481 Somerset Ave
Indianapolis, IN 46241
2 bd 1 ba 1,440 sqft Built 1948 Lot 7,492 sqft single_family
No recorded sales
Location
Timeline: Sale, Listing & Tax History
Recorded events
No recorded events
No sale or listing events are on file for this property.
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $118,600 | $7,100 | $125,700 | $1,425 |
| 2024 | $112,000 | $7,100 | $119,100 | $1,644 |
| 2023 | $79,100 | $7,100 | $86,200 | $2,269 |
| 2022 | $57,900 | $7,100 | $65,000 | $2,201 |
| 2021 | $57,900 | $7,100 | $65,000 | $1,914 |
| 2020 | $47,200 | $7,100 | $54,300 | $1,628 |
| 2019 | $43,500 | $7,100 | $50,600 | $1,548 |
| 2018 | $44,700 | $7,100 | $51,800 | $1,488 |
| 2017 | $49,000 | $7,100 | $56,100 | $1,595 |
| 2016 | $49,000 | $7,100 | $56,100 | $1,597 |
| 2015 | $48,100 | $7,100 | $55,200 | $1,297 |
| 2014 | $47,200 | $7,100 | $54,300 | $1,086 |
| 2013 | $46,000 | $7,100 | $53,100 | $1,062 |
| 2012 | $45,900 | $7,100 | $53,000 | $1,060 |
| 2011 | $43,000 | $8,300 | $51,300 | $1,040 |
| 2010 | $43,700 | $8,300 | $52,000 | $1,088 |
| 2008 | $46,100 | $8,300 | $54,400 | $1,680 |
| 2006 | $44,900 | $8,300 | $53,200 | $1,436 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,440 sqft
Lot size
7,492 sqft
ZIP code
46241
City
Indianapolis
Street
Somerset Ave
Coordinates
39.76028, -86.22139
Comparable properties nearby
Frequently asked questions
When did 481 Somerset Ave last sell?
No public-record sale is on file for 481 Somerset Ave.
What is the current tax assessment for 481 Somerset Ave?
The most recent total assessment for 481 Somerset Ave (year 2025) is $125,700 with $1,425 in property tax.
When was 481 Somerset Ave built?
481 Somerset Ave was built in 1948.
How does 481 Somerset Ave compare to others on Somerset Ave?
We track 8 other properties on Somerset Ave. Browse the list under "Other properties on Somerset Ave" to compare beds, baths, and sale history.
What are the property facts for 481 Somerset Ave?
481 Somerset Ave is a 2 bed, 1 bath, 1,440 sqft, 7,492 sqft lot single_family.
Is 481 Somerset Ave a flip candidate?
No — 481 Somerset Ave does not appear in our flips dataset.
Is 481 Somerset Ave a tax-appeal candidate?
No — 481 Somerset Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.2%
Implied 1-yr
-4.9%
2026 Q3
$170K
2026 Q4
$167.7K
ZIP 46241 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Somerset Ave