706 S Addison St is a 1,230 square foot house on a 5,489 square foot lot with 3 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $107,365.
Single-familyProperty Type
1930Year Built
5,489 sq ftLot Size
$87Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$107,365
$0 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 13% lower than the average sale price ($123K) 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
$2,344 (+27.7%)
$3,500 + $91,500
$95,000
2024
$1,836 (+4.9%)
$3,500 + $69,300
$72,800
2023
$1,750 (+8.2%)
$3,500 + $69,300
$72,800
2022
$1,617 (+27.2%)
$3,500 + $65,800
$69,300
2021
$1,272 (−0.9%)
$3,500 + $46,900
$50,400
2020
$1,284 (−1.6%)
$3,500 + $46,900
$50,400
2019
$1,304 (+14.3%)
$3,500 + $47,300
$50,800
2018
$1,141 (+12.8%)
$3,500 + $47,300
$50,800
2017
$1,012 (+6.3%)
$3,500 + $39,500
$43,000
2016
$952 (+5.2%)
$3,500 + $39,500
$43,000
2015
$905 (+4.4%)
$3,500 + $37,800
$41,300
2014
$867 (−0.3%)
$3,500 + $37,200
$40,700
2013
$870
$3,500 + $36,300
$39,800
Tax history for 706 S Addison St
Year
Property tax
Land + Additions
Assessment*
2025
$2,344 (+27.7%)
$3,500 + $91,500
$95,000
2024
$1,836 (+4.9%)
$3,500 + $69,300
$72,800
2023
$1,750 (+8.2%)
$3,500 + $69,300
$72,800
2022
$1,617 (+27.2%)
$3,500 + $65,800
$69,300
2021
$1,272 (−0.9%)
$3,500 + $46,900
$50,400
2020
$1,284 (−1.6%)
$3,500 + $46,900
$50,400
2019
$1,304 (+14.3%)
$3,500 + $47,300
$50,800
2018
$1,141 (+12.8%)
$3,500 + $47,300
$50,800
2017
$1,012 (+6.3%)
$3,500 + $39,500
$43,000
2016
$952 (+5.2%)
$3,500 + $39,500
$43,000
2015
$905 (+4.4%)
$3,500 + $37,800
$41,300
2014
$867 (−0.3%)
$3,500 + $37,200
$40,700
2013
$870
$3,500 + $36,300
$39,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
D5
AIRSPACE SECONDARY ZONING DISTRICT
COMPACT
Dwelling District Five
The D-5 district is intended for medium and large- lot housing formats, primarily for detached houses, but may incorporate small- scale multi- unit building types in strategic locations. This district can be used for new, walkable suburban neighborhoods or for infill situation in established urban areas, including both low density and medium density residential recommendations of the Comprehensive Plan, and the Suburban Neighborhood and Traditional Neighborhood Typologies of the Land Use Pattern Book.
Zone overlays
Airspace Secondary Zoning District
Compact 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
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family
Property Information
Subdivision Name: JOHN S SPANN & COS ADD
Living Sq. Ft: 1,230
Adjusted Gross Sq. Ft: 1,230
Ground Floor Sq. Ft: 1,098
Building Sq. Ft: 1,230
# of Stories: 1
Legal Description: JOHN S SPANN AND CO'S ADDISON TERRACE L202
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 330
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,489
Legal Lot Number: 202
Municipality Name: INDIANAPOLIS,WAYNE
Acres: 0.126
Depth Footage: 137
Front Footage: 40
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: —
Sq. Ft.: 1,230
Stories: 1.0
Lot Size: 5,489 square feet
Style: Single Family Residential
Year Built: 1930
Year Renovated: 1930
County: Marion County
APN: 491109113214000901
Home facts updated by county records on Oct 19, 2026
Around this home
Schools
Daniel Webster School 46
Public PreK-5 • Assigned • 1.1mi
4/10
William Penn School 49
Public 6-8 • Assigned • 0.5mi
3/10
George Washington Community High School (9-12)
Public 9-12 • Assigned • 0.6mi
1/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 80%+ chance 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
4/10 Heat Factor
7 days above 102° 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 • 46221
Average low and high temperatures (°F)
33
18
43
26
62
40
69
49
72
54
83
66
87
71
83
65
82
60
71
49
54
39
42
28
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
$102,000 – $124,000
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