5945 Timber Lake Way
Indianapolis, IN 46237
4 bd 3 ba 1,938 sqft Built 1989 Lot 7,405 sqft single_family
Most recent sale
$257,100
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $257,100 | Public Record |
| Apr 22, 2022 | Sold | $257,100 | MIBOR |
| Mar 17, 2022 | Listed | $255,000 | MLS #21843679 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $244,500 | $21,900 | $266,400 | $2,489 |
| 2024 | $221,200 | $21,900 | $243,100 | $2,520 |
| 2023 | $189,400 | $21,900 | $211,300 | $2,202 |
| 2022 | $135,700 | $21,900 | $157,600 | $1,787 |
| 2021 | $135,700 | $21,900 | $157,600 | $1,662 |
| 2020 | $130,500 | $21,900 | $152,400 | $1,608 |
| 2019 | $134,100 | $18,900 | $153,000 | $1,612 |
| 2018 | $108,800 | $18,900 | $127,700 | $1,357 |
| 2017 | $103,500 | $18,900 | $122,400 | $1,303 |
| 2016 | $90,900 | $18,900 | $109,800 | $1,175 |
| 2015 | $88,300 | $18,900 | $107,200 | $1,083 |
| 2014 | $89,300 | $18,900 | $108,200 | $1,092 |
| 2013 | $89,300 | $18,900 | $108,200 | $1,092 |
| 2012 | $87,100 | $18,900 | $106,000 | $1,069 |
| 2011 | $89,400 | $18,900 | $108,300 | $1,096 |
| 2010 | $89,400 | $18,900 | $108,300 | $1,097 |
| 2008 | $105,800 | $18,900 | $124,700 | $1,508 |
| 2006 | $97,500 | $18,900 | $116,400 | $1,646 |
Property facts
Year built
1989
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
1,938 sqft
Lot size
7,405 sqft
ZIP code
46237
City
Indianapolis
Street
Timber Lake Way
Coordinates
39.68963, -86.06387
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,907
Gross rental yield
13.57%
Implied cap rate
8.82%
Trend-extrapolated value
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Frequently asked questions
When did 5945 Timber Lake Way last sell?
5945 Timber Lake Way most recently sold on May 6, 2022 for $257,100.
What is the current tax assessment for 5945 Timber Lake Way?
The most recent total assessment for 5945 Timber Lake Way (year 2025) is $266,400 with $2,489 in property tax.
How does 5945 Timber Lake Way's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $257,100.
When was 5945 Timber Lake Way built?
5945 Timber Lake Way was built in 1989.
How does 5945 Timber Lake Way compare to others on Timber Lake Way?
We track 5 other properties on Timber Lake Way. Browse the list under "Other properties on Timber Lake Way" to compare beds, baths, and sale history.
What are the property facts for 5945 Timber Lake Way?
5945 Timber Lake Way is a 4 bed, 3 bath, 1,938 sqft, 7,405 sqft lot single_family.
Is 5945 Timber Lake Way a flip candidate?
No — 5945 Timber Lake Way does not appear in our flips dataset.
Is 5945 Timber Lake Way a tax-appeal candidate?
No — 5945 Timber Lake Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-5.9%
Implied 1-yr
-23.6%
2026 Q3
$200.7K
2026 Q4
$185.2K
ZIP 46237 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Timber Lake Way