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905 Water St

Jonesboro, IN 46938

2 bd 1 ba 1,410 sqft Built 1915 Lot 5,280 sqft single_family
Most recent sale
$38,500
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $38,500 IRMLS
Mar 6, 2024 Listed $42,400 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $58,600 $7,100 $65,700 $1,500
2024 $58,600 $7,100 $65,700 $1,314
2023 $63,300 $6,800 $70,100 $1,472
2022 $58,800 $6,800 $65,600 $1,402
2021 $57,300 $6,800 $64,100 $1,312
2020 $57,100 $6,800 $63,900 $1,282
2019 $54,300 $6,800 $61,100 $388
2018 $52,800 $6,800 $59,600 $351
2017 $50,400 $6,800 $57,200 $336
2016 $50,300 $6,800 $57,100 $305
2015 $50,400 $6,800 $57,200 $292
2013 $53,300 $6,800 $60,100 $483
2012 $52,700 $6,800 $59,500 $213
2011 $59,000 $6,800 $65,800 $302
2010 $59,000 $6,800 $65,800 $263

Property facts

Year built
1915
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,410 sqft
Lot size
5,280 sqft
ZIP code
46938
City
Jonesboro
Street
Water St
Coordinates
40.47673, -85.62632

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
$231
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 905 Water St last sell?
905 Water St most recently sold on Apr 9, 2024 for $38,500.
What is the current tax assessment for 905 Water St?
The most recent total assessment for 905 Water St (year 2025) is $65,700 with $1,500 in property tax.
How does 905 Water St's assessment compare to its last sale price?
The current assessment is 70.6% above the last sale price of $38,500.
When was 905 Water St built?
905 Water St was built in 1915.
How does 905 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 905 Water St?
905 Water St is a 2 bed, 1 bath, 1,410 sqft, 5,280 sqft lot single_family.
Is 905 Water St a flip candidate?
No — 905 Water St does not appear in our flips dataset.
Is 905 Water St a tax-appeal candidate?
Yes — 905 Water St 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
-4.2%
Implied 1-yr
-16.9%
2025 Q3
$72.8K
2025 Q4
$68.5K
ZIP 46938 — Median Price History + Forecast

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