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402 Michigan Ave

Greensburg, IN 47240

2 bd 1 ba 1,150 sqft Built 1953 Lot 2,850 sqft single_family
Most recent sale
$195,706
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $195,706 Public Record
Aug 19, 2022 Price changed $165,000 MLS #21870707
Jul 16, 2022 Listed $169,000 MLS #21870707
Aug 11, 2021 Sold $71,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $160,200 $7,800 $168,000 $832
2022 $100,700 $7,800 $108,500 $436
2021 $65,000 $6,000 $71,000 $1,160
2020 $47,300 $6,000 $53,300 $1,066
2019 $47,300 $7,300 $54,600 $1,092
2018 $49,900 $7,300 $57,200 $1,144
2017 $49,300 $7,300 $56,600 $1,132
2016 $49,300 $7,300 $56,600 $1,132
2015 $50,200 $7,900 $58,100 $1,162
2014 $47,900 $7,900 $55,800 $1,116
2013 $49,500 $7,900 $57,400 $1,148
2012 $47,300 $7,900 $55,200 $1,104
2011 $54,700 $11,400 $66,100 $1,322
2010 $54,700 $11,400 $66,100 $1,302
2009 $54,700 $10,400 $65,100 $1,105
2008 $53,800 $10,400 $64,200 $1,407

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,150 sqft
Lot size
2,850 sqft
ZIP code
47240
City
Greensburg
Street
Michigan Ave
Coordinates
39.33322, -85.47625

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
$1,725
Gross rental yield
10.58%
Implied cap rate
6.88%
Trend-extrapolated value

Frequently asked questions

When did 402 Michigan Ave last sell?
402 Michigan Ave most recently sold on Oct 18, 2022 for $195,706.
What is the current tax assessment for 402 Michigan Ave?
The most recent total assessment for 402 Michigan Ave (year 2023) is $168,000 with $832 in property tax.
How does 402 Michigan Ave's assessment compare to its last sale price?
The current assessment is 14.2% below the last sale price of $195,706.
When was 402 Michigan Ave built?
402 Michigan Ave was built in 1953.
How does 402 Michigan Ave compare to others on Michigan Ave?
We track 8 other properties on Michigan Ave. Browse the list under "Other properties on Michigan Ave" to compare beds, baths, and sale history.
What are the property facts for 402 Michigan Ave?
402 Michigan Ave is a 2 bed, 1 bath, 1,150 sqft, 2,850 sqft lot single_family.
Is 402 Michigan Ave a flip candidate?
Yes — 402 Michigan Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 402 Michigan Ave a tax-appeal candidate?
No — 402 Michigan Ave 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
+15.4%
2026 Q3
$275.8K
2026 Q4
$284.3K
ZIP 47240 — Median Price History + Forecast

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