3501 Watson Rd is a 2,874 square foot house on a 0.49 acre lot with 5 bedrooms and 3 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $330,320.
Single-familyProperty Type
1954Year Built
0.49 acresLot Size
$115Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$330,320
$9,000 since July
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 8.1% higher than the average sale price ($306K) 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
$2,601 (+2.0%)
$86,900 + $237,900
$324,800
2024
$2,549 (+2.0%)
$86,900 + $213,900
$300,800
2023
$2,499 (+2.0%)
$86,900 + $213,900
$300,800
2022
$2,449 (+2.0%)
$86,900 + $250,800
$337,700
2021
$2,400 (+2.0%)
$18,200 + $229,000
$247,200
2020
$2,352 (+2.0%)
$18,200 + $229,000
$247,200
2019
$2,305 (+2.0%)
$18,200 + $189,200
$207,400
2018
$2,259 (+20.3%)
$18,200 + $184,800
$203,000
2017
$1,877 (+9.3%)
$18,200 + $147,600
$165,800
2016
$1,717 (+5.7%)
$18,200 + $147,600
$165,800
2015
$1,625 (−45.1%)
$18,200 + $136,200
$154,400
2014
$2,962 (+4.0%)
$18,200 + $131,100
$149,300
2013
$2,848
$18,200 + $118,800
$137,000
Tax history for 3501 Watson Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,601 (+2.0%)
$86,900 + $237,900
$324,800
2024
$2,549 (+2.0%)
$86,900 + $213,900
$300,800
2023
$2,499 (+2.0%)
$86,900 + $213,900
$300,800
2022
$2,449 (+2.0%)
$86,900 + $250,800
$337,700
2021
$2,400 (+2.0%)
$18,200 + $229,000
$247,200
2020
$2,352 (+2.0%)
$18,200 + $229,000
$247,200
2019
$2,305 (+2.0%)
$18,200 + $189,200
$207,400
2018
$2,259 (+20.3%)
$18,200 + $184,800
$203,000
2017
$1,877 (+9.3%)
$18,200 + $147,600
$165,800
2016
$1,717 (+5.7%)
$18,200 + $147,600
$165,800
2015
$1,625 (−45.1%)
$18,200 + $136,200
$154,400
2014
$2,962 (+4.0%)
$18,200 + $131,100
$149,300
2013
$2,848
$18,200 + $118,800
$137,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
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
Property details
Interior
Basement Information
Basement Sq. Ft: 1,916
Basement Type: Full
Bathroom Information
# of Full Baths: 3
# of Bathroom Fixtures: 14
Heating & Cooling
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace
Room Information
# of Rooms: 12
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family
Property Information
Subdivision Name: WATSON PARK ADD RUDDLE & VINTONS ADD
Living Sq. Ft: 2,874
Adjusted Gross Sq. Ft: 5,748
Ground Floor Sq. Ft: 1,916
Building Sq. Ft: 5,748
# of Stories: 1
Legal Description: WATSON PARK L1 EX 5FT E END
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 576
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 21,432
Legal Lot Number: 1
Municipality Name: INDIANPOLIS,CENTER
Acres: 0.492
Depth Footage: 141
Front Footage: 152
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: 5
Baths: 3.0
Sq. Ft.: 2,874
Stories: 1.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 1954
Year Renovated: 1975
County: Marion County
APN: 490624100007000101
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
James Whitcomb Riley School 43
Public PreK-5 • Assigned • 1.0mi
4/10
KIPP Indianapolis College Preparatory
Charter 6-8 • Assigned • 1.1mi
4/10
Shortridge High School
Public 9-12 • Assigned • 0.5mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
10/10 Flood Factor
Estimated 80%+ chance 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 101° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46205
Average low and high temperatures (°F)
32
18
42
27
60
40
68
49
71
54
83
67
88
72
84
66
82
60
71
49
54
40
42
28
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
$314,000 – $380,000
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