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2938 Taft Ave

Indianapolis, IN 46241

3 bd 2 ba 1,122 sqft Built 1952 Lot 7,405 sqft single_family
Most recent sale
$47,250
Jul 12, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Price changed $185,000 MLS #21863285
Jun 14, 2022 Listed $200,000 MLS #21863285
Jul 12, 2021 Sold $47,250 Public Record
Jul 2, 2021 Sold $47,250 MIBOR
Jun 9, 2021 Listed $59,900 MLS #21790152
Jan 14, 2011 Sold $59,500 Public Record
Jul 10, 2010 Listed $64,900 MLS #21036984

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $143,400 $6,000 $149,400 $3,590
2024 $146,900 $6,000 $152,900 $3,701
2023 $137,000 $6,000 $143,000 $3,468
2022 $72,300 $6,000 $78,300 $1,882
2021 $72,300 $6,000 $78,300 $1,049
2020 $66,200 $6,000 $72,200 $943
2019 $64,200 $6,000 $70,200 $922
2018 $61,500 $6,000 $67,500 $816
2017 $59,200 $6,000 $65,200 $294
2016 $63,100 $6,000 $69,100 $337
2015 $59,900 $6,000 $65,900 $218
2014 $58,700 $6,000 $64,700 $178
2013 $57,000 $6,000 $63,000 $184
2012 $58,000 $6,000 $64,000 $175
2011 $60,900 $7,700 $68,600 $207
2010 $64,700 $7,700 $72,400 $202
2008 $67,000 $7,700 $74,700 $464
2006 $72,700 $7,700 $80,400 $430

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,122 sqft
Lot size
7,405 sqft
ZIP code
46241
City
Indianapolis
Street
Taft Ave
Coordinates
39.72097, -86.23620

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$284
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 2938 Taft Ave last sell?
2938 Taft Ave most recently sold on Jul 12, 2021 for $47,250.
What is the current tax assessment for 2938 Taft Ave?
The most recent total assessment for 2938 Taft Ave (year 2025) is $149,400 with $3,590 in property tax.
How does 2938 Taft Ave's assessment compare to its last sale price?
The current assessment is 216.2% above the last sale price of $47,250.
When was 2938 Taft Ave built?
2938 Taft Ave was built in 1952.
How does 2938 Taft Ave compare to others on Taft Ave?
We track 8 other properties on Taft Ave. Browse the list under "Other properties on Taft Ave" to compare beds, baths, and sale history.
What are the property facts for 2938 Taft Ave?
2938 Taft Ave is a 3 bed, 2 bath, 1,122 sqft, 7,405 sqft lot single_family.
Is 2938 Taft Ave a flip candidate?
No — 2938 Taft Ave does not appear in our flips dataset.
Is 2938 Taft Ave a tax-appeal candidate?
Yes — 2938 Taft Ave 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
-1.2%
Implied 1-yr
-4.9%
2026 Q3
$170K
2026 Q4
$167.7K
ZIP 46241 — Median Price History + Forecast

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