1231 Nicholas Rd is a 1,185 square foot house on a 8,904 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $260,170.
Single-familyProperty Type
1947Year Built
8,904 sq ftLot Size
$220Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$260,170
$3,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.5% lower than the average sale price ($327K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,909 (+11.9%)
$35,400 + $221,400
$256,800
2024
$2,599 (−0.4%)
$35,400 + $174,100
$209,500
2023
$2,609 (+0.3%)
$35,400 + $174,100
$209,500
2022
$2,602 (+15.0%)
$35,400 + $174,100
$209,500
2021
$2,263 (+4.6%)
$25,800 + $158,000
$183,800
2020
$2,164 (−0.5%)
$25,800 + $158,000
$183,800
2019
$2,176 (−1.4%)
$25,800 + $149,700
$175,500
2018
$2,206 (+28.2%)
$25,800 + $147,500
$173,300
2017
$1,721 (−0.2%)
$25,800 + $124,700
$150,500
2016
$1,724 (+1.6%)
$25,800 + $124,700
$150,500
2015
$1,697 (+4.2%)
$25,800 + $128,500
$154,300
2014
$1,629 (+3.4%)
$25,800 + $127,100
$152,900
2013
$1,576
$25,800 + $123,900
$149,700
Tax history for 1231 Nicholas Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,909 (+11.9%)
$35,400 + $221,400
$256,800
2024
$2,599 (−0.4%)
$35,400 + $174,100
$209,500
2023
$2,609 (+0.3%)
$35,400 + $174,100
$209,500
2022
$2,602 (+15.0%)
$35,400 + $174,100
$209,500
2021
$2,263 (+4.6%)
$25,800 + $158,000
$183,800
2020
$2,164 (−0.5%)
$25,800 + $158,000
$183,800
2019
$2,176 (−1.4%)
$25,800 + $149,700
$175,500
2018
$2,206 (+28.2%)
$25,800 + $147,500
$173,300
2017
$1,721 (−0.2%)
$25,800 + $124,700
$150,500
2016
$1,724 (+1.6%)
$25,800 + $124,700
$150,500
2015
$1,697 (+4.2%)
$25,800 + $128,500
$154,300
2014
$1,629 (+3.4%)
$25,800 + $127,100
$152,900
2013
$1,576
$25,800 + $123,900
$149,700
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
D4
COMPACT
Dwelling District Four
The D-4 District is intended for low or medium intensity single-family and two-family residential development. Land in this District needs good thoroughfare access, relatively flat topography, and nearby community and neighborhood services and facilities with pedestrian linkages. Provisions for recreational facilities serving the neighborhood within walking distance are vitally important. Trees fulfill an important cooling and drainage role for the individual lots in this District. The D-4 District has a typical density of 4.2 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and facilities must be present. Development plans, which may include the use of clustering, should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site conditions, including vegetation, topography, drainage and wildlife.
Zone overlays
Compact Context Area
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Communications tower
Housing-Mobile home park
Park & open space
Mar 13, 2001 • Active
Heating & cooling permit-1-2 family-replacement
HVAC
Mar 1, 1996 • Final
Heating & cooling permit-1-2 family-replacement
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 494
Basement Type: Partial
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: KILLARNEY HEIGHTS
Living Sq. Ft: 1,185
Adjusted Gross Sq. Ft: 1,679
Ground Floor Sq. Ft: 1,185
Building Sq. Ft: 1,679
# of Stories: 1
Legal Description: KILLARNEY HEIGHTS 2ND SEC L41
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,904
Legal Lot Number: 41
Municipality Name: INDIANAPOLIS,WASHINGTON
Acres: 0.2044
Depth Footage: 137
Front Footage: 65
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Location Information
Parcel Location Influence: Extra Front
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,185
Stories: 1.0
Lot Size: 8,904 square feet
Style: Single Family Residential
Year Built: 1947
Year Renovated: 1958
County: Marion County
APN: 490707118002000801
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Eliza A. Blaker School 55
Public PreK-5 • Assigned • 0.2mi
5/10
Purdue Polytechnic High School North
Charter 9-12 • Assigned • 1.2mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 102° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46220
Average low and high temperatures (°F)
32
17
42
26
60
40
68
47
71
53
83
65
88
71
85
65
82
59
71
48
54
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$248,000 – $300,000
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