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7338 Chester Ave

Indianapolis, IN 46240

5 bd 3 ba 3,812 sqft Built 1960 Lot 22,442 sqft single_family
Most recent sale
$481,500
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 27, 2022 Sold $481,500 Public Record
Jun 1, 2022 Sold $481,500 MIBOR
May 6, 2022 Listed $450,000 MLS #21853695

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $409,800 $63,000 $472,800 $6,156
2024 $374,600 $63,000 $437,600 $6,107
2023 $357,500 $63,000 $420,500 $5,738
2022 $340,800 $30,800 $371,600 $6,282
2021 $340,800 $30,800 $371,600 $5,209
2020 $340,800 $30,800 $371,600 $4,909
2019 $315,600 $30,800 $346,400 $4,282
2018 $301,200 $30,800 $332,000 $4,004
2017 $292,500 $30,800 $323,300 $3,848
2016 $276,500 $30,800 $307,300 $3,406
2015 $294,300 $30,800 $325,100 $3,402
2014 $304,700 $30,800 $335,500 $3,510
2013 $310,400 $30,800 $341,200 $3,570
2012 $290,100 $30,800 $320,900 $3,356
2011 $266,300 $40,700 $307,000 $3,092
2010 $266,300 $40,700 $307,000 $2,674
2008 $246,000 $40,700 $286,700 $2,302
2006 $245,900 $41,100 $287,000 $3,035

Property facts

Year built
1960
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
3,812 sqft
Lot size
22,442 sqft
ZIP code
46240
City
Indianapolis
Street
Chester Ave
Coordinates
39.88790, -86.10159

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,718
Gross rental yield
14.25%
Implied cap rate
9.26%
Trend-extrapolated value

Frequently asked questions

When did 7338 Chester Ave last sell?
7338 Chester Ave most recently sold on Jun 27, 2022 for $481,500.
What is the current tax assessment for 7338 Chester Ave?
The most recent total assessment for 7338 Chester Ave (year 2025) is $472,800 with $6,156 in property tax.
How does 7338 Chester Ave's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $481,500.
When was 7338 Chester Ave built?
7338 Chester Ave was built in 1960.
How does 7338 Chester Ave compare to others on Chester Ave?
We track 8 other properties on Chester Ave. Browse the list under "Other properties on Chester Ave" to compare beds, baths, and sale history.
What are the property facts for 7338 Chester Ave?
7338 Chester Ave is a 5 bed, 3 bath, 3,812 sqft, 22,442 sqft lot single_family.
Is 7338 Chester Ave a flip candidate?
No — 7338 Chester Ave does not appear in our flips dataset.
Is 7338 Chester Ave a tax-appeal candidate?
No — 7338 Chester Ave 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
+1.8%
Implied 1-yr
+7.0%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 46240 — Median Price History + Forecast

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