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5924 Parterra Dr

Indianapolis, IN 46237

3 bd 2 ba 1,184 sqft Built 1987 Lot 7,200 sqft single_family
Most recent sale
$240,075
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $240,075 Public Record
Aug 4, 2022 Sold $198,000 MIBOR
Jul 5, 2022 Listed $189,000 MLS #21867578

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $200,800 $21,200 $222,000 $2,109
2024 $171,700 $21,200 $192,900 $2,037
2023 $147,000 $21,200 $168,200 $1,789
2022 $114,800 $21,200 $136,000 $1,572
2021 $114,800 $21,200 $136,000 $2,822
2020 $99,500 $21,200 $120,700 $2,514
2019 $79,700 $16,200 $95,900 $2,021
2018 $74,400 $16,200 $90,600 $1,912
2017 $72,300 $16,200 $88,500 $1,868
2016 $70,900 $16,200 $87,100 $1,838
2015 $62,100 $16,200 $78,300 $1,571
2014 $62,900 $16,200 $79,100 $1,587
2013 $64,300 $16,200 $80,500 $1,616
2012 $64,600 $16,200 $80,800 $1,622
2011 $67,000 $16,200 $83,200 $850
2010 $67,000 $16,200 $83,200 $739
2008 $68,800 $16,200 $85,000 $827
2006 $68,800 $16,200 $85,000 $1,089

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,184 sqft
Lot size
7,200 sqft
ZIP code
46237
City
Indianapolis
Street
Parterra Dr
Coordinates
39.69377, -86.06502

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,776
Gross rental yield
8.88%
Implied cap rate
5.77%
Trend-extrapolated value

Frequently asked questions

When did 5924 Parterra Dr last sell?
5924 Parterra Dr most recently sold on Aug 9, 2022 for $240,075.
What is the current tax assessment for 5924 Parterra Dr?
The most recent total assessment for 5924 Parterra Dr (year 2025) is $222,000 with $2,109 in property tax.
How does 5924 Parterra Dr's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $240,075.
When was 5924 Parterra Dr built?
5924 Parterra Dr was built in 1987.
How does 5924 Parterra Dr compare to others on Parterra Dr?
We track 4 other properties on Parterra Dr. Browse the list under "Other properties on Parterra Dr" to compare beds, baths, and sale history.
What are the property facts for 5924 Parterra Dr?
5924 Parterra Dr is a 3 bed, 2 bath, 1,184 sqft, 7,200 sqft lot single_family.
Is 5924 Parterra Dr a flip candidate?
Yes — 5924 Parterra Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5924 Parterra Dr a tax-appeal candidate?
No — 5924 Parterra 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
-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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