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507 Franklin St

Mentone, IN 46539

5 bd 3 ba 1,800 sqft Built 2020 Lot 15,246 sqft single_family
Most recent sale
$260,687
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 3, 2022 Sold $260,687 Public Record
Jul 27, 2022 Sold $215,000 IRMLS
Jun 16, 2022 Price changed $215,000 MLS #202223595
Jun 14, 2022 Listed $199,