7501 Michigan Rd is a 1,855 square foot house on a 8,712 square foot lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $144,800.
Single-familyProperty Type
1900Year Built
8,712 sq ftLot Size
$78Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$144,800
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 44.3% lower than the average sale price ($260K) 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
$916 (−13.8%)
$22,800 + $83,100
$105,900
2024
$1,062 (+14.1%)
$22,800 + $85,500
$108,300
2023
$931 (+323.1%)
$22,800 + $85,500
$108,300
2022
$220 (+2.2%)
$22,800 + $85,500
$108,300
2021
$215 (+2.2%)
$8,000 + $66,500
$74,500
2020
$211 (−1.9%)
$8,000 + $66,500
$74,500
2019
$215 (−84.5%)
$8,000 + $63,100
$71,100
2018
$1,382 (+1.5%)
$8,000 + $58,400
$66,400
2017
$1,362 (+174.6%)
$8,000 + $55,500
$63,500
2016
$496 (+24.9%)
$8,000 + $55,500
$63,500
2015
$397 (+0.3%)
$8,000 + $54,300
$62,300
2014
$396 (−0.5%)
$8,000 + $52,900
$60,900
2013
$398
$8,000 + $52,500
$60,500
Tax history for 7501 Michigan Rd
Year
Property tax
Land + Additions
Assessment*
2025
$916 (−13.8%)
$22,800 + $83,100
$105,900
2024
$1,062 (+14.1%)
$22,800 + $85,500
$108,300
2023
$931 (+323.1%)
$22,800 + $85,500
$108,300
2022
$220 (+2.2%)
$22,800 + $85,500
$108,300
2021
$215 (+2.2%)
$8,000 + $66,500
$74,500
2020
$211 (−1.9%)
$8,000 + $66,500
$74,500
2019
$215 (−84.5%)
$8,000 + $63,100
$71,100
2018
$1,382 (+1.5%)
$8,000 + $58,400
$66,400
2017
$1,362 (+174.6%)
$8,000 + $55,500
$63,500
2016
$496 (+24.9%)
$8,000 + $55,500
$63,500
2015
$397 (+0.3%)
$8,000 + $54,300
$62,300
2014
$396 (−0.5%)
$8,000 + $52,900
$60,900
2013
$398
$8,000 + $52,500
$60,500
*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
D5
METRO
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
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
Feb 12, 2021 • Final
Heating & cooling - 1-2 family
Remove the existing furnace and air conditioner and replace them with a new furnace and air conditioner.
HVAC
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: 225
Basement Type: Partial
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: AUGUSTA 1ST ADD
Living Sq. Ft: 1,855
Adjusted Gross Sq. Ft: 2,332
Ground Floor Sq. Ft: 1,099
Building Sq. Ft: 2,332
# of Stories: 1
Legal Description: AUGUSTA L70
Lot Information
# of Buildings: 1
Land Sq. Ft: 8,712
Legal Lot Number: 70
Municipality Name: PIKE,OUTSIDE
Acres: 0.2
Depth Footage: 132
Front Footage: 66
County Use Description: ONE FAMILY DWLG ON PLAT LOT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: —
Sq. Ft.: 1,855
Stories: 1.0
Lot Size: 8,712 square feet
Style: Single Family Residential
Year Built: 1900
Year Renovated: 1900
County: Marion County
APN: 490329114007000600
Home facts updated by county records on Jul 29, 2026
Around this home
Schools
College Park Elementary School
Public K-5 • Assigned • 1.9mi
3/10
Lincoln Middle School
Public 6-8 • Assigned • 2.2mi
4/10
Pike High School
Public 9-12 • Assigned • 2.5mi
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 101° expected this year, 18 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
3 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Indianapolis, IN • 46268
Average low and high temperatures (°F)
33
18
42
26
61
39
69
48
72
53
83
65
88
71
83
64
82
58
71
48
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 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
$138,000 – $167,000
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