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7850 51st St

Indianapolis, IN 46226

3 bd 2 ba 1,976 sqft Built 1957 Lot 9,104 sqft single_family
Most recent sale
$163,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $163,000 Public Record
May 27, 2022 Sold $168,000 MIBOR
Apr 25, 2022 Listed $160,000 MLS #21851076
Dec 6, 2009 Listing removed $112,900 MIBOR
Nov 8, 2009 Relisted $112,900 MLS #2946152
Nov 1, 2009 Listing removed $112,900 MIBOR
Sep 14, 2009 Listed $112,900 MLS #2946152

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $183,700 $17,600 $201,300 $2,055
2024 $158,400 $17,600 $176,000 $1,990
2023 $147,700 $17,600 $165,300 $1,860
2022 $83,000 $17,600 $100,600 $635
2021 $83,000 $17,600 $100,600 $373
2020 $79,900 $14,400 $94,300 $265
2019 $75,300 $14,400 $89,700 $167
2018 $72,700 $14,400 $87,100 $124
2017 $69,300 $14,400 $83,700 $65
2016 $64,800 $14,400 $79,200 $58
2015 $67,400 $14,400 $81,800 $1,636
2012 $73,500 $14,400 $87,900 $75
2010 $65,500 $16,700 $82,200 $135
2008 $76,300 $16,700 $93,000 $289
2006 $77,300 $16,700 $94,000 $342

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,976 sqft
Lot size
9,104 sqft
ZIP code
46226
City
Indianapolis
Street
51st St
Coordinates
39.84626, -86.03038

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$978
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7850 51st St last sell?
7850 51st St most recently sold on Jun 10, 2022 for $163,000.
What is the current tax assessment for 7850 51st St?
The most recent total assessment for 7850 51st St (year 2025) is $201,300 with $2,055 in property tax.
How does 7850 51st St's assessment compare to its last sale price?
The current assessment is 23.5% above the last sale price of $163,000.
When was 7850 51st St built?
7850 51st St was built in 1957.
How does 7850 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 7850 51st St?
7850 51st St is a 3 bed, 2 bath, 1,976 sqft, 9,104 sqft lot single_family.
Is 7850 51st St a flip candidate?
No — 7850 51st St does not appear in our flips dataset.
Is 7850 51st St a tax-appeal candidate?
Yes — 7850 51st St 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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