Off market

Zestimate^®

$172,200

5840 Shipwatch Pl, Indianapolis, IN 46237

2beds

1,216sqft

Apartment

Built in ----

-- sqft lot

$172,200 Zestimate^®

$142/sqft

$1,433 Estimated rent

Home value

$172,200

$162,000 - $183,000

$1,433/mo

Zestimate^® history

Owner options

List your home for rent

$1,433/mo

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$1,433/mo

Rent Zestimate^®

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$1,138/mo

Est. payment

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$1,138/mo

Est. payment

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What's special

Franklin Township 2 bed / 1.5 bath townhome condo for lease near Arlington & Stop 11. Condo is conveniently located near Franciscan Hospital, Costco, restaurants, shopping and more! Available for immediate occupancy. No pets allowed, No smoking allowed. Washer/Dryer included in the unit. Security Deposit + First Month's Rent due at lease signing. Owner pays: HOA Fee, Liability Insurance, Property Taxes, Sewer, Water. Tenant pays: Alarm/Security, Cable, Electric, Gas, Renters Insurance. Minimum 12 months lease terms. No pets allowed. No smoking allowed.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Laundry: In Unit

Features

Flooring: Hardwood

Interior area

Total interior livable area: 1,216 sqft

Property

Parking

Parking features: Attached
Has attached garage: Yes
Details: Contact manager

Features

Patio & porch: Patio
Exterior features: Cable not included in rent, Electricity not included in rent, Gas not included in rent, Heating system: Forced Air, Sewage included in rent, Water included in rent

Details

Parcel number: 491522112045000300

Construction

Type & style

Home type: Apartment
Property subtype: Apartment

Utilities & green energy

Utilities for property: Sewage, Water

Community & HOA

Community

Deposit fee: $1,599

Location

Region: Indianapolis

Financial & listing details

Price per square foot: $142/sqft
Tax assessed value: $188,400
Annual tax amount: $3,266
Date on market: 2/7/2025
Date available: 02/07/2025
Lease term: 1 Year

Price history

Date	Event	Price
2/15/2025	Listing removed	$1,599$1/sqft
Source: Zillow Rentals Report a problem
2/7/2025	Listed for rent	$1,599+23%$1/sqft
Source: Zillow Rentals Report a problem
5/19/2021	Listing removed	--
Source: Zillow Rental Manager Report a problem
5/7/2021	Listed for rent	$1,300+30%$1/sqft
Source: Zillow Rental Manager Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/16/2018	Listing removed	$1,000$1/sqft
Source: Owner Report a problem
2/6/2018	Listed for rent	$1,000$1/sqft
Source: Owner Report a problem
3/2/2013	Listing removed	$79,000$65/sqft
Source: RE/MAX Select #21198039 Report a problem
2/28/2013	Pending sale	$79,000$65/sqft
Source: RE/MAX Select #21198039 Report a problem
9/27/2012	Listed for sale	$79,000-0.5%$65/sqft
Source: RE/MAX Select #21198039 Report a problem
11/18/2011	Listing removed	$79,425$65/sqft
Source: Visual Tour #21101510 Report a problem
7/21/2011	Price change	$79,425-8.1%$65/sqft
Source: Visual Tour #21101510 Report a problem
1/12/2011	Listed for sale	$86,400-0.6%$71/sqft
Source: Visual Tour #21101510 Report a problem
10/26/2010	Listing removed	$86,900$71/sqft
Source: RE/MAX Select, Emerson #21022518 Report a problem
7/10/2010	Price change	$86,900-3.3%$71/sqft
Source: RE/MAX Select, Emerson #476 Report a problem
5/15/2010	Price change	$89,900+0%$74/sqft
Source: RE/MAX Select, Emerson #476 Report a problem
5/14/2010	Price change	$89,8990%$74/sqft
Source: RE/MAX Select, Emerson #476 Report a problem
4/29/2010	Listed for sale	$89,900+2.7%$74/sqft
Source: RE/MAX Select, Emerson #476 Report a problem
2/26/2008	Listing removed	$87,500$72/sqft
Source: Number1Expert #2753839 Report a problem
1/18/2008	Price change	$87,500+2.9%$72/sqft
Source: Number1Expert #2753839 Report a problem
12/14/2007	Price change	$85,000+3%$70/sqft
Source: Number1Expert #2753839 Report a problem
12/1/2007	Price change	$82,500-5.7%$68/sqft
Source: Number1Expert #2753839 Report a problem
11/16/2007	Price change	$87,500-0.6%$72/sqft
Source: Number1Expert #2753839 Report a problem
11/14/2007	Listed for sale	$88,000-6%$72/sqft
Source: Number1Expert #2753839 Report a problem
4/7/2006	Sold	$93,644+0.2%$77/sqft
Source: MIBOR as distributed by MLS GRID #2606657 Report a problem
7/28/2000	Sold	$93,450$77/sqft
Source: MIBOR as distributed by MLS GRID #2003326 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,266 +23%	$188,400 +15.4%
2024	$2,656	$163,300 +23%
2023	$2,656 +11.3%	$132,800
2022	$2,386 +8.8%	$132,800 +11.3%
2021	$2,194 +12.4%	$119,300 +8.8%
2020	$1,952 +131.1%	$109,700 +12.4%
2019	$845 +8.5%	$97,600 +9.7%
2018	$778 +9.3%	$89,000 +7.5%
2017	$712 +15.3%	$82,800 +10.1%
2016	$617 -8.8%	$75,200 +0.8%
2014	$677 -2.8%	$74,600 +1.9%
2013	$697	$73,200 -4.8%
2012	$697	$76,900 +0.7%
2011	--	$76,400
2010	$703 -16.3%	$76,400 -15.4%
2009	$840	$90,300 -2.6%
2007	--	$92,700 -13.2%
2006	--	$106,800 +18%
2005	--	$90,500 -2.5%
2004	--	$92,800 -0.6%
2003	--	$93,400 +136.5%
2002	--	$39,500