425 Michigan St
Fortville, IN 46040
3 bd 1 ba 1,092 sqft Built 1947 Lot 5,401 sqft single_family
Most recent sale
$257,000
Jun 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 13, 2022 | Sold | $257,000 | Public Record |
| Jun 10, 2022 | Sold | $217,000 | MIBOR |
| May 8, 2022 | Listed | $215,000 | MLS #21853939 |
| Dec 30, 2021 | Sold | $52,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $168,900 | $15,600 | $184,500 | $1,799 |
| 2024 | $168,900 | $15,600 | $184,500 | $1,864 |
| 2023 | $159,800 | $15,600 | $175,400 | $2,211 |
| 2022 | $51,300 | $10,900 | $62,200 | $862 |
| 2021 | $59,900 | $10,900 | $70,800 | $611 |
| 2020 | $56,400 | $10,900 | $67,300 | $598 |
| 2019 | $46,900 | $10,900 | $57,800 | $444 |
| 2018 | $50,300 | $10,900 | $61,200 | $478 |
| 2017 | $47,900 | $10,900 | $58,800 | $481 |
| 2016 | $47,400 | $10,400 | $57,800 | $477 |
| 2015 | $47,400 | $10,000 | $57,400 | $498 |
| 2014 | $44,900 | $10,000 | $54,900 | $483 |
| 2013 | $45,800 | $10,000 | $55,800 | $514 |
| 2012 | $45,400 | $10,000 | $55,400 | $506 |
| 2011 | $44,500 | $10,000 | $54,500 | $404 |
| 2010 | $43,400 | $10,100 | $53,500 | $415 |
| 2009 | $43,400 | $11,300 | $54,700 | $418 |
| 2008 | $44,500 | $11,600 | $56,100 | $504 |
Property facts
Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,092 sqft
Lot size
5,401 sqft
ZIP code
46040
City
Fortville
Street
Michigan St
Coordinates
39.93762, -85.84537
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,638
Gross rental yield
7.65%
Implied cap rate
4.97%
Trend-extrapolated value
—
Frequently asked questions
When did 425 Michigan St last sell?
425 Michigan St most recently sold on Jun 13, 2022 for $257,000.
What is the current tax assessment for 425 Michigan St?
The most recent total assessment for 425 Michigan St (year 2025) is $184,500 with $1,799 in property tax.
How does 425 Michigan St's assessment compare to its last sale price?
The current assessment is 28.2% below the last sale price of $257,000.
When was 425 Michigan St built?
425 Michigan St was built in 1947.
How does 425 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 425 Michigan St?
425 Michigan St is a 3 bed, 1 bath, 1,092 sqft, 5,401 sqft lot single_family.
Is 425 Michigan St a flip candidate?
Yes — 425 Michigan St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 425 Michigan St a tax-appeal candidate?
No — 425 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
-6.4%
Implied 1-yr
-25.8%
2026 Q3
$474.9K
2026 Q4
$474.9K
ZIP 46040 — Median Price History + Forecast
Explore nearby
Geography
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