4721 N Capitol Ave
Listing Price
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
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 $-22/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-21 | Price change | $350,000 | $88 |
| 2026-08-25 | Listed for sale | $400,000 | $101 |
| 2026-06-30 | Listing removed | $0 | – |
| 2026-05-11 | Listed for sale | $429,100 | $108 |
| 2022-08-19 | Listing removed | $0 | – |
| 2022-07-19 | Listed for rent | $2,700 | $1 |
| 2019-07-18 | Listing removed | $267,561 | $67 |
| 2019-07-17 | Price change | $267,561 | $67 |
| 2019-07-15 | Price change | $268,208 | $68 |
| 2019-07-11 | Price change | $268,591 | $68 |
| 2019-07-09 | Price change | $268,726 | $68 |
| 2019-07-06 | Price change | $268,238 | $68 |
| 2019-07-04 | Price change | $267,131 | $67 |
| 2019-07-01 | Price change | $267,461 | $67 |
| 2019-06-29 | Price change | $267,106 | $67 |
| 2019-06-26 | Price change | $271,969 | $69 |
| 2019-06-23 | Price change | $272,263 | $69 |
| 2019-06-21 | Listed for sale | $0 | – |
| 2013-10-17 | Listing removed | $1,500 | – |
| 2013-10-15 | Listed for rent | $1,500 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $8,025.48 | $385,000 |
| 2024 | $7,770.66 | $338,200 |
| 2023 | $7,708.66 | $327,600 |
| 2022 | $7,370.56 | $326,500 |
| 2021 | $6,395.96 | $319,500 |
| 2020 | $6,596.08 | $276,200 |
| 2019 | $7,573.66 | $279,400 |
| 2018 | $6,378.24 | $286,600 |
| 2017 | $6,220.76 | $298,900 |
| 2016 | $6,411.48 | $294,400 |
| 2014 | $6,239.82 | $288,600 |
| 2013 | $4,782.72 | $214,200 |
| 2012 | $4,782.72 | $213,200 |
| 2011 | $0 | $194,600 |
| 2010 | $4,182.74 | $201,200 |
| 2009 | $4,394.54 | $206,200 |
| 2007 | $0 | $214,200 |
| 2006 | $0 | $270,600 |
| 2005 | $0 | $191,100 |
| 2004 | $0 | $191,100 |
| 2003 | $0 | $191,100 |
| 2002 | $0 | $54,300 |
| 2001 | $0 | $18,100 |
| 2000 | $0 | $18,100 |
Similar Properties Nearby
Explore other investment opportunities in Indianapolis.