5232 Lancelot Dr
Indianapolis, IN 46228
3 bd 2 ba 1,696 sqft Built 1955 Lot 29,185 sqft single_family
Most recent sale
$251,000
May 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2026 | Listed | $290,000 | MIBOR |
| May 9, 2022 | Sold | $251,000 | Public Record |
| Apr 27, 2022 | Sold | $251,000 | MIBOR |
| Mar 12, 2022 | Listed | $244,900 | MLS #21840508 |
| Apr 11, 2019 | Sold | $156,689 | Public Record |
| Apr 8, 2019 | Sold | $158,000 | MIBOR |
| Feb 12, 2019 | Listed | $154,900 | MLS #21615002 |
| Mar 10, 2014 | Sold | $115,000 | Public Record |
| Feb 21, 2014 | Listing removed | $118,000 | MIBOR |
| Dec 12, 2013 | Price changed | $118,000 | MLS #21263298 |
| Oct 31, 2013 | Listed | $122,000 | MLS #21263298 |
| Apr 25, 2008 | Sold | $125,000 | Public Record |
| Jul 14, 2005 | Sold | $179,430 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $261,200 | $46,600 | $307,800 | $3,707 |
| 2024 | $199,200 | $46,600 | $245,800 | $3,221 |
| 2023 | $199,200 | $46,600 | $245,800 | $3,085 |
| 2022 | $129,600 | $30,300 | $159,900 | $2,156 |
| 2021 | $129,600 | $30,300 | $159,900 | $2,101 |
| 2020 | $124,500 | $30,300 | $154,800 | $1,930 |
| 2019 | $124,500 | $30,300 | $154,800 | $1,811 |
| 2018 | $111,100 | $25,700 | $136,800 | $1,500 |
| 2017 | $110,300 | $25,700 | $136,000 | $1,469 |
| 2016 | $108,300 | $25,700 | $134,000 | $1,364 |
| 2015 | $101,200 | $25,700 | $126,900 | $1,065 |
| 2014 | $85,100 | $25,700 | $110,800 | $790 |
| 2013 | $85,100 | $25,700 | $110,800 | $840 |
| 2012 | $82,800 | $25,700 | $108,500 | $743 |
| 2011 | $84,900 | $33,000 | $117,900 | $762 |
| 2010 | $81,100 | $33,000 | $114,100 | $693 |
| 2008 | $109,700 | $33,000 | $142,700 | $903 |
| 2006 | $100,200 | $33,000 | $133,200 | $2,328 |
Property facts
Year built
1955
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,696 sqft
Lot size
29,185 sqft
ZIP code
46228
City
Indianapolis
Street
Lancelot Dr
Coordinates
39.84665, -86.20856
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,544
Gross rental yield
12.16%
Implied cap rate
7.91%
Trend-extrapolated value
—
Frequently asked questions
When did 5232 Lancelot Dr last sell?
5232 Lancelot Dr most recently sold on May 9, 2022 for $251,000.
What is the current tax assessment for 5232 Lancelot Dr?
The most recent total assessment for 5232 Lancelot Dr (year 2025) is $307,800 with $3,707 in property tax.
How does 5232 Lancelot Dr's assessment compare to its last sale price?
The current assessment is 22.6% above the last sale price of $251,000.
When was 5232 Lancelot Dr built?
5232 Lancelot Dr was built in 1955.
How does 5232 Lancelot Dr compare to others on Lancelot Dr?
We track 2 other properties on Lancelot Dr. Browse the list under "Other properties on Lancelot Dr" to compare beds, baths, and sale history.
What are the property facts for 5232 Lancelot Dr?
5232 Lancelot Dr is a 3 bed, 2 bath, 1,696 sqft, 29,185 sqft lot single_family.
Is 5232 Lancelot Dr a flip candidate?
No — 5232 Lancelot Dr does not appear in our flips dataset.
Is 5232 Lancelot Dr a tax-appeal candidate?
Yes — 5232 Lancelot Dr 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
+3.2%
Implied 1-yr
+12.7%
2026 Q2
$485.9K
2026 Q3
$498.6K
ZIP 46228 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lancelot Dr