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4040 Magnolia Dr

Franklin, IN 46131

3 bd 1 ba 1,023 sqft Built 2000 Lot 7,405 sqft single_family
Most recent sale
$210,000
Jun 14, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2025 Listing removed $86,900 MIBOR
Jun 14, 2024 Sold $210,000 Public Record
Jun 7, 2024 Sold $210,000 MIBOR
Jun 7, 2024 Listing removed $210,000 MIBOR
May 6, 2024 Listed $210,000 MIBOR
Apr 29, 2024 Sold $201,500 Public Record
Apr 2, 2020 Sold $140,000 Public Record
Mar 27, 2020 Sold $140,000 MIBOR
Mar 27, 2020 Listing removed $149,999 MIBOR
Jan 7, 2020 Listed $149,999 MIBOR
Jun 24, 2009 Sold $74,900 Public Record
Jun 5, 2009 Listing removed $74,900 MIBOR
Apr 29, 2008 Listed $74,900 MIBOR
Feb 22, 2008 Sold $99,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $165,900 $32,000 $197,900 $1,864
2023 $147,200 $32,000 $179,200 $1,716
2022 $132,700 $32,000 $164,700 $1,576
2021 $124,700 $28,200 $152,900 $1,346
2020 $102,400 $28,200 $130,600 $1,261
2019 $93,800 $28,200 $122,000 $1,121
2018 $98,800 $10,000 $108,800 $1,061
2017 $91,800 $10,000 $101,800 $925
2016 $80,500 $10,000 $90,500 $798
2015 $73,400 $10,000 $83,400 $664
2014 $58,500 $14,700 $73,200 $605
2013 $60,400 $14,700 $75,100 $633
2012 $65,100 $14,700 $79,800 $744
2011 $62,100 $16,600 $78,700 $692
2009 $60,500 $16,600 $77,100 $1,927
2008 $57,500 $16,600 $74,100 $706

Property facts

Year built
2000
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,023 sqft
Lot size
7,405 sqft
ZIP code
46131
City
Franklin
Street
Magnolia Dr
Coordinates
39.53643, -86.09000

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
$1,535
Gross rental yield
8.77%
Implied cap rate
5.70%
Trend-extrapolated value

Frequently asked questions

When did 4040 Magnolia Dr last sell?
4040 Magnolia Dr most recently sold on Jun 14, 2024 for $210,000.
What is the current tax assessment for 4040 Magnolia Dr?
The most recent total assessment for 4040 Magnolia Dr (year 2024) is $197,900 with $1,864 in property tax.
How does 4040 Magnolia Dr's assessment compare to its last sale price?
The current assessment is 5.8% below the last sale price of $210,000.
When was 4040 Magnolia Dr built?
4040 Magnolia Dr was built in 2000.
How does 4040 Magnolia Dr compare to others on Magnolia Dr?
We track 8 other properties on Magnolia Dr. Browse the list under "Other properties on Magnolia Dr" to compare beds, baths, and sale history.
What are the property facts for 4040 Magnolia Dr?
4040 Magnolia Dr is a 3 bed, 1 bath, 1,023 sqft, 7,405 sqft lot single_family.
Is 4040 Magnolia Dr a flip candidate?
No — 4040 Magnolia Dr does not appear in our flips dataset.
Is 4040 Magnolia Dr a tax-appeal candidate?
No — 4040 Magnolia Dr 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
+5.8%
Implied 1-yr
+23.3%
2026 Q3
$540.3K
2026 Q4
$563.1K
ZIP 46131 — Median Price History + Forecast

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