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6127 Franklin Villas Way

Indianapolis, IN 46237

3 bd 2 ba 1,753 sqft Built 2007 Lot 4,792 sqft single_family
Most recent sale
$296,875
Jan 25, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 25, 2023 Sold $296,875 Public Record
Jan 17, 2023 Sold $250,000 MIBOR
Jan 17, 2023 Listing removed $259,000 MIBOR
Oct 19, 2022 Price changed $259,000 MIBOR
Oct 12, 2022 Listed $269,000 MIBOR
Oct 2, 2014 Listing removed $144,900 MIBOR
Jun 14, 2014 Listed $144,900 MIBOR
Mar 11, 2008 Sold $111,213 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $221,300 $29,200 $250,500 $2,365
2024 $220,400 $29,200 $249,600 $2,604
2023 $178,100 $29,200 $207,300 $2,179
2022 $163,400 $29,200 $192,600 $2,198
2021 $163,400 $29,200 $192,600 $2,027
2020 $138,600 $29,200 $167,800 $1,777
2019 $138,000 $21,100 $159,100 $1,687
2018 $133,800 $21,100 $154,900 $1,643
2017 $109,800 $21,100 $130,900 $1,401
2016 $111,000 $21,100 $132,100 $1,410
2015 $111,100 $21,100 $132,200 $1,322
2014 $107,700 $21,100 $128,800 $1,287
2013 $105,400 $21,100 $126,500 $1,265
2012 $103,900 $21,100 $125,000 $1,249
2011 $104,900 $21,100 $126,000 $1,260
2010 $104,900 $21,100 $126,000 $1,260
2008 $100 $100 $3
2006 $100 $100 $2

Property facts

Year built
2007
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,753 sqft
Lot size
4,792 sqft
ZIP code
46237
City
Indianapolis
Street
Franklin Villas Way
Coordinates
39.69747, -86.06070

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,630
Gross rental yield
10.63%
Implied cap rate
6.91%
Trend-extrapolated value

Frequently asked questions

When did 6127 Franklin Villas Way last sell?
6127 Franklin Villas Way most recently sold on Jan 25, 2023 for $296,875.
What is the current tax assessment for 6127 Franklin Villas Way?
The most recent total assessment for 6127 Franklin Villas Way (year 2025) is $250,500 with $2,365 in property tax.
How does 6127 Franklin Villas Way's assessment compare to its last sale price?
The current assessment is 15.6% below the last sale price of $296,875.
When was 6127 Franklin Villas Way built?
6127 Franklin Villas Way was built in 2007.
How does 6127 Franklin Villas Way compare to others on Franklin Villas Way?
We track 4 other properties on Franklin Villas Way. Browse the list under "Other properties on Franklin Villas Way" to compare beds, baths, and sale history.
What are the property facts for 6127 Franklin Villas Way?
6127 Franklin Villas Way is a 3 bed, 2 bath, 1,753 sqft, 4,792 sqft lot single_family.
Is 6127 Franklin Villas Way a flip candidate?
No — 6127 Franklin Villas Way does not appear in our flips dataset.
Is 6127 Franklin Villas Way a tax-appeal candidate?
No — 6127 Franklin Villas Way 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
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$200.7K
2026 Q4
$185.2K
ZIP 46237 — Median Price History + Forecast

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