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8440 Preservation Way

Indianapolis, IN 46278

4 bd 4 ba 5,775 sqft Built 2005 Lot 21,344 sqft single_family
Most recent sale
$623,437
May 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 11, 2022 Sold $623,437 Public Record
May 3, 2022 Sold $665,000 MIBOR
Apr 2, 2022 Listed $699,900 MLS #21846645
Feb 13, 2015 Listing removed $449,999 MIBOR
Feb 10, 2015 Sold $437,500 Public Record
Nov 28, 2014 Price changed $449,999 MLS #21315020
Oct 31, 2014 Price changed $450,000 MLS #21315020
Oct 24, 2014 Price changed $449,999 MLS #21315020
Sep 12, 2014 Listed $450,000 MLS #21315020

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $533,500 $104,000 $637,500 $7,074
2024 $535,000 $104,000 $639,000 $7,423
2023 $512,800 $104,000 $616,800 $6,311
2022 $428,800 $94,200 $523,000 $5,567
2021 $428,800 $94,200 $523,000 $10,596
2020 $395,000 $94,200 $489,200 $5,024
2019 $379,900 $94,200 $474,100 $4,870
2018 $361,000 $94,200 $455,200 $4,677
2017 $360,000 $94,200 $454,200 $4,663
2016 $357,300 $94,200 $451,500 $4,633
2015 $372,600 $94,200 $466,800 $4,667
2014 $365,800 $94,200 $460,000 $4,599
2013 $325,500 $94,200 $419,700 $4,241
2012 $296,800 $94,200 $391,000 $4,235
2011 $292,600 $94,200 $386,800 $4,531
2010 $331,800 $94,200 $426,000 $4,369
2008 $371,000 $94,200 $465,200 $5,559
2006 $383,200 $76,400 $459,600 $6,448

Property facts

Year built
2005
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
5,775 sqft
Lot size
21,344 sqft
ZIP code
46278
City
Indianapolis
Street
Preservation Way
Coordinates
39.89224, -86.31210

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,741
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8440 Preservation Way last sell?
8440 Preservation Way most recently sold on May 11, 2022 for $623,437.
What is the current tax assessment for 8440 Preservation Way?
The most recent total assessment for 8440 Preservation Way (year 2025) is $637,500 with $7,074 in property tax.
How does 8440 Preservation Way's assessment compare to its last sale price?
The current assessment is 2.3% above the last sale price of $623,437.
When was 8440 Preservation Way built?
8440 Preservation Way was built in 2005.
How does 8440 Preservation Way compare to others on Preservation Way?
We track 3 other properties on Preservation Way. Browse the list under "Other properties on Preservation Way" to compare beds, baths, and sale history.
What are the property facts for 8440 Preservation Way?
8440 Preservation Way is a 4 bed, 4 bath, 5,775 sqft, 21,344 sqft lot single_family.
Is 8440 Preservation Way a flip candidate?
No — 8440 Preservation Way does not appear in our flips dataset.
Is 8440 Preservation Way a tax-appeal candidate?
No — 8440 Preservation Way 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
-0.6%
2026 Q3
$485.9K
2026 Q4
$485.1K
ZIP 46278 — Median Price History + Forecast

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