255 Mechanic St
Bloomfield, IN 47424
2 bd 1 ba 944 sqft Built 1922 Lot 8,712 sqft single_family
Most recent sale
$102,500
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $102,500 | IRMLS |
| Feb 19, 2024 | Listed | $119,500 | IRMLS |
| Jan 26, 2017 | Sold | $68,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $70,100 | $8,300 | $78,400 | $392 |
| 2024 | $54,600 | $8,300 | $62,900 | $411 |
| 2022 | $55,700 | $8,300 | $64,000 | $416 |
| 2021 | $51,500 | $8,300 | $59,800 | $430 |
| 2020 | $51,500 | $8,300 | $59,800 | $407 |
| 2019 | $48,900 | $8,300 | $57,200 | $400 |
| 2018 | $48,100 | $8,300 | $56,400 | $389 |
| 2017 | $49,200 | $8,200 | $57,400 | $367 |
| 2016 | $48,700 | $8,200 | $56,900 | $1,160 |
| 2015 | $48,000 | $8,200 | $56,200 | $1,150 |
| 2013 | $45,900 | $8,300 | $54,200 | $1,256 |
| 2012 | $46,300 | $8,300 | $54,600 | $1,092 |
| 2011 | $47,000 | $4,100 | $51,100 | $1,022 |
| 2010 | $37,400 | $4,100 | $41,500 | $830 |
| 2008 | $36,000 | $4,100 | $40,100 | $953 |
Property facts
Year built
1922
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
944 sqft
Lot size
8,712 sqft
ZIP code
47424
City
Bloomfield
Street
Mechanic St
Coordinates
39.02468, -86.93536
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$615
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 255 Mechanic St last sell?
255 Mechanic St most recently sold on Apr 5, 2024 for $102,500.
What is the current tax assessment for 255 Mechanic St?
The most recent total assessment for 255 Mechanic St (year 2025) is $78,400 with $392 in property tax.
How does 255 Mechanic St's assessment compare to its last sale price?
The current assessment is 23.5% below the last sale price of $102,500.
When was 255 Mechanic St built?
255 Mechanic St was built in 1922.
How does 255 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 255 Mechanic St?
255 Mechanic St is a 2 bed, 1 bath, 944 sqft, 8,712 sqft lot single_family.
Is 255 Mechanic St a flip candidate?
No — 255 Mechanic St does not appear in our flips dataset.
Is 255 Mechanic St a tax-appeal candidate?
No — 255 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