1551 Park Ridge Way is a 1,342 square foot house on a 7,797 square foot lot with 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $199,728.
Single-familyProperty Type
1990Year Built
7,797 sq ftLot Size
$149Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$199,728
$2,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 1.2% lower than the average sale price ($202K) 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
$2,430 (+2.6%)
$19,800 + $204,700
$224,500
2024
$2,367 (+18.4%)
$19,800 + $179,600
$199,400
2023
$1,999 (+9.5%)
$19,800 + $179,600
$199,400
2022
$1,825 (+17.6%)
$19,800 + $149,500
$169,300
2021
$1,552 (+10.1%)
$19,800 + $115,500
$135,300
2020
$1,409 (+2.2%)
$19,800 + $115,500
$135,300
2019
$1,379 (+16.8%)
$19,800 + $105,900
$125,700
2018
$1,180 (+25.5%)
$19,800 + $100,400
$120,200
2017
$940 (+3.6%)
$19,800 + $78,400
$98,200
2016
$908 (+21.2%)
$19,800 + $78,400
$98,200
2015
$749 (+1.2%)
$19,800 + $73,900
$93,700
2014
$740 (−11.0%)
$19,800 + $72,200
$92,000
2013
$831
$19,800 + $68,900
$88,700
Tax history for 1551 Park Ridge Way
Year
Property tax
Land + Additions
Assessment*
2025
$2,430 (+2.6%)
$19,800 + $204,700
$224,500
2024
$2,367 (+18.4%)
$19,800 + $179,600
$199,400
2023
$1,999 (+9.5%)
$19,800 + $179,600
$199,400
2022
$1,825 (+17.6%)
$19,800 + $149,500
$169,300
2021
$1,552 (+10.1%)
$19,800 + $115,500
$135,300
2020
$1,409 (+2.2%)
$19,800 + $115,500
$135,300
2019
$1,379 (+16.8%)
$19,800 + $105,900
$125,700
2018
$1,180 (+25.5%)
$19,800 + $100,400
$120,200
2017
$940 (+3.6%)
$19,800 + $78,400
$98,200
2016
$908 (+21.2%)
$19,800 + $78,400
$98,200
2015
$749 (+1.2%)
$19,800 + $73,900
$93,700
2014
$740 (−11.0%)
$19,800 + $72,200
$92,000
2013
$831
$19,800 + $68,900
$88,700
*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
DP
METRO
Planned Unit Development
The planned unit development district (D-P) is established for the following
purposes: To encourage a more creative approach in land and building site planning. To encourage and efficient, aesthetic and desirable use of open space. To encourage variety in physical development pattern. To promote street layout and design that increases connectivity in a
neighborhood and improves the directness of routes for vehicles, bicycles, pedestrians, and transit on an open street and multi-modal network providing multiple routes to and from destinations.
To achieve flexibility and incentives for residential, non-residential and mixed-use developments which will create a wider range of housing types as well as amenities to meet the ever changing needs of the community. To encourage renewal of older areas in the metropolitan region where new development and restoration are needed to revitalize areas. To permit special consideration of property with outstanding features, including but not limited to historical significance, unusual topography,
environmentally sensitive areas and landscape amenities. To provide for a comprehensive review and processing of development proposals for developers and the Metropolitan Development Commission by providing for concurrent review of land use, subdivision, public improvements
and siting considerations. To accommodate new site treatments not contemplated in other kinds of
districts.
Zone overlays
Metro Context Area
May 14, 2021 • Final
Heating & cooling - 1-2 family
Replace the existing furnace and air conditioning unit with a new furnace and air conditioning unit.
HVAC
Mar 1, 1996 • Final
Electrical permit-1-2 family-residential addition
Addition
Electrical
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
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: PARK VALLEY ESTATES SEC 3
Living Sq. Ft: 1,342
Adjusted Gross Sq. Ft: 1,342
Ground Floor Sq. Ft: 1,342
Building Sq. Ft: 1,762
# of Stories: 1
Legal Description: PARK VALLEY ESTATES SEC 3 L113
Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 420
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,797
Legal Lot Number: 113
Municipality Name: WARREN,OUTSIDE
Acres: 0.179
Depth Footage: 120
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: —
Baths: 1.0
Sq. Ft.: 1,342
Stories: 1.0
Lot Size: 7,797 square feet
Style: Single Family Residential
Year Built: 1990
Year Renovated: 1990
County: Marion County
APN: 490833104039000700
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Eastridge Elementary School
Public K-4 • Assigned • 0.7mi
5/10
Creston Middle School
Public 5-8 • Assigned • 2.5mi
3/10
Warren Central High School
Public 9-12 • Assigned • 0.8mi
3/10
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
3/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46229
Average low and high temperatures (°F)
32
17
42
26
60
39
69
48
72
53
83
65
88
70
81
63
81
56
71
46
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$190,000 – $230,000
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