HousingHandbookReference data

U.S. ZIP Code · IN46130

Shelby County · Indianapolis-Carmel-Greenwood, IN

Typical home value

$319,153[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.6%
5-year / yr
+6.0%
10-year / yr
+7.2%

Relative price

vs U.S.
+12.4%
vs metro
+10.6%
vs state
+37.9%
ZIP 46130 location in IN
Location of ZIP 46130 in IN

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 46130 is worth $319,153 — 10.6% above the Indianapolis-Carmel-Greenwood, IN median. Over the past year, values have risen 1.6%. The effective property tax rate is 0.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.6%[3]
Typical annual tax
$1,978[3]

#Climate risk

FEMA National Risk Index ratings for Shelby County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Low
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Low

#Who lives here

Population
2,455[3]
Median household income
$124,427[3]

#Migration

Household moves in and out of Shelby County over a year, from IRS tax-return data.

Net migration
-3[5]
Moved in
1,246
Moved out
1,249

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,614
Loan principal$255,322
Down payment$63,831
Total interest paid$325,650

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,045
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
54th percentile[1]
Rental yield
[2]
Property tax
21st percentile[3]

Frequently asked

How much is a home worth in ZIP code 46130?
The typical home in 46130 is worth $319,153, based on the Zillow Home Value Index.
Are home values rising in 46130?
Home values in 46130 are up 1.6% over the past year, and up 6.0% a year over five years.
What is the property tax rate in 46130?
The effective property tax rate in 46130 is 0.6% — roughly $1,978 a year on a typical home.
Who lives in 46130?
ZIP code 46130 has a population of 2,455 and a median household income of $124,427.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Greenwood, IN

    Typical home
    $318,657
    Gross yield
    5.5%
  • Thorntown, IN

    Typical home
    $320,118
    Gross yield
  • Heritage Lake CDP, IN

    Typical home
    $323,584
    Gross yield
  • Mooresville, IN

    Typical home
    $314,126
    Gross yield
  • Atlanta, IN

    Typical home
    $324,237
    Gross yield
  • IN

    Typical home
    $312,870
    Gross yield

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