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8085 Payne Rd

Indianapolis, IN 46268

3 bd 3 ba 1,750 sqft Built 1986 Lot 14,810 sqft single_family
Most recent sale
$325,375
Oct 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 7, 2022 Sold $325,375 Public Record
Sep 30, 2022 Sold $274,000 MIBOR
Aug 15, 2022 Listed $275,000 MLS #21877067
Dec 18, 2020 Sold $180,000 Public Record
Dec 11, 2020 Sold $180,000 MIBOR
Sep 18, 2020 Listed $180,000 MLS #21739122

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $191,700 $50,500 $242,200 $2,570
2024 $210,400 $50,500 $260,900 $3,037
2023 $196,700 $50,500 $247,200 $2,579
2022 $151,500 $23,600 $175,100 $2,181
2021 $151,500 $23,600 $175,100 $1,854
2020 $136,500 $23,600 $160,100 $1,702
2019 $124,700 $23,600 $148,300 $1,581
2018 $115,900 $23,600 $139,500 $1,491
2017 $105,100 $23,600 $128,700 $1,389
2016 $105,000 $23,600 $128,600 $1,388
2015 $101,100 $23,600 $124,700 $1,234
2014 $96,600 $23,600 $120,200 $1,167
2013 $92,800 $23,600 $116,400 $1,110
2012 $95,400 $23,600 $119,000 $1,052
2011 $89,700 $29,500 $119,200 $852
2010 $83,900 $29,500 $113,400 $860
2008 $86,500 $29,500 $116,000 $1,004
2006 $95,300 $29,500 $124,800 $1,359

Property facts

Year built
1986
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
1,750 sqft
Lot size
14,810 sqft
ZIP code
46268
City
Indianapolis
Street
Payne Rd
Coordinates
39.90077, -86.22658

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,625
Gross rental yield
9.68%
Implied cap rate
6.29%
Trend-extrapolated value

Frequently asked questions

When did 8085 Payne Rd last sell?
8085 Payne Rd most recently sold on Oct 7, 2022 for $325,375.
What is the current tax assessment for 8085 Payne Rd?
The most recent total assessment for 8085 Payne Rd (year 2025) is $242,200 with $2,570 in property tax.
How does 8085 Payne Rd's assessment compare to its last sale price?
The current assessment is 25.6% below the last sale price of $325,375.
When was 8085 Payne Rd built?
8085 Payne Rd was built in 1986.
How does 8085 Payne Rd compare to others on Payne Rd?
We track 7 other properties on Payne Rd. Browse the list under "Other properties on Payne Rd" to compare beds, baths, and sale history.
What are the property facts for 8085 Payne Rd?
8085 Payne Rd is a 3 bed, 3 bath, 1,750 sqft, 14,810 sqft lot single_family.
Is 8085 Payne Rd a flip candidate?
Yes — 8085 Payne Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8085 Payne Rd a tax-appeal candidate?
No — 8085 Payne Rd 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
-0.2%
Implied 1-yr
-1.0%
2026 Q3
$245.3K
2026 Q4
$244.7K
ZIP 46268 — Median Price History + Forecast

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