5572 Drexel Ave
Indianapolis, IN 46220
3 bd 1,244 sqft Built 1955 Lot 16,562 sqft single_family
Most recent sale
$280,000
Sep 27, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 27, 2022 | Sold | $280,000 | Public Record |
| Aug 25, 2022 | Sold | $280,000 | MIBOR |
| Jul 23, 2022 | Price changed | $282,900 | MLS #21868462 |
| Jul 14, 2022 | Price changed | $284,900 | MLS #21868462 |
| Jul 9, 2022 | Price changed | $287,900 | MLS #21868462 |
| Jul 7, 2022 | Listed | $299,900 | MLS #21868462 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $215,300 | $34,500 | $249,800 | $2,889 |
| 2024 | $191,100 | $34,500 | $225,600 | $2,886 |
| 2023 | $161,700 | $34,500 | $196,200 | $2,325 |
| 2022 | $129,700 | $21,000 | $150,700 | $2,236 |
| 2021 | $129,700 | $21,000 | $150,700 | $1,847 |
| 2020 | $129,700 | $21,000 | $150,700 | $1,771 |
| 2019 | $105,000 | $21,000 | $126,000 | $1,279 |
| 2018 | $102,200 | $21,000 | $123,200 | $1,209 |
| 2017 | $108,400 | $21,000 | $129,400 | $1,283 |
| 2016 | $104,800 | $21,000 | $125,800 | $1,166 |
| 2015 | $103,000 | $21,000 | $124,000 | $965 |
| 2014 | $100,300 | $21,000 | $121,300 | $924 |
| 2013 | $100,300 | $21,000 | $121,300 | $981 |
| 2012 | $102,200 | $21,000 | $123,200 | $926 |
| 2011 | $97,100 | $21,000 | $118,100 | $807 |
| 2010 | $97,100 | $21,000 | $118,100 | $735 |
| 2008 | $100,300 | $21,000 | $121,300 | $641 |
| 2006 | $85,600 | $21,400 | $107,000 | $562 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
—
Living area
1,244 sqft
Lot size
16,562 sqft
ZIP code
46220
City
Indianapolis
Street
Drexel Ave
Coordinates
39.85433, -86.09324
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,866
Gross rental yield
8.00%
Implied cap rate
5.20%
Trend-extrapolated value
—
Frequently asked questions
When did 5572 Drexel Ave last sell?
5572 Drexel Ave most recently sold on Sep 27, 2022 for $280,000.
What is the current tax assessment for 5572 Drexel Ave?
The most recent total assessment for 5572 Drexel Ave (year 2025) is $249,800 with $2,889 in property tax.
How does 5572 Drexel Ave's assessment compare to its last sale price?
The current assessment is 10.8% below the last sale price of $280,000.
When was 5572 Drexel Ave built?
5572 Drexel Ave was built in 1955.
How does 5572 Drexel Ave compare to others on Drexel Ave?
We track 8 other properties on Drexel Ave. Browse the list under "Other properties on Drexel Ave" to compare beds, baths, and sale history.
What are the property facts for 5572 Drexel Ave?
5572 Drexel Ave is a 3 bed, 1,244 sqft, 16,562 sqft lot single_family.
Is 5572 Drexel Ave a flip candidate?
No — 5572 Drexel Ave does not appear in our flips dataset.
Is 5572 Drexel Ave a tax-appeal candidate?
No — 5572 Drexel Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$345.1K
2026 Q4
$335.8K
ZIP 46220 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Drexel Ave