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3938 Ivory Way

Indianapolis, IN 46237

3 bd 2 ba 1,337 sqft Built 1973 Lot 10,019 sqft single_family
Most recent sale
$290,937
Nov 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 2, 2022 Listing removed MIBOR
Nov 30, 2022 Sold $245,000 MIBOR
Nov 30, 2022 Listing removed $250,000 MIBOR
Nov 23, 2022 Sold $290,937 Public Record
Oct 13, 2022 Listed $250,000 MLS #21888393
Aug 30, 2022 Sold $192,000 Public Record
Aug 26, 2022 Sold $192,000 MIBOR
Aug 26, 2022 Listing removed $200,000 MIBOR
Aug 8, 2022 Price changed $200,000 MLS #21869348
Jul 29, 2022 Price changed $215,000 MLS #21869348
Jul 16, 2022 Listed $230,000 MLS #21869348

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $193,000 $23,900 $216,900 $2,619
2024 $187,100 $23,900 $211,000 $2,774
2023 $192,100 $23,900 $216,000 $2,814
2022 $146,100 $23,900 $170,000 $2,743
2021 $146,100 $23,900 $170,000 $2,119
2020 $124,900 $23,900 $148,800 $1,710
2019 $122,100 $17,300 $139,400 $1,570
2018 $115,500 $17,300 $132,800 $1,453
2017 $113,900 $17,300 $131,200 $1,415
2016 $104,100 $17,300 $121,400 $1,237
2015 $100,300 $17,300 $117,600 $1,032
2014 $101,300 $17,300 $118,600 $1,002
2013 $103,300 $17,300 $120,600 $1,114
2012 $95,600 $17,300 $112,900 $929
2011 $94,500 $17,300 $111,800 $736
2010 $91,900 $17,300 $109,200 $647
2008 $97,000 $17,300 $114,300 $844
2006 $98,700 $17,300 $116,000 $1,265

Property facts

Year built
1973
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,337 sqft
Lot size
10,019 sqft
ZIP code
46237
City
Indianapolis
Street
Ivory Way
Coordinates
39.65503, -86.09869

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,006
Gross rental yield
8.27%
Implied cap rate
5.38%
Trend-extrapolated value

Frequently asked questions

When did 3938 Ivory Way last sell?
3938 Ivory Way most recently sold on Nov 23, 2022 for $290,937.
What is the current tax assessment for 3938 Ivory Way?
The most recent total assessment for 3938 Ivory Way (year 2025) is $216,900 with $2,619 in property tax.
How does 3938 Ivory Way's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $290,937.
When was 3938 Ivory Way built?
3938 Ivory Way was built in 1973.
How does 3938 Ivory Way compare to others on Ivory Way?
We track 8 other properties on Ivory Way. Browse the list under "Other properties on Ivory Way" to compare beds, baths, and sale history.
What are the property facts for 3938 Ivory Way?
3938 Ivory Way is a 3 bed, 2 bath, 1,337 sqft, 10,019 sqft lot single_family.
Is 3938 Ivory Way a flip candidate?
Yes — 3938 Ivory Way appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3938 Ivory Way a tax-appeal candidate?
No — 3938 Ivory 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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