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1615 Lawton Ave

Indianapolis, IN 46203

1 bd 420 sqft Built 1920 Lot 5,924 sqft multi_family
Most recent sale
$118,000
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2026 Price changed for rent $990 Zumper
Mar 30, 2026 Price changed for rent $990 TurboTenant
Mar 4, 2026 Listed for rent $1,050 Zumper
Dec 9, 2025 Price changed for rent $1,050 TurboTenant
Nov 21, 2025 Listed for rent $1,200 TurboTenant
Nov 6, 2025 Listed for rent $1,050 TurboTenant
Oct 20, 2025 Listed for rent $1,050 TurboTenant
Sep 29, 2025 Price changed for rent $1,150 TurboTenant
Sep 9, 2025 Listed for rent $1,250 TurboTenant
Jun 30, 2022 Price changed $135,000 MLS #21859241
May 27, 2022 Listed $140,000 MLS #21859241
Nov 17, 2021 Sold $118,000 Public Record
Nov 13, 2020 Sold $46,500 Public Record
Nov 6, 2020 Sold $46,500 MIBOR
Oct 26, 2020 Price changed $49,999 MLS #21745274
Oct 22, 2020 Price changed $52,999 MLS #21745274
Oct 17, 2020 Price changed $56,999 MLS #21745274
Oct 12, 2020 Sold $42,000 Public Record
Oct 12, 2020 Listed $59,999 MLS #21745274
Nov 17, 2018 Listing removed $600 AppfolioUnits
Nov 1, 2018 Listed for rent $600 AppfolioUnits
May 1, 2018 Listed for rent $550 AppfolioUnits
Apr 11, 2018 Listing removed $675 AppfolioUnits
Feb 25, 2018 Listed for rent $675 AppfolioUnits
Nov 6, 2017 Sold $50,625 Public Record
Nov 2, 2017 Listing removed $525 ShowMojo
Sep 28, 2017 Listing removed $525 ShowMojo
Jun 8, 2017 Listed for rent $525 ShowMojo
Mar 9, 2017 Listing removed $525 ShowMojo
Mar 5, 2017 Listed for rent $525 ShowMojo
Jan 6, 2017 Sold $89,250 Public Record
Sep 17, 2013 Sold $406,250 Public Record
Sep 13, 2002 Sold $65,000 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,200 $7,100 $149,300 $3,632
2024 $121,400 $7,100 $128,500 $3,170
2023 $89,200 $7,100 $96,300 $2,404
2022 $36,800 $6,700 $43,500 $2,925
2021 $36,800 $6,700 $43,500 $1,119
2020 $35,200 $6,700 $41,900 $4,341
2019 $39,200 $2,900 $42,100 $1,107
2018 $35,600 $2,900 $38,500 $1,301
2017 $33,400 $2,900 $36,300 $880
2016 $31,000 $2,900 $33,900 $812
2015 $28,800 $2,900 $31,700 $698
2014 $25,600 $2,900 $28,500 $616
2013 $25,600 $2,900 $28,500 $593
2012 $25,200 $3,400 $28,600 $647
2011 $17,000 $7,900 $24,900 $523
2010 $17,000 $7,900 $24,900 $535
2008 $17,000 $7,900 $24,900 $749
2006 $18,900 $7,900 $26,800 $719

Property facts

Year built
1920
Property type
multi_family
Stories
1
Beds
1
Baths
Living area
420 sqft
Lot size
5,924 sqft
ZIP code
46203
City
Indianapolis
Street
Lawton Ave
Coordinates
39.74317, -86.13183

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
$630
Gross rental yield
6.41%
Implied cap rate
4.16%
Trend-extrapolated value

Frequently asked questions

When did 1615 Lawton Ave last sell?
1615 Lawton Ave most recently sold on Nov 17, 2021 for $118,000.
What is the current tax assessment for 1615 Lawton Ave?
The most recent total assessment for 1615 Lawton Ave (year 2025) is $149,300 with $3,632 in property tax.
How does 1615 Lawton Ave's assessment compare to its last sale price?
The current assessment is 26.5% above the last sale price of $118,000.
When was 1615 Lawton Ave built?
1615 Lawton Ave was built in 1920.
How does 1615 Lawton Ave compare to others on Lawton Ave?
We track 8 other properties on Lawton Ave. Browse the list under "Other properties on Lawton Ave" to compare beds, baths, and sale history.
What are the property facts for 1615 Lawton Ave?
1615 Lawton Ave is a 1 bed, 420 sqft, 5,924 sqft lot multi_family.
Is 1615 Lawton Ave a flip candidate?
Yes — 1615 Lawton Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1615 Lawton Ave a tax-appeal candidate?
Yes — 1615 Lawton Ave 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 valuation
Quarterly trend
+1.4%
Implied 1-yr
+5.5%
2026 Q3
$280.5K
2026 Q4
$284.1K
ZIP 46203 — Median Price History + Forecast

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