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2740 Lima Rd

Kendallville, IN 46755

2 bd 1 ba 625 sqft Built 1958 Lot 13,068 sqft single_family
Most recent sale
$64,917
Aug 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 15, 2022 Sold $64,917 Public Record
Aug 10, 2022 Sold $53,540 IRMLS
May 11, 2022 Listed $64,900 MLS #202217585
Apr 25, 2019 Listing removed $55,000 IRMLS
Nov 25, 2018 Listed $55,000 MLS #201851655

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $46,000 $17,400 $63,400 $154
2022 $36,600 $9,900 $46,500 $127
2021 $32,300 $7,800 $40,100 $506
2020 $25,900 $7,100 $33,000 $449
2019 $24,700 $6,800 $31,500 $454
2018 $24,600 $6,800 $31,400 $465
2017 $24,100 $8,300 $32,400 $469
2016 $23,400 $8,300 $31,700 $454
2015 $20,800 $8,300 $29,100 $485
2014 $20,800 $8,300 $29,100 $439
2013 $21,000 $8,300 $29,300 $441
2012 $23,800 $8,300 $32,100 $490
2011 $22,600 $8,300 $30,900 $441
2010 $22,600 $8,300 $30,900 $328
2009 $18,400 $8,300 $26,700 $382

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
625 sqft
Lot size
13,068 sqft
ZIP code
46755
City
Kendallville
Street
Lima Rd
Coordinates
41.40686, -85.25740

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$390
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 2740 Lima Rd last sell?
2740 Lima Rd most recently sold on Aug 15, 2022 for $64,917.
What is the current tax assessment for 2740 Lima Rd?
The most recent total assessment for 2740 Lima Rd (year 2024) is $63,400 with $154 in property tax.
How does 2740 Lima Rd's assessment compare to its last sale price?
The current assessment is 2.3% below the last sale price of $64,917.
When was 2740 Lima Rd built?
2740 Lima Rd was built in 1958.
How does 2740 Lima Rd compare to others on Lima Rd?
We track 8 other properties on Lima Rd. Browse the list under "Other properties on Lima Rd" to compare beds, baths, and sale history.
What are the property facts for 2740 Lima Rd?
2740 Lima Rd is a 2 bed, 1 bath, 625 sqft, 13,068 sqft lot single_family.
Is 2740 Lima Rd a flip candidate?
Yes — 2740 Lima Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2740 Lima Rd a tax-appeal candidate?
No — 2740 Lima Rd 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
-0.6%
Implied 1-yr
-2.3%
2026 Q3
$220.3K
2026 Q4
$218.9K
ZIP 46755 — Median Price History + Forecast

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