Google street view image for 729 Reda Rd, Indianapolis, IN 46227

OFF MARKET

$214,106

•

1 ba

•

1,475

sq ft

729 Reda Rd, Indianapolis, IN 46227

About this home

729 Reda Rd is a 1,475 square foot house on a 0.34 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Indianapolis data, we estimate the home's value is $214,106.

Single-familyProperty Type

1967Year Built

0.34 acresLot Size

$145Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$214,106

$2,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 18.7% lower than the average sale price ($263K) of 6 comparable homes.

SOLD MAY 22, 2026
$256,000
A
3 beds1.5 baths1,458 sq ft
8122 S East St, Indianapolis, IN 46227
SOLD JUL 16, 2026
$246,000
B
3 beds1.5 baths1,359 sq ft
8221 S Delaware St, Indianapolis, IN 46227
SOLD FEB 23, 2026
$235,000
C
3 beds1.5 baths1,448 sq ft
8034 Hi Vu Dr, Indianapolis, IN 46227
SOLD FEB 27, 2026
$255,000
D
3 beds2 baths1,572 sq ft
623 Chariot Ln, Indianapolis, IN 46227
SOLD JUN 4, 2026
$254,900
E
3 beds1.5 baths1,506 sq ft
101 E Hill Valley Dr, Indianapolis, IN 46227
SOLD MAY 29, 2026
$333,000
F
3 beds2 baths2,578 sq ft
7625 Surrey Dr, Indianapolis, IN 46227

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Earn from this home

Sell

$199,732

Est. take-home

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Rent

$1,574/mo

Redfin rental estimate

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Market trends in 46227, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.0%

+0.3% MoM

Median sale price

$235K

$597 MoM

Avg. days on market

16d

24 days MoM

Recently sold homes

149

5 MoM

New listings for sale

$215,000
2 beds1 bath1,370 sq ft
6105 Homestead Dr, Indianapolis, IN 46227
$285,000
5 beds3.5 baths4,202 sq ft
8724 Shelby St, Indianapolis, IN 46227
$170,000
3 beds1 bath912 sq ft
1515 E Mills Ave, Indianapolis, IN 46227
$275,000
4 beds2.5 baths2,265 sq ft
411 Narcissus Dr, Indianapolis, IN 46227
$285,000
4 beds2.5 baths2,118 sq ft
7621 Broadview Dr, Indianapolis, IN 46227
$340,000
3 beds2 baths1,947 sq ft
5824 S Keystone Ave, Indianapolis, IN 46227
$242,000
3 beds2.5 baths1,494 sq ft
120 White Lick Dr, Indianapolis, IN 46227
$360,000
3 beds3 baths2,484 sq ft
7151 Lindenwood Dr, Indianapolis, IN 46227
$354,900
3 beds2.5 baths3,134 sq ft
3120 E Banta Rd, Indianapolis, IN 46227
$225,000
2 beds1 bath1,170 sq ft
1114 Southview Dr, Indianapolis, IN 46227
See all

Provided by Redfin

Sale history for 729 Reda Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$2,699 (−5.0%)

$28,700 + $193,000

$221,700

2024

$2,841 (−47.1%)

$28,700 + $185,800

$214,500

2023

$5,366 (+114.5%)

$28,700 + $185,800

$214,500

2022

$2,502 (+16.0%)

$28,700 + $177,400

$206,100

2021

$2,158 (+14.8%)

$28,700 + $131,800

$160,500

2020

$1,880 (+7.1%)

$28,700 + $131,800

$160,500

2019

$1,755 (+9.5%)

$28,700 + $111,300

$140,000

2018

$1,602 (+0.7%)

$21,400 + $112,000

$133,400

2017

$1,591

$21,400 + $103,300

$124,700

2016

$1,592 (+7.3%)

$21,400 + $103,300

$124,700

2015

$1,484 (+1.4%)

$21,400 + $102,400

$123,800

2014

$1,464 (+10.1%)

