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720 Lancelot Dr

Marion, IN 46952

3 bd 1 ba 1,024 sqft Built 1957 Lot 7,405 sqft single_family
Most recent sale
$94,575
Oct 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 3, 2022 Sold $94,575 Public Record
Sep 30, 2022 Sold $78,000 IRMLS
Aug 9, 2022 Price changed $84,900 MLS #202221655
Jul 11, 2022 Price changed $89,900 MLS #202221655
Jun 20, 2022 Price changed $94,900 MLS #202221655
Jun 8, 2022 Relisted $99,900 MLS #202221655
Jun 3, 2022 Listed $99,900 MLS #202221655

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $88,600 $14,400 $103,000 $1,151
2024 $88,600 $14,400 $103,000 $1,030
2023 $68,000 $12,700 $80,700 $860
2022 $59,300 $12,700 $72,000 $690
2021 $60,300 $12,700 $73,000 $1,440
2020 $60,300 $12,700 $73,000 $1,460
2019 $60,200 $12,700 $72,900 $563
2018 $54,300 $12,700 $67,000 $469
2017 $54,300 $12,700 $67,000 $451
2016 $48,500 $14,000 $62,500 $390
2015 $47,400 $14,000 $61,400 $381
2014 $50,200 $14,000 $64,200 $398
2013 $50,200 $14,000 $64,200 $624
2012 $48,100 $14,000 $62,100 $286
2011 $49,400 $14,000 $63,400 $314
2010 $49,400 $14,000 $63,400 $285
2009 $50,400 $14,000 $64,400 $344

Property facts

Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,024 sqft
Lot size
7,405 sqft
ZIP code
46952
City
Marion
Street
Lancelot Dr
Coordinates
40.57224, -85.68397

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
$567
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 720 Lancelot Dr last sell?
720 Lancelot Dr most recently sold on Oct 3, 2022 for $94,575.
What is the current tax assessment for 720 Lancelot Dr?
The most recent total assessment for 720 Lancelot Dr (year 2025) is $103,000 with $1,151 in property tax.
How does 720 Lancelot Dr's assessment compare to its last sale price?
The current assessment is 8.9% above the last sale price of $94,575.
When was 720 Lancelot Dr built?
720 Lancelot Dr was built in 1957.
How does 720 Lancelot Dr compare to others on Lancelot Dr?
We track 8 other properties on Lancelot Dr. Browse the list under "Other properties on Lancelot Dr" to compare beds, baths, and sale history.
What are the property facts for 720 Lancelot Dr?
720 Lancelot Dr is a 3 bed, 1 bath, 1,024 sqft, 7,405 sqft lot single_family.
Is 720 Lancelot Dr a flip candidate?
Yes — 720 Lancelot Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 720 Lancelot Dr a tax-appeal candidate?
No — 720 Lancelot Dr 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
+15.4%
Implied 1-yr
+61.6%
2026 Q3
$582.3K
2026 Q4
$627.2K
ZIP 46952 — Median Price History + Forecast

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