Google satellite image for 4240 Roland Rd, Indianapolis, IN 46228

OFF MARKET

$774,281

•

2 ba

•

4,794

sq ft

4240 Roland Rd, Indianapolis, IN 46228

About this home

4240 Roland Rd is a 4,794 square foot house on a 1.27 acre lot with 4 bedrooms and 2 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $774,281.

Single-familyProperty Type

1929Year Built

1.27 acresLot Size

$162Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$774,281

$68K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 87.1% higher than the average sale price ($414K) of 5 comparable homes.

SOLD BY REDFIN JUL 17, 2026
$380,000
A
4 beds2 baths4,148 sq ft
3140 W 48th St, Indianapolis, IN 46228
SOLD AUG 7, 2026
$326,900
B
4 beds2 baths3,944 sq ft
3259 W 48th St, Indianapolis, IN 46228
SOLD JUN 22, 2026
$552,000
C
4 beds3 baths4,310 sq ft
2140 W 44th St, Indianapolis, IN 46228
SOLD AUG 10, 2026
$410,000
D
4 beds2.5 baths3,448 sq ft
4729 Orlando Ct, Indianapolis, IN 46228
SOLD APR 7, 2026
$400,000
E
4 beds2.5 baths4,158 sq ft
1701 W 51st St, Indianapolis, IN 46228

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Earn from this home

Sell

$727,753

Est. take-home

List your home with Redfin and save $7,743

Rent

$2,572/mo

Redfin rental estimate

List your home for rent

Market trends in 46228, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.1%

0.3% MoM

Median sale price

$275K

$3K MoM

Avg. days on market

13d

3 days MoM

Recently sold homes

0 MoM

New listings for sale

NEW 32 HRS AGO
$255,000
3 beds2 baths1,430 sq ft
4506 Rotterdam Dr, Indianapolis, IN 46228
NEW 34 HRS AGO
$244,000
3 beds2 baths1,780 sq ft
2900 Galahad Dr, Indianapolis, IN 46228
3D WALKTHROUGH
$2,850,000
5 beds7 baths10,757 sq ft
510 Kessler Boulevard Wdr, Indianapolis, IN 46228
$114,900
1 bed1 bath966 sq ft
5875 Bonnie Brae St, Indianapolis, IN 46228
3D WALKTHROUGH
$550,000
5 beds4 baths6,090 sq ft
4750 Kessler Boulevard North Dr, Indianapolis, IN 46228
$335,000
3 beds2.5 baths2,352 sq ft
4208 Springwood Trl, Indianapolis, IN 46228
$359,900
4 beds2.5 baths2,508 sq ft
5265 Mchenry Ln, Indianapolis, IN 46228
$274,900
3 beds1.5 baths1,530 sq ft
4908 Bonnie Brae St, Indianapolis, IN 46228
3D WALKTHROUGH
$350,000
3 beds2 baths2,058 sq ft
3414 Aylesford Ln, Indianapolis, IN 46228
$425,000
4 beds3.5 baths4,282 sq ft
5145 Michigan Rd, Indianapolis, IN 46228
See all

Provided by Redfin

Sale history for 4240 Roland Rd

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2025

$10,815 (−5.5%)

$69,600 + $723,700

$793,300

2024

$11,441 (+0.9%)

$69,600 + $721,400

$791,000

2023

$11,334 (+2.3%)

$69,600 + $721,400

$791,000

2022

$11,077 (+24.1%)

$69,600 + $721,400

$791,000

2021

$8,924 (+9.5%)

$62,700 + $554,000

$616,700

2020

$8,150 (+7.1%)

$62,700 + $554,000

$616,700

2019

$7,607 (−0.4%)

$62,700 + $535,000

$597,700

2018

$7,635 (+8.9%)

$62,700 + $535,000

$597,700

2017

$7,009 (+7.9%)

$62,700 + $509,400

$572,100

2016

$6,497 (+10.2%)

$62,700 + $509,400

$572,100

2015

$5,894 (+0.7%)

$62,700 + $509,400

$572,100

2014

$5,851 (+25.5%)

$62,700 + $486,900

$549,600

2013

$4,662

$62,700 + $483,100

$545,800

Tax history for 4240 Roland Rd

Year

Property tax

Land + Additions

Assessment*

2025

$10,815 (−5.5%)

$69,600 + $723,700

$793,300

2024

$11,441 (+0.9%)

$69,600 + $721,400

$791,000

2023

$11,334 (+2.3%)

$69,600 + $721,400

$791,000

2022

$11,077 (+24.1%)

$69,600 + $721,400

$791,000

2021

$8,924 (+9.5%)

$62,700 + $554,000

$616,700

2020

$8,150 (+7.1%)

$62,700 + $554,000

$616,700

2019

$7,607 (−0.4%)

$62,700 + $535,000

$597,700

2018

$7,635 (+8.9%)

$62,700 + $535,000

$597,700

2017

$7,009 (+7.9%)

$62,700 + $509,400

$572,100

2016

$6,497 (+10.2%)

$62,700 + $509,400

$572,100

2015

$5,894 (+0.7%)

$62,700 + $509,400

$572,100

2014

$5,851 (+25.5%)

$62,700 + $486,900

$549,600

2013

$4,662

$62,700 + $483,100

$545,800

*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

AIRSPACE SECONDARY ZONING DISTRICT

METRO

Dwelling District One

The D-1 District is intended for use in suburban areas. The D-1 District has a typical density of 0.9 units per gross acre which fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. The D-1 District provides for estate-style development characterized by generous front yards for trees and a bucolic atmosphere, appropriately served by gently curving roadways. Under most circumstances, public water and sewer facilities should be present but are not mandatory. Development plans should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife. Use of the cluster option when subdividing would maximize site advantages.

