8607 Franklin Rd
Indianapolis, IN 46259
3 bd 2 ba 1,515 sqft Built 1982 Lot 21,998 sqft single_family
Most recent sale
$150,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $150,000 | Public Record |
| Sep 26, 2022 | Sold | $270,000 | MIBOR |
| Aug 25, 2022 | Listed | $270,000 | MLS #21879790 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $252,200 | $22,700 | $274,900 | $2,605 |
| 2024 | $221,300 | $22,700 | $244,000 | $2,568 |
| 2023 | $218,500 | $22,700 | $241,200 | $2,537 |
| 2022 | $162,400 | $22,700 | $185,100 | $2,238 |
| 2021 | $162,400 | $22,700 | $185,100 | $1,659 |
| 2020 | $146,400 | $22,700 | $169,100 | $1,627 |
| 2019 | $132,300 | $18,900 | $151,200 | $1,594 |
| 2018 | $126,300 | $18,900 | $145,200 | $1,562 |
| 2017 | $123,200 | $18,900 | $142,100 | $1,528 |
| 2016 | $112,000 | $18,900 | $130,900 | $1,413 |
| 2015 | $99,700 | $18,800 | $118,500 | $1,185 |
| 2014 | $98,100 | $18,800 | $116,900 | $1,169 |
| 2013 | $98,100 | $18,800 | $116,900 | $1,169 |
| 2012 | $99,500 | $18,800 | $118,300 | $1,183 |
| 2011 | $98,300 | $18,800 | $117,100 | $1,181 |
| 2010 | $99,300 | $18,800 | $118,100 | $1,181 |
| 2008 | $99,300 | $18,800 | $118,100 | $1,521 |
| 2006 | $111,800 | $18,800 | $130,600 | $1,930 |
Property facts
Year built
1982
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,515 sqft
Lot size
21,998 sqft
ZIP code
46259
City
Indianapolis
Street
Franklin Rd
Coordinates
39.64324, -86.01975
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8607 Franklin Rd last sell?
8607 Franklin Rd most recently sold on Sep 30, 2022 for $150,000.
What is the current tax assessment for 8607 Franklin Rd?
The most recent total assessment for 8607 Franklin Rd (year 2025) is $274,900 with $2,605 in property tax.
How does 8607 Franklin Rd's assessment compare to its last sale price?
The current assessment is 83.3% above the last sale price of $150,000.
When was 8607 Franklin Rd built?
8607 Franklin Rd was built in 1982.
How does 8607 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 8607 Franklin Rd?
8607 Franklin Rd is a 3 bed, 2 bath, 1,515 sqft, 21,998 sqft lot single_family.
Is 8607 Franklin Rd a flip candidate?
No — 8607 Franklin Rd does not appear in our flips dataset.
Is 8607 Franklin Rd a tax-appeal candidate?
Yes — 8607 Franklin Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q2
$500.9K
2026 Q3
$511.7K
ZIP 46259 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin Rd