406 Madison St
Lafayette, IN 47905
3 bd 1 ba 1,920 sqft Built 1910 Lot 3,854 sqft single_family
Most recent sale
$45,000
Jun 18, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 6, 2022 | Sold | $165,000 | IRMLS |
| Sep 22, 2022 | Listed | $150,000 | MLS #202239522 |
| Jun 18, 2021 | Sold | $45,000 | Public Record |
| Oct 28, 2009 | Listing removed | $26,500 | LafayetteIN |
| Oct 18, 2009 | Price changed | $26,500 | MLS #9938956 |
| Aug 17, 2009 | Price changed | $35,900 | MLS #9938956 |
| Aug 2, 2009 | Price changed | $39,900 | MLS #9938956 |
| Jun 24, 2009 | Price changed | $41,000 | MLS #9938956 |
| Apr 28, 2009 | Price changed | $45,000 | MLS #9938956 |
| Mar 30, 2009 | Listed | $50,000 | MLS #9938956 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $125,200 | $13,000 | $138,200 | $2,764 |
| 2022 | $39,900 | $13,000 | $52,900 | $1,061 |
| 2021 | $52,600 | $13,000 | $65,600 | $1,315 |
| 2020 | $41,700 | $13,000 | $54,700 | $1,098 |
| 2019 | $42,600 | $10,000 | $52,600 | $1,056 |
| 2018 | $42,100 | $10,000 | $52,100 | $1,046 |
| 2017 | $41,800 | $10,000 | $51,800 | $1,040 |
| 2016 | $40,500 | $10,000 | $50,500 | $1,013 |
| 2015 | $40,900 | $10,000 | $50,900 | $1,019 |
| 2014 | $43,500 | $10,000 | $53,500 | $1,072 |
| 2013 | $43,000 | $10,000 | $53,000 | $1,335 |
| 2012 | $39,600 | $10,000 | $49,600 | $994 |
| 2011 | $27,700 | $13,000 | $40,700 | $816 |
| 2009 | $33,600 | $13,000 | $46,600 | $12 |
| 2007 | $36,000 | $13,000 | $49,000 | $189 |
Property facts
Year built
1910
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,920 sqft
Lot size
3,854 sqft
ZIP code
47905
City
Lafayette
Street
Madison St
Coordinates
40.40613, -86.89971
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$270
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 406 Madison St last sell?
406 Madison St most recently sold on Jun 18, 2021 for $45,000.
What is the current tax assessment for 406 Madison St?
The most recent total assessment for 406 Madison St (year 2024) is $138,200 with $2,764 in property tax.
How does 406 Madison St's assessment compare to its last sale price?
The current assessment is 207.1% above the last sale price of $45,000.
When was 406 Madison St built?
406 Madison St was built in 1910.
How does 406 Madison St compare to others on Madison St?
We track 2 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 406 Madison St?
406 Madison St is a 3 bed, 1 bath, 1,920 sqft, 3,854 sqft lot single_family.
Is 406 Madison St a flip candidate?
Yes — 406 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 406 Madison St a tax-appeal candidate?
No — 406 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.6%
Implied 1-yr
+14.5%
2026 Q3
$395.4K
2026 Q4
$407K
ZIP 47905 — Median Price History + Forecast
Explore nearby
Geography
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