722 Shepard St, Indianapolis, IN 46221
OFF MARKET

$122,700

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 1,152 sqft

722 Shepard St, Indianapolis, IN 46221

West Indianapolis
Est. Refi. Payment $807/mo*
Refinance Your Home
Currently Off Market - Sold Mar 4, 2004 for $24,000

Home Value

Trulia Estimate
$123K
Since last month
Decreased$7K (-5.3%)
Since last year
Decreased$3K (-2.3%)
Since last sale
Increased$99K (+411.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +175% in the last 10 years
MonthEstimated value
2026
August 2026$123K
August 2026$122K
July 2026$130K
June 2026$126K
May 2026$128K
April 2026$119K
March 2026$123K
February 2026$121K
January 2026$118K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
703 Kappes St, Indianapolis, IN
0.06
Single-Family Home
$110,000
10/07/25
2
1
1,740
2110 W McCarty St, Indianapolis, IN
0.24
Single-Family Home
$61,000
11/21/25
2
1
768
1822 W Wyoming St, Indianapolis, IN
0.16
Single-Family Home
$140,000
01/13/26
2
1
1,574
841 S Pershing Ave, Indianapolis, IN
0.38
Single-Family Home
$52,000
07/30/26
2
1
1,632
1860 W Wyoming St, Indianapolis, IN
0.17
Single-Family Home
$133,250
05/20/26
2
1
1,729
825 Kappes St, Indianapolis, IN
0.14
Single-Family Home
$161,500
08/24/26
3
2
1,440
1805 Lambert St, Indianapolis, IN
0.59
Single-Family Home
$47,000
09/19/25
3
1
1,488
118 Neal Ave, Indianapolis, IN
0.51
Single-Family Home
$26,000
06/10/26
2
1
450
821 S Tremont St, Indianapolis, IN
0.42
Single-Family Home
$105,000
12/19/25
3
1
1,639
833 S Tremont St, Indianapolis, IN
0.43
Single-Family Home
$79,000
11/24/25
2
1
993

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
710 S Shepard St, Indianapolis, IN 46221
0.02
$118,300
2
1
1,446
Off Market
703 Kappes St, Indianapolis, IN 46221
0.06
$110,400
2
1
1,740
Off Market
738 S Kappes St, Indianapolis, IN 46221
0.08
$115,400
2
1
1,440
Off Market
758 Shepard St, Indianapolis, IN 46221
0.07
$170,300
3
1
1,592
Off Market
703 S Hiatt St, Indianapolis, IN 46221
0.11
$102,000
2
1
720
Off Market
707 Hiatt St, Indianapolis, IN 46221
0.12
$157,600
2
1
1,452
Off Market
703 Hiatt St, Indianapolis, IN 46221
0.12
$111,200
2
1
1,440
Off Market
1623 Oliver Ave, Indianapolis, IN 46221
0.14
$158,600
2
1
744
Off Market
1621 Oliver Ave, Indianapolis, IN 46221
0.14
$104,900
2
1
1,080
For Sale
714 S Hiatt St, Indianapolis, IN 46221
0.14
$83,900
2
1
1,440
Off Market
755 S Hiatt St, Indianapolis, IN 46221
0.13
$85,100
2
1
1,446
Off Market
742 S Hiatt St, Indianapolis, IN 46221
0.15
$88,500
2
1
1,446
Off Market

Local Information

  • Map ViewExplore the area around 722 Shepard St.
  • Schools9 Preschool Schools12 Elementary Schools4 Middle Schools4 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1942
1,152 sqft
$107/sqft
Garage

About this House

This single-family home is located at 722 Shepard St, Indianapolis, IN. 722 Shepard St is in the West Indianapolis neighborhood in Indianapolis, IN and in ZIP code 46221. This property has 3 bedrooms, 1 bathroom and approximately 1,152 sqft of floor space. This property has a lot size of 6098 sqft and was built in 1942.
722 Shepard St, Indianapolis, IN 46221 is a 3 bedroom, 1 bathroom, 1,152 sqft single-family home in West Indianapolis, built in 1942. It last sold for $24,000 on Mar 4, 2004. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $122,700, with a rent estimate of $1,579/month.

Home Details for 722 Shepard St

Interior Features

Interior Details
BasementNumber of Rooms: 9Types of Rooms: Family Room
Levels, Entrance, & Accessibility
Stories: 1
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

Year Built
Year Built: 1942Year Updated: 1971
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 6316 sqft

Price and Tax history

DateEventPrice
Mar 4, 2004
Source: MIBOR as distributed by MLS GRID #2359585
Sold
$24,000

Market trends in Indianapolis

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$251K
$10KMoM
Sale-to-List Price
99.6%
0.3%MoM
Price per sq ft
$145
$3MoM
Available listings
4043
154MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

West Indianapolis
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about West Indianapolis

At least 41 Trulia users voted on each feature.

  • 88 % Say yards are well-kept

  • 83 % Say parking is easy

  • 81 % Say car is needed

  • 80 % Say there are sidewalks

  • 71 % Say there's holiday spirit

  • 70 % Say kids play outside

  • 63 % Say it's dog friendly

  • 48 % Say neighbors are friendly

  • 44 % Say they plan to stay for at least 5 years

  • 43 % Say it's walkable to restaurants

  • 43 % Say it's quiet

  • 42 % Say there's wildlife

  • 40 % Say people would walk alone at night

  • 34 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "We have family gatherings lots of kids runaround having fun playing and the park is walking distance and a good friendly neighborhood "
    0
    Flag
  • Trulia User
    "are able to walk the dogs freely people are friendly and all the dogs are very friendly no dogs are aggressive it is a really comfortable place to have your dog"
    0
    Flag
  • Trulia User
    "Most homes have fenced in back yards, and there are sidewalks so you don’t have to walk in the street."
    0
    Flag
  • Gee M.
    "Rhodes Park baseball season maryridges events westside clinic parades school 46 events with community "
    2
    Flag
  • Vlpeclet
    "Np at all in Neghibor hood People look out for each other’s especially if dogs get out Accidentally "
    0
    Flag
  • Jennifer T.
    "the traffic is ok until 3pm for rush hour. people drive like idiots in bad weather and nobody usually has insurance"
    0
    Flag
  • Robin Y.
    "I don’t know of any and have very heard of anyone , people have yard sales, that is all I know, we have a community center in the neighborhood they do events, and have a pantry, and they offer after school care I believe "
    0
    Flag
  • Amanda Jayne
    "I've always lived in this area. Just like everywhere else, we have our good people and bad people. There is a neighborhood center within walking distance. A park is just a few blocks away. There is a Family Dollar and Dollar General within walking distance."
    43
    Flag
  • Foreverstrong235
    "it is a nice neighborhood we like it very much but would love to expand our horizon.................... "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 722 Shepard St

  • What is 722 Shepard St estimated to be worth?
    Trulia's estimated value for 722 Shepard St in Indianapolis, IN is $122,700.
  • What is the price history for 722 Shepard St?
    722 Shepard St in Indianapolis, IN last sold for $24,000 in March 2004.
  • Is Indianapolis a buyer's or seller's market?
    Indianapolis is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Indianapolis?
    The median sale price in Indianapolis is $251K. That is up $10K from the prior month.
  • Does 722 Shepard St have air conditioning?
    Yes, 722 Shepard St in Indianapolis, IN has air conditioning.
  • How big is the lot at 722 Shepard St?
    The lot at 722 Shepard St in Indianapolis, IN is about 0.14 acres (6,098 sq ft).

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Apartments for Rent

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Off Market Homes Near 722 Shepard St

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