Google street view image for 3933+ N Raceway Rd, Indianapolis, IN 46234

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SOLD

$399,238

•

2 ba

•

720

sq ft

3933+ N Raceway Rd, Indianapolis, IN 46234

About this home

GREAT INVESTMENT PROPERTY! 4 UNITS WITH EXTRA DEEP GARAGES IN LOWER LEVEL OF BASEMENT. BRICK AND VINYL. INCOME $2600/MO. NICE WOOD CABINETS IN KITCHENS, CENTRAL AIR, WELL AND SEPTIC. BEAUTIFUL WOODED SETTING IN PIKE SCH OOLS.

Multi-familyProperty Type

1979Year Built

0.57 acresLot Size

$554Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$399,238

$179K since last sold$13K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.3% higher than the average sale price ($343K) of 6 comparable homes.

SOLD MAY 29, 2026
$284,900
A
4 beds3 baths1,600 sq ft
3605 N County Road 950 E, Brownsburg, IN 46112
SOLD JUL 2, 2026
$270,000
B
3 beds2 baths1,527 sq ft
9565 Edgewater Ct, Brownsburg, IN 46112
SOLD AUG 17, 2026
$355,000
C
4 beds3 baths2,613 sq ft
10373 Whispering Winds, Indianapolis, IN 46234
SOLD JUN 26, 2026
$360,000
D
4 beds2.5 baths1,692 sq ft
3680 N County Road 950 E, Brownsburg, IN 46112
SOLD JUN 24, 2026
$445,000
E
4 beds2.5 baths2,322 sq ft
3646 Meadowlark Ln, Brownsburg, IN 46112
SOLD AUG 7, 2026
$344,400
F
4 beds2.5 baths2,924 sq ft
8939 Emperors Ct, Indianapolis, IN 46234

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Earn from this home

Sell

$374,237

Est. take-home

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Market trends in 46234, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.4%

+0.2% MoM

Median sale price

$305K

$15K MoM

Avg. days on market

10d

2 days MoM

Recently sold homes

102

10 MoM

New listings for sale

FOR SALE BY OWNER
$30,000
3 beds2 baths924 sq ft
2246 Oxford Dr, Indianapolis, IN 46234
$265,000
2 beds2 baths1,435 sq ft
10830 Pine Valley Path, Indianapolis, IN 46234
$364,900
3 beds2 baths1,824 sq ft
2536 Tansel Rd, Indianapolis, IN 46234
3D WALKTHROUGH
$329,500
4 beds2.5 baths2,238 sq ft
523 Verwood Ct, Indianapolis, IN 46234
$245,000
3 beds2 baths1,600 sq ft
1302 Butternut Ln, Indianapolis, IN 46234
$235,000
3 beds2 baths1,066 sq ft
8559 Country Club Blvd, Indianapolis, IN 46234
$414,900
4 beds4 baths3,686 sq ft
5854 Skyward Ln, Indianapolis, IN 46234
$290,000
4 beds2.5 baths2,288 sq ft
8540 Chapel Gln, Indianapolis, IN 46234
LISTED BY REDFIN
$525,000
3 beds2.5 baths2,666 sq ft
10767 Shiloh Wood Ct, Indianapolis, IN 46234
$330,000
4 beds2.5 baths2,502 sq ft
535 Montrose Ct, Indianapolis, IN 46234
See all

Provided by Redfin

Sale history for 3933+ N Raceway Rd

Date

Event

Price

MIBOR as Distributed by MLS Grid #2337968

Jul 18, 2003

Listed

$239,900

$333/sq ft

MIBOR as Distributed by MLS Grid #2047080

Jun 8, 2001

Listing Removed

—

Dec 8, 2000

Listed

$249,900

$347/sq ft

MIBOR as Distributed by MLS Grid #2009830

May 7, 2000

Listing Removed

—

Mar 15, 2000

Listed

$249,900

$347/sq ft

MIBOR as Distributed by MLS Grid #9940217

May 7, 2000

Listing Removed

—

Nov 4, 1999

Listed

$249,900

$347/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$1,897 (−6.4%)

$15,400 + $62,500

$77,900

2024

$2,026 (+10.9%)

$15,400 + $67,900

$83,300

2023

$1,826 (+1.8%)

$15,400 + $67,900

$83,300

2022

$1,793 (+1.8%)

$15,400 + $67,900

$83,300

2021

$1,761 (+4.1%)

$13,900 + $66,400

$80,300

2020

$1,692 (+0.6%)

$13,900 + $66,400

$80,300

2019

$1,682 (+3.5%)

$13,900 + $63,100

$77,000

2018

$1,626 (+1.3%)

$13,900 + $62,800

$76,700

2017

$1,605 (+6.5%)

$13,900 + $59,200

$73,100

2016

$1,507 (+9.9%)

$13,900 + $59,200

$73,100

2015

$1,371 (+0.9%)

$13,900 + $54,500

$68,400

2014

$1,359 (−0.9%)

$13,900 + $54,500

$68,400

2013

$1,372

$13,900 + $53,900

$67,800

Tax history for 3933+ N Raceway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,897 (−6.4%)

$15,400 + $62,500

$77,900

2024

$2,026 (+10.9%)

$15,400 + $67,900

$83,300

2023

$1,826 (+1.8%)

$15,400 + $67,900

$83,300

2022

$1,793 (+1.8%)

$15,400 + $67,900

$83,300

2021

$1,761 (+4.1%)

$13,900 + $66,400

$80,300

2020

$1,692 (+0.6%)

$13,900 + $66,400

$80,300

2019

$1,682 (+3.5%)

$13,900 + $63,100

$77,000

2018

$1,626 (+1.3%)

$13,900 + $62,800

$76,700

2017

$1,605 (+6.5%)

$13,900 + $59,200

$73,100

2016

$1,507 (+9.9%)

$13,900 + $59,200

$73,100

2015

$1,371 (+0.9%)

$13,900 + $54,500

$68,400

2014

$1,359 (−0.9%)

$13,900 + $54,500

$68,400

2013

$1,372

$13,900 + $53,900

$67,800

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.57 Acres

Year renovated

1979

Sq. Ft.

720

Year built

1979

Style

Multi-Family (2-4 Unit)

County

Marion County

APN

490516114014000600

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 29, 2026.

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District Five

The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.

Zone overlays

Airspace Secondary Zoning District
Metro 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

Around this home

Schools

Deer Run Elementary School

Public K-5 • Assigned • 3.5mi

4/10

Guion Creek Middle School

Public 6-8 • Assigned • 5.0mi

3/10

Pike High School

Public 9-12 • Assigned • 5.2mi

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 100° expected this year, 19 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, 5 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46234

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.6 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

9.6 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$380,000 – $460,000

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New listings for sale in 46234

FOR SALE BY OWNER

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3D WALKTHROUGH

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LISTED BY REDFIN3D WALKTHROUGH

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Home values near 3933+ N Raceway Rd

Data from public records.

Address	Redfin Estimate
3889 N Raceway Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1200 Sq. Ft.	$248,781
3903 N Raceway Road, Indianapolis, IN 1 Beds \| - Baths \| 800 Sq. Ft.	$203,680

Address	Redfin Estimate
3905 N Raceway Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1036 Sq. Ft.	$145,125
3889 N Raceway Road #0, Indianapolis, IN - Beds \| - Baths \| - Sq. Ft.	$152,089

Address	Redfin Estimate
3937 N Raceway Road, Indianapolis, IN 2 Beds \| 2 Baths \| 720 Sq. Ft.	$177,279
4165 Mossy Bank Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 2474 Sq. Ft.	$300,572

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