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4240 Norrose Dr

Indianapolis, IN 46226

4 bd 2 ba 2,808 sqft Built 1953 Lot 12,319 sqft single_family
Most recent sale
$267,500
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 13, 2022 Sold $267,500 Public Record
Jun 6, 2022 Sold $267,500 MIBOR
Apr 28, 2022 Listed $249,900 MLS #21849020
Dec 3, 2021 Sold $210,611 Public Record
Nov 2, 2021 Sold $78,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $207,000 $13,500 $220,500 $2,461
2024 $175,400 $13,500 $188,900 $2,307
2023 $180,100 $13,500 $193,600 $2,348
2022 $107,200 $13,500 $120,700 $1,515
2021 $107,200 $13,500 $120,700 $1,420
2020 $98,100 $6,500 $104,600 $1,112
2019 $88,200 $6,500 $94,700 $939
2018 $89,100 $6,500 $95,600 $981
2017 $92,500 $6,500 $99,000 $925
2016 $89,000 $6,500 $95,500 $821
2015 $97,000 $6,500 $103,500 $1,016
2014 $95,300 $6,500 $101,800 $948
2013 $95,300 $6,500 $101,800 $954
2012 $61,500 $6,500 $68,000 $481
2011 $59,900 $15,400 $75,300 $673
2010 $68,800 $15,400 $84,200 $640
2008 $73,600 $15,400 $89,000 $613
2006 $94,100 $15,400 $109,500 $1,015

Property facts

Year built
1953
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,808 sqft
Lot size
12,319 sqft
ZIP code
46226
City
Indianapolis
Street
Norrose Dr
Coordinates
39.83062, -86.09412

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,605
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4240 Norrose Dr last sell?
4240 Norrose Dr most recently sold on Jun 13, 2022 for $267,500.
What is the current tax assessment for 4240 Norrose Dr?
The most recent total assessment for 4240 Norrose Dr (year 2025) is $220,500 with $2,461 in property tax.
How does 4240 Norrose Dr's assessment compare to its last sale price?
The current assessment is 17.6% below the last sale price of $267,500.
When was 4240 Norrose Dr built?
4240 Norrose Dr was built in 1953.
How does 4240 Norrose Dr compare to others on Norrose Dr?
We track 2 other properties on Norrose Dr. Browse the list under "Other properties on Norrose Dr" to compare beds, baths, and sale history.
What are the property facts for 4240 Norrose Dr?
4240 Norrose Dr is a 4 bed, 2 bath, 2,808 sqft, 12,319 sqft lot single_family.
Is 4240 Norrose Dr a flip candidate?
Yes — 4240 Norrose Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4240 Norrose Dr a tax-appeal candidate?
No — 4240 Norrose 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
-5.2%
Implied 1-yr
-20.9%
2026 Q2
$157K
2026 Q3
$144.6K
ZIP 46226 — Median Price History + Forecast

Explore nearby

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