Google street view image for 646 S Raceway Rd, Indianapolis, IN 46231

OFF MARKET

$222,337

•

1.5 ba

•

1,428

sq ft

646 S Raceway Rd, Indianapolis, IN 46231

About this home

646 S Raceway Rd is a 1,428 square foot house on a 0.46 acre lot with 3 bedrooms and 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $222,337.

Single-familyProperty Type

1965Year Built

0.46 acresLot Size

$156Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$222,337

$3,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.6% lower than the average sale price ($263K) of 5 comparable homes.

SOLD APR 14, 2026
$237,000
A
3 beds2 baths1,434 sq ft
9220 Walton St, Indianapolis, IN 46231
SOLD JUN 25, 2026
$280,000
B
3 beds2 baths1,480 sq ft
229 Rainbow Blvd, Indianapolis, IN 46234
SOLD JUL 9, 2026
$240,000
C
3 beds1.5 baths1,374 sq ft
8608 Stonewall Dr, Indianapolis, IN 46231
SOLD AUG 12, 2026
$330,000
D
3 beds2 baths1,792 sq ft
1115 Texarkana Dr, Indianapolis, IN 46231
SOLD JUL 30, 2026
$230,000
E
3 beds2 baths1,412 sq ft
8902 Sunbow Dr, Indianapolis, IN 46231

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Earn from this home

Sell

$207,490

Est. take-home

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Rent

$1,682/mo

Redfin rental estimate

List your home for rent

Market trends in 46231, IN

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.8%

0.1% MoM

Median sale price

$250K

$2K MoM

Avg. days on market

15d

2 days MoM

Recently sold homes

2 MoM

New listings for sale

$314,900
3 beds2 baths1,640 sq ft
1041 New Harmony Dr, Indianapolis, IN 46231
$354,900
3 beds2.5 baths2,366 sq ft
10934 Cyrus Dr, Indianapolis, IN 46231
$228,500
3 beds2 baths1,172 sq ft
2043 Orchid Bloom Dr, Indianapolis, IN 46231
$320,000
3 beds2.5 baths2,552 sq ft
1376 Broyles Ln, Indianapolis, IN 46231
OPEN SEP 13, 2PM TO 4PM
$1
3 beds2 baths1,264 sq ft
9132 Blue Pine Dr, Indianapolis, IN 46231
See all

Provided by Redfin

Sale history for 646 S Raceway Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$1,738 (+12.4%)

$27,700 + $151,900

$179,600

2024

$1,547 (+1.7%)

$27,700 + $151,900

$179,600

2023

$1,521 (−1.6%)

$27,700 + $146,900

$174,600

2022

$1,546 (+16.5%)

$25,200 + $133,600

$158,800

2021

$1,327 (+9.8%)

$24,000 + $127,500

$151,500

2020

$1,209 (+9.0%)

$24,000 + $108,300

$132,300

2019

$1,110 (−5.8%)

$24,000 + $100,500

$124,500

2018

$1,178 (+24.5%)

$22,900 + $95,300

$118,200

2017

$946 (−0.4%)

$21,800 + $87,900

$109,700

2016

$950 (+9.4%)

$21,800 + $85,300

$107,100

2015

$868 (+4.6%)

$21,800 + $85,300

$107,100

2014

$830 (−12.5%)

$19,100 + $79,200

$98,300

2013

$948

$19,100 + $79,200

$98,300

Tax history for 646 S Raceway Rd

Year

Property tax

Land + Additions

Assessment*

2025

$1,738 (+12.4%)

$27,700 + $151,900

$179,600

2024

$1,547 (+1.7%)

$27,700 + $151,900

$179,600

2023

$1,521 (−1.6%)

$27,700 + $146,900

$174,600

2022

$1,546 (+16.5%)

$25,200 + $133,600

$158,800

2021

$1,327 (+9.8%)

$24,000 + $127,500

$151,500

2020

$1,209 (+9.0%)

$24,000 + $108,300

$132,300

2019

$1,110 (−5.8%)

$24,000 + $100,500

$124,500

2018

$1,178 (+24.5%)

$22,900 + $95,300

$118,200

2017

$946 (−0.4%)

$21,800 + $87,900

$109,700

2016

$950 (+9.4%)

$21,800 + $85,300

$107,100

2015

$868 (+4.6%)

$21,800 + $85,300

$107,100

2014

$830 (−12.5%)

$19,100 + $79,200

$98,300

2013

$948

$19,100 + $79,200

$98,300

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

Zoning

AGR

AIRSPACE SECONDARY ZONING DISTRICT

Agriculture Residential District

The intent of the Agriculture Residential AGR District is to permit the establishment of individual single-family dwellings while maintaining a primarily rural character. This can serve to protect land best suited for agricultural use from the encroachment of incompatible land uses.

