122 E 51st St
Listing Price
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Nearby Schools
Educational options and performance ratings in the area.
Center for Inquiry School 70
Broad Ripple Middle School - An IB World School
Shortridge 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 $24/mo net cash flow with a 6.3% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
- • Favorable cap rate profile (6.3%)
- • 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 |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $365,000 | $136 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,766.28 | $332,800 |
| 2024 | $3,848.78 | $314,500 |
| 2023 | $3,756.62 | $319,200 |
| 2022 | $3,197.28 | $308,300 |
| 2021 | $3,358.5 | $269,300 |
| 2020 | $3,358.96 | $281,500 |
| 2019 | $6,403.96 | $276,000 |
| 2018 | $2,706.58 | $267,900 |
| 2017 | $2,654.96 | $246,600 |
| 2016 | $2,675.1 | $242,200 |
| 2014 | $2,446.04 | $221,900 |
| 2013 | $2,422.96 | $229,000 |
| 2012 | $2,422.96 | $211,200 |
| 2011 | $0 | $185,100 |
| 2010 | $1,970.08 | $185,100 |
| 2009 | $2,057.74 | $189,800 |
| 2007 | $0 | $179,700 |
| 2006 | $0 | $180,500 |
| 2005 | $0 | $146,400 |
| 2004 | $0 | $146,400 |
| 2003 | $0 | $146,400 |
| 2002 | $0 | $38,700 |
| 2001 | $0 | $12,900 |
| 2000 | $0 | $12,900 |
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