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  • $220,200

    5520 McFarland Rd, Indianapolis, IN 46227

    --beds
    0baths
    1,662sqft
    MultiFamily
    Built in 1981
    -- sqft lot
    $220,200 Zestimate®
    $132/sqft
    $1,597 Estimated rent

    Home value

    $220,200

    $200,000 - $242,000

    $1,597/mo

    Zestimate® history
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    Owner options

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    $1,597/mo

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    $1,597/mo

    Rent Zestimate®

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    $1,423/mo

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    $1,423/mo

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    What's special

    Fantastic investment. Great opportunity to own a Double - 2 bedroom 1 bathroom each side. Great price and accessible location. Long term tenants currently renting. At current list price property will cash flow. Property is surrounded by many good schools, shopping, and restaurants. Large backyard.Property is on both city water and sewer. Come see!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Other
    Cooling
    • Central
    Interior area
    • Total interior livable area: 1,662 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Features
    • Exterior features: Brick
    Lot
    • Size: 0.69 Acres
    Details
    • Parcel number: 491505103085000500

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Foundation: Crawl/Raised
    • Roof: Other
    Condition
    • Year built: 1981

    Community & HOA

    Location
    • Region: Indianapolis

    Financial & listing details

    • Price per square foot: $132/sqft
    • Tax assessed value: $147,200
    • Annual tax amount: $3,889

    Price history

    DateEventPrice
    11/19/2021Sold$165,000+65.2%$99/sqft
    Source: Public Record Report a problem
    6/15/2013Listing removed$99,900$60/sqft
    Source: F.C. Tucker Company, Inc. #21227259 Report a problem
    6/6/2013Pending sale$99,900$60/sqft
    Source: F.C. Tucker Company, Inc. #21227259 Report a problem
    4/20/2013Listed for sale$99,900$60/sqft
    Source: F.C. Tucker Company, Inc. #21227259 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,889 +6.2%$147,200 -3.7%
    2024$3,664 -36.5%$152,800 -39.2%
    2023$5,772 +4.9%$251,300 +11.3%
    2022$5,504 +24.1%$225,700 +6.4%
    2021$4,436 +15.3%$212,100 +24.8%
    2020$3,846 -3.2%$169,900 +16.1%
    2019$3,973 +16.4%$146,400 -4.2%
    2018$3,413 -2%$152,800 +18.8%
    2017$3,484 +8.8%$128,600 +0.6%
    2016$3,203 +3.3%$127,800 -0.1%
    2014$3,102 +2.2%$127,900
    2013$3,036 $127,900 +2.9%
    2012$3,036 $124,300 +3.1%
    2011-- $120,600
    2010$2,412 +0%$120,600
    2009$2,412 $120,600 -5.8%
    2007-- $128,000 +0.1%
    2006-- $127,900
    2005-- $127,900
    2004-- $127,900
    2003-- $127,900 +80.1%
    2002-- $71,000 +200%
    2001-- $23,670
    2000-- $23,670
    Find assessor info on the county website

    Neighborhood: Edgewood

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Perry Twp

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $220,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $220,200