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6048 King Lear Dr

Indianapolis, IN 46254

3 bd 2 ba 1,425 sqft Built 1994 Lot 12,018 sqft single_family
Most recent sale
$296,250
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 13, 2022 Sold $296,250 Public Record
May 2, 2022 Sold $252,000 MIBOR
Mar 31, 2022 Listed $230,000 MLS #21843680

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $208,800 $51,900 $260,700 $2,763
2024 $205,600 $51,900 $257,500 $2,998
2023 $195,000 $51,900 $246,900 $2,575
2022 $142,500 $26,500 $169,000 $2,180
2021 $142,500 $26,500 $169,000 $1,791
2020 $122,300 $26,500 $148,800 $1,587
2019 $117,600 $26,500 $144,100 $1,537
2018 $105,800 $26,500 $132,300 $1,417
2017 $99,000 $26,500 $125,500 $1,327
2016 $94,100 $26,500 $120,600 $1,247
2015 $88,300 $26,500 $114,800 $1,062
2014 $91,000 $26,500 $117,500 $1,112
2013 $88,000 $26,500 $114,500 $1,068
2012 $90,100 $26,500 $116,600 $1,007
2011 $89,900 $31,800 $121,700 $1,001
2010 $92,800 $31,800 $124,600 $934
2008 $96,500 $31,800 $128,300 $1,062
2006 $97,500 $31,800 $129,300 $1,476

Property facts

Year built
1994
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,425 sqft
Lot size
12,018 sqft
ZIP code
46254
City
Indianapolis
Street
King Lear Dr
Coordinates
39.86667, -86.26823

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,138
Gross rental yield
8.66%
Implied cap rate
5.63%
Trend-extrapolated value

Frequently asked questions

When did 6048 King Lear Dr last sell?
6048 King Lear Dr most recently sold on May 13, 2022 for $296,250.
What is the current tax assessment for 6048 King Lear Dr?
The most recent total assessment for 6048 King Lear Dr (year 2025) is $260,700 with $2,763 in property tax.
How does 6048 King Lear Dr's assessment compare to its last sale price?
The current assessment is 12.0% below the last sale price of $296,250.
When was 6048 King Lear Dr built?
6048 King Lear Dr was built in 1994.
How does 6048 King Lear Dr compare to others on King Lear Dr?
We track 3 other properties on King Lear Dr. Browse the list under "Other properties on King Lear Dr" to compare beds, baths, and sale history.
What are the property facts for 6048 King Lear Dr?
6048 King Lear Dr is a 3 bed, 2 bath, 1,425 sqft, 12,018 sqft lot single_family.
Is 6048 King Lear Dr a flip candidate?
No — 6048 King Lear Dr does not appear in our flips dataset.
Is 6048 King Lear Dr a tax-appeal candidate?
No — 6048 King Lear Dr 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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