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3331 Falcon Dr

Indianapolis, IN 46222

4 bd 1 ba 925 sqft Built 1961 Lot 8,712 sqft single_family
Most recent sale
$139,900
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $139,900 Public Record
May 27, 2022 Sold $139,900 MIBOR
Apr 1, 2022 Listed $139,900 MLS #21845784
Oct 26, 2005 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $127,400 $5,600 $133,000 $1,351
2024 $64,500 $5,600 $70,100 $565
2023 $64,500 $5,600 $70,100 $544
2022 $51,000 $5,600 $56,600 $422
2021 $51,000 $5,600 $56,600 $424
2020 $50,500 $5,600 $56,100 $417
2019 $47,300 $5,600 $52,900 $396
2018 $44,600 $5,600 $50,200 $383
2017 $44,200 $5,600 $49,800 $353
2016 $43,100 $5,600 $48,700 $327
2015 $44,300 $5,600 $49,900 $306
2014 $43,400 $5,600 $49,000 $286
2013 $45,400 $5,600 $51,000 $302
2012 $48,200 $5,600 $53,800 $369
2011 $53,000 $8,900 $61,900 $416
2010 $53,000 $8,900 $61,900 $387
2008 $53,900 $8,900 $62,800 $433
2006 $59,900 $8,900 $68,800 $485

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
925 sqft
Lot size
8,712 sqft
ZIP code
46222
City
Indianapolis
Street
Falcon Dr
Coordinates
39.81610, -86.23199

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,388
Gross rental yield
11.91%
Implied cap rate
7.74%
Trend-extrapolated value

Frequently asked questions

When did 3331 Falcon Dr last sell?
3331 Falcon Dr most recently sold on Jun 6, 2022 for $139,900.
What is the current tax assessment for 3331 Falcon Dr?
The most recent total assessment for 3331 Falcon Dr (year 2025) is $133,000 with $1,351 in property tax.
How does 3331 Falcon Dr's assessment compare to its last sale price?
The current assessment is 4.9% below the last sale price of $139,900.
When was 3331 Falcon Dr built?
3331 Falcon Dr was built in 1961.
How does 3331 Falcon Dr compare to others on Falcon Dr?
We track 8 other properties on Falcon Dr. Browse the list under "Other properties on Falcon Dr" to compare beds, baths, and sale history.
What are the property facts for 3331 Falcon Dr?
3331 Falcon Dr is a 4 bed, 1 bath, 925 sqft, 8,712 sqft lot single_family.
Is 3331 Falcon Dr a flip candidate?
No — 3331 Falcon Dr does not appear in our flips dataset.
Is 3331 Falcon Dr a tax-appeal candidate?
No — 3331 Falcon 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
+1.2%
Implied 1-yr
+4.7%
2026 Q3
$236.3K
2026 Q4
$236.3K
ZIP 46222 — Median Price History + Forecast

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