12162 Pearl Bay Rdg
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Amy Beverland Elementary School
Belzer Middle School
Lawrence Central High School
Indianapolis, IN Investment Analysis (2026)
Cap Rate: 5.03% · Median Rent: $1,850/mo · Effective Tax: 0.81%
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $384/mo net cash flow with a 6.4% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.4%)
- • Strong rental demand in Indianapolis
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-12 | Listed for sale | $2,199,900 | $317 |
| 2023-07-10 | Sold | $1,950,000 | $281 |
| 2023-06-07 | Pending sale | $1,790,000 | $258 |
| 2023-05-26 | Listed for sale | $1,790,000 | $258 |
| 2012-09-14 | Sold | $785,000 | $113 |
| 2011-07-21 | Listed for sale | $895,000 | $129 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $16,812.58 | $1,645,300 |
| 2024 | $13,377.02 | $1,504,300 |
| 2023 | $12,072.38 | $1,178,300 |
| 2022 | $11,743.68 | $1,046,300 |
| 2021 | $11,444 | $1,000,400 |
| 2020 | $10,283.82 | $963,200 |
| 2019 | $10,340 | $1,000,400 |
| 2018 | $8,672.88 | $1,000,000 |
| 2017 | $8,871.3 | $837,800 |
| 2016 | $8,748.06 | $845,400 |
| 2014 | $8,418.78 | $814,400 |
| 2013 | $8,236.56 | $814,400 |
| 2012 | $8,236.56 | $796,700 |
| 2011 | $0 | $818,500 |
| 2010 | $8,550.72 | $818,500 |
| 2009 | $8,498.82 | $818,500 |
| 2007 | $0 | $844,400 |
| 2006 | $0 | $908,900 |
| 2005 | $0 | $698,100 |
| 2004 | $0 | $698,100 |
| 2003 | $0 | $698,100 |
| 2002 | $0 | $367,600 |
| 2001 | $0 | $122,540 |
| 2000 | $0 | $122,540 |
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