246 Pratt Ln
Covington, IN 47932
3 bd 3 ba 1,950 sqft Built 2022 Lot 23,087 sqft single_family
Most recent sale
$409,500
Aug 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2025 | Sold | $385,000 | IRMLS |
| Apr 8, 2025 | Listed | $395,000 | MIBOR |
| Aug 26, 2022 | Sold | $409,500 | Public Record |
| Aug 19, 2022 | Sold | $364,000 | MIBOR |
| May 14, 2022 | Listed | $364,000 | MLS #21855539 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $227,400 | $46,300 | $273,700 | $1,773 |
| 2022 | — | $7,700 | $7,700 | $65 |
| 2021 | — | $7,700 | $7,700 | $124 |
| 2020 | — | $5,800 | $5,800 | $97 |
| 2019 | — | $5,800 | $5,800 | $96 |
| 2018 | — | $5,800 | $5,800 | $96 |
| 2017 | — | $5,800 | $5,800 | $89 |
| 2016 | — | $5,800 | $5,800 | $82 |
| 2015 | — | $5,800 | $5,800 | $83 |
| 2014 | — | $5,800 | $5,800 | $84 |
| 2013 | — | $5,800 | $5,800 | $87 |
| 2012 | — | $4,600 | $4,600 | $68 |
| 2011 | — | $9,500 | $9,500 | $159 |
| 2010 | — | $9,500 | $9,500 | $10 |
| 2009 | — | $500 | $500 | $8 |
| 2008 | — | $500 | $500 | $8 |
Property facts
Year built
2022
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,950 sqft
Lot size
23,087 sqft
ZIP code
47932
City
Covington
Street
Pratt Ln
Coordinates
40.12049, -87.39732
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,925
Gross rental yield
8.57%
Implied cap rate
5.57%
Trend-extrapolated value
—
Frequently asked questions
When did 246 Pratt Ln last sell?
246 Pratt Ln most recently sold on Aug 26, 2022 for $409,500.
What is the current tax assessment for 246 Pratt Ln?
The most recent total assessment for 246 Pratt Ln (year 2024) is $273,700 with $1,773 in property tax.
How does 246 Pratt Ln's assessment compare to its last sale price?
The current assessment is 33.2% below the last sale price of $409,500.
When was 246 Pratt Ln built?
246 Pratt Ln was built in 2022.
How does 246 Pratt Ln compare to others on Pratt Ln?
We do not currently track other properties on Pratt Ln.
What are the property facts for 246 Pratt Ln?
246 Pratt Ln is a 3 bed, 3 bath, 1,950 sqft, 23,087 sqft lot single_family.
Is 246 Pratt Ln a flip candidate?
No — 246 Pratt Ln does not appear in our flips dataset.
Is 246 Pratt Ln a tax-appeal candidate?
No — 246 Pratt 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
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Geography