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5121 Sweet River Way

Indianapolis, IN 46221

3 bd 2 ba 1,200 sqft Built 2001 Lot 5,663 sqft single_family
Most recent sale
$155,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2025 Listing removed $97,900 MIBOR
Sep 12, 2025 Listing removed $224,500 MIBOR
Sep 5, 2025 Listed $224,500 MIBOR
Jun 21, 2024 Listed for rent $1,595 Rently
Jun 5, 2024 Listed for rent $1,595 Rently
Feb 12, 2023 Listed for rent $1,495 Zumper
Feb 8, 2023 Price changed for rent $1,495 Rently
Jan 10, 2023 Listed for rent $1,545 Rently
Dec 15, 2022 Listed for rent $1,545 Zumper
Dec 14, 2022 Price changed for rent $1,545 Rently
Dec 3, 2022 Listed for rent $1,600 Zumper
Dec 2, 2022 Listed for rent $1,600 Rently
Sep 29, 2022 Sold $155,000 Public Record
Sep 26, 2022 Sold $155,000 MIBOR
Sep 15, 2022 Price changed $175,000 MLS #21879409
Sep 8, 2022 Price changed $185,000 MLS #21879409
Aug 24, 2022 Listed $202,000 MLS #21879409
Jan 8, 2016 Sold $102,375 Public Record
Jan 7, 2016 Listing removed $92,500 MIBOR
Nov 11, 2015 Price changed $92,500 MLS #21356265
Oct 8, 2015 Price changed $95,000 MLS #21356265
Aug 14, 2015 Price changed $99,900 MLS #21356265
Jul 8, 2015 Price changed $104,900 MLS #21356265
May 30, 2015 Listed $107,900 MLS #21356265
Oct 10, 2001 Sold $91,528 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $167,900 $13,800 $181,700 $4,114
2024 $188,900 $13,800 $202,700 $4,618
2023 $164,900 $13,800 $178,700 $4,078
2022 $124,600 $13,800 $138,400 $1,869
2021 $124,600 $13,800 $138,400 $1,634
2020 $113,400 $13,800 $127,200 $1,410
2019 $102,100 $13,800 $115,900 $1,364
2018 $93,300 $13,800 $107,100 $1,248
2017 $85,700 $13,800 $99,500 $1,163
2016 $79,300 $13,800 $93,100 $1,065
2015 $77,400 $13,800 $91,200 $2,062
2014 $72,900 $13,800 $86,700 $1,967
2013 $68,200 $13,800 $82,000 $1,640
2012 $68,400 $13,800 $82,200 $800
2011 $73,300 $11,500 $84,800 $897
2010 $78,200 $11,500 $89,700 $770
2008 $77,400 $11,500 $88,900 $1,224
2006 $80,700 $11,500 $92,200 $1,227

Property facts

Year built
2001
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,200 sqft
Lot size
5,663 sqft
ZIP code
46221
City
Indianapolis
Street
Sweet River Way
Coordinates
39.68004, -86.24842

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
13.94%
Implied cap rate
9.06%
Trend-extrapolated value

Frequently asked questions

When did 5121 Sweet River Way last sell?
5121 Sweet River Way most recently sold on Sep 29, 2022 for $155,000.
What is the current tax assessment for 5121 Sweet River Way?
The most recent total assessment for 5121 Sweet River Way (year 2025) is $181,700 with $4,114 in property tax.
How does 5121 Sweet River Way's assessment compare to its last sale price?
The current assessment is 17.2% above the last sale price of $155,000.
When was 5121 Sweet River Way built?
5121 Sweet River Way was built in 2001.
How does 5121 Sweet River Way compare to others on Sweet River Way?
We track 6 other properties on Sweet River Way. Browse the list under "Other properties on Sweet River Way" to compare beds, baths, and sale history.
What are the property facts for 5121 Sweet River Way?
5121 Sweet River Way is a 3 bed, 2 bath, 1,200 sqft, 5,663 sqft lot single_family.
Is 5121 Sweet River Way a flip candidate?
No — 5121 Sweet River Way does not appear in our flips dataset.
Is 5121 Sweet River Way a tax-appeal candidate?
Yes — 5121 Sweet River Way 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 valuation
Quarterly trend
+1.9%
Implied 1-yr
+7.7%
2026 Q3
$217.8K
2026 Q4
$221.5K
ZIP 46221 — Median Price History + Forecast

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