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5349 Penway St

Indianapolis, IN 46224

2 bd 1 ba 925 sqft Built 1960 Lot 6,970 sqft single_family
Most recent sale
$95,000
Aug 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2022 Sold $95,000 Public Record
Jul 27, 2022 Sold $95,000 MIBOR
May 13, 2022 Listed $135,000 MLS #21855397
Jun 19, 2007 Sold $79,135 Public Record
Jul 14, 2005 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $134,800 $8,600 $143,400 $1,505
2024 $105,200 $8,600 $113,800 $1,207
2023 $99,800 $8,600 $108,400 $1,067
2022 $67,900 $8,600 $76,500 $1,071
2021 $67,900 $8,600 $76,500 $1,840
2020 $59,700 $8,600 $68,300 $1,655
2019 $56,500 $8,600 $65,100 $1,607
2018 $51,800 $8,600 $60,400 $1,506
2017 $48,200 $8,600 $56,800 $1,279
2016 $48,600 $8,600 $57,200 $1,261
2015 $47,700 $8,600 $56,300 $1,233
2014 $46,700 $8,600 $55,300 $1,190
2013 $45,800 $8,600 $54,400 $1,128
2012 $49,400 $8,600 $58,000 $385
2011 $50,700 $8,200 $58,900 $381
2010 $52,800 $8,200 $61,000 $361
2008 $58,000 $8,200 $66,200 $432
2006 $57,600 $8,200 $65,800 $508

Property facts

Year built
1960
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
925 sqft
Lot size
6,970 sqft
ZIP code
46224
City
Indianapolis
Street
Penway St
Coordinates
39.82152, -86.25297

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$570
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5349 Penway St last sell?
5349 Penway St most recently sold on Aug 1, 2022 for $95,000.
What is the current tax assessment for 5349 Penway St?
The most recent total assessment for 5349 Penway St (year 2025) is $143,400 with $1,505 in property tax.
How does 5349 Penway St's assessment compare to its last sale price?
The current assessment is 50.9% above the last sale price of $95,000.
When was 5349 Penway St built?
5349 Penway St was built in 1960.
How does 5349 Penway St compare to others on Penway St?
We track 8 other properties on Penway St. Browse the list under "Other properties on Penway St" to compare beds, baths, and sale history.
What are the property facts for 5349 Penway St?
5349 Penway St is a 2 bed, 1 bath, 925 sqft, 6,970 sqft lot single_family.
Is 5349 Penway St a flip candidate?
No — 5349 Penway St does not appear in our flips dataset.
Is 5349 Penway St a tax-appeal candidate?
Yes — 5349 Penway St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.2%
Implied 1-yr
+4.8%
2026 Q1
$279.8K
2026 Q2
$282.9K
ZIP 46224 — Median Price History + Forecast

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