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401 Main St

Bourbon, IN 46504

3 bd 1 ba 1,962 sqft Built 1954 Lot 17,424 sqft single_family
Most recent sale
$159,750
Jul 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 5, 2022 Sold $159,750 Public Record
Jun 30, 2022 Sold $142,000 IRMLS
Apr 27, 2022 Listed $155,000 MLS #202214987

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $113,600 $11,000 $124,600 $1,384
2024 $113,600 $11,000 $124,600 $1,246
2023 $94,200 $11,000 $105,200 $1,246
2022 $77,400 $9,200 $86,600 $1,052
2021 $78,100 $9,400 $87,500 $866
2020 $78,100 $9,400 $87,500 $875
2019 $71,600 $8,700 $80,300 $789
2018 $68,700 $8,300 $77,000 $714
2017 $67,700 $8,300 $76,000 $654
2016 $69,200 $8,300 $77,500 $600
2015 $67,900 $8,400 $76,300 $594
2014 $70,700 $8,400 $79,100 $622
2013 $70,700 $8,300 $79,000 $586
2012 $67,200 $7,700 $74,900 $559
2011 $77,000 $5,300 $82,300 $581
2010 $80,000 $5,500 $85,500 $579
2009 $81,500 $5,500 $87,000 $501
2008 $81,500 $5,500 $87,000 $399

Property facts

Year built
1954
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,962 sqft
Lot size
17,424 sqft
ZIP code
46504
City
Bourbon
Street
Main St
Coordinates
41.29264, -86.11588

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$959
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 401 Main St last sell?
401 Main St most recently sold on Jul 5, 2022 for $159,750.
What is the current tax assessment for 401 Main St?
The most recent total assessment for 401 Main St (year 2025) is $124,600 with $1,384 in property tax.
How does 401 Main St's assessment compare to its last sale price?
The current assessment is 22.0% below the last sale price of $159,750.
When was 401 Main St built?
401 Main St was built in 1954.
How does 401 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 401 Main St?
401 Main St is a 3 bed, 1 bath, 1,962 sqft, 17,424 sqft lot single_family.
Is 401 Main St a flip candidate?
No — 401 Main St does not appear in our flips dataset.
Is 401 Main St a tax-appeal candidate?
No — 401 Main St 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
+0.6%
Implied 1-yr
+2.2%
2026 Q1
$210K
2026 Q2
$210K
ZIP 46504 — Median Price History + Forecast

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