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515 Val Ln

Marion, IN 46952

4 bd 3 ba 2,496 sqft Built 1962 Lot 20,038 sqft single_family
Most recent sale
$254,657
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $254,657 Public Record
Apr 26, 2022 Sold $259,900 IRMLS
Nov 9, 2021 Listed $295,000 MLS #202147069
Jun 15, 2021 Sold $160,000 Public Record
Jun 10, 2021 Sold $160,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $240,600 $34,300 $274,900 $1,741
2024 $240,600 $34,300 $274,900 $1,912
2022 $182,000 $31,400 $213,400 $1,510
2021 $152,300 $31,400 $183,700 $1,412
2020 $152,300 $31,400 $183,700 $1,179
2019 $143,300 $31,400 $174,700 $1,017
2018 $135,400 $31,400 $166,800 $873
2017 $127,400 $31,400 $158,800 $785
2016 $121,900 $31,400 $153,300 $696
2015 $119,100 $31,400 $150,500 $689
2014 $123,500 $31,400 $154,900 $705
2013 $131,200 $31,400 $162,600 $1,271
2012 $127,900 $31,400 $159,300 $573
2011 $134,000 $31,400 $165,400 $657
2010 $143,500 $31,400 $174,900 $646
2009 $143,500 $31,400 $174,900 $788

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,496 sqft
Lot size
20,038 sqft
ZIP code
46952
City
Marion
Street
Val Ln
Coordinates
40.59118, -85.65070

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,528
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 515 Val Ln last sell?
515 Val Ln most recently sold on Apr 28, 2022 for $254,657.
What is the current tax assessment for 515 Val Ln?
The most recent total assessment for 515 Val Ln (year 2025) is $274,900 with $1,741 in property tax.
How does 515 Val Ln's assessment compare to its last sale price?
The current assessment is 7.9% above the last sale price of $254,657.
When was 515 Val Ln built?
515 Val Ln was built in 1962.
How does 515 Val Ln compare to others on Val Ln?
We track 5 other properties on Val Ln. Browse the list under "Other properties on Val Ln" to compare beds, baths, and sale history.
What are the property facts for 515 Val Ln?
515 Val Ln is a 4 bed, 3 bath, 2,496 sqft, 20,038 sqft lot single_family.
Is 515 Val Ln a flip candidate?
Yes — 515 Val Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 515 Val Ln a tax-appeal candidate?
No — 515 Val Ln 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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