7825 Sherman Dr
Indianapolis, IN 46240
4 bd 3 ba 2,812 sqft Built 1967 Lot 195 sqft single_family
Most recent sale
$337,179
Nov 3, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 3, 2022 | Sold | $337,179 | Public Record |
| Oct 28, 2022 | Sold | $340,000 | MIBOR |
| Oct 28, 2022 | Listing removed | — | MIBOR |
| Aug 2, 2006 | Sold | $205,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $350,700 | $62,500 | $413,200 | $5,288 |
| 2024 | $332,200 | $62,500 | $394,700 | $5,486 |
| 2023 | $302,400 | $62,500 | $364,900 | $4,887 |
| 2022 | $216,800 | $28,300 | $245,100 | $4,080 |
| 2021 | $216,800 | $28,300 | $245,100 | $3,394 |
| 2020 | $216,800 | $28,300 | $245,100 | $3,214 |
| 2019 | $200,700 | $28,300 | $229,000 | $2,824 |
| 2018 | $191,600 | $28,300 | $219,900 | $2,651 |
| 2017 | $201,200 | $28,300 | $229,500 | $2,729 |
| 2016 | $190,200 | $28,300 | $218,500 | $2,435 |
| 2015 | $202,400 | $28,300 | $230,700 | $2,357 |
| 2014 | $194,600 | $28,300 | $222,900 | $2,240 |
| 2013 | $198,300 | $28,300 | $226,600 | $2,365 |
| 2012 | $199,500 | $28,300 | $227,800 | $2,249 |
| 2011 | $175,200 | $28,300 | $203,500 | $1,820 |
| 2010 | $175,200 | $28,300 | $203,500 | $1,573 |
| 2008 | $161,800 | $28,300 | $190,100 | $1,357 |
| 2006 | $162,800 | $28,300 | $191,100 | $2,705 |
Property facts
Year built
1967
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,812 sqft
Lot size
195 sqft
ZIP code
46240
City
Indianapolis
Street
Sherman Dr
Coordinates
39.89668, -86.10204
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,023
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7825 Sherman Dr last sell?
7825 Sherman Dr most recently sold on Nov 3, 2022 for $337,179.
What is the current tax assessment for 7825 Sherman Dr?
The most recent total assessment for 7825 Sherman Dr (year 2025) is $413,200 with $5,288 in property tax.
How does 7825 Sherman Dr's assessment compare to its last sale price?
The current assessment is 22.5% above the last sale price of $337,179.
When was 7825 Sherman Dr built?
7825 Sherman Dr was built in 1967.
How does 7825 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 7825 Sherman Dr?
7825 Sherman Dr is a 4 bed, 3 bath, 2,812 sqft, 195 sqft lot single_family.
Is 7825 Sherman Dr a flip candidate?
No — 7825 Sherman Dr does not appear in our flips dataset.
Is 7825 Sherman Dr a tax-appeal candidate?
Yes — 7825 Sherman Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.0%
2026 Q3
$1.02M
2026 Q4
$1.02M
ZIP 46240 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Sherman Dr