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508 King St

Garrett, IN 46738

3 bd 2 ba 1,168 sqft Built 1900 Lot 6,098 sqft single_family
Most recent sale
$3,750,000
Sep 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2023 Listing removed $154,900 IRMLS
Sep 30, 2023 Sold $139,900 IRMLS
Aug 29, 2023 Price changed $139,900 IRMLS
Aug 17, 2023 Price changed $147,500 IRMLS
Jul 31, 2023 Listed $149,900 IRMLS
Jan 27, 2023 Sold $60,000 IRMLS
Dec 9, 2022 Price changed $66,900 IRMLS
Nov 18, 2022 Price changed $67,900 IRMLS
Oct 13, 2022 Price changed $69,900 MLS #202238203
Sep 14, 2022 Sold $3,750,000 Public Record
Sep 13, 2022 Listed $74,900 MLS #202238203

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $99,000 $17,300 $116,300 $793
2022 $78,600 $12,400 $91,000 $1,820
2021 $74,100 $12,400 $86,500 $1,730
2020 $63,800 $8,200 $72,000 $1,451
2019 $61,800 $8,200 $70,000 $1,406
2018 $61,800 $8,200 $70,000 $1,406
2017 $51,500 $8,200 $59,700 $1,205
2016 $51,500 $8,200 $59,700 $1,205
2015 $51,500 $8,200 $59,700 $1,194
2014 $51,500 $8,200 $59,700 $1,194
2013 $51,500 $8,200 $59,700 $1,833
2012 $51,500 $8,200 $59,700 $1,194
2011 $51,500 $8,200 $59,700 $1,194
2010 $51,500 $9,100 $60,600 $1,212
2009 $51,500 $9,100 $60,600 $1,364
2008 $51,500 $9,100 $60,600 $1,319

Property facts

Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,168 sqft
Lot size
6,098 sqft
ZIP code
46738
City
Garrett
Street
King St
Coordinates
41.35068, -85.13013

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
$22,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 508 King St last sell?
508 King St most recently sold on Sep 14, 2022 for $3,750,000.
What is the current tax assessment for 508 King St?
The most recent total assessment for 508 King St (year 2024) is $116,300 with $793 in property tax.
How does 508 King St's assessment compare to its last sale price?
The current assessment is 96.9% below the last sale price of $3,750,000.
When was 508 King St built?
508 King St was built in 1900.
How does 508 King St compare to others on King St?
We track 8 other properties on King St. Browse the list under "Other properties on King St" to compare beds, baths, and sale history.
What are the property facts for 508 King St?
508 King St is a 3 bed, 2 bath, 1,168 sqft, 6,098 sqft lot single_family.
Is 508 King St a flip candidate?
Yes — 508 King St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 508 King St a tax-appeal candidate?
No — 508 King St 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
+3.9%
Implied 1-yr
+15.5%
2026 Q3
$265.7K
2026 Q4
$273.9K
ZIP 46738 — Median Price History + Forecast

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