$21,400 + $105,100

$126,500

2013

$1,330

$21,400 + $103,500

$124,900

Tax history for 729 Reda Rd

Year

Property tax

Land + Additions

Assessment*

2025

$2,699 (−5.0%)

$28,700 + $193,000

$221,700

2024

$2,841 (−47.1%)

$28,700 + $185,800

$214,500

2023

$5,366 (+114.5%)

$28,700 + $185,800

$214,500

2022

$2,502 (+16.0%)

$28,700 + $177,400

$206,100

2021

$2,158 (+14.8%)

$28,700 + $131,800

$160,500

2020

$1,880 (+7.1%)

$28,700 + $131,800

$160,500

2019

$1,755 (+9.5%)

$28,700 + $111,300

$140,000

2018

$1,602 (+0.7%)

$21,400 + $112,000

$133,400

2017

$1,591

$21,400 + $103,300

$124,700

2016

$1,592 (+7.3%)

$21,400 + $103,300

$124,700

2015

$1,484 (+1.4%)

$21,400 + $102,400

$123,800

2014

$1,464 (+10.1%)

$21,400 + $105,100

$126,500

2013

$1,330

$21,400 + $103,500

$124,900

*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

AIRSPACE SECONDARY ZONING DISTRICT

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

Airspace Secondary Zoning District
Metro Context Area

Permitted uses

Include but are not limited to:

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

Property details

Interior

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 8

Heating & Cooling
Air Conditioning Type: Central

Fireplace Information
# of Fireplaces: 1
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 8

Exterior

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

Property Information
Subdivision Name: CARRIAGE ESTATES
Living Sq. Ft: 1,475
Adjusted Gross Sq. Ft: 1,475
Ground Floor Sq. Ft: 1,475
Building Sq. Ft: 2,004
# of Stories: 1
Legal Description: CARRIAGE ESTATES 6TH SEC L194

Parking & Garage Information
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 529
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 14,723
Legal Lot Number: 194
Municipality Name: PERRY, OUTSIDE
Acres: 0.338
Depth Footage: 143
Front Footage: 103
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,475
Stories: 1.0
Lot Size: 0.34 acres
Style: Single Family Residential
Year Built: 1967
Year Renovated: 1967
County: Marion County
APN: 491413120003000500

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Douglas MacArthur Kindergarten

Public K-1 • Assigned • 0.6mi

Perry Meridian 6th Grade Academy

Public 6 • Assigned • 1.0mi

6/10

Perry Meridian High School

Public 9-12 • Assigned • 1.2mi

6/10

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

4/10 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

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46227

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

$204,000 – $247,000

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New listings for sale in 46227

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5 beds3.5 baths4,202 sq ft

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$275,000

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411 Narcissus Dr, Indianapolis, IN 46227

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7621 Broadview Dr, Indianapolis, IN 46227

$340,000

3 beds2 baths1,947 sq ft

5824 S Keystone Ave, Indianapolis, IN 46227

$242,000

3 beds2.5 baths1,494 sq ft

120 White Lick Dr, Indianapolis, IN 46227

$360,000

3 beds3 baths2,484 sq ft

7151 Lindenwood Dr, Indianapolis, IN 46227

$354,900

3 beds2.5 baths3,134 sq ft

3120 E Banta Rd, Indianapolis, IN 46227

Home values near 729 Reda Rd

Data from public records.

Address	Redfin Estimate
704 Reda Road, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2119 Sq. Ft.	$313,265
733 Reda Road, Indianapolis, IN 3 Beds \| 3 Baths \| 3000 Sq. Ft.	$297,435

Address	Redfin Estimate
814 Reda Road, Indianapolis, IN 3 Beds \| 1 Baths \| 1284 Sq. Ft.	$264,289
801 Reda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 2394 Sq. Ft.	—

Address	Redfin Estimate
736 Reda Road, Indianapolis, IN 3 Beds \| 2 Baths \| 1756 Sq. Ft.	$283,793
741 Reda Road, Indianapolis, IN 4 Beds \| 2.5 Baths \| 1940 Sq. Ft.	$271,741

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