8551 Bishops Ln
Indianapolis, IN 46217
3 bd 2 ba 1,410 sqft Built 1970 Lot 16,988 sqft single_family
Most recent sale
$265,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $265,000 | Public Record |
| Apr 26, 2022 | Sold | $265,000 | MIBOR |
| Mar 23, 2022 | Listed | $249,900 | MLS #21844399 |
| Mar 28, 2013 | Sold | $121,979 | Public Record |
| Jan 23, 2013 | Listing removed | $127,900 | MIBOR |
| Oct 26, 2012 | Listed | $127,900 | MLS #21202759 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $188,500 | $36,600 | $225,100 | $1,827 |
| 2024 | $188,400 | $36,600 | $225,000 | $2,079 |
| 2023 | $175,300 | $36,600 | $211,900 | $2,119 |
| 2022 | $128,100 | $36,600 | $164,700 | $2,590 |
| 2021 | $128,100 | $36,600 | $164,700 | $2,213 |
| 2020 | $123,100 | $36,600 | $159,700 | $2,153 |
| 2019 | $105,600 | $31,600 | $137,200 | $1,846 |
| 2018 | $104,800 | $31,600 | $136,400 | $1,816 |
| 2017 | $104,300 | $31,600 | $135,900 | $1,809 |
| 2016 | $97,400 | $31,600 | $129,000 | $1,713 |
| 2015 | $100,400 | $31,600 | $132,000 | $1,613 |
| 2014 | $95,000 | $31,600 | $126,600 | $1,486 |
| 2013 | $93,200 | $31,600 | $124,800 | $1,453 |
| 2012 | $91,300 | $31,600 | $122,900 | $1,396 |
| 2011 | $88,300 | $31,600 | $119,900 | $1,228 |
| 2010 | $93,200 | $31,600 | $124,800 | $918 |
| 2008 | $96,400 | $31,600 | $128,000 | $1,153 |
| 2006 | $96,500 | $31,600 | $128,100 | $1,423 |
Property facts
Year built
1970
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,410 sqft
Lot size
16,988 sqft
ZIP code
46217
City
Indianapolis
Street
Bishops Ln
Coordinates
39.64094, -86.17159
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,115
Gross rental yield
9.58%
Implied cap rate
6.23%
Trend-extrapolated value
—
Frequently asked questions
When did 8551 Bishops Ln last sell?
8551 Bishops Ln most recently sold on May 6, 2022 for $265,000.
What is the current tax assessment for 8551 Bishops Ln?
The most recent total assessment for 8551 Bishops Ln (year 2025) is $225,100 with $1,827 in property tax.
How does 8551 Bishops Ln's assessment compare to its last sale price?
The current assessment is 15.1% below the last sale price of $265,000.
When was 8551 Bishops Ln built?
8551 Bishops Ln was built in 1970.
How does 8551 Bishops Ln compare to others on Bishops Ln?
We track 8 other properties on Bishops Ln. Browse the list under "Other properties on Bishops Ln" to compare beds, baths, and sale history.
What are the property facts for 8551 Bishops Ln?
8551 Bishops Ln is a 3 bed, 2 bath, 1,410 sqft, 16,988 sqft lot single_family.
Is 8551 Bishops Ln a flip candidate?
No — 8551 Bishops Ln does not appear in our flips dataset.
Is 8551 Bishops Ln a tax-appeal candidate?
No — 8551 Bishops Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.0%
Implied 1-yr
+0.1%
2026 Q3
$254.3K
2026 Q4
$254.4K
ZIP 46217 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Bishops Ln