5425 Margate Rd
Indianapolis, IN 46221
3 bd 2 ba 1,074 sqft Built 1948 Lot 6,098 sqft single_family
Most recent sale
$68,000
Jun 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 19, 2022 | Sold | $155,500 | MIBOR |
| Nov 11, 2022 | Relisted | $162,000 | MIBOR |
| Oct 24, 2022 | Listed | $159,000 | MIBOR |
| Jun 29, 2022 | Sold | $68,000 | Public Record |
| Jun 10, 2022 | Sold | $68,000 | MIBOR |
| May 20, 2022 | Listed | $70,000 | MLS #21856479 |
| Jun 8, 2020 | Sold | $33,900 | Public Record |
| Jun 4, 2020 | Sold | $33,900 | MIBOR |
| May 18, 2020 | Price changed | $33,900 | MLS #21706152 |
| May 2, 2020 | Price changed | $39,900 | MLS #21706152 |
| Apr 21, 2020 | Listed | $45,000 | MLS #21706152 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $130,100 | $13,800 | $143,900 | $1,537 |
| 2024 | $133,200 | $13,800 | $147,000 | $1,723 |
| 2023 | $112,900 | $13,800 | $126,700 | $1,483 |
| 2022 | $60,300 | $13,800 | $74,100 | $701 |
| 2021 | $60,300 | $13,800 | $74,100 | $2,309 |
| 2020 | $52,000 | $13,800 | $65,800 | $1,498 |
| 2019 | $52,000 | $13,800 | $65,800 | $1,605 |
| 2018 | $49,400 | $13,800 | $63,200 | $1,526 |
| 2017 | $48,800 | $13,800 | $62,600 | $1,528 |
| 2016 | $47,800 | $13,800 | $61,600 | $1,500 |
| 2015 | $46,500 | $13,800 | $60,300 | $1,377 |
| 2014 | $45,700 | $13,800 | $59,500 | $627 |
| 2013 | $45,700 | $13,800 | $59,500 | $611 |
| 2012 | $44,700 | $13,800 | $58,500 | $591 |
| 2011 | $51,200 | $6,400 | $57,600 | $576 |
| 2010 | $51,500 | $6,400 | $57,900 | $496 |
| 2008 | $52,600 | $6,400 | $59,000 | $913 |
| 2006 | $59,000 | $6,400 | $65,400 | $720 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,074 sqft
Lot size
6,098 sqft
ZIP code
46221
City
Indianapolis
Street
Margate Rd
Coordinates
39.70191, -86.25251
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$408
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5425 Margate Rd last sell?
5425 Margate Rd most recently sold on Jun 29, 2022 for $68,000.
What is the current tax assessment for 5425 Margate Rd?
The most recent total assessment for 5425 Margate Rd (year 2025) is $143,900 with $1,537 in property tax.
How does 5425 Margate Rd's assessment compare to its last sale price?
The current assessment is 111.6% above the last sale price of $68,000.
When was 5425 Margate Rd built?
5425 Margate Rd was built in 1948.
How does 5425 Margate Rd compare to others on Margate Rd?
We track 6 other properties on Margate Rd. Browse the list under "Other properties on Margate Rd" to compare beds, baths, and sale history.
What are the property facts for 5425 Margate Rd?
5425 Margate Rd is a 3 bed, 2 bath, 1,074 sqft, 6,098 sqft lot single_family.
Is 5425 Margate Rd a flip candidate?
Yes — 5425 Margate Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5425 Margate Rd a tax-appeal candidate?
No — 5425 Margate Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$217.8K
2026 Q4
$221.5K
ZIP 46221 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Margate Rd