Zone overlays

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Communications tower
Park & open space

Property details

Interior

Basement Information
Basement Sq. Ft: 2,532
Basement Type: Full

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 2
# of Bathroom Fixtures: 12

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Heat Pump

Fireplace Information
# of Fireplaces: 3
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 12

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Stone/Rock
Building Type: Single Family

Property Information
Subdivision Name: WYNNEDALE
Living Sq. Ft: 4,794
Adjusted Gross Sq. Ft: 7,326
Ground Floor Sq. Ft: 2,730
Building Sq. Ft: 7,878
# of Stories: 2
Legal Description: WYNNEDALE L79 & 33.5' WL 20.75FT EL OFF NE END OFLOT D

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 552
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 55,234
Legal Lot Number: 79
Municipality Name: WYNNEDALE,WASHINGTON
Acres: 1.268
Depth Footage: 233
Front Footage: 187
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: 4
Baths: 2.0
Sq. Ft.: 4,794
Stories: 2.0
Lot Size: 1.27 acres
Style: Single Family Residential
Year Built: 1929
Year Renovated: 1952
County: Marion County
APN: 490616118018000822

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Crooked Creek Elementary School

Public K-5 • Assigned • 1.7mi

4/10

Westlane Middle School

Public 6-8 • Assigned • 3.8mi

6/10

North Central High School

Public 9-12 • Assigned • 6.7mi

6/10

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, 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 • 46228

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

$736,000 – $891,000

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Nearby similar homes

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Land— sq ft

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3D WALKTHROUGH

$350,000

3 beds2 baths2,058 sq ft

3414 Aylesford Ln, Indianapolis, IN 46228

$179,900

3 beds1 bath2,254 sq ft

1217 W 33rd St, Indianapolis, IN 46208

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4 beds2 baths2,661 sq ft

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3 beds1.5 baths1,392 sq ft

420 W 41st St, Indianapolis, IN 46208

$299,900

3 beds2.5 baths3,664 sq ft

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New listings for sale in 46228

NEW 32 HRS AGO

$255,000

3 beds2 baths1,430 sq ft

4506 Rotterdam Dr, Indianapolis, IN 46228

NEW 34 HRS AGO

$244,000

3 beds2 baths1,780 sq ft

2900 Galahad Dr, Indianapolis, IN 46228

3D WALKTHROUGH

$2,850,000

5 beds7 baths10,757 sq ft

510 Kessler Boulevard Wdr, Indianapolis, IN 46228

$114,900

1 bed1 bath966 sq ft

5875 Bonnie Brae St, Indianapolis, IN 46228

3D WALKTHROUGH

$550,000

5 beds4 baths6,090 sq ft

4750 Kessler Boulevard North Dr, Indianapolis, IN 46228

$335,000

3 beds2.5 baths2,352 sq ft

4208 Springwood Trl, Indianapolis, IN 46228

$359,900

4 beds2.5 baths2,508 sq ft

5265 Mchenry Ln, Indianapolis, IN 46228

$274,900

3 beds1.5 baths1,530 sq ft

4908 Bonnie Brae St, Indianapolis, IN 46228

3D WALKTHROUGH

$350,000

3 beds2 baths2,058 sq ft

3414 Aylesford Ln, Indianapolis, IN 46228

Home values near 4240 Roland Rd

Data from public records.

Address	Redfin Estimate
4270 Roland Road, Indianapolis, IN 4 Beds \| 4 Baths \| 5979 Sq. Ft.	$550,623
4280 Roland Road, Indianapolis, IN 3 Beds \| 1 Baths \| 3338 Sq. Ft.	$500,460

Address	Redfin Estimate
4220 Roland Road, Indianapolis, IN 5 Beds \| 3 Baths \| 4874 Sq. Ft.	$592,529
4235 Roland Road, Indianapolis, IN 3 Beds \| 2.5 Baths \| 3015 Sq. Ft.	$456,631

Address	Redfin Estimate
4260 Roland Road, Indianapolis, IN 3 Beds \| - Baths \| 6660 Sq. Ft.	$721,946
4255 Roland Road, Indianapolis, IN 3 Beds \| 1.5 Baths \| 3474 Sq. Ft.	$370,873

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46228, IN

Sale history for 4240 Roland Rd

Tax history for 4240 Roland Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46228

Home values near 4240 Roland Rd

More real estate resources