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8450 Franklin Rd

Indianapolis, IN 46259

3 bd 3 ba 1,755 sqft Built 1962 Lot 44,867 sqft single_family
Most recent sale
$331,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2022 Sold $331,000 Public Record
Jul 15, 2022 Listed $300,000 MLS #21870428
Jul 6, 2018 Sold $233,937 Public Record
Apr 4, 2018 Listed $205,000 MLS #21556031
Sep 30, 2013 Sold $114,900 Public Record
Jul 29, 2013 Price changed $114,900 MLS #21240778
Jun 24, 2013 Listed $129,900 MLS #21240778
Mar 8, 2013 Relisted $126,900 MLS #21156218
Feb 13, 2012 Price changed $144,900 MLS #21156218
Jan 13, 2012 Listed $149,900 MLS #21156218
Sep 21, 2011 Listed $150,000 MLS #21143019

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $309,100 $30,200 $339,300 $3,265
2024 $294,500 $30,200 $324,700 $3,415
2023 $255,700 $30,200 $285,900 $3,214
2022 $189,400 $30,200 $219,600 $2,845
2021 $189,400 $30,200 $219,600 $2,563
2020 $170,900 $30,200 $201,100 $2,382
2019 $172,900 $25,200 $198,100 $2,354
2018 $114,400 $25,200 $139,600 $1,769
2017 $98,300 $25,200 $123,500 $2,704
2016 $98,500 $25,200 $123,700 $2,715
2015 $91,800 $25,200 $117,000 $2,450
2014 $91,100 $25,200 $116,300 $2,440
2013 $91,100 $25,200 $116,300 $1,391
2012 $97,100 $25,200 $122,300 $1,489
2011 $101,900 $25,200 $127,100 $1,599
2010 $101,900 $25,200 $127,100 $1,690
2008 $108,800 $25,200 $134,000 $2,001

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,755 sqft
Lot size
44,867 sqft
ZIP code
46259
City
Indianapolis
Street
Franklin Rd
Coordinates
39.64499, -86.02015

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,633
Gross rental yield
9.55%
Implied cap rate
6.20%
Trend-extrapolated value

Frequently asked questions

When did 8450 Franklin Rd last sell?
8450 Franklin Rd most recently sold on Aug 19, 2022 for $331,000.
What is the current tax assessment for 8450 Franklin Rd?
The most recent total assessment for 8450 Franklin Rd (year 2025) is $339,300 with $3,265 in property tax.
How does 8450 Franklin Rd's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $331,000.
When was 8450 Franklin Rd built?
8450 Franklin Rd was built in 1962.
How does 8450 Franklin Rd compare to others on Franklin Rd?
We track 8 other properties on Franklin Rd. Browse the list under "Other properties on Franklin Rd" to compare beds, baths, and sale history.
What are the property facts for 8450 Franklin Rd?
8450 Franklin Rd is a 3 bed, 3 bath, 1,755 sqft, 44,867 sqft lot single_family.
Is 8450 Franklin Rd a flip candidate?
No — 8450 Franklin Rd does not appear in our flips dataset.
Is 8450 Franklin Rd a tax-appeal candidate?
No — 8450 Franklin Rd 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
+2.5%
Implied 1-yr
+10.0%
2026 Q2
$500.9K
2026 Q3
$511.7K
ZIP 46259 — Median Price History + Forecast

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