4821 Norwaldo Ave
Indianapolis, IN 46205
2 bd 2 ba 1,478 sqft Built 1940 Lot 5,881 sqft single_family
Most recent sale
$175,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $175,000 | Public Record |
| Apr 18, 2022 | Sold | $175,000 | MIBOR |
| Dec 6, 2021 | Listed | $199,900 | MLS #21827607 |
| Nov 11, 2020 | Price changed for rent | $1,095 | AppfolioUnits |
| Aug 6, 2020 | Listed for rent | $1,150 | AppfolioUnits |
| Jun 24, 2019 | Listed | $169,900 | MLS #21649551 |
| Apr 19, 2017 | Listing removed | $1,025 | AppfolioUnits |
| Apr 18, 2017 | Listed for rent | $1,025 | AppfolioUnits |
| Jan 13, 2017 | Listing removed | $84,900 | MIBOR |
| Sep 20, 2016 | Listed | $84,900 | MLS #21442421 |
| May 18, 2016 | Listing removed | $84,900 | MIBOR |
| Dec 4, 2015 | Price changed | $84,900 | MLS #21371143 |
| Nov 13, 2015 | Listing removed | $700 | MIBOR |
| Sep 27, 2015 | Price changed | $89,900 | MLS #21371143 |
| Aug 14, 2015 | Listed | $92,900 | MLS #21371143 |
| Dec 17, 2014 | Listing removed | $800 | MIBOR |
| Nov 16, 2014 | Listed for rent | $800 | MIBOR |
| Nov 2, 2014 | Listing removed | $99,900 | MIBOR |
| Jul 27, 2014 | Price changed | $99,900 | MLS #21248413 |
| Jan 27, 2014 | Price changed | $114,900 | MLS #21248413 |
| Oct 14, 2013 | Price changed | $124,900 | MLS #21248413 |
| Sep 19, 2013 | Price changed | $134,900 | MLS #21248413 |
| Aug 5, 2013 | Listed | $144,900 | MLS #21248413 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $187,800 | $28,000 | $215,800 | $2,428 |
| 2024 | $151,400 | $28,000 | $179,400 | $2,209 |
| 2023 | $151,400 | $28,000 | $179,400 | $2,193 |
| 2022 | $76,200 | $12,300 | $88,500 | $977 |
| 2021 | $76,200 | $12,300 | $88,500 | $2,143 |
| 2020 | $68,300 | $12,300 | $80,600 | $1,965 |
| 2019 | $63,400 | $12,300 | $75,700 | $1,883 |
| 2018 | $60,800 | $12,300 | $73,100 | $1,835 |
| 2017 | $57,000 | $12,300 | $69,300 | $1,563 |
| 2016 | $61,300 | $12,300 | $73,600 | $1,618 |
| 2015 | $57,900 | $12,300 | $70,200 | $1,546 |
| 2014 | $54,400 | $12,300 | $66,700 | $1,442 |
| 2013 | $51,600 | $12,300 | $63,900 | $1,328 |
| 2012 | $30,900 | $12,300 | $43,200 | $969 |
| 2011 | $39,500 | $12,300 | $51,800 | $1,076 |
| 2010 | $39,500 | $12,300 | $51,800 | $1,103 |
| 2008 | $35,800 | $12,300 | $48,100 | $1,343 |
| 2006 | $42,000 | $12,300 | $54,300 | $314 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,478 sqft
Lot size
5,881 sqft
ZIP code
46205
City
Indianapolis
Street
Norwaldo Ave
Coordinates
39.84224, -86.12865
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 4821 Norwaldo Ave last sell?
4821 Norwaldo Ave most recently sold on Apr 25, 2022 for $175,000.
What is the current tax assessment for 4821 Norwaldo Ave?
The most recent total assessment for 4821 Norwaldo Ave (year 2025) is $215,800 with $2,428 in property tax.
How does 4821 Norwaldo Ave's assessment compare to its last sale price?
The current assessment is 23.3% above the last sale price of $175,000.
When was 4821 Norwaldo Ave built?
4821 Norwaldo Ave was built in 1940.
How does 4821 Norwaldo Ave compare to others on Norwaldo Ave?
We track 8 other properties on Norwaldo Ave. Browse the list under "Other properties on Norwaldo Ave" to compare beds, baths, and sale history.
What are the property facts for 4821 Norwaldo Ave?
4821 Norwaldo Ave is a 2 bed, 2 bath, 1,478 sqft, 5,881 sqft lot single_family.
Is 4821 Norwaldo Ave a flip candidate?
No — 4821 Norwaldo Ave does not appear in our flips dataset.
Is 4821 Norwaldo Ave a tax-appeal candidate?
Yes — 4821 Norwaldo 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 valuationQuarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$406.4K
2026 Q4
$416.7K
ZIP 46205 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Norwaldo Ave