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3608 Sherman Dr

Indianapolis, IN 46218

4 bd 2 ba 2,304 sqft Built 1950 Lot 6,970 sqft single_family
Most recent sale
$92,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 5, 2022 Sold $92,000 Public Record
Jul 29, 2022 Sold $92,000 MIBOR
Jul 7, 2022 Price changed $98,000 MLS #21863526
Jun 28, 2022 Price changed $110,000 MLS #21863526
Jun 16, 2022 Listed $115,000 MLS #21863526
Nov 15, 2009 Listing removed $12,000 MIBOR
Nov 6, 2009 Relisted $12,000 MLS #2950810
Oct 25, 2009 Listing removed $12,000 MIBOR
Oct 9, 2009 Listed $12,000 MLS #2950810
Aug 27, 2009 Sold $80,635 Public Record
Jul 16, 2007 Sold $7,700,000 Public Record
Apr 5, 2002 Sold $80,864 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $69,700 $4,500 $74,200 $1,835
2024 $63,600 $4,500 $68,100 $1,705
2023 $69,600 $4,500 $74,100 $1,845
2022 $35,600 $4,500 $40,100 $1,307
2021 $35,600 $4,500 $40,100 $533
2020 $38,300 $2,700 $41,000 $557
2019 $33,500 $2,700 $36,200 $419
2018 $35,600 $2,700 $38,300 $494
2017 $34,000 $2,700 $36,700 $400
2016 $33,000 $2,700 $35,700 $356
2015 $31,900 $2,700 $34,600 $292
2014 $36,500 $2,700 $39,200 $416
2013 $53,400 $2,700 $56,100 $920
2012 $52,300 $2,700 $55,000 $1,006
2011 $46,000 $6,500 $52,500 $1,118
2010 $46,000 $6,500 $52,500 $1,142
2008 $46,000 $6,500 $52,500 $1,453
2006 $37,000 $6,500 $43,500 $1,068

Property facts

Year built
1950
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,304 sqft
Lot size
6,970 sqft
ZIP code
46218
City
Indianapolis
Street
Sherman Dr
Coordinates
39.82213, -86.10306

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$552
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3608 Sherman Dr last sell?
3608 Sherman Dr most recently sold on Aug 5, 2022 for $92,000.
What is the current tax assessment for 3608 Sherman Dr?
The most recent total assessment for 3608 Sherman Dr (year 2025) is $74,200 with $1,835 in property tax.
How does 3608 Sherman Dr's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $92,000.
When was 3608 Sherman Dr built?
3608 Sherman Dr was built in 1950.
How does 3608 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 3608 Sherman Dr?
3608 Sherman Dr is a 4 bed, 2 bath, 2,304 sqft, 6,970 sqft lot single_family.
Is 3608 Sherman Dr a flip candidate?
No — 3608 Sherman Dr does not appear in our flips dataset.
Is 3608 Sherman Dr a tax-appeal candidate?
No — 3608 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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