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3900 Shady Lake Dr

Westfield, IN 46074

4 bd 3 ba 4,194 sqft Built 2019 Lot 17,860 sqft single_family
Most recent sale
$406,250
Oct 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 13, 2022 Sold $406,250 Public Record
Oct 11, 2022 Sold $615,000 MIBOR
Aug 18, 2022 Listed $624,999 MLS #21877786
Mar 26, 2020 Sold $471,774 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $535,100 $105,100 $640,200 $7,021
2024 $535,100 $105,100 $640,200 $7,263
2022 $525,400 $80,100 $605,500 $5,299
2021 $331,000 $80,100 $411,100 $4,952
2020 $104,700 $80,100 $184,800 $2,203
2019 $600 $600 $51
2018 $600 $600 $52

Property facts

Year built
2019
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
4,194 sqft
Lot size
17,860 sqft
ZIP code
46074
City
Westfield
Street
Shady Lake Dr
Coordinates
40.05314, -86.10187

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
$2,438
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3900 Shady Lake Dr last sell?
3900 Shady Lake Dr most recently sold on Oct 13, 2022 for $406,250.
What is the current tax assessment for 3900 Shady Lake Dr?
The most recent total assessment for 3900 Shady Lake Dr (year 2025) is $640,200 with $7,021 in property tax.
How does 3900 Shady Lake Dr's assessment compare to its last sale price?
The current assessment is 57.6% above the last sale price of $406,250.
When was 3900 Shady Lake Dr built?
3900 Shady Lake Dr was built in 2019.
How does 3900 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 3900 Shady Lake Dr?
3900 Shady Lake Dr is a 4 bed, 3 bath, 4,194 sqft, 17,860 sqft lot single_family.
Is 3900 Shady Lake Dr a flip candidate?
No — 3900 Shady Lake Dr does not appear in our flips dataset.
Is 3900 Shady Lake Dr a tax-appeal candidate?
Yes — 3900 Shady Lake Dr 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
-1.3%
Implied 1-yr
-5.3%
2026 Q3
$504.9K
2026 Q4
$497.7K
ZIP 46074 — Median Price History + Forecast

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