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5408 Park Dr

Indianapolis, IN 46220

2 bd 1 ba 2,024 sqft Built 1950 Lot 13,068 sqft single_family
Most recent sale
$231,562
Jul 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 12, 2022 Sold $231,562 Public Record
Jun 23, 2022 Sold $196,000 MIBOR
May 19, 2022 Price changed $199,900 MLS #21853950
May 14, 2022 Listed $204,900 MLS #21853950
Jul 9, 2002 Sold $119,227 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $149,600 $31,200 $180,800 $1,959
2024 $141,600 $31,200 $172,800 $2,079
2023 $162,900 $31,200 $194,100 $2,311
2022 $127,300 $23,900 $151,200 $1,944
2021 $127,300 $23,900 $151,200 $1,872
2020 $131,700 $23,900 $155,600 $1,868
2019 $117,100 $23,900 $141,000 $1,527
2018 $106,500 $23,900 $130,400 $1,333
2017 $99,800 $23,900 $123,700 $1,213
2016 $98,200 $23,900 $122,100 $1,128
2015 $96,600 $23,900 $120,500 $920
2014 $94,000 $23,900 $117,900 $880
2013 $94,000 $23,900 $117,900 $2,450
2012 $113,000 $23,900 $136,900 $1,099
2011 $106,700 $23,900 $130,600 $954
2010 $106,700 $23,900 $130,600 $860
2008 $109,600 $23,900 $133,500 $777
2006 $72,400 $23,900 $96,300 $765

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
2,024 sqft
Lot size
13,068 sqft
ZIP code
46220
City
Indianapolis
Street
Park Dr
Coordinates
39.85078, -86.10699

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,389
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5408 Park Dr last sell?
5408 Park Dr most recently sold on Jul 12, 2022 for $231,562.
What is the current tax assessment for 5408 Park Dr?
The most recent total assessment for 5408 Park Dr (year 2025) is $180,800 with $1,959 in property tax.
How does 5408 Park Dr's assessment compare to its last sale price?
The current assessment is 21.9% below the last sale price of $231,562.
When was 5408 Park Dr built?
5408 Park Dr was built in 1950.
How does 5408 Park Dr compare to others on Park Dr?
We track 3 other properties on Park Dr. Browse the list under "Other properties on Park Dr" to compare beds, baths, and sale history.
What are the property facts for 5408 Park Dr?
5408 Park Dr is a 2 bed, 1 bath, 2,024 sqft, 13,068 sqft lot single_family.
Is 5408 Park Dr a flip candidate?
No — 5408 Park Dr does not appear in our flips dataset.
Is 5408 Park Dr a tax-appeal candidate?
No — 5408 Park 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
-2.3%
Implied 1-yr
-9.1%
2026 Q3
$345.1K
2026 Q4
$335.8K
ZIP 46220 — Median Price History + Forecast

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