8516 Palo Verde Ter, Indianapolis, IN 46227
Home value
$75,000
$71,000 - $79,000
$1,530/mo
Owner options
$1,530/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,530/mo
Rent Zestimate®
$673/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$673/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Miranda Schubert 317-989-8251,
Weichert REALTORS® Cooper Group Indy,
Brittany Stearman 317-979-1699,
Weichert REALTORS® Cooper Group Indy
Melanie Balog
Real Broker, LLC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Other
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17x15
Family room
- Level: Main
- Area: 312 Square Feet
- Dimensions: 26x12
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 18x8
Laundry
- Level: Main
- Area: 30 Square Feet
- Dimensions: 6x5
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Disposal, MicroHood, Electric Oven, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Ceiling Fan(s), Eat-in Kitchen, Pantry, Smart Thermostat, Walk-In Closet(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room, Wood Burning
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 1,544
- Total interior livable area: 1,544 sqft
Property
Parking
- Total spaces: 1
- Parking features: Attached, Common, Asphalt, Garage Door Opener
- Attached garage spaces: 1
- Details: Garage Parking Other(Common Lot)
Features
- Levels: One
- Stories: 1
- Entry location: Building Private Entry,Upper Level
- Patio & porch: Covered, Deck
- Exterior features: Balcony
Lot
- Features: Cul-De-Sac, Street Lights
Details
- Parcel number: 491520104213000500
- Special conditions: As Is
- Horse amenities: None
Construction
Type & style
- Home type: Condo
- Architectural style: Traditional
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Electric: 100 Amp Service
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Features: None
- Security: Smoke Detector(s)
- Subdivision: Casa De Prado
HOA
- Has HOA: Yes
- Amenities included: Maintenance, Maintenance Grounds, Management, Snow Removal
- Services included: Maintenance Grounds, Maintenance, Management, Snow Removal
- HOA fee: $296 monthly
- HOA phone: 317-852-2426
Location
- Region: Indianapolis
Financial & listing details
- Price per square foot: $49/sqft
- Tax assessed value: $133,400
- Annual tax amount: $1,358
- Date on market: 8/12/2026
- Cumulative days on market: 6 days
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 9/11/2026 | Sold | $75,000-6.3%$49/sqft |
Source: | ||
| 8/17/2026 | Pending sale | $80,000$52/sqft |
Source: | ||
| 8/12/2026 | Listed for sale | $80,000+36.8%$52/sqft |
Source: | ||
| 12/19/2008 | Sold | $58,500-10%$38/sqft |
Source: | ||
| 5/23/2008 | Listing removed | $65,000$42/sqft |
Source: Century 21 #2816744 Report a problem | ||
| 4/5/2008 | Listed for sale | $65,000$42/sqft |
Source: Century 21 #2816744 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,296 +3.6% | $133,400 +8.1% |
| 2024 | $1,250 +15.5% | $123,400 -0.5% |
| 2023 | $1,083 +89% | $124,000 +12.7% |
| 2022 | $573 +21.9% | $110,000 +39.2% |
| 2021 | $470 +7.9% | $79,000 +10.3% |
| 2020 | $436 +28.7% | $71,600 +6.5% |
| 2019 | $339 -20.9% | $67,200 +23.8% |
| 2018 | $428 +15.7% | $54,300 -12% |
| 2017 | $370 +23.1% | $61,700 +18.9% |
| 2016 | $300 -11.6% | $51,900 -10.2% |
| 2014 | $340 -1.3% | $57,800 |
| 2013 | $344 | $57,800 +1.8% |
| 2012 | $344 | $56,800 -5.8% |
| 2011 | -- | $60,300 -5% |
| 2010 | $339 +26.7% | $63,500 |
| 2009 | $268 | $63,500 -6.5% |
| 2007 | -- | $67,900 +0.1% |
| 2006 | -- | $67,800 |
| 2005 | -- | $67,800 |
| 2004 | -- | $67,800 |
| 2003 | -- | $67,800 +81.3% |
| 2002 | -- | $37,400 +199.9% |
| 2001 | -- | $12,470 |
| 2000 | -- | $12,470 |
Neighborhood: South Perry
Nearby homes
- $--4 bd2 ba1.6k sqft8510 Palo Verde Dr UNIT 41D, Indianapolis, IN 46227Off Market

- $101,5003 bd1 ba1.5k sqft8520 Palo Verde Ter, Indianapolis, IN 46227Off Market
- $114,0004 bd1 ba1.6k sqft8510 Palo Verde Ter, Indianapolis, IN 46227Off Market
- $117,7004 bd2 ba1.6k sqft8510 Palo Verde Ter #41D, Indianapolis, IN 46227Off Market

- $82,3002 bd1 ba966 sqft8514 Palo Verde Ter, Indianapolis, IN 46227Off Market
- $87,6003 bd1 ba1k sqft8512 Palo Verde Ter, Indianapolis, IN 46227Off Market
- $103,5002 bd0 ba966 sqft8522 Palo Verde Ter, Indianapolis, IN 46227Off Market
- $101,5003 bd1 ba1.5k sqft8526 Palo Verde Dr, Indianapolis, IN 46227Off Market
Nearby schools
GreatSchools rating
- 3/10Winchester Village Elementary SchoolGrades: 1-5Distance: 0.6 mi
- 4/10Southport 6th Grade AcademyGrades: 6Distance: 2.8 mi
- 5/10Southport High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Winchester Village Elementary
- Middle: Southport Middle School
- High: Southport High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
Get a cash offer in 3 minutes
- Indiana
- Marion County
- Indianapolis
- 46227
- South Perry
- 8516 Palo Verde Ter