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2908 Sherman Dr

Indianapolis, IN 46218

2 bd 1,920 sqft Built 1945 Lot 7,013 sqft single_family
Most recent sale
$253,412
Jul 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 19, 2022 Sold $253,412 Public Record
Jul 19, 2022 Sold $253,412 Public Record
Apr 23, 2022 Listed $195,000 MLS #21850998
Apr 23, 2022 Listed $195,000 MLS #21850998
Sep 24, 2021 Sold $51,000 MIBOR
Mar 16, 2010 Listing removed $44,900 MIBOR
Sep 10, 2009 Listed $44,900 MLS #2945560

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $159,300 $8,100 $167,400 $1,865
2024 $123,100 $8,100 $131,200 $1,513
2023 $121,200 $8,100 $129,300 $1,413
2022 $37,100 $4,000 $41,100 $495
2021 $37,100 $4,000 $41,100 $1,032
2020 $2,700 $2,700 $63
2020 $38,700 $2,700 $41,400 $1,041
2019 $2,700 $2,700 $64
2019 $38,700 $2,700 $41,400 $1,057
2018 $2,700 $2,700 $64
2018 $37,100 $2,700 $39,800 $1,026
2017 $2,700 $2,700 $57
2017 $34,300 $2,700 $37,000 $862
2016 $2,700 $2,700 $56
2016 $34,000 $2,700 $36,700 $837
2015 $2,700 $2,700 $59
2015 $37,900 $2,700 $40,600 $894
2014 $2,700 $2,700 $58
2014 $33,600 $2,700 $36,300 $784
2013 $2,700 $2,700 $56
2013 $37,700 $2,700 $40,400 $839
2012 $2,700 $2,700 $61
2012 $40,300 $2,700 $43,000 $964
2011 $3,700 $3,700 $77
2011 $37,500 $3,700 $41,200 $884
2010 $3,700 $3,700 $79
2010 $37,500 $3,700 $41,200 $901
2008 $41,200 $3,700 $44,900 $1,270
2006 $30,300 $3,700 $34,000 $858

Property facts

Year built
1945
Property type
single_family
Stories
1
Beds
2
Baths
Living area
1,920 sqft
Lot size
7,013 sqft
ZIP code
46218
City
Indianapolis
Street
Sherman Dr
Coordinates
39.80906, -86.10299

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
$2,880
Gross rental yield
13.64%
Implied cap rate
8.86%
Trend-extrapolated value

Frequently asked questions

When did 2908 Sherman Dr last sell?
2908 Sherman Dr most recently sold on Jul 19, 2022 for $253,412.
What is the current tax assessment for 2908 Sherman Dr?
The most recent total assessment for 2908 Sherman Dr (year 2025) is $167,400 with $1,865 in property tax.
How does 2908 Sherman Dr's assessment compare to its last sale price?
The current assessment is 33.9% below the last sale price of $253,412.
When was 2908 Sherman Dr built?
2908 Sherman Dr was built in 1945.
How does 2908 Sherman Dr compare to others on Sherman Dr?
We track 8 other properties on Sherman Dr. Browse the list under "Other properties on Sherman Dr" to compare beds, baths, and sale history.
What are the property facts for 2908 Sherman Dr?
2908 Sherman Dr is a 2 bed, 1,920 sqft, 7,013 sqft lot single_family.
Is 2908 Sherman Dr a flip candidate?
Yes — 2908 Sherman Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2908 Sherman Dr a tax-appeal candidate?
No — 2908 Sherman 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
-1.6%
Implied 1-yr
-6.2%
2026 Q3
$168.4K
2026 Q4
$165.5K
ZIP 46218 — Median Price History + Forecast

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