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8229 42nd Pl

Indianapolis, IN 46226

3 bd 2 ba 1,200 sqft Built 1962 Lot 9,365 sqft single_family
Most recent sale
$137,343
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $137,343 Public Record
Aug 12, 2022 Listed $149,900 MLS #21875584
May 9, 2019 Sold $71,519 Public Record
Jan 15, 2019 Listed $79,900 MLS #21614690

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $199,600 $10,900 $210,500 $5,039
2024 $108,100 $10,900 $119,000 $2,913
2023 $109,300 $10,900 $120,200 $2,938
2022 $60,700 $10,900 $71,600 $1,906
2021 $60,700 $10,900 $71,600 $1,735
2020 $60,600 $5,300 $65,900 $1,608
2019 $45,400 $5,300 $50,700 $1,278
2018 $43,000 $5,300 $48,300 $1,229
2017 $43,300 $5,300 $48,600 $1,109
2016 $41,900 $5,300 $47,200 $1,056
2015 $41,000 $5,300 $46,300 $1,020
2014 $44,800 $5,300 $50,100 $1,083
2013 $58,200 $5,300 $63,500 $1,320
2012 $62,200 $5,300 $67,500 $1,514
2011 $53,500 $11,400 $64,900 $1,349
2010 $53,500 $11,400 $64,900 $1,383
2008 $53,500 $11,400 $64,900 $1,979
2006 $52,300 $11,400 $63,700 $1,292

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
9,365 sqft
ZIP code
46226
City
Indianapolis
Street
42nd Pl
Coordinates
39.83389, -86.02246

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$824
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8229 42nd Pl last sell?
8229 42nd Pl most recently sold on Oct 13, 2022 for $137,343.
What is the current tax assessment for 8229 42nd Pl?
The most recent total assessment for 8229 42nd Pl (year 2025) is $210,500 with $5,039 in property tax.
How does 8229 42nd Pl's assessment compare to its last sale price?
The current assessment is 53.3% above the last sale price of $137,343.
When was 8229 42nd Pl built?
8229 42nd Pl was built in 1962.
How does 8229 42nd Pl compare to others on 42nd Pl?
We track 3 other properties on 42nd Pl. Browse the list under "Other properties on 42nd Pl" to compare beds, baths, and sale history.
What are the property facts for 8229 42nd Pl?
8229 42nd Pl is a 3 bed, 2 bath, 1,200 sqft, 9,365 sqft lot single_family.
Is 8229 42nd Pl a flip candidate?
No — 8229 42nd Pl does not appear in our flips dataset.
Is 8229 42nd Pl a tax-appeal candidate?
Yes — 8229 42nd Pl appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.9%
2026 Q2
$157K
2026 Q3
$144.6K
ZIP 46226 — Median Price History + Forecast

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