5338 Cotton Bay Dr
Indianapolis, IN 46254
3 bd 2 ba 1,408 sqft Built 1993 Lot 4,792 sqft condos
Most recent sale
$167,562
Oct 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 14, 2022 | Sold | $167,562 | Public Record |
| Aug 30, 2022 | Listed | $189,900 | MLS #21880147 |
| Jun 22, 2019 | Listed | $117,500 | MLS #21648040 |
| Jun 25, 2018 | Sold | $112,500 | Public Record |
| Apr 20, 2018 | Listed | $110,000 | MLS #21559926 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $178,600 | $24,400 | $203,000 | $2,141 |
| 2024 | $150,000 | $24,400 | $174,400 | $2,023 |
| 2023 | $144,500 | $24,400 | $168,900 | $1,740 |
| 2022 | $103,200 | $24,400 | $127,600 | $1,620 |
| 2021 | $103,200 | $24,400 | $127,600 | $1,360 |
| 2020 | $87,600 | $24,400 | $112,000 | $1,165 |
| 2019 | $72,900 | $24,400 | $97,300 | $918 |
| 2018 | $65,900 | $24,400 | $90,300 | $743 |
| 2017 | $64,600 | $24,400 | $89,000 | $718 |
| 2016 | $62,800 | $24,400 | $87,200 | $688 |
| 2015 | $62,800 | $24,400 | $87,200 | $613 |
| 2014 | $58,800 | $24,400 | $83,200 | $550 |
| 2013 | $61,400 | $24,400 | $85,800 | $596 |
| 2012 | $72,900 | $24,400 | $97,300 | $717 |
| 2011 | $67,300 | $24,400 | $91,700 | $562 |
| 2010 | $67,300 | $24,400 | $91,700 | $568 |
| 2008 | $69,000 | $24,400 | $93,400 | $734 |
| 2006 | $81,600 | $24,400 | $106,000 | $1,232 |
Property facts
Year built
1993
Property type
condos
Stories
1
Beds
3
Baths
2
Living area
1,408 sqft
Lot size
4,792 sqft
ZIP code
46254
City
Indianapolis
Street
Cotton Bay Dr
Coordinates
39.84786, -86.27504
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
$1,005
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5338 Cotton Bay Dr last sell?
5338 Cotton Bay Dr most recently sold on Oct 14, 2022 for $167,562.
What is the current tax assessment for 5338 Cotton Bay Dr?
The most recent total assessment for 5338 Cotton Bay Dr (year 2025) is $203,000 with $2,141 in property tax.
How does 5338 Cotton Bay Dr's assessment compare to its last sale price?
The current assessment is 21.1% above the last sale price of $167,562.
When was 5338 Cotton Bay Dr built?
5338 Cotton Bay Dr was built in 1993.
How does 5338 Cotton Bay Dr compare to others on Cotton Bay Dr?
We track 8 other properties on Cotton Bay Dr. Browse the list under "Other properties on Cotton Bay Dr" to compare beds, baths, and sale history.
What are the property facts for 5338 Cotton Bay Dr?
5338 Cotton Bay Dr is a 3 bed, 2 bath, 1,408 sqft, 4,792 sqft lot condos.
Is 5338 Cotton Bay Dr a flip candidate?
No — 5338 Cotton Bay Dr does not appear in our flips dataset.
Is 5338 Cotton Bay Dr a tax-appeal candidate?
Yes — 5338 Cotton Bay Dr 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
-4.3%
Implied 1-yr
-17.1%
2026 Q3
$181.9K
2026 Q4
$181.9K
ZIP 46254 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cotton Bay Dr