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206 51st St

Indianapolis, IN 46205

3 bd 3 ba 1,966 sqft Built 1924 Lot 5,663 sqft single_family
Most recent sale
$572,200
Apr 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 29, 2026 Sold $577,500 MIBOR
Feb 10, 2026 Price changed $594,000 MIBOR
Nov 5, 2025 Price changed $599,000 MIBOR
Sep 11, 2025 Price changed $625,000 MIBOR
Aug 19, 2025 Price changed $635,000 MIBOR
Aug 7, 2025 Price changed $645,000 MIBOR
Jul 18, 2025 Listed $650,000 MIBOR
Apr 29, 2022 Sold $572,200 Public Record
Apr 25, 2022 Sold $572,200 MIBOR
Mar 11, 2022 Price changed $585,000 MLS #21839380
Mar 3, 2022 Listed $599,000 MLS #21839380
Nov 7, 2019 Sold $365,000 Public Record
Oct 30, 2019 Sold $365,000 MIBOR
Nov 18, 2009 Sold $225,000 Public Record
Oct 23, 2009 Listing removed $225,000 MIBOR
Sep 20, 2009 Listing removed $234,900 MIBOR
Sep 16, 2009 Listed $225,000 MLS #2946706
Sep 13, 2009 Price changed $234,900 MLS #2915839
Apr 1, 2009 Listed $245,000 MLS #2915839

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $546,100 $63,100 $609,200 $7,159
2024 $512,900 $63,100 $576,000 $7,099
2023 $522,500 $63,100 $585,600 $7,162
2022 $319,700 $31,400 $351,100 $4,942
2021 $319,700 $31,400 $351,100 $4,214
2020 $335,600 $31,400 $367,000 $4,420
2019 $328,200 $31,400 $359,600 $4,419
2018 $308,400 $31,400 $339,800 $4,226
2017 $276,400 $31,400 $307,800 $3,388
2016 $269,500 $31,400 $300,900 $3,236
2015 $262,500 $31,400 $293,900 $3,261
2014 $238,300 $31,400 $269,700 $2,930
2013 $249,100 $31,400 $280,500 $2,929
2012 $220,300 $31,400 $251,700 $3,252
2011 $203,300 $23,500 $226,800 $2,652
2010 $203,300 $23,500 $226,800 $2,764
2008 $194,500 $23,500 $218,000 $2,629
2006 $190,600 $23,500 $214,100 $2,826

Property facts

Year built
1924
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,966 sqft
Lot size
5,663 sqft
ZIP code
46205
City
Indianapolis
Street
51st St
Coordinates
39.84517, -86.15344

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,949
Gross rental yield
6.18%
Implied cap rate
4.02%
Trend-extrapolated value

Frequently asked questions

When did 206 51st St last sell?
206 51st St most recently sold on Apr 29, 2022 for $572,200.
What is the current tax assessment for 206 51st St?
The most recent total assessment for 206 51st St (year 2025) is $609,200 with $7,159 in property tax.
How does 206 51st St's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $572,200.
When was 206 51st St built?
206 51st St was built in 1924.
How does 206 51st St compare to others on 51st St?
We track 8 other properties on 51st St. Browse the list under "Other properties on 51st St" to compare beds, baths, and sale history.
What are the property facts for 206 51st St?
206 51st St is a 3 bed, 3 bath, 1,966 sqft, 5,663 sqft lot single_family.
Is 206 51st St a flip candidate?
No — 206 51st St does not appear in our flips dataset.
Is 206 51st St a tax-appeal candidate?
No — 206 51st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$406.4K
2026 Q4
$416.7K
ZIP 46205 — Median Price History + Forecast

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