8542 Palo Verde Ter
Indianapolis, IN 46227
2 bd 2 ba 966 sqft Built 1978 Lot 871 sqft condos
Most recent sale
$117,000
Sep 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 3, 2026 | Listing removed | $110,000 | MIBOR |
| Feb 25, 2026 | Price changed | $110,000 | MIBOR |
| Feb 18, 2026 | Price changed | $115,000 | MIBOR |
| Nov 20, 2025 | Price changed | $118,500 | MIBOR |
| Nov 11, 2025 | Listed | $119,900 | MIBOR |
| Sep 19, 2022 | Sold | $117,000 | Public Record |
| Sep 9, 2022 | Sold | $124,000 | MIBOR |
| Aug 7, 2022 | Listed | $115,000 | MLS #21875991 |
| Jul 26, 2022 | Sold | $65,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $95,800 | $24,100 | $119,900 | $429 |
| 2024 | $88,200 | $23,100 | $111,300 | $421 |
| 2023 | $82,200 | $23,200 | $105,400 | $413 |
| 2022 | $45,200 | $18,400 | $63,600 | $406 |
| 2021 | $45,200 | $18,400 | $63,600 | $545 |
| 2020 | $40,300 | $17,600 | $57,900 | $502 |
| 2019 | $37,400 | $17,100 | $54,500 | $475 |
| 2018 | $28,800 | $15,700 | $44,500 | $400 |
| 2017 | $33,900 | $16,600 | $50,500 | $446 |
| 2016 | $27,400 | $15,500 | $42,900 | $390 |
| 2015 | $26,400 | $15,400 | $41,800 | $322 |
| 2014 | $31,300 | $16,200 | $47,500 | $349 |
| 2013 | $31,300 | $16,200 | $47,500 | $375 |
| 2012 | $30,500 | $16,200 | $46,700 | $355 |
| 2011 | $30,200 | $16,200 | $46,400 | $317 |
| 2010 | $32,100 | $16,500 | $48,600 | $250 |
| 2008 | $32,100 | $16,500 | $48,600 | $372 |
| 2006 | $40,700 | $11,000 | $51,700 | $496 |
Property facts
Year built
1978
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
966 sqft
Lot size
871 sqft
ZIP code
46227
City
Indianapolis
Street
Palo Verde Ter
Coordinates
39.64241, -86.11642
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$702
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 8542 Palo Verde Ter last sell?
8542 Palo Verde Ter most recently sold on Sep 19, 2022 for $117,000.
What is the current tax assessment for 8542 Palo Verde Ter?
The most recent total assessment for 8542 Palo Verde Ter (year 2025) is $119,900 with $429 in property tax.
How does 8542 Palo Verde Ter's assessment compare to its last sale price?
The current assessment is 2.5% above the last sale price of $117,000.
When was 8542 Palo Verde Ter built?
8542 Palo Verde Ter was built in 1978.
How does 8542 Palo Verde Ter compare to others on Palo Verde Ter?
We track 3 other properties on Palo Verde Ter. Browse the list under "Other properties on Palo Verde Ter" to compare beds, baths, and sale history.
What are the property facts for 8542 Palo Verde Ter?
8542 Palo Verde Ter is a 2 bed, 2 bath, 966 sqft, 871 sqft lot condos.
Is 8542 Palo Verde Ter a flip candidate?
Yes — 8542 Palo Verde Ter appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8542 Palo Verde Ter a tax-appeal candidate?
No — 8542 Palo Verde Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$230.5K
2026 Q4
$231.7K
ZIP 46227 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Palo Verde Ter