220 Mechanic St
Bloomfield, IN 47424
2 bd 1 ba 693 sqft Built 1962 Lot 3,485 sqft single_family
Most recent sale
$109,847
Jul 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 28, 2022 | Sold | $109,847 | Public Record |
| Jul 15, 2022 | Sold | $87,500 | IRMLS |
| Jun 1, 2022 | Listed | $85,000 | MLS #202221227 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $32,300 | $3,700 | $36,000 | $235 |
| 2022 | $34,200 | $3,700 | $37,900 | $180 |
| 2021 | $31,400 | $3,700 | $35,100 | $717 |
| 2020 | $29,900 | $3,700 | $33,600 | $687 |
| 2019 | $29,900 | $3,700 | $33,600 | $686 |
| 2018 | $28,400 | $3,700 | $32,100 | $657 |
| 2017 | $28,100 | $3,700 | $31,800 | $650 |
| 2016 | $28,000 | $3,700 | $31,700 | $648 |
| 2015 | $27,700 | $3,700 | $31,400 | $641 |
| 2014 | $27,300 | $3,700 | $31,000 | $621 |
| 2013 | $26,100 | $3,700 | $29,800 | $691 |
| 2012 | $28,600 | $3,700 | $32,300 | $648 |
| 2011 | $27,400 | $1,800 | $29,200 | $189 |
| 2010 | $20,400 | $1,800 | $22,200 | $141 |
| 2009 | $20,400 | $1,800 | $22,200 | $121 |
| 2008 | $19,600 | $1,800 | $21,400 | $154 |
Property facts
Year built
1962
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
693 sqft
Lot size
3,485 sqft
ZIP code
47424
City
Bloomfield
Street
Mechanic St
Coordinates
39.02517, -86.93578
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,040
Gross rental yield
11.36%
Implied cap rate
7.38%
Trend-extrapolated value
—
Frequently asked questions
When did 220 Mechanic St last sell?
220 Mechanic St most recently sold on Jul 28, 2022 for $109,847.
What is the current tax assessment for 220 Mechanic St?
The most recent total assessment for 220 Mechanic St (year 2024) is $36,000 with $235 in property tax.
How does 220 Mechanic St's assessment compare to its last sale price?
The current assessment is 67.2% below the last sale price of $109,847.
When was 220 Mechanic St built?
220 Mechanic St was built in 1962.
How does 220 Mechanic St compare to others on Mechanic St?
We track 8 other properties on Mechanic St. Browse the list under "Other properties on Mechanic St" to compare beds, baths, and sale history.
What are the property facts for 220 Mechanic St?
220 Mechanic St is a 2 bed, 1 bath, 693 sqft, 3,485 sqft lot single_family.
Is 220 Mechanic St a flip candidate?
Yes — 220 Mechanic St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 220 Mechanic St a tax-appeal candidate?
No — 220 Mechanic St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.2%
2026 Q3
$173.1K
2026 Q4
$171.1K
ZIP 47424 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mechanic St