Google street view image for 8623 Cholla Rd, Indianapolis, IN 46240

OFF MARKET

$353,777

•

— ba

•

1,540

sq ft

8623 Cholla Rd, Indianapolis, IN 46240

About this home

8623 Cholla Rd is a 1,540 square foot house on a 0.66 acre lot with 2 bedrooms. Based on Redfin's Indianapolis data, we estimate the home's value is $353,777.

Single-familyProperty Type

1955Year Built

0.66 acresLot Size

$230Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$353,777

$5,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.7% higher than the average sale price ($303K) of 6 comparable homes.

SOLD AUG 28, 2026
$245,600
A
2 beds2 baths1,356 sq ft
1859 Marian Dr, Indianapolis, IN 46240
SOLD JUN 15, 2026
$355,000
B
3 beds2 baths1,572 sq ft
9114 Crestview Dr, Indianapolis, IN 46240
SOLD MAY 8, 2026
$345,000
C
3 beds2 baths1,370 sq ft
8816 El Rico Dr, Indianapolis, IN 46240
SOLD JUL 7, 2026
$290,000
D
3 beds1 bath2,288 sq ft
2115 E 91st St, Indianapolis, IN 46240
BOUGHT WITH REDFIN AUG 21, 2026
$245,000
E
3 beds1 bath1,410 sq ft
8655 N College Ave, Indianapolis, IN 46240
SOLD JUN 1, 2026
$338,000
F
3 beds2 baths1,470 sq ft
8705 Guilford Ave, Indianapolis, IN 46240

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$331,385

Est. take-home

List your home with Redfin and save $3,538

Market trends in 46240, IN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

98.7%

0.8% MoM

Median sale price

$406K

$7K MoM

Avg. days on market

14d

6 days MoM

Recently sold homes

1 MoM

New listings for sale

$190,000
2 beds1.5 baths1,060 sq ft
1025 Helen Dr, Indianapolis, IN 46240
$1,395,000
2 beds2 baths2,620 sq ft
3778 E 79th St, Indianapolis, IN 46240
$1,250,000
3 beds2.5 baths2,617 sq ft
3264 Bay Road South Dr, Indianapolis, IN 46240
3D WALKTHROUGH
$425,000
5 beds2.5 baths2,422 sq ft
7345 N Tuxedo St, Indianapolis, IN 46240
$865,000
5 beds3.5 baths5,037 sq ft
1501 E 80th St, Indianapolis, IN 46240
$249,900
2 beds2.5 baths1,532 sq ft
9545 Longwell Dr, Indianapolis, IN 46240
$630,000
4 beds2.5 baths4,616 sq ft
9235 Crystal Riv, Indianapolis, IN 46240
See all

Provided by Redfin

Sale history for 8623 Cholla Rd

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

Year

Property tax

Land + Additions

Assessment*

2025

$4,208 (+0.6%)

$114,500 + $227,500

$342,000

2024

$4,181 (+4.4%)

$114,500 + $192,700

$307,200

2023

$4,004 (+23.8%)

$114,500 + $192,700

$307,200

2022

$3,235 (+4.9%)

$114,500 + $192,700

$307,200

2021

$3,083 (+13.8%)

$31,200 + $192,700

$223,900

2020

$2,709 (+13.3%)

$31,200 + $192,700

$223,900

2019

$2,391 (+7.8%)

$31,200 + $176,800

$208,000

2018

$2,218 (+2.8%)

$31,200 + $163,800

$195,000

2017

$2,157 (+16.7%)

$31,200 + $151,100

$182,300

2016

$1,848 (+22.1%)

$31,200 + $151,100

$182,300

2015

$1,514 (−4.0%)

$31,200 + $137,300

$168,500

2014

$1,577 (+5.8%)

$31,200 + $130,500

$161,700

2013

$1,490

$31,200 + $136,200

$167,400

Tax history for 8623 Cholla Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,208 (+0.6%)

$114,500 + $227,500

$342,000

2024

$4,181 (+4.4%)

$114,500 + $192,700

$307,200

2023

$4,004 (+23.8%)

$114,500 + $192,700

$307,200

2022

$3,235 (+4.9%)

$114,500 + $192,700

$307,200

2021

$3,083 (+13.8%)

$31,200 + $192,700

$223,900

2020

$2,709 (+13.3%)

$31,200 + $192,700

$223,900

2019

$2,391 (+7.8%)

$31,200 + $176,800

$208,000

2018

$2,218 (+2.8%)

$31,200 + $163,800

$195,000

2017

$2,157 (+16.7%)

$31,200 + $151,100

$182,300

2016

$1,848 (+22.1%)

$31,200 + $151,100

$182,300

2015

$1,514 (−4.0%)

$31,200 + $137,300

$168,500

2014

$1,577 (+5.8%)

$31,200 + $130,500

$161,700

2013

$1,490

$31,200 + $136,200

$167,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

METRO

TOD

Dwelling District One

The D-1 District is intended for use in suburban areas. The D-1 District has a typical density of 0.9 units per gross acre which fulfills the lowest density residential classification of the Comprehensive General Land Use Plan. The D-1 District provides for estate-style development characterized by generous front yards for trees and a bucolic atmosphere, appropriately served by gently curving roadways. Under most circumstances, public water and sewer facilities should be present but are not mandatory. Development plans should incorporate and promote environmental and aesthetic considerations, working within the constraints and advantages presented by existing site considerations, including vegetation, topography, drainage and wildlife. Use of the cluster option when subdividing would maximize site advantages.

