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12856 Polk Rd

Lexington, IN 47138

2 bd 1,168 sqft Built 1900 Lot 87,120 sqft single_family
Most recent sale
$30,000
Aug 9, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 17, 2022 Sold $180,000 Public Record
Sep 10, 2022 Relisted $165,000 MLS #202208813
Aug 24, 2022 Relisted $180,000 MLS #202208813
Aug 7, 2022 Relisted $180,000 MLS #202208813
Jul 20, 2022 Price changed $200,000 MLS #202208813
Jul 15, 2022 Relisted $220,000 MLS #202208813
Jun 24, 2022 Price changed $220,000 MLS #202208813
Jun 9, 2022 Price changed $240,000 MLS #202208813
Jun 6, 2022 Relisted $260,000 MLS #202208813
May 20, 2022 Relisted $260,000 MLS #202208813
May 12, 2022 Listed $260,000 MLS #202208813
Aug 9, 2021 Sold $30,000 Public Record
Feb 16, 2017 Sold $22,500 Public Record
Jan 10, 2017 Listing removed $29,900 MadisonIN
Dec 22, 2016 Relisted $29,900 MLS #20160604
Nov 28, 2016 Listing removed $29,900 MadisonIN
Oct 26, 2016 Listed $29,900 MLS #20160604
May 27, 2016 Listing removed $52,500 MadisonIN
Mar 16, 2016 Listed $52,500 MLS #20150619
Dec 15, 2015 Listing removed $52,500 MadisonIN

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $10,300 $18,000 $28,300 $78
2024 $10,000 $18,000 $28,000 $189
2022 $9,900 $18,000 $27,900 $197
2021 $9,300 $18,000 $27,300 $522
2020 $9,000 $18,000 $27,000 $507
2019 $28,200 $18,000 $46,200 $823
2018 $28,200 $18,000 $46,200 $787
2017 $27,900 $18,000 $45,900 $247
2016 $27,900 $18,000 $45,900 $233
2015 $27,200 $18,000 $45,200 $246
2014 $25,000 $18,000 $43,000 $213
2013 $24,900 $18,000 $42,900 $221
2012 $24,900 $18,000 $42,900 $238
2011 $23,800 $18,000 $41,800 $203
2010 $23,800 $18,000 $41,800 $207
2009 $23,800 $18,000 $41,800 $204
2008 $25,900 $14,000 $39,900 $248

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
Living area
1,168 sqft
Lot size
87,120 sqft
ZIP code
47138
City
Lexington
Street
Polk Rd
Coordinates
38.72309, -85.62455

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$180
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12856 Polk Rd last sell?
12856 Polk Rd most recently sold on Aug 9, 2021 for $30,000.
What is the current tax assessment for 12856 Polk Rd?
The most recent total assessment for 12856 Polk Rd (year 2025) is $28,300 with $78 in property tax.
How does 12856 Polk Rd's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $30,000.
When was 12856 Polk Rd built?
12856 Polk Rd was built in 1900.
How does 12856 Polk Rd compare to others on Polk Rd?
We track 8 other properties on Polk Rd. Browse the list under "Other properties on Polk Rd" to compare beds, baths, and sale history.
What are the property facts for 12856 Polk Rd?
12856 Polk Rd is a 2 bed, 1,168 sqft, 87,120 sqft lot single_family.
Is 12856 Polk Rd a flip candidate?
Yes — 12856 Polk Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 12856 Polk Rd a tax-appeal candidate?
No — 12856 Polk 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
+10.9%
Implied 1-yr
+43.7%
2025 Q2
$319.1K
2025 Q3
$339.5K
ZIP 47138 — Median Price History + Forecast

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