5231 Falcon Ln
Indianapolis, IN 46224
3 bd — ba 957 sqft Built 1959 Lot 7,013 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $157,400 | $8,300 | $165,700 | $1,836 |
| 2024 | $122,900 | $8,300 | $131,200 | $1,502 |
| 2023 | $116,600 | $8,300 | $124,900 | $1,333 |
| 2022 | $79,400 | $8,300 | $87,700 | $1,434 |
| 2021 | $79,400 | $8,300 | $87,700 | $885 |
| 2020 | $71,400 | $8,300 | $79,700 | $730 |
| 2019 | $67,500 | $8,300 | $75,800 | $665 |
| 2018 | $48,600 | $8,300 | $56,900 | $523 |
| 2017 | $45,400 | $8,300 | $53,700 | $1,217 |
| 2016 | $45,800 | $8,300 | $54,100 | $1,199 |
| 2015 | $45,000 | $8,300 | $53,300 | $1,174 |
| 2014 | $44,000 | $8,300 | $52,300 | $1,131 |
| 2013 | $43,200 | $8,300 | $51,500 | $1,071 |
| 2012 | $46,500 | $8,300 | $54,800 | $1,230 |
| 2011 | $47,900 | $8,000 | $55,900 | $77 |
| 2010 | $49,700 | $8,000 | $57,700 | $88 |
| 2008 | $52,400 | $8,000 | $60,400 | $273 |
| 2006 | $54,300 | $8,000 | $62,300 | $284 |
Property facts
Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
—
Living area
957 sqft
Lot size
7,013 sqft
ZIP code
46224
City
Indianapolis
Street
Falcon Ln
Coordinates
39.82225, -86.24989
Comparable properties nearby
Frequently asked questions
When did 5231 Falcon Ln last sell?
No public-record sale is on file for 5231 Falcon Ln.
What is the current tax assessment for 5231 Falcon Ln?
The most recent total assessment for 5231 Falcon Ln (year 2025) is $165,700 with $1,836 in property tax.
When was 5231 Falcon Ln built?
5231 Falcon Ln was built in 1959.
How does 5231 Falcon Ln compare to others on Falcon Ln?
We track 8 other properties on Falcon Ln. Browse the list under "Other properties on Falcon Ln" to compare beds, baths, and sale history.
What are the property facts for 5231 Falcon Ln?
5231 Falcon Ln is a 3 bed, — bath, 957 sqft, 7,013 sqft lot single_family.
Is 5231 Falcon Ln a flip candidate?
No — 5231 Falcon Ln does not appear in our flips dataset.
Is 5231 Falcon Ln a tax-appeal candidate?
No — 5231 Falcon Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q1
$279.8K
2026 Q2
$282.9K
ZIP 46224 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Falcon Ln