5856 Echo Way
Indianapolis, IN 46278
3 bd 3 ba 2,118 sqft Built 1988 Lot 10,019 sqft single_family
Most recent sale
$255,200
Aug 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 17, 2022 | Sold | $255,200 | Public Record |
| Jul 21, 2022 | Listed | $250,000 | MLS #21870229 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $208,000 | $32,800 | $240,800 | $5,450 |
| 2024 | $188,100 | $32,800 | $220,900 | $5,037 |
| 2023 | $172,400 | $32,800 | $205,200 | $4,191 |
| 2022 | $145,600 | $17,500 | $163,100 | $2,066 |
| 2021 | $145,600 | $17,500 | $163,100 | $1,715 |
| 2020 | $129,200 | $17,500 | $146,700 | $1,549 |
| 2019 | $113,800 | $17,500 | $131,300 | $1,389 |
| 2018 | $115,900 | $17,500 | $133,400 | $1,413 |
| 2017 | $95,600 | $17,500 | $113,100 | $1,110 |
| 2016 | $91,700 | $17,500 | $109,200 | $1,047 |
| 2015 | $89,800 | $17,500 | $107,300 | $941 |
| 2014 | $84,700 | $17,500 | $102,200 | $862 |
| 2013 | $91,700 | $17,500 | $109,200 | $981 |
| 2012 | $93,300 | $17,500 | $110,800 | $920 |
| 2011 | $96,300 | $18,200 | $114,500 | $916 |
| 2010 | $100,000 | $18,200 | $118,200 | $822 |
| 2008 | $94,800 | $18,200 | $113,000 | $1,002 |
| 2006 | $102,900 | $18,200 | $121,100 | $1,204 |
Property facts
Year built
1988
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,118 sqft
Lot size
10,019 sqft
ZIP code
46278
City
Indianapolis
Street
Echo Way
Coordinates
39.87183, -86.26298
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,531
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5856 Echo Way last sell?
5856 Echo Way most recently sold on Aug 17, 2022 for $255,200.
What is the current tax assessment for 5856 Echo Way?
The most recent total assessment for 5856 Echo Way (year 2025) is $240,800 with $5,450 in property tax.
How does 5856 Echo Way's assessment compare to its last sale price?
The current assessment is 5.6% below the last sale price of $255,200.
When was 5856 Echo Way built?
5856 Echo Way was built in 1988.
How does 5856 Echo Way compare to others on Echo Way?
We track 3 other properties on Echo Way. Browse the list under "Other properties on Echo Way" to compare beds, baths, and sale history.
What are the property facts for 5856 Echo Way?
5856 Echo Way is a 3 bed, 3 bath, 2,118 sqft, 10,019 sqft lot single_family.
Is 5856 Echo Way a flip candidate?
No — 5856 Echo Way does not appear in our flips dataset.
Is 5856 Echo Way a tax-appeal candidate?
No — 5856 Echo Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.2%
Implied 1-yr
-0.6%
2026 Q3
$485.9K
2026 Q4
$485.1K
ZIP 46278 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Echo Way