NOT LISTED FOR SALE

4040 Ridgeway Dr Indianapolis, IN 46221

Mars Hill Neighborhood

Estimated Value: $205,283 - $221,000

3 Beds
2 Baths
3,176 Sq Ft
$67/Sq Ft Est. Value

About This Home

This home is located at 4040 Ridgeway Dr, Indianapolis, IN 46221 and is currently estimated at $211,821, approximately $66 per square foot. 4040 Ridgeway Dr is a home located in Marion County with nearby schools including Stephen Decatur Elementary School, Decatur Middle School, and Decatur Central High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2025
Sold by
Smith Sherrie T
Bought by
Smith Jacob and Smith Aleah K
Current Estimated Value
$211,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Outstanding Balance
$124,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$87,821
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Jacob -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jacob $124,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,022 $175,500 $14,400 $161,100
2024 $3,364 $180,000 $14,400 $165,600
2023 $3,364 $145,800 $14,400 $131,400
2022 $3,175 $137,500 $14,400 $123,100
2021 $2,778 $117,200 $14,400 $102,800
2020 $2,442 $107,700 $14,400 $93,300
2019 $2,022 $84,400 $14,400 $70,000
2018 $863 $82,700 $14,400 $68,300
2017 $852 $82,400 $14,400 $68,000
2016 $781 $79,800 $14,400 $65,400
2014 $644 $73,600 $14,400 $59,200
2013 $653 $73,600 $14,400 $59,200
Source: Public Records

Map

Indiana Marion County Indianapolis 46221 Mars Hill

4040 Ridgeway Dr, Indianapolis, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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