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8412 Southern Springs Way

Indianapolis, IN 46237

3 bd 1 ba 1,400 sqft Built 1996 single_family
Most recent sale
$281,073
Oct 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 4, 2022 Sold $281,073 Public Record
Sep 2, 2022 Sold $260,000 MIBOR
Jul 15, 2022 Listed $249,900 MLS #21870506
May 24, 2019 Sold $168,000 Public Record
Mar 2, 2001 Sold $146,426 Public Record
Feb 28, 2001 Sold $114,000 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $226,700 $26,100 $252,800 $2,406
2024 $221,900 $26,100 $248,000 $2,608
2023 $206,200 $26,100 $232,300 $2,449
2022 $170,900 $26,100 $197,000 $2,295
2021 $170,900 $26,100 $197,000 $2,090
2020 $137,700 $26,100 $163,800 $1,755
2019 $133,800 $20,800 $154,600 $1,660
2018 $115,200 $20,800 $136,000 $1,471
2017 $108,900 $20,800 $129,700 $1,405
2016 $109,700 $20,800 $130,500 $1,410
2015 $100,100 $20,800 $120,900 $1,229
2014 $96,700 $20,800 $117,500 $1,194
2013 $90,800 $20,800 $111,600 $1,133
2012 $94,700 $20,800 $115,500 $1,174
2011 $98,800 $18,900 $117,700 $1,213
2010 $100,500 $18,900 $119,400 $1,114
2008 $90,700 $18,900 $109,600 $1,440
2006 $100,600 $18,900 $119,500 $1,620

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,400 sqft
Lot size
ZIP code
46237
City
Indianapolis
Street
Southern Springs Way
Coordinates
39.64547, -86.06697

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 8412 Southern Springs Way last sell?
8412 Southern Springs Way most recently sold on Oct 4, 2022 for $281,073.
What is the current tax assessment for 8412 Southern Springs Way?
The most recent total assessment for 8412 Southern Springs Way (year 2025) is $252,800 with $2,406 in property tax.
How does 8412 Southern Springs Way's assessment compare to its last sale price?
The current assessment is 10.1% below the last sale price of $281,073.
When was 8412 Southern Springs Way built?
8412 Southern Springs Way was built in 1996.
How does 8412 Southern Springs Way compare to others on Southern Springs Way?
We track 8 other properties on Southern Springs Way. Browse the list under "Other properties on Southern Springs Way" to compare beds, baths, and sale history.
What are the property facts for 8412 Southern Springs Way?
8412 Southern Springs Way is a 3 bed, 1 bath, 1,400 sqft single_family.
Is 8412 Southern Springs Way a flip candidate?
No — 8412 Southern Springs Way does not appear in our flips dataset.
Is 8412 Southern Springs Way a tax-appeal candidate?
No — 8412 Southern Springs Way 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
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$200.7K
2026 Q4
$185.2K
ZIP 46237 — Median Price History + Forecast

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