HousingHandbookReference data

U.S. ZIP Code · IN46149

Hendricks County · Indianapolis-Carmel-Greenwood, IN

Typical home value

$353,323[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+2.0%
5-year / yr
+5.7%
10-year / yr
+7.0%

Relative price

vs U.S.
+24.4%
vs metro
+22.4%
vs state
+52.7%
ZIP 46149 location in IN
Location of ZIP 46149 in IN

Price history

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

The typical home in 46149 is worth $353,323 — 22.4% above the Indianapolis-Carmel-Greenwood, IN median. Over the past year, values have risen 2.0%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$3,384[3]

#Climate risk

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

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
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 High

#Who lives here

Population
1,952[3]
Median household income
$88,750[3]

#Migration

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

Net migration
+338[5]
Moved in
6,693
Moved out
6,355

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
2
Elementary
0
Middle
1
High
1
  • Tri-West Senior High School

    High · Grades 9–12 · North West Hendricks Schools

    608 students

  • Tri-West Middle School

    Middle · Grades 6–8 · North West Hendricks Schools

    446 students

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$1,787
Loan principal$282,659
Down payment$70,665
Total interest paid$360,516

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$2,364
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
40th percentile[1]
Rental yield
[2]
Property tax
92nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 46149?
The typical home in 46149 is worth $353,323, based on the Zillow Home Value Index.
Are home values rising in 46149?
Home values in 46149 are up 2.0% over the past year, and up 5.7% a year over five years.
What is the property tax rate in 46149?
The effective property tax rate in 46149 is 1.0% — roughly $3,384 a year on a typical home.
Who lives in 46149?
ZIP code 46149 has a population of 1,952 and a median household income of $88,750.

#Comparable ZIPs

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

  • Avon, IN

    Typical home
    $353,239
    Gross yield
    6.5%
  • Indianapolis city (balance), IN

    Typical home
    $351,449
    Gross yield
    4.9%
  • North Salem, IN

    Typical home
    $351,258
    Gross yield
  • Danville, IN

    Typical home
    $348,821
    Gross yield
  • Jamestown, IN

    Typical home
    $348,665
    Gross yield
  • Noblesville, IN

    Typical home
    $358,654
    Gross yield
    5.9%

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