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2242 Pennsylvania St

Indianapolis, IN 46225

3 bd 3 ba 2,076 sqft Built 1911 Lot 3,790 sqft single_family
Most recent sale
$201,637
Feb 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $249,500 MIBOR
Sep 8, 2022 Relisted $249,500 MLS #21873496
Aug 25, 2022 Price changed $269,000 MLS #21873496
Aug 11, 2022 Price changed $279,500 MLS #21873496
Jul 28, 2022 Listed $289,500 MLS #21873496
Feb 22, 2022 Sold $201,637 Public Record
Feb 10, 2022 Sold $95,000 MIBOR
Jan 24, 2022 Listed $95,000 MLS #21835067
Dec 30, 2021 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $238,200 $10,700 $248,900 $2,761
2024 $220,300 $10,700 $231,000 $2,807
2023 $218,400 $10,700 $229,100 $2,764
2022 $68,400 $10,700 $79,100 $668
2021 $68,400 $10,700 $79,100 $470
2020 $61,000 $10,700 $71,700 $1,726
2019 $6,400 $3,200 $9,600 $291
2018 $5,900 $3,200 $9,100 $280
2017 $5,400 $3,200 $8,600 $2,655
2016 $5,000 $3,200 $8,200 $231
2015 $4,800 $3,200 $8,000 $176
2014 $29,900 $3,200 $33,100 $195
2013 $31,400 $3,200 $34,600 $719
2012 $33,200 $3,200 $36,400 $817
2011 $3,600 $9,300 $12,900 $268
2010 $3,600 $9,300 $12,900 $306
2008 $46,000 $9,300 $55,300 $407
2006 $46,500 $9,300 $55,800 $318

Property facts

Year built
1911
Property type
single_family
Stories
3
Beds
3
Baths
3
Living area
2,076 sqft
Lot size
3,790 sqft
ZIP code
46225
City
Indianapolis
Street
Pennsylvania St
Coordinates
39.73608, -86.15690

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2242 Pennsylvania St last sell?
2242 Pennsylvania St most recently sold on Feb 22, 2022 for $201,637.
What is the current tax assessment for 2242 Pennsylvania St?
The most recent total assessment for 2242 Pennsylvania St (year 2025) is $248,900 with $2,761 in property tax.
How does 2242 Pennsylvania St's assessment compare to its last sale price?
The current assessment is 23.4% above the last sale price of $201,637.
When was 2242 Pennsylvania St built?
2242 Pennsylvania St was built in 1911.
How does 2242 Pennsylvania St compare to others on Pennsylvania St?
We track 8 other properties on Pennsylvania St. Browse the list under "Other properties on Pennsylvania St" to compare beds, baths, and sale history.
What are the property facts for 2242 Pennsylvania St?
2242 Pennsylvania St is a 3 bed, 3 bath, 2,076 sqft, 3,790 sqft lot single_family.
Is 2242 Pennsylvania St a flip candidate?
Yes — 2242 Pennsylvania St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2242 Pennsylvania St a tax-appeal candidate?
No — 2242 Pennsylvania St 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
$297.4K
2026 Q4
$299.4K
ZIP 46225 — Median Price History + Forecast

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