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5515 Kelvington Ln

Indianapolis, IN 46254

2 bd 1,200 sqft Built 2001 Lot 871 sqft condo
Most recent sale
$186,725
Sep 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 30, 2022 Sold $186,725 Public Record
Aug 17, 2022 Sold $154,000 MIBOR
Jun 13, 2022 Listed $149,900 MLS #21863108
Oct 23, 2020 Sold $100,000 Public Record
Aug 6, 2008 Sold $83,783 Public Record
Jul 31, 2008 Sold $69,100 MIBOR
Jun 9, 2008 Sold $61,000 Public Record
Sep 2, 2004 Sold $111,605 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $177,600 $22,400 $200,000 $2,090
2024 $140,000 $22,400 $162,400 $1,866
2023 $108,000 $22,300 $130,300 $1,194
2022 $72,300 $22,300 $94,600 $1,126
2021 $72,300 $22,300 $94,600 $1,958
2020 $56,200 $22,300 $78,500 $532
2019 $47,400 $22,300 $69,700 $437
2018 $39,200 $22,300 $61,500 $390
2017 $36,300 $22,200 $58,500 $368
2016 $36,800 $22,200 $59,000 $371
2015 $35,600 $22,200 $57,800 $302
2014 $35,900 $22,200 $58,100 $305
2013 $35,900 $22,200 $58,100 $307
2012 $35,800 $22,200 $58,000 $279
2011 $35,000 $22,400 $57,400 $245
2010 $35,000 $22,400 $57,400 $245
2008 $36,300 $22,400 $58,700 $833
2006 $90,300 $22,200 $112,500 $1,059

Property facts

Year built
2001
Property type
condo
Stories
2
Beds
2
Baths
Living area
1,200 sqft
Lot size
871 sqft
ZIP code
46254
City
Indianapolis
Street
Kelvington Ln
Coordinates
39.85201, -86.23895

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
11.57%
Implied cap rate
7.52%
Trend-extrapolated value

Frequently asked questions

When did 5515 Kelvington Ln last sell?
5515 Kelvington Ln most recently sold on Sep 30, 2022 for $186,725.
What is the current tax assessment for 5515 Kelvington Ln?
The most recent total assessment for 5515 Kelvington Ln (year 2025) is $200,000 with $2,090 in property tax.
How does 5515 Kelvington Ln's assessment compare to its last sale price?
The current assessment is 7.1% above the last sale price of $186,725.
When was 5515 Kelvington Ln built?
5515 Kelvington Ln was built in 2001.
How does 5515 Kelvington Ln compare to others on Kelvington Ln?
We track 2 other properties on Kelvington Ln. Browse the list under "Other properties on Kelvington Ln" to compare beds, baths, and sale history.
What are the property facts for 5515 Kelvington Ln?
5515 Kelvington Ln is a 2 bed, 1,200 sqft, 871 sqft lot condo.
Is 5515 Kelvington Ln a flip candidate?
Yes — 5515 Kelvington Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5515 Kelvington Ln a tax-appeal candidate?
No — 5515 Kelvington Ln 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
-4.3%
Implied 1-yr
-17.1%
2026 Q3
$181.9K
2026 Q4
$181.9K
ZIP 46254 — Median Price History + Forecast

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