3861 Shady Lake Dr
Westfield, IN 46074
4 bd 3 ba 3,818 sqft Built 2020 Lot 13,504 sqft single_family
Most recent sale
$705,000
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $705,000 | Public Record |
| Apr 20, 2022 | Sold | $705,000 | MIBOR |
| Mar 17, 2022 | Listed | $659,000 | MLS #21843322 |
| Jul 17, 2020 | Relisted | $545,990 | MLS #21725523 |
| Jun 29, 2020 | Sold | $550,580 | Public Record |
| Jun 26, 2020 | Sold | $545,990 | MIBOR |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $546,900 | $105,000 | $651,900 | $7,156 |
| 2024 | $546,900 | $105,000 | $651,900 | $7,336 |
| 2022 | $536,900 | $80,000 | $616,900 | $6,292 |
| 2021 | $412,900 | $80,000 | $492,900 | $5,952 |
| 2020 | — | $600 | $600 | $35 |
| 2019 | — | $600 | $600 | $51 |
| 2018 | — | $600 | $600 | $71 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
4
Baths
3
Living area
3,818 sqft
Lot size
13,504 sqft
ZIP code
46074
City
Westfield
Street
Shady Lake Dr
Coordinates
40.05206, -86.10219
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,727
Gross rental yield
9.75%
Implied cap rate
6.34%
Trend-extrapolated value
—
Frequently asked questions
When did 3861 Shady Lake Dr last sell?
3861 Shady Lake Dr most recently sold on Apr 26, 2022 for $705,000.
What is the current tax assessment for 3861 Shady Lake Dr?
The most recent total assessment for 3861 Shady Lake Dr (year 2025) is $651,900 with $7,156 in property tax.
How does 3861 Shady Lake Dr's assessment compare to its last sale price?
The current assessment is 7.5% below the last sale price of $705,000.
When was 3861 Shady Lake Dr built?
3861 Shady Lake Dr was built in 2020.
How does 3861 Shady Lake Dr compare to others on Shady Lake Dr?
We track 8 other properties on Shady Lake Dr. Browse the list under "Other properties on Shady Lake Dr" to compare beds, baths, and sale history.
What are the property facts for 3861 Shady Lake Dr?
3861 Shady Lake Dr is a 4 bed, 3 bath, 3,818 sqft, 13,504 sqft lot single_family.
Is 3861 Shady Lake Dr a flip candidate?
Yes — 3861 Shady Lake Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3861 Shady Lake Dr a tax-appeal candidate?
No — 3861 Shady Lake Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$504.9K
2026 Q4
$497.7K
ZIP 46074 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shady Lake Dr