405 Michigan St
Fortville, IN 46040
2 bd 2 ba 1,064 sqft Built 1940 Lot 5,401 sqft single_family
Most recent sale
$235,000
May 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 2, 2022 | Sold | $235,000 | Public Record |
| Mar 31, 2022 | Listed | $210,000 | MLS #21845952 |
| Sep 16, 2016 | Listing removed | $124,900 | MIBOR |
| Aug 29, 2016 | Sold | $114,000 | Public Record |
| Jul 25, 2016 | Listed | $124,900 | MLS #21432399 |
| Mar 24, 2016 | Sold | $28,000 | Public Record |
| Mar 21, 2016 | Listing removed | $39,000 | MIBOR |
| Feb 11, 2016 | Relisted | $39,000 | MLS #21370038 |
| Feb 6, 2016 | Listing removed | $39,000 | MIBOR |
| Jan 13, 2016 | Price changed | $39,000 | MLS #21370038 |
| Oct 12, 2015 | Price changed | $47,000 | MLS #21370038 |
| Aug 10, 2015 | Listed | $90,000 | MLS #21370038 |
| Nov 3, 2005 | Sold | $83,790 | Public Record |
| Dec 13, 2002 | Sold | $45,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $165,000 | $15,600 | $180,600 | $1,751 |
| 2024 | $165,000 | $15,600 | $180,600 | $1,891 |
| 2023 | $162,200 | $15,600 | $177,800 | $1,964 |
| 2022 | $84,700 | $10,900 | $95,600 | $1,285 |
| 2021 | $84,300 | $10,900 | $95,200 | $936 |
| 2020 | $78,800 | $10,900 | $89,700 | $824 |
| 2019 | $71,600 | $10,900 | $82,500 | $562 |
| 2018 | $71,700 | $10,900 | $82,600 | $568 |
| 2017 | $68,900 | $10,900 | $79,800 | $568 |
| 2016 | $53,500 | $10,400 | $63,900 | $383 |
| 2015 | $53,500 | $10,000 | $63,500 | $490 |
| 2014 | $51,500 | $10,000 | $61,500 | $481 |
| 2013 | $49,400 | $10,000 | $59,400 | $414 |
| 2012 | $48,400 | $10,000 | $58,400 | $389 |
| 2011 | $51,100 | $10,000 | $61,100 | $400 |
| 2010 | $52,000 | $10,100 | $62,100 | $412 |
| 2009 | $52,000 | $11,300 | $63,300 | $371 |
| 2008 | $54,000 | $11,600 | $65,600 | $488 |
Property facts
Year built
1940
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,064 sqft
Lot size
5,401 sqft
ZIP code
46040
City
Fortville
Street
Michigan St
Coordinates
39.93760, -85.84618
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,596
Gross rental yield
8.15%
Implied cap rate
5.30%
Trend-extrapolated value
—
Frequently asked questions
When did 405 Michigan St last sell?
405 Michigan St most recently sold on May 2, 2022 for $235,000.
What is the current tax assessment for 405 Michigan St?
The most recent total assessment for 405 Michigan St (year 2025) is $180,600 with $1,751 in property tax.
How does 405 Michigan St's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $235,000.
When was 405 Michigan St built?
405 Michigan St was built in 1940.
How does 405 Michigan St compare to others on Michigan St?
We track 8 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 405 Michigan St?
405 Michigan St is a 2 bed, 2 bath, 1,064 sqft, 5,401 sqft lot single_family.
Is 405 Michigan St a flip candidate?
No — 405 Michigan St does not appear in our flips dataset.
Is 405 Michigan St a tax-appeal candidate?
No — 405 Michigan 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
-6.7%
Implied 1-yr
-26.6%
2026 Q3
$453.8K
2026 Q4
$453.8K
ZIP 46040 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan St