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7235 Shelby St

Indianapolis, IN 46227

3 bd 2 ba 1,642 sqft Built 1957 Lot 15,420 sqft single_family
Most recent sale
$186,250
Jan 3, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2025 Listing removed $78,821 MIBOR
Nov 7, 2024 Listed for rent $1,500 Avail
Sep 5, 2023 Listing removed Avail
Aug 30, 2023 Listed for rent $1,500 Avail
Jan 3, 2023 Sold $186,250 Public Record
Dec 22, 2022 Listing removed MIBOR
Oct 3, 2022 Listed $179,900 MIBOR
Mar 13, 2015 Sold $67,300 Public Record
Mar 6, 2015 Listing removed $75,000 MIBOR
Feb 5, 2015 Price changed $75,000 MIBOR
Jan 27, 2015 Listed $80,000 MIBOR
Jan 26, 2015 Listing removed $80,000 MIBOR
Nov 25, 2014 Listed $80,000 MIBOR
Sep 4, 2014 Listing removed $80,000 MIBOR
Mar 3, 2014 Listed $80,000 MIBOR
Jan 5, 2011 Listing removed $78,821 MIBOR
Nov 29, 2010 Relisted $78,821 MIBOR
Nov 28, 2010 Listing removed $78,821 MIBOR
Oct 21, 2010 Price changed $78,821 MIBOR
Sep 24, 2010 Listing removed $85,000 MIBOR
Sep 23, 2010 Listed $85,000 MIBOR
Sep 15, 2010 Price changed $89,921 MIBOR
Mar 30, 2010 Listing removed $104,921 MIBOR
Mar 23, 2010 Price changed $104,921 MIBOR
Mar 23, 2010 Listed $94,921 MIBOR
Feb 23, 2010 Price changed $109,921 MIBOR
Feb 9, 2010 Price changed $114,921 MIBOR
Jan 26, 2010 Price changed $118,921 MIBOR
Nov 8, 2009 Relisted $120,021 MIBOR
Nov 1, 2009 Listing removed $120,021 MIBOR
Sep 23, 2009 Listed $120,021 MIBOR
May 19, 2000 Sold $85,000 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $175,800 $27,500 $203,300 $5,246
2024 $157,100 $27,500 $184,600 $4,826
2023 $162,100 $27,500 $189,600 $4,945
2022 $162,100 $27,500 $189,600 $4,464
2021 $114,000 $27,500 $141,500 $3,790
2020 $103,300 $27,500 $130,800 $3,530
2019 $105,600 $20,600 $126,200 $3,428
2018 $89,700 $20,600 $110,300 $2,977
2017 $95,800 $20,600 $116,400 $3,137
2016 $91,100 $20,600 $111,700 $3,016
2015 $89,600 $20,600 $110,200 $1,167
2014 $85,600 $20,600 $106,200 $1,039
2013 $77,200 $20,600 $97,800 $949
2012 $75,400 $20,600 $96,000 $882
2011 $67,600 $20,600 $88,200 $629
2010 $67,600 $20,600 $88,200 $567
2008 $71,100 $20,600 $91,700 $672
2006 $71,000 $20,600 $91,600 $1,089

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,642 sqft
Lot size
15,420 sqft
ZIP code
46227
City
Indianapolis
Street
Shelby St
Coordinates
39.66032, -86.13904

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,118
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7235 Shelby St last sell?
7235 Shelby St most recently sold on Jan 3, 2023 for $186,250.
What is the current tax assessment for 7235 Shelby St?
The most recent total assessment for 7235 Shelby St (year 2025) is $203,300 with $5,246 in property tax.
How does 7235 Shelby St's assessment compare to its last sale price?
The current assessment is 9.2% above the last sale price of $186,250.
When was 7235 Shelby St built?
7235 Shelby St was built in 1957.
How does 7235 Shelby St compare to others on Shelby St?
We track 8 other properties on Shelby St. Browse the list under "Other properties on Shelby St" to compare beds, baths, and sale history.
What are the property facts for 7235 Shelby St?
7235 Shelby St is a 3 bed, 2 bath, 1,642 sqft, 15,420 sqft lot single_family.
Is 7235 Shelby St a flip candidate?
No — 7235 Shelby St does not appear in our flips dataset.
Is 7235 Shelby St a tax-appeal candidate?
No — 7235 Shelby 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
+0.6%
Implied 1-yr
+2.3%
2026 Q3
$230.5K
2026 Q4
$231.7K
ZIP 46227 — Median Price History + Forecast

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