1505 Heather Ln
Covington, IN 47932
3 bd 1 ba 1,464 sqft Built 1978 Lot 12,767 sqft single_family
Most recent sale
$175,444
Apr 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 26, 2022 | Sold | $175,444 | Public Record |
| Apr 15, 2022 | Sold | $175,000 | IRMLS |
| Oct 31, 2021 | Price changed | $183,500 | MLS #202143898 |
| Oct 19, 2021 | Listed | $193,500 | MLS #202143898 |
| Nov 18, 2014 | Sold | $172,600 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $112,900 | $38,000 | $150,900 | $1,401 |
| 2022 | $84,200 | $32,500 | $116,700 | $941 |
| 2021 | $75,200 | $22,800 | $98,000 | $820 |
| 2020 | $69,100 | $18,500 | $87,600 | $674 |
| 2019 | $60,800 | $18,500 | $79,300 | $540 |
| 2018 | $55,100 | $18,800 | $73,900 | $489 |
| 2017 | $51,800 | $18,800 | $70,600 | $449 |
| 2016 | $54,900 | $18,800 | $73,700 | $438 |
| 2015 | $59,400 | $26,800 | $86,200 | $453 |
| 2014 | $58,900 | $26,800 | $85,700 | $370 |
| 2013 | $58,900 | $26,800 | $85,700 | $379 |
| 2012 | $58,200 | $26,800 | $85,000 | $363 |
| 2011 | $72,400 | $16,600 | $89,000 | $453 |
| 2010 | $72,400 | $16,600 | $89,000 | $418 |
| 2009 | $72,400 | $16,600 | $89,000 | $405 |
| 2008 | $79,600 | $16,600 | $96,200 | $437 |
Property facts
Year built
1978
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,464 sqft
Lot size
12,767 sqft
ZIP code
47932
City
Covington
Street
Heather Ln
Coordinates
40.14100, -87.37972
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
$1,053
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1505 Heather Ln last sell?
1505 Heather Ln most recently sold on Apr 26, 2022 for $175,444.
What is the current tax assessment for 1505 Heather Ln?
The most recent total assessment for 1505 Heather Ln (year 2024) is $150,900 with $1,401 in property tax.
How does 1505 Heather Ln's assessment compare to its last sale price?
The current assessment is 14.0% below the last sale price of $175,444.
When was 1505 Heather Ln built?
1505 Heather Ln was built in 1978.
How does 1505 Heather Ln compare to others on Heather Ln?
We track 5 other properties on Heather Ln. Browse the list under "Other properties on Heather Ln" to compare beds, baths, and sale history.
What are the property facts for 1505 Heather Ln?
1505 Heather Ln is a 3 bed, 1 bath, 1,464 sqft, 12,767 sqft lot single_family.
Is 1505 Heather Ln a flip candidate?
No — 1505 Heather Ln does not appear in our flips dataset.
Is 1505 Heather Ln a tax-appeal candidate?
No — 1505 Heather Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.0%
Implied 1-yr
+19.8%
2026 Q2
$548.4K
2026 Q3
$548.4K
ZIP 47932 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Heather Ln