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7227 Parkstay Ln

Indianapolis, IN 46113

3 bd 2 ba 1,498 sqft Built 2021 Lot 6,499 sqft single_family
Most recent sale
$304,453
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $304,453 Public Record
Sep 23, 2022 Sold $307,000 MIBOR
May 26, 2022 Price changed $318,270 MLS #555-55562-555620000-0075
May 24, 2022 Price changed $318,270 MLS #21826283
May 9, 2022 Relisted $269,900 MLS #555-55562-555620000-0075
May 2, 2022 Listed $269,900 MLS #555-55562-555620000-0075
Dec 20, 2021 Price changed $269,900 MLS #555-55562-555620000-0075
Nov 23, 2021 Listed $289,270 MLS #21826283
Nov 19, 2021 Listed $289,270 MLS #555-55562-555620000-0075

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $227,800 $58,700 $286,500 $6,434
2024 $231,200 $58,700 $289,900 $3,342
2023 $218,000 $58,700 $276,700 $3,174
2022 $200 $200 $1,975
2021 $200 $200 $6

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,498 sqft
Lot size
6,499 sqft
ZIP code
46113
City
Indianapolis
Street
Parkstay Ln
Coordinates
39.65854, -86.30299

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,247
Gross rental yield
8.86%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 7227 Parkstay Ln last sell?
7227 Parkstay Ln most recently sold on Oct 19, 2022 for $304,453.
What is the current tax assessment for 7227 Parkstay Ln?
The most recent total assessment for 7227 Parkstay Ln (year 2025) is $286,500 with $6,434 in property tax.
How does 7227 Parkstay Ln's assessment compare to its last sale price?
The current assessment is 5.9% below the last sale price of $304,453.
When was 7227 Parkstay Ln built?
7227 Parkstay Ln was built in 2021.
How does 7227 Parkstay Ln compare to others on Parkstay Ln?
We track 4 other properties on Parkstay Ln. Browse the list under "Other properties on Parkstay Ln" to compare beds, baths, and sale history.
What are the property facts for 7227 Parkstay Ln?
7227 Parkstay Ln is a 3 bed, 2 bath, 1,498 sqft, 6,499 sqft lot single_family.
Is 7227 Parkstay Ln a flip candidate?
No — 7227 Parkstay Ln does not appear in our flips dataset.
Is 7227 Parkstay Ln a tax-appeal candidate?
No — 7227 Parkstay 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
-0.7%
Implied 1-yr
-2.9%
2026 Q3
$292.4K
2026 Q4
$290.1K
ZIP 46113 — Median Price History + Forecast

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