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40 Ln 221 Hamilton Lk Ln

Hamilton, IN 46742

2 bd 1 ba 624 sqft Built 1947 Lot 20,038 sqft single_family
Most recent sale
$80,000
Nov 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 12, 2022 Sold $175,000 IRMLS
Oct 12, 2022 Price changed $189,000 MLS #202234468
Sep 11, 2022 Price changed $199,000 MLS #202234468
Aug 30, 2022 Price changed $208,000 MLS #202234468
Aug 18, 2022 Listed $228,000 MLS #202234468
Nov 17, 2021 Sold $80,000 Public Record
Oct 28, 2021 Sold $80,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $133,900 $71,900 $205,800 $2,545
2022 $62,900 $40,000 $102,900 $1,293
2021 $65,600 $66,000 $131,600 $1,906
2020 $60,300 $60,000 $120,300 $1,781
2019 $50,900 $100,000 $150,900 $2,230
2018 $46,700 $37,000 $83,700 $1,326
2017 $48,400 $37,000 $85,400 $1,296
2016 $47,900 $37,000 $84,900 $1,336
2015 $46,400 $37,000 $83,400 $1,255
2014 $45,700 $37,000 $82,700 $1,199
2013 $51,800 $37,000 $88,800 $1,442
2012 $50,400 $37,000 $87,400 $1,377
2011 $34,200 $3,700 $37,900 $433
2010 $34,200 $3,700 $37,900 $349
2009 $34,200 $3,700 $37,900 $436
2008 $24,600 $10,000 $34,600 $409

Property facts

Year built
1947
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
624 sqft
Lot size
20,038 sqft
ZIP code
46742
City
Hamilton
Street
Ln 221 Hamilton Lk Ln
Coordinates
41.53748, -84.92848

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$936
Gross rental yield
14.04%
Implied cap rate
9.13%
Trend-extrapolated value

Frequently asked questions

When did 40 Ln 221 Hamilton Lk Ln last sell?
40 Ln 221 Hamilton Lk Ln most recently sold on Nov 17, 2021 for $80,000.
What is the current tax assessment for 40 Ln 221 Hamilton Lk Ln?
The most recent total assessment for 40 Ln 221 Hamilton Lk Ln (year 2024) is $205,800 with $2,545 in property tax.
How does 40 Ln 221 Hamilton Lk Ln's assessment compare to its last sale price?
The current assessment is 157.3% above the last sale price of $80,000.
When was 40 Ln 221 Hamilton Lk Ln built?
40 Ln 221 Hamilton Lk Ln was built in 1947.
How does 40 Ln 221 Hamilton Lk Ln compare to others on Ln 221 Hamilton Lk Ln?
We do not currently track other properties on Ln 221 Hamilton Lk Ln.
What are the property facts for 40 Ln 221 Hamilton Lk Ln?
40 Ln 221 Hamilton Lk Ln is a 2 bed, 1 bath, 624 sqft, 20,038 sqft lot single_family.
Is 40 Ln 221 Hamilton Lk Ln a flip candidate?
Yes — 40 Ln 221 Hamilton Lk Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 40 Ln 221 Hamilton Lk Ln a tax-appeal candidate?
Yes — 40 Ln 221 Hamilton Lk Ln 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 valuation
Quarterly trend
+8.1%
Implied 1-yr
+32.3%
2026 Q3
$950.6K
2026 Q4
$1M
ZIP 46742 — Median Price History + Forecast

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