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5653 Cheval Dr

Indianapolis, IN 46235

3 bd 3 ba 1,727 sqft Built 2006 Lot 4,530 sqft single_family
Most recent sale
$215,000
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 22, 2022 Sold $215,000 Public Record
Apr 19, 2022 Sold $215,000 MIBOR
Apr 6, 2022 Listed $205,000 MLS #21845715
Aug 24, 2006 Sold $124,688 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $181,000 $20,700 $201,700 $4,398
2024 $179,000 $20,700 $199,700 $4,404
2023 $166,100 $20,700 $186,800 $4,117
2022 $132,600 $20,700 $153,300 $1,922
2021 $132,600 $20,700 $153,300 $1,735
2020 $118,800 $19,100 $137,900 $1,570
2019 $113,900 $19,100 $133,000 $1,378
2018 $102,700 $19,100 $121,800 $1,248
2017 $94,700 $19,100 $113,800 $1,130
2016 $89,400 $19,100 $108,500 $1,035
2015 $88,200 $19,100 $107,300 $991
2014 $101,100 $19,100 $120,200 $1,126
2013 $101,100 $19,100 $120,200 $1,149
2012 $98,900 $19,100 $118,000 $1,140
2011 $85,000 $19,100 $104,100 $771
2008 $92,900 $19,100 $112,000 $824
2006 $10,100 $10,100 $252

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,727 sqft
Lot size
4,530 sqft
ZIP code
46235
City
Indianapolis
Street
Cheval Dr
Coordinates
39.85754, -85.96437

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,290
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5653 Cheval Dr last sell?
5653 Cheval Dr most recently sold on Apr 22, 2022 for $215,000.
What is the current tax assessment for 5653 Cheval Dr?
The most recent total assessment for 5653 Cheval Dr (year 2025) is $201,700 with $4,398 in property tax.
How does 5653 Cheval Dr's assessment compare to its last sale price?
The current assessment is 6.2% below the last sale price of $215,000.
When was 5653 Cheval Dr built?
5653 Cheval Dr was built in 2006.
How does 5653 Cheval Dr compare to others on Cheval Dr?
We track 5 other properties on Cheval Dr. Browse the list under "Other properties on Cheval Dr" to compare beds, baths, and sale history.
What are the property facts for 5653 Cheval Dr?
5653 Cheval Dr is a 3 bed, 3 bath, 1,727 sqft, 4,530 sqft lot single_family.
Is 5653 Cheval Dr a flip candidate?
No — 5653 Cheval Dr does not appear in our flips dataset.
Is 5653 Cheval Dr a tax-appeal candidate?
No — 5653 Cheval Dr 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
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$260.4K
2026 Q4
$264.8K
ZIP 46235 — Median Price History + Forecast

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