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5011 Opal Ridge Ln

Indianapolis, IN 46237

2 bd 2 ba 1,124 sqft Built 2004 condos
Most recent sale
$141,750
Jun 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 7, 2022 Sold $141,750 Public Record
May 27, 2022 Sold $171,500 MIBOR
Apr 28, 2022 Listed $152,600 MLS #21848081
Apr 30, 2020 Sold $119,000 Public Record
Apr 17, 2020 Sold $119,000 MIBOR
Jan 11, 2020 Listed $119,000 MLS #21688930
Jun 14, 2018 Sold $112,500 Public Record
Jun 7, 2018 Sold $90,000 MIBOR
Mar 6, 2018 Listed $90,000 MLS #21549821
Jun 12, 2014 Listing removed $850 MIBOR
Jun 2, 2014 Listed for rent $850 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $147,700 $10,400 $158,100 $1,601
2024 $140,800 $10,400 $151,200 $1,439
2023 $133,800 $10,400 $144,200 $1,633
2022 $89,500 $10,400 $99,900 $1,631
2021 $89,500 $10,400 $99,900 $1,119
2020 $92,300 $10,400 $102,700 $1,087
2019 $77,900 $10,400 $88,300 $805
2018 $70,800 $10,400 $81,200 $673
2017 $61,200 $10,400 $71,600 $1,911
2016 $62,300 $10,400 $72,700 $1,942
2015 $58,000 $10,400 $68,400 $1,732
2014 $59,000 $10,400 $69,400 $1,670
2013 $60,500 $10,400 $70,900 $1,711
2012 $61,800 $10,400 $72,200 $462
2011 $62,900 $10,400 $73,300 $484
2010 $68,900 $10,400 $79,300 $385
2008 $69,100 $10,400 $79,500 $582
2006 $67,700 $10,400 $78,100 $791

Property facts

Year built
2004
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
1,124 sqft
Lot size
ZIP code
46237
City
Indianapolis
Street
Opal Ridge Ln
Coordinates
39.67114, -86.08362

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
$1,686
Gross rental yield
14.27%
Implied cap rate
9.28%
Trend-extrapolated value

Frequently asked questions

When did 5011 Opal Ridge Ln last sell?
5011 Opal Ridge Ln most recently sold on Jun 7, 2022 for $141,750.
What is the current tax assessment for 5011 Opal Ridge Ln?
The most recent total assessment for 5011 Opal Ridge Ln (year 2025) is $158,100 with $1,601 in property tax.
How does 5011 Opal Ridge Ln's assessment compare to its last sale price?
The current assessment is 11.5% above the last sale price of $141,750.
When was 5011 Opal Ridge Ln built?
5011 Opal Ridge Ln was built in 2004.
How does 5011 Opal Ridge Ln compare to others on Opal Ridge Ln?
We track 8 other properties on Opal Ridge Ln. Browse the list under "Other properties on Opal Ridge Ln" to compare beds, baths, and sale history.
What are the property facts for 5011 Opal Ridge Ln?
5011 Opal Ridge Ln is a 2 bed, 2 bath, 1,124 sqft condos.
Is 5011 Opal Ridge Ln a flip candidate?
Yes — 5011 Opal Ridge Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5011 Opal Ridge Ln a tax-appeal candidate?
No — 5011 Opal Ridge Ln 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
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$200.7K
2026 Q4
$185.2K
ZIP 46237 — Median Price History + Forecast

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