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479 State Road 261

Boonville, IN 47601

4 bd 3 ba 3,507 sqft Built 1974 Lot 80,455 sqft single_family
Most recent sale
$501,000
Dec 4, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 4, 2023 Sold $501,000 IRMLS
Sep 27, 2023 Price changed $519,900 IRMLS
Aug 11, 2023 Price changed $539,000 IRMLS
Jul 21, 2023 Price changed $549,000 IRMLS
Jun 17, 2023 Listed $569,000 IRMLS
Sep 12, 2022 Sold $200,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $343,100 $47,100 $390,200 $3,981
2022 $245,300 $33,900 $279,200 $2,980
2021 $194,400 $33,900 $228,300 $2,447
2020 $169,000 $27,300 $196,300 $2,229
2019 $181,900 $27,300 $209,200 $2,358
2018 $168,600 $27,300 $195,900 $1,811
2017 $151,400 $27,300 $178,700 $1,741
2016 $153,100 $27,300 $180,400 $1,597
2015 $158,300 $27,300 $185,600 $1,589
2013 $159,800 $27,300 $187,100 $1,583
2012 $146,900 $27,300 $174,200 $1,478
2011 $146,100 $28,500 $174,600 $1,521
2010 $146,100 $36,300 $182,400 $1,365

Property facts

Year built
1974
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,507 sqft
Lot size
80,455 sqft
ZIP code
47601
City
Boonville
Street
State Road 261
Coordinates
38.03430, -87.32315

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,261
Gross rental yield
12.60%
Implied cap rate
8.19%
Trend-extrapolated value

Frequently asked questions

When did 479 State Road 261 last sell?
479 State Road 261 most recently sold on Dec 4, 2023 for $501,000.
What is the current tax assessment for 479 State Road 261?
The most recent total assessment for 479 State Road 261 (year 2024) is $390,200 with $3,981 in property tax.
How does 479 State Road 261's assessment compare to its last sale price?
The current assessment is 22.1% below the last sale price of $501,000.
When was 479 State Road 261 built?
479 State Road 261 was built in 1974.
How does 479 State Road 261 compare to others on State Road 261?
We track 3 other properties on State Road 261. Browse the list under "Other properties on State Road 261" to compare beds, baths, and sale history.
What are the property facts for 479 State Road 261?
479 State Road 261 is a 4 bed, 3 bath, 3,507 sqft, 80,455 sqft lot single_family.
Is 479 State Road 261 a flip candidate?
Yes — 479 State Road 261 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 479 State Road 261 a tax-appeal candidate?
No — 479 State Road 261 is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.7%
Implied 1-yr
-22.9%
2026 Q3
$264.4K
2026 Q4
$264.4K
ZIP 47601 — Median Price History + Forecast

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