6502 Shanghai Rd is a 1,280 square foot house on a 1 acre lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $175,606.
Single-familyProperty Type
1940Year Built
1 acresLot Size
$137Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$175,606
$9,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 33.5% lower than the average sale price ($264K) 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
$707 (−57.2%)
$30,000
2024
$1,654 (+18.4%)
$30,000 + $40,700
$70,700
2023
$1,397 (−17.7%)
$30,000 + $40,700
$70,700
2022
$1,698 (+3.1%)
$30,000 + $36,400
$66,400
2021
$1,647
$50,000 + $29,000
$79,000
2020
$1,646 (+0.8%)
$50,000 + $29,000
$79,000
2019
$1,632 (+3.8%)
$50,000 + $29,000
$79,000
2018
$1,573 (+4.5%)
$50,000 + $28,400
$78,400
2017
$1,506 (+0.7%)
$50,000 + $22,200
$72,200
2016
$1,496 (+5.6%)
$50,000 + $22,200
$72,200
2015
$1,416 (+0.4%)
$50,000 + $21,800
$71,800
2014
$1,411 (−1.0%)
$50,000 + $20,800
$70,800
2013
$1,425
$50,000 + $20,600
$70,600
Tax history for 6502 Shanghai Rd
Year
Property tax
Land + Additions
Assessment*
2025
$707 (−57.2%)
$30,000
2024
$1,654 (+18.4%)
$30,000 + $40,700
$70,700
2023
$1,397 (−17.7%)
$30,000 + $40,700
$70,700
2022
$1,698 (+3.1%)
$30,000 + $36,400
$66,400
2021
$1,647
$50,000 + $29,000
$79,000
2020
$1,646 (+0.8%)
$50,000 + $29,000
$79,000
2019
$1,632 (+3.8%)
$50,000 + $29,000
$79,000
2018
$1,573 (+4.5%)
$50,000 + $28,400
$78,400
2017
$1,506 (+0.7%)
$50,000 + $22,200
$72,200
2016
$1,496 (+5.6%)
$50,000 + $22,200
$72,200
2015
$1,416 (+0.4%)
$50,000 + $21,800
$71,800
2014
$1,411 (−1.0%)
$50,000 + $20,800
$70,800
2013
$1,425
$50,000 + $20,600
$70,600
*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
D4
METRO
Dwelling District Four
The D-4 District is intended for low or medium intensity single-family and two-family residential development. Land in this District needs good thoroughfare access, relatively flat topography, and nearby community and neighborhood services and facilities with pedestrian linkages. Provisions for recreational facilities serving the neighborhood within walking distance are vitally important. Trees fulfill an important cooling and drainage role for the individual lots in this District. The D-4 District has a typical density of 4.2 units per gross acre. This District fulfills the low density residential classification of the Comprehensive General Land Use Plan. All public utilities and 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
Housing-Mobile home park
Park & open space
Nov 20, 2024 • Final
Right of way permit-excavation
Retire the gas service and perform an asphalt street cut.
Gas
Sep 23, 2024 • Active
Asbestos notification
Demolition
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
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Fair
Construction Type: Wood
Building Type: Single Family
Property Information
Living Sq. Ft: 1,280
Adjusted Gross Sq. Ft: 1,280
Ground Floor Sq. Ft: 772
Building Sq. Ft: 1,280
# of Stories: 1
Legal Description: PT SE1/4 165' X 264' NE COR
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 43,560
Municipality Name: PIKE,OUTSIDE
Acres: 1
County Use Description: 1 FAM DWLG ON UNPLAT 0-9.99AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,280
Stories: 1.0
Lot Size: 1 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1940
County: Marion County
APN: 490434119001000600
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
Central Elementary School (Pike)
Public K-5 • Assigned • 1.2mi
4/10
Lincoln Middle School
Public 6-8 • Assigned • 1.5mi
4/10
Pike High School
Public 9-12 • Assigned • 1.3mi
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, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46278
Average low and high temperatures (°F)
32
17
41
26
60
39
68
47
72
53
83
65
86
71
81
64
81
58
70
48
53
39
41
27
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
$167,000 – $202,000
Sell confidently with a local market expert in Indianapolis. 3 minutes to get started.