40 48th St
Indianapolis, IN 46208
3 bd 2 ba 2,770 sqft Built 1920 Lot 9,148 sqft single_family
Most recent sale
$382,500
Jul 20, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 20, 2022 | Sold | $382,500 | Public Record |
| Jul 11, 2022 | Sold | $341,889 | MIBOR |
| Jun 1, 2022 | Listed | $338,888 | MLS #21858781 |
| Jan 2, 2001 | Sold | $200,963 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $296,800 | $69,100 | $365,900 | $4,161 |
| 2024 | $289,400 | $69,100 | $358,500 | $4,398 |
| 2023 | $272,700 | $69,100 | $341,800 | $4,161 |
| 2022 | $220,900 | $61,100 | $282,000 | $3,541 |
| 2021 | $220,900 | $61,100 | $282,000 | $3,376 |
| 2020 | $226,400 | $61,100 | $287,500 | $3,455 |
| 2019 | $226,400 | $61,100 | $287,500 | $3,524 |
| 2018 | $218,800 | $61,100 | $279,900 | $3,462 |
| 2017 | $215,700 | $61,100 | $276,800 | $3,031 |
| 2016 | $211,500 | $61,100 | $272,600 | $2,916 |
| 2015 | $208,300 | $61,100 | $269,400 | $2,979 |
| 2014 | $205,800 | $61,100 | $266,900 | $2,889 |
| 2013 | $193,100 | $61,100 | $254,200 | $2,643 |
| 2012 | $181,300 | $61,100 | $242,400 | $2,717 |
| 2011 | $167,300 | $30,400 | $197,700 | $2,049 |
| 2010 | $167,300 | $30,400 | $197,700 | $2,142 |
| 2008 | $172,000 | $30,400 | $202,400 | $2,321 |
| 2006 | $212,800 | $30,400 | $243,200 | $2,341 |
Property facts
Year built
1920
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,770 sqft
Lot size
9,148 sqft
ZIP code
46208
City
Indianapolis
Street
48th St
Coordinates
39.84208, -86.15805
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,155
Gross rental yield
13.04%
Implied cap rate
8.47%
Trend-extrapolated value
—
Frequently asked questions
When did 40 48th St last sell?
40 48th St most recently sold on Jul 20, 2022 for $382,500.
What is the current tax assessment for 40 48th St?
The most recent total assessment for 40 48th St (year 2025) is $365,900 with $4,161 in property tax.
How does 40 48th St's assessment compare to its last sale price?
The current assessment is 4.3% below the last sale price of $382,500.
When was 40 48th St built?
40 48th St was built in 1920.
How does 40 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 40 48th St?
40 48th St is a 3 bed, 2 bath, 2,770 sqft, 9,148 sqft lot single_family.
Is 40 48th St a flip candidate?
No — 40 48th St does not appear in our flips dataset.
Is 40 48th St a tax-appeal candidate?
No — 40 48th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.0%
Implied 1-yr
-4.0%
2026 Q3
$309.8K
2026 Q4
$306.5K
ZIP 46208 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St