Zone overlays

Airspace Secondary Zoning District

Permitted uses

Include but are not limited to:

Agriculture
Greenhouse / nursery
Housing-Group
Housing-Single unit
Fire house
Police station
Recreation

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 7

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

Room Information
# of Rooms: 7

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Brick
Building Type: Single Family

Property Information
Subdivision Name: GLEN ELEN SEC 4
Living Sq. Ft: 1,428
Adjusted Gross Sq. Ft: 1,428
Ground Floor Sq. Ft: 1,428
Building Sq. Ft: 1,890
# of Stories: 1
Legal Description: GLEN-ELEN ADD SECTION 4 LOT 80

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 462
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 19,998
Legal Lot Number: 80
Municipality Name: WASHINGTON TOWNSHIP
Acres: 0.4591
Depth Footage: 200
Front Footage: 100
County Use Description: ONE FAMILY STRUCTURE PLATTED

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.5
Sq. Ft.: 1,428
Stories: 1.0
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1965
Year Renovated: 1970
County: Hendricks County
APN: 320908445004000022

Home facts updated by county records on Aug 3, 2026

Around this home

Schools

Pine Tree Elementary School

Public K-4 • Assigned • 3.0mi

8/10

Avon Middle School South

Public 7-8 • Assigned • 3.7mi

10/10

Avon High School

Public 9-12 • Assigned • 3.4mi

9/10

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

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 • 46231

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

$212,000 – $256,000

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Nearby similar homes

OPEN SEP 13, 2PM TO 4PM

3 beds2 baths1,264 sq ft

9132 Blue Pine Dr, Indianapolis, IN 46231

3D WALKTHROUGH

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3 beds2.5 baths2,627 sq ft

1682 Howell Dr, Indianapolis, IN 46231

$340,000

4 beds2.5 baths3,504 sq ft

892 Flying Sun Dr, Avon, IN 46123

3D WALKTHROUGH

$265,000

2 beds2 baths1,248 sq ft

425 Dylan Dr, Avon, IN 46123

$230,000

3 beds2 baths1,392 sq ft

8831 Hollowood Dr, Indianapolis, IN 46234

New listings for sale in 46231

$314,900

3 beds2 baths1,640 sq ft

1041 New Harmony Dr, Indianapolis, IN 46231

$354,900

3 beds2.5 baths2,366 sq ft

10934 Cyrus Dr, Indianapolis, IN 46231

$228,500

3 beds2 baths1,172 sq ft

2043 Orchid Bloom Dr, Indianapolis, IN 46231

$320,000

3 beds2.5 baths2,552 sq ft

1376 Broyles Ln, Indianapolis, IN 46231

OPEN SEP 13, 2PM TO 4PM

3 beds2 baths1,264 sq ft

9132 Blue Pine Dr, Indianapolis, IN 46231

Home values near 646 S Raceway Rd

Data from public records.

Address	Redfin Estimate
662 South Raceway Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1425 Sq. Ft.	$245,404
586 South Raceway Rd, Indianapolis, IN 5 Beds \| 4 Baths \| 3720 Sq. Ft.	$360,447

Address	Redfin Estimate
700 South Raceway Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1494 Sq. Ft.	$291,716
684 South Raceway Rd, Indianapolis, IN 2 Beds \| 1.5 Baths \| 1398 Sq. Ft.	$215,420

Address	Redfin Estimate
566 South Raceway Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 1448 Sq. Ft.	$251,100
608 South Raceway Rd, Indianapolis, IN 3 Beds \| 1.5 Baths \| 1398 Sq. Ft.	$275,616

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