6474 Falling Tree Way is a 3,085 square foot house on a 0.31 acre lot with 1.5 bathrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $375,077.
Single-familyProperty Type
2001Year Built
0.31 acresLot Size
$122Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$375,077
$15K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 6.3% higher than the average sale price ($353K) 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
$3,264 (−10.8%)
$53,300 + $268,800
$322,100
2024
$3,659 (+0.5%)
$53,300 + $274,100
$327,400
2023
$3,640 (+4.0%)
$53,300 + $274,100
$327,400
2022
$3,500 (+3.9%)
$53,300 + $274,100
$327,400
2021
$3,369 (+13.9%)
$53,300 + $241,200
$294,500
2020
$2,958 (+11.5%)
$53,300 + $241,200
$294,500
2019
$2,653 (−0.2%)
$38,900 + $217,200
$256,100
2018
$2,657
$38,900 + $219,900
$258,800
2017
$2,656 (+3.1%)
$38,900 + $220,700
$259,600
2016
$2,577 (+6.9%)
$38,900 + $220,700
$259,600
2015
$2,410 (−6.5%)
$38,900 + $213,100
$252,000
2014
$2,577
$38,900 + $202,100
$241,000
2013
$2,577
$38,900 + $218,800
$257,700
Tax history for 6474 Falling Tree Way
Year
Property tax
Land + Additions
Assessment*
2025
$3,264 (−10.8%)
$53,300 + $268,800
$322,100
2024
$3,659 (+0.5%)
$53,300 + $274,100
$327,400
2023
$3,640 (+4.0%)
$53,300 + $274,100
$327,400
2022
$3,500 (+3.9%)
$53,300 + $274,100
$327,400
2021
$3,369 (+13.9%)
$53,300 + $241,200
$294,500
2020
$2,958 (+11.5%)
$53,300 + $241,200
$294,500
2019
$2,653 (−0.2%)
$38,900 + $217,200
$256,100
2018
$2,657
$38,900 + $219,900
$258,800
2017
$2,656 (+3.1%)
$38,900 + $220,700
$259,600
2016
$2,577 (+6.9%)
$38,900 + $220,700
$259,600
2015
$2,410 (−6.5%)
$38,900 + $213,100
$252,000
2014
$2,577
$38,900 + $202,100
$241,000
2013
$2,577
$38,900 + $218,800
$257,700
*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
D2
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
Aug 20, 2003 • Final
Improvement location permit-1-2 family
Install an inground swimming pool.
Pool and hot tub
Jun 26, 2001 • Final
Improvement location permit-1-2 family
New construction
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
Interior
Basement Information
Basement Sq. Ft: 899
Basement Type: Partial
Bathroom Information
# of Full Baths: 1
# of 1/2 Baths: 1
# of Bathroom Fixtures: 11
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Steel
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: TIMBER RIDGE SEC 1
Living Sq. Ft: 3,085
Adjusted Gross Sq. Ft: 3,984
Ground Floor Sq. Ft: 1,413
Building Sq. Ft: 4,510
# of Stories: 2
Legal Description: TIMBER RIDGE SEC 1 L 32
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 526
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 13,504
Legal Lot Number: 32
Municipality Name: CITY OF LAWRENCE
Acres: 0.31
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 1.5
Sq. Ft.: 3,085
Stories: 2.0
Lot Size: 0.31 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2001
County: Marion County
APN: 490132115022000407
Home facts updated by county records on May 11, 2026
Around this home
Schools
Early Learning Center
Public PreK-K • Assigned • 0.6mi
Fall Creek Valley Middle School
Public 7-8 • Assigned • 0.8mi
4/10
Lawrence North High School
Public 9-12 • Assigned • 3.3mi
5/10
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, 18 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46236
Average low and high temperatures (°F)
32
17
41
25
60
39
68
47
71
53
82
65
86
70
81
63
81
57
69
46
53
38
41
27
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.8 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.8 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$357,000 – $432,000
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