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3604 Ribbon Dr

Indianapolis, IN 46227

3 bd 1,655 sqft Built 1976 Lot 10,106 sqft single_family
Most recent sale
$253,000
Aug 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 8, 2022 Sold $253,000 Public Record
May 26, 2022 Listed $272,000 MLS #21859411
Apr 25, 2022 Sold $167,000 Public Record
Apr 19, 2022 Sold $167,000 MIBOR
Apr 7, 2022 Listed $150,000 MLS #21845565

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $204,100 $23,800 $227,900 $2,735
2024 $198,300 $23,800 $222,100 $2,904
2023 $188,000 $23,800 $211,800 $2,740
2022 $145,800 $23,800 $169,600 $2,554
2021 $145,800 $23,800 $169,600 $2,245
2020 $124,600 $23,800 $148,400 $1,960
2019 $121,800 $17,100 $138,900 $1,829
2018 $107,000 $17,100 $124,100 $1,554
2017 $105,900 $17,100 $123,000 $1,526
2016 $99,500 $17,100 $116,600 $1,418
2015 $95,700 $17,100 $112,800 $1,217
2014 $94,100 $17,100 $111,200 $1,131
2013 $96,000 $17,100 $113,100 $1,251
2012 $89,400 $17,100 $106,500 $1,082
2011 $86,900 $17,100 $104,000 $849
2010 $84,600 $17,100 $101,700 $731
2008 $90,800 $17,100 $107,900 $862
2006 $90,800 $17,100 $107,900 $1,074

Property facts

Year built
1976
Property type
single_family
Stories
2
Beds
3
Baths
Living area
1,655 sqft
Lot size
10,106 sqft
ZIP code
46227
City
Indianapolis
Street
Ribbon Dr
Coordinates
39.65240, -86.10460

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,483
Gross rental yield
11.78%
Implied cap rate
7.66%
Trend-extrapolated value

Frequently asked questions

When did 3604 Ribbon Dr last sell?
3604 Ribbon Dr most recently sold on Aug 8, 2022 for $253,000.
What is the current tax assessment for 3604 Ribbon Dr?
The most recent total assessment for 3604 Ribbon Dr (year 2025) is $227,900 with $2,735 in property tax.
How does 3604 Ribbon Dr's assessment compare to its last sale price?
The current assessment is 9.9% below the last sale price of $253,000.
When was 3604 Ribbon Dr built?
3604 Ribbon Dr was built in 1976.
How does 3604 Ribbon Dr compare to others on Ribbon Dr?
We track 7 other properties on Ribbon Dr. Browse the list under "Other properties on Ribbon Dr" to compare beds, baths, and sale history.
What are the property facts for 3604 Ribbon Dr?
3604 Ribbon Dr is a 3 bed, 1,655 sqft, 10,106 sqft lot single_family.
Is 3604 Ribbon Dr a flip candidate?
Yes — 3604 Ribbon Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3604 Ribbon Dr a tax-appeal candidate?
No — 3604 Ribbon 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$230.5K
2026 Q4
$231.7K
ZIP 46227 — Median Price History + Forecast

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