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3785 Lima Ct

Indianapolis, IN 46227

2 bd 3 ba 1,350 sqft Built 1982 Lot 2,178 sqft townhomes
Most recent sale
$152,775
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 22, 2022 Sold $130,000 MIBOR
Nov 7, 2022 Listed $131,000 MIBOR
Aug 24, 2022 Sold $152,775 Public Record
Jul 29, 2022 Sold $131,000 MIBOR
Jun 30, 2022 Listed $125,000 MLS #21866990
Dec 31, 2020 Sold $89,725 Public Record
Dec 21, 2020 Sold $89,725 MIBOR
Nov 30, 2020 Listed $84,900 MLS #21755150
Nov 18, 2014 Sold $77,187 Public Record
Oct 9, 2014 Listing removed $69,900 MIBOR
Aug 19, 2014 Listed $69,900 MLS #21310803
Jul 2, 2010 Listed $29,000 MLS #21035362

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $103,700 $11,000 $114,700 $1,092
2024 $95,100 $11,000 $106,100 $1,068
2023 $86,700 $11,000 $97,700 $886
2021 $51,700 $11,000 $62,700 $1,676
2020 $47,200 $11,000 $58,200 $504
2019 $58,500 $5,500 $64,000 $549
2018 $54,000 $5,500 $59,500 $519
2017 $54,900 $5,500 $60,400 $524
2016 $53,200 $5,500 $58,700 $517
2015 $52,600 $5,500 $58,100 $448
2014 $50,400 $5,500 $55,900 $411
2013 $50,400 $5,500 $55,900 $441
2012 $50,900 $5,500 $56,400 $429
2011 $49,800 $5,500 $55,300 $286
2010 $49,800 $5,500 $55,300 $225
2008 $49,800 $5,500 $55,300 $381
2006 $53,800 $5,500 $59,300 $427

Property facts

Year built
1982
Property type
townhomes
Stories
3
Beds
2
Baths
3
Living area
1,350 sqft
Lot size
2,178 sqft
ZIP code
46227
City
Indianapolis
Street
Lima Ct
Coordinates
39.64705, -86.10189

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
$917
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3785 Lima Ct last sell?
3785 Lima Ct most recently sold on Aug 24, 2022 for $152,775.
What is the current tax assessment for 3785 Lima Ct?
The most recent total assessment for 3785 Lima Ct (year 2025) is $114,700 with $1,092 in property tax.
How does 3785 Lima Ct's assessment compare to its last sale price?
The current assessment is 24.9% below the last sale price of $152,775.
When was 3785 Lima Ct built?
3785 Lima Ct was built in 1982.
How does 3785 Lima Ct compare to others on Lima Ct?
We track 8 other properties on Lima Ct. Browse the list under "Other properties on Lima Ct" to compare beds, baths, and sale history.
What are the property facts for 3785 Lima Ct?
3785 Lima Ct is a 2 bed, 3 bath, 1,350 sqft, 2,178 sqft lot townhomes.
Is 3785 Lima Ct a flip candidate?
Yes — 3785 Lima Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3785 Lima Ct a tax-appeal candidate?
No — 3785 Lima Ct 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$230.5K
2026 Q4
$231.7K
ZIP 46227 — Median Price History + Forecast

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