OFF MARKET

Off market feb 2020 for $243K

$363,772

•

2,932

sq ft

4656 Physics Way, Indianapolis, IN 46239

About this home

Need room to entertain? Come home to this beautiful, very well maintained 4 bdrm home in much desired Franklin Township. Den/Office on first floor as well as full bathroom. Hugh living area opens to eat-in kitchen with 48" cabinets for extra storage plus large walk in pantry. Off the kitchen enjoy the large 14 x 18 screened-in patio as you look out at one of the largest lots in the neighborhood. Upstairs is a loft area plus large master bedroom and 3 additional bdrms., each with walk in closets. Garage has a bump-out for extra storage. Location close to shopping and interstates. Come see this great home as it won't last long.

Single-familyProperty Type

2002Year Built

0.53 acresLot Size

$124Est. Price/Sq.Ft.

2 car garageParking

Listed by Cheri Meeks • Hoosier, REALTORS®

Contact: cherimeeks@hoosier-realtors.com

Bought with Debra Palmer • RE/MAX Advanced Realty

Redfin checked: 3 minutes ago

•Source:MIBOR as Distributed by MLS Grid #21684587

Redfin Estimate

$363,772

$121K since sold in February 2020$0 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.9% higher than the average sale price ($337K) of 6 comparable homes.

SOLD AUG 13, 2026
$395,000
A
4 beds3 baths3,412 sq ft
7322 Fields Dr, Indianapolis, IN 46239
SOLD JUL 17, 2026
$297,500
B
3 beds2.5 baths2,505 sq ft
4636 Physics Way, Indianapolis, IN 46239
SOLD JUL 2, 2026
$277,500
C
3 beds2.5 baths2,471 sq ft
7156 History Ct, Indianapolis, IN 46239
SOLD JUN 22, 2026
$339,000
D
4 beds2.5 baths2,652 sq ft
7517 Wildcat Run Ln, Indianapolis, IN 46239
SOLD APR 24, 2026
$410,000
E
4 beds2.5 baths3,198 sq ft
5142 Cedar Mill Ln, Indianapolis, IN 46237
SOLD JUL 8, 2026
$303,900
F
3 beds2.5 baths2,221 sq ft
4852 Thicket Grove Ln, Indianapolis, IN 46237

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Earn from this home

Sell

$171,807

Est. take-home

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Rent

$2,202/mo

Redfin rental estimate

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Market trends in 46239, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.0% MoM

Median sale price

$315K

$5K MoM

Avg. days on market

50d

5 days MoM

Recently sold homes

185

22 MoM

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See all

Provided by Redfin

Sale history for 4656 Physics Way

Year

Property tax

Land + Additions

Assessment*

2025

$3,551 (+9.2%)

$32,800 + $341,200

$374,000

2024

$3,253 (+0.1%)

$32,800 + $281,600

$314,400

2023

$3,248 (+1.8%)

$32,800 + $281,600

$314,400

2022

$3,191 (+19.5%)

$32,800 + $281,400

$314,200

2021

$2,671 (+6.8%)

$32,800 + $224,100

$256,900

2020

$2,500 (+7.1%)

$32,800 + $224,100

$256,900

2019

$2,335 (+6.1%)

$32,800 + $207,300

$240,100

2018

$2,201 (+6.9%)

$26,100 + $197,700

$223,800

2017

$2,060 (+4.7%)

$26,100 + $170,700

$196,800

2016

$1,968 (+14.7%)

$26,100 + $170,700

$196,800

2015

$1,716 (−3.3%)

$26,100 + $161,800

$187,900

2014

$1,775 (+27.1%)

$26,100 + $149,500

$175,600

2013

$1,397

$26,100 + $151,400

$177,500

Tax history for 4656 Physics Way

Year

Property tax

Land + Additions

Assessment*

2025

$3,551 (+9.2%)

$32,800 + $341,200

$374,000

2024

$3,253 (+0.1%)

$32,800 + $281,600

$314,400

2023

$3,248 (+1.8%)

$32,800 + $281,600

$314,400

2022

$3,191 (+19.5%)

$32,800 + $281,400

$314,200

2021

$2,671 (+6.8%)

$32,800 + $224,100

$256,900

2020

$2,500 (+7.1%)

$32,800 + $224,100

$256,900

2019

$2,335 (+6.1%)

$32,800 + $207,300

$240,100

2018

$2,201 (+6.9%)

$26,100 + $197,700

$223,800

2017

$2,060 (+4.7%)

$26,100 + $170,700

$196,800

2016

$1,968 (+14.7%)

$26,100 + $170,700

$196,800

2015

$1,716 (−3.3%)

$26,100 + $161,800

$187,900

2014

$1,775 (+27.1%)

$26,100 + $149,500

$175,600

2013

$1,397

$26,100 + $151,400

$177,500

*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
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.53 Acres

Year renovated

2002

Sq. Ft.

2,920

Year built

2002

Style

Single Family Residential

County

Marion County

APN

491036114027000300

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on May 11, 2026.

METRO

Dwelling District Two

The D-2 District is intended for use in suburban areas. Ample yards, trees and passive open spaces easily serving each individual lot are envisioned for this District. The D-2 District has a typical density of 1.9 units per gross acre. Two-family dwellings are permitted on corner lots in this District. This District fulfills the lowest density recommendation of the Comprehensive General Land Use Plan. Public water and sewer 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

Metro Context Area

Permitted uses

Include but are not limited to:

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

Oct 28, 2025 • Active

Right of way permit-excavation

Perform directional boring through pavement and non-pavement areas, including dirt and grass, at various locations. The work involves crossing streets and utility paths to facilitate infrastructure installation.

Grading

Jul 28, 2014 • Active

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

Parking

Parking Information
Garage SqFt: 600
Parking Features: Attached, Concrete
Garage Spaces: 2
Has Garage

Interior

Interior Sq. Ft. Information
Building Area Total: 2932
Living Area: 2932
Main Level Sq. Ft.: 1252
Upper Level Sq. Ft.: 1680

Bedroom Information
# of Upper Bedrooms: 4
Beds MU: 4
Bedrooms MU: 4

Bathroom Information
# of Full Baths (Total): 3
# of Full Baths (Upper): 2
# of Full Baths (Main): 1
Full Baths MU: 4
Full Bathrooms MU: 3

Room 1 Information
Room Type: Great Room
Room Features: Carpet
Room Dimensions: 24x19
Room Level: Main

Room 2 Information
Room Type: Library
Room Features: Carpet
Room Dimensions: 14x12
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Features: Vinyl
Room Dimensions: 20x15
Room Level: Main

Room 4 Information
Room Features: Carpet
Room Dimensions: 20x15
Room Level: Upper

Room 5 Information
Room Type: Loft
Room Features: Carpet
Room Dimensions: 20x12
Room Level: Upper

Room 6 Information
Room Type: Bedroom 2
Room Features: Carpet
Room Dimensions: 14x10
Room Level: Upper

Room 7 Information
Room Type: Bedroom 3
Room Features: Carpet
Room Dimensions: 12x10
Room Level: Upper

Room 8 Information
Room Type: Bedroom 4
Room Features: Carpet
Room Dimensions: 15x13
Room Level: Upper

Room 9 Information
Room Type: Utility Room
Room Features: Vinyl
Room Dimensions: 6x8
Room Level: Main

Other Rooms Information
Rooms Upper: 5
Rooms Main: 4
Rooms Basement: 0
# of Rooms: 9

Heating & Cooling
Heating Information: Heat Pump, Electric
Cooling Information: Central Electric, Heat Pump

Interior Features
Interior Features: Attic Access, Walk-in Closet(s), Screens Complete, Windows Vinyl, Breakfast Bar, Eat-in Kitchen, Pantry
Appliances: Disposal, MicroHood, Electric Oven, Refrigerator, Electric Water Heater
Areas Interior: Utility Room

Exterior

Exterior Features
Patio And Porch Features: Screened Patio, Covered Porch
Fencing: Partial

Property Information
Ownership Interest Types: Mandatory Fee
Other Equipment: Security Alarm Paid
Property Type: Residential
Property Sub Type: Single Family Residence

Land Information
Acres: 1/2-1 Acre

Lot Information
Lot Size Acres: 0.533
Lot Features: Sidewalks, Street Lights, On Trail, Mature Trees

Utilities

Utility Information
Utility Prim Sewage Disp: Municipal Sewer Connected
Water Source: Municipal/City
Solid Waste Information: No

Location

HOA Information
Has HOA
HOA Disclosures: Covenants & Restrictions
Association Fee: $360
Association Fee Frequency: Annually
Association Fee Includes: Entrance Common

School Information
High School District: Franklin Township Com Sch Corp

Location Information
Directions: From 465 take Emerson ave exit. Go south to Thompson Road, turn east. Turn left into Ashland subdivision. Follow to Physics Way, turn left. Home on left.
Tax Legal Description: ASHLAND SEC 2 L 89

Public facts

Beds: 4
Baths: 2.0
Sq. Ft.: 2,920
Stories: 2.0
Lot Size: 0.53 acres
Style: Single Family Residential
Year Built: 2002
Year Renovated: 2002
County: Marion County
APN: 491036114027000300

Home facts updated by county records on May 11, 2026

Other

Listing Information
Attribution Contact: cherimeeks@hoosier-realtors.com

Green Information
Green Certification YN: No

Home Information
Foundation Details: Slab
Construction Materials: Vinyl With Brick
Levels: Two

Around this home

Schools

Thompson Crossing Elementary School

Public K-3 • Assigned • 0.6mi

5/10

Franklin Central Junior High

Public 7-8 • Assigned • 3.7mi

5/10

Franklin Central High School

Public 9-12 • Assigned • 2.1mi

7/10

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 102° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46239

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 9.7 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

$346,000 – $419,000

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Home values near 4656 Physics Way

Data from public records.

Address	Redfin Estimate
4617 Physics Way, Indianapolis, IN 4 Beds \| 1.5 Baths \| 3168 Sq. Ft.	$357,902
4620 Physics Way, Indianapolis, IN 5 Beds \| 3.5 Baths \| 3210 Sq. Ft.	$375,040

Address	Redfin Estimate
4651 Physics Way, Indianapolis, IN 3 Beds \| 1.5 Baths \| 2552 Sq. Ft.	$297,217
4641 Physics Way, Indianapolis, IN 3 Beds \| 2 Baths \| 2109 Sq. Ft.	$302,972

Address	Redfin Estimate
4644 Physics Way, Indianapolis, IN 3 Beds \| 2.5 Baths \| 1936 Sq. Ft.	$300,886
4628 Physics Way, Indianapolis, IN 5 Beds \| 2 Baths \| 3168 Sq. Ft.	$373,991

Property information provided by MIBOR as Distributed by MLS Grid when last listed in 2019. This data may not match . Learn more.

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