Zone overlays

Metro Context Area
Transit Oriented Development Secondary Zoning District

Permitted uses

Include but are not limited to:

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

Property details

Interior

Basement Information
Basement Sq. Ft: 1,540
Basement Type: Full

Bathroom Information
# of Bathroom Fixtures: 7

Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air

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

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Stone/Rock
Building Type: Single Family

Property Information
Subdivision Name: EL RICO 2ND SEC
Living Sq. Ft: 1,540
Adjusted Gross Sq. Ft: 3,080
Ground Floor Sq. Ft: 1,540
Building Sq. Ft: 3,080
# of Stories: 1
Legal Description: EL RICO 2ND SEC L6

Parking & Garage Information
# of Parking Spaces: 2
Parking Type: Basement Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Basement

Lot Information
# of Buildings: 1
Land Sq. Ft: 28,863
Legal Lot Number: 6
Municipality Name: WASHINGTON,OUTSIDE
Acres: 0.6626
Depth Footage: 176
Front Footage: 164
County Use Description: ONE FAMILY DWLG ON PLAT LOT

Location Information
Parcel Location Influence: Extra Front

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 2
Baths: —
Sq. Ft.: 1,540
Stories: 1.0
Lot Size: 0.66 acres
Style: Single Family Residential
Year Built: 1955
Year Renovated: 1961
County: Marion County
APN: 490313105005000800

Home facts updated by county records on Jul 29, 2026

Around this home

Schools

Nora Elementary School

Public PreK-5 • Assigned • 0.8mi

5/10

Northview Middle School

Public 6-8 • Assigned • 0.4mi

8/10

North Central High School

Public 9-12 • Assigned • 0.3mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

9/10 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

3/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

4/10 Air Factor

4 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Indianapolis, IN • 46240

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 9.8 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

$337,000 – $407,000

Reach more buyers when you sell with Redfin. Save up to $3,538 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$360,000

4 beds1.5 baths1,772 sq ft

10461 Woodlawn Dr, Carmel, IN 46280

3D WALKTHROUGH

$365,000

3 beds2 baths1,480 sq ft

2516 Colony Ct, Carmel, IN 46280

OPEN TODAY, 1PM TO 3PM

$1,249,000

4 beds3.5 baths4,556 sq ft

228 E 82nd St, Indianapolis, IN 46240

$249,900

2 beds2.5 baths1,532 sq ft

9545 Longwell Dr, Indianapolis, IN 46240

$209,900

2 beds1 bath1,084 sq ft

1816 Randall Ct, Indianapolis, IN 46240

$255,000

3 beds1 bath1,127 sq ft

1905 E 75th St, Indianapolis, IN 46240

New listings for sale in 46240

$190,000

2 beds1.5 baths1,060 sq ft

1025 Helen Dr, Indianapolis, IN 46240

$1,395,000

2 beds2 baths2,620 sq ft

3778 E 79th St, Indianapolis, IN 46240

$1,250,000

3 beds2.5 baths2,617 sq ft

3264 Bay Road South Dr, Indianapolis, IN 46240

3D WALKTHROUGH

$425,000

5 beds2.5 baths2,422 sq ft

7345 N Tuxedo St, Indianapolis, IN 46240

$865,000

5 beds3.5 baths5,037 sq ft

1501 E 80th St, Indianapolis, IN 46240

$249,900

2 beds2.5 baths1,532 sq ft

9545 Longwell Dr, Indianapolis, IN 46240

$630,000

4 beds2.5 baths4,616 sq ft

9235 Crystal Riv, Indianapolis, IN 46240

Home values near 8623 Cholla Rd

Data from public records.

Address	Redfin Estimate
8645 Cholla Rd, Indianapolis, IN 4 Beds \| 2 Baths \| 2997 Sq. Ft.	$417,851
8629 Cholla Rd, Indianapolis, IN 4 Beds \| 1.5 Baths \| 2011 Sq. Ft.	$422,833

Address	Redfin Estimate
8652 Cholla Rd, Indianapolis, IN 3 Beds \| - Baths \| 1911 Sq. Ft.	$388,785
8641 Cholla Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 3060 Sq. Ft.	$424,222

Address	Redfin Estimate
8632 Cholla Rd, Indianapolis, IN 3 Beds \| 2 Baths \| 3348 Sq. Ft.	$482,023
8635 Cholla Rd, Indianapolis, IN 4 Beds \| 2.5 Baths \| 3474 Sq. Ft.	$481,171

More real estate resources

Zip Codes
Cities
Neighborhoods
Minor Civil Divisions
Popular Searches

46250 homes for sale
46256 homes for sale
46217 homes for sale
46237 homes for sale
46220 homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Franklin Township homes for sale
Pike Township homes for sale
Washington Township homes for sale
Center Township homes for sale
Perry Township homes for sale

Houses for rent in Indianapolis	Agents near me	Munster, IN homes for sale	Indianapolis Housing Market
Houses for sale near me	Indianapolis, IN homes for sale	Zionsville, IN homes for sale
Land for sale near me	Carmel, IN homes for sale	Westfield, IN homes for sale
Open Houses near me	Fishers, IN homes for sale	Indianapolis Property Records
Condos for sale near me	Hammond, IN homes for sale	IN New Listings

Fishers homes for sale
Zionsville homes for sale
Carmel homes for sale