1511 81st St
Indianapolis, IN 46240
4 bd 3 ba 3,385 sqft Built 1941 Lot 15,520 sqft single_family
Most recent sale
$346,000
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $346,000 | Public Record |
| Jul 25, 2022 | Sold | $346,000 | MIBOR |
| Jun 16, 2022 | Listed | $350,000 | MLS #21864181 |
| Apr 14, 2016 | Sold | $177,375 | Public Record |
| Apr 13, 2016 | Listing removed | $199,999 | MIBOR |
| Nov 11, 2015 | Price changed | $199,999 | MLS #21377865 |
| Sep 22, 2015 | Listed | $210,000 | MLS #21377865 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $422,300 | $49,800 | $472,100 | $6,127 |
| 2024 | $376,800 | $49,800 | $426,600 | $5,933 |
| 2023 | $315,300 | $49,800 | $365,100 | $4,890 |
| 2022 | $216,300 | $27,600 | $243,900 | $4,330 |
| 2021 | $216,300 | $27,600 | $243,900 | $3,363 |
| 2020 | $205,600 | $27,600 | $233,200 | $3,043 |
| 2019 | $195,900 | $27,600 | $223,500 | $2,745 |
| 2018 | $189,500 | $27,600 | $217,100 | $2,607 |
| 2017 | $194,300 | $27,600 | $221,900 | $2,630 |
| 2016 | $190,100 | $27,600 | $217,700 | $2,417 |
| 2015 | $194,500 | $27,600 | $222,100 | $2,239 |
| 2014 | $178,000 | $27,600 | $205,600 | $2,011 |
| 2013 | $142,200 | $27,600 | $169,800 | $1,646 |
| 2012 | $157,200 | $27,600 | $184,800 | $1,702 |
| 2011 | $156,000 | $24,300 | $180,300 | $1,558 |
| 2010 | $157,600 | $24,300 | $181,900 | $1,408 |
| 2008 | $162,600 | $24,300 | $186,900 | $1,347 |
| 2006 | $160,000 | $24,600 | $184,600 | $1,648 |
Property facts
Year built
1941
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,385 sqft
Lot size
15,520 sqft
ZIP code
46240
City
Indianapolis
Street
81st St
Coordinates
39.90257, -86.13412
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
$2,076
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1511 81st St last sell?
1511 81st St most recently sold on Aug 17, 2022 for $346,000.
What is the current tax assessment for 1511 81st St?
The most recent total assessment for 1511 81st St (year 2025) is $472,100 with $6,127 in property tax.
How does 1511 81st St's assessment compare to its last sale price?
The current assessment is 36.4% above the last sale price of $346,000.
When was 1511 81st St built?
1511 81st St was built in 1941.
How does 1511 81st St compare to others on 81st St?
We track 8 other properties on 81st St. Browse the list under "Other properties on 81st St" to compare beds, baths, and sale history.
What are the property facts for 1511 81st St?
1511 81st St is a 4 bed, 3 bath, 3,385 sqft, 15,520 sqft lot single_family.
Is 1511 81st St a flip candidate?
No — 1511 81st St does not appear in our flips dataset.
Is 1511 81st St a tax-appeal candidate?
Yes — 1511 81st 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 valuationQuarterly trend
+1.8%
Implied 1-yr
+7.0%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 46240 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 81st St