1486 Michigan Rd
Franklin, IN 46131
3 bd 2 ba 1,136 sqft Built 1993 Lot 8,664 sqft single_family
Most recent sale
$159,600
Nov 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 8, 2023 | Sold | $159,600 | Public Record |
| Apr 12, 2009 | Listing removed | $72,500 | MIBOR |
| Mar 22, 2009 | Relisted | $74,900 | MIBOR |
| Feb 21, 2009 | Listing removed | $74,900 | MIBOR |
| Feb 16, 2009 | Listed | $72,500 | MIBOR |
| Sep 18, 2006 | Sold | $116,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $165,900 | $32,000 | $197,900 | $3,999 |
| 2023 | $148,800 | $32,000 | $180,800 | $1,843 |
| 2022 | $136,100 | $32,000 | $168,100 | $1,704 |
| 2021 | $126,500 | $28,200 | $154,700 | $1,423 |
| 2020 | $102,100 | $28,200 | $130,300 | $1,312 |
| 2019 | $92,400 | $28,200 | $120,600 | $1,278 |
| 2018 | $107,700 | $10,000 | $117,700 | $1,114 |
| 2017 | $101,400 | $10,000 | $111,400 | $991 |
| 2016 | $88,100 | $10,000 | $98,100 | $833 |
| 2015 | $70,100 | $16,600 | $86,700 | $813 |
| 2014 | $64,800 | $16,600 | $81,400 | $683 |
| 2013 | $68,100 | $16,100 | $84,200 | $734 |
| 2012 | $74,000 | $16,100 | $90,100 | $901 |
| 2011 | $66,200 | $16,400 | $82,600 | $701 |
| 2009 | $66,200 | $16,400 | $82,600 | $628 |
| 2008 | $75,900 | $16,400 | $92,300 | $2,828 |
Property facts
Year built
1993
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,136 sqft
Lot size
8,664 sqft
ZIP code
46131
City
Franklin
Street
Michigan Rd
Coordinates
39.53259, -86.08609
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
$1,704
Gross rental yield
12.81%
Implied cap rate
8.33%
Trend-extrapolated value
—
Frequently asked questions
When did 1486 Michigan Rd last sell?
1486 Michigan Rd most recently sold on Nov 8, 2023 for $159,600.
What is the current tax assessment for 1486 Michigan Rd?
The most recent total assessment for 1486 Michigan Rd (year 2024) is $197,900 with $3,999 in property tax.
How does 1486 Michigan Rd's assessment compare to its last sale price?
The current assessment is 24.0% above the last sale price of $159,600.
When was 1486 Michigan Rd built?
1486 Michigan Rd was built in 1993.
How does 1486 Michigan Rd compare to others on Michigan Rd?
We track 8 other properties on Michigan Rd. Browse the list under "Other properties on Michigan Rd" to compare beds, baths, and sale history.
What are the property facts for 1486 Michigan Rd?
1486 Michigan Rd is a 3 bed, 2 bath, 1,136 sqft, 8,664 sqft lot single_family.
Is 1486 Michigan Rd a flip candidate?
No — 1486 Michigan Rd does not appear in our flips dataset.
Is 1486 Michigan Rd a tax-appeal candidate?
Yes — 1486 Michigan Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.8%
Implied 1-yr
+23.3%
2026 Q3
$540.3K
2026 Q4
$563.1K
ZIP 46131 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Michigan Rd