3898 State Road 38
Markleville, IN 46056
2 bd 1 ba 1,290 sqft Built 1899 Lot 609,840 sqft farm
Most recent sale
$502,312
Sep 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 13, 2022 | Sold | $502,312 | Public Record |
| Sep 9, 2022 | Sold | $423,000 | IRMLS |
| Jul 16, 2022 | Price changed | $425,000 | MLS #202208187 |
| Jul 12, 2022 | Price changed | $450,000 | MLS #21841105 |
| Jun 26, 2022 | Price changed | $460,000 | MLS #21841105 |
| Jun 11, 2022 | Price changed | $475,000 | MLS #21841105 |
| May 31, 2022 | Price changed | $500,000 | MLS #202208187 |
| May 27, 2022 | Price changed | $500,000 | MLS #21841105 |
| Apr 21, 2022 | Price changed | $400,000 | MLS #21841105 |
| Apr 21, 2022 | Listed | $659,000 | MLS #21850487 |
| Apr 18, 2022 | Price changed | $659,000 | MLS #202208187 |
| Apr 16, 2022 | Price changed | $659,000 | MLS #21841105 |
| Apr 3, 2022 | Price changed | $665,000 | MLS #202208187 |
| Mar 25, 2022 | Price changed | $675,000 | MLS #202208187 |
| Mar 13, 2022 | Listed | $695,000 | MLS #202208187 |
| Mar 13, 2022 | Price changed | $695,000 | MLS #21841105 |
| Mar 4, 2022 | Listed | $705,000 | MLS #21841105 |
| Oct 5, 2016 | Listing removed | $175,000 | MIBOR |
| Sep 30, 2016 | Sold | $318,750 | Public Record |
| Jul 29, 2016 | Listed | $175,000 | MLS #21433201 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $129,900 | $27,700 | $157,600 | $1,271 |
| 2023 | $119,800 | $25,600 | $145,400 | $1,395 |
| 2022 | $106,300 | $24,400 | $130,700 | $1,232 |
| 2021 | $94,500 | $23,800 | $118,300 | $1,112 |
| 2020 | $91,100 | $23,100 | $114,200 | $1,121 |
| 2019 | $86,800 | $28,300 | $115,100 | $1,186 |
| 2018 | $83,400 | $28,600 | $112,000 | $1,148 |
| 2017 | $79,900 | $29,100 | $109,000 | $1,130 |
| 2016 | $76,000 | $33,800 | $109,800 | $1,139 |
| 2015 | $78,300 | $35,100 | $113,400 | $2,317 |
| 2014 | $73,200 | $34,400 | $107,600 | $819 |
| 2013 | $70,200 | $32,100 | $102,300 | $754 |
| 2012 | $73,900 | $31,900 | $105,800 | $845 |
| 2011 | $70,400 | $22,600 | $93,000 | $609 |
| 2010 | $65,500 | $21,000 | $86,500 | $2,122 |
| 2009 | $60,300 | $27,700 | $88,000 | $2,100 |
| 2008 | $58,500 | $25,200 | $83,700 | $461 |
| 2006 | $58,000 | $22,500 | $80,500 | $468 |
Property facts
Year built
1899
Property type
farm
Stories
1
Beds
2
Baths
1
Living area
1,290 sqft
Lot size
609,840 sqft
ZIP code
46056
City
Markleville
Street
State Road 38
Coordinates
39.97478, -85.59795
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
$1,935
Gross rental yield
4.62%
Implied cap rate
3.00%
Trend-extrapolated value
—
Frequently asked questions
When did 3898 State Road 38 last sell?
3898 State Road 38 most recently sold on Sep 13, 2022 for $502,312.
What is the current tax assessment for 3898 State Road 38?
The most recent total assessment for 3898 State Road 38 (year 2024) is $157,600 with $1,271 in property tax.
How does 3898 State Road 38's assessment compare to its last sale price?
The current assessment is 68.6% below the last sale price of $502,312.
When was 3898 State Road 38 built?
3898 State Road 38 was built in 1899.
How does 3898 State Road 38 compare to others on State Road 38?
We track 8 other properties on State Road 38. Browse the list under "Other properties on State Road 38" to compare beds, baths, and sale history.
What are the property facts for 3898 State Road 38?
3898 State Road 38 is a 2 bed, 1 bath, 1,290 sqft, 609,840 sqft lot farm.
Is 3898 State Road 38 a flip candidate?
No — 3898 State Road 38 does not appear in our flips dataset.
Is 3898 State Road 38 a tax-appeal candidate?
No — 3898 State Road 38 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.7%
2026 Q3
$418.9K
2026 Q4
$438.4K
ZIP 46056 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State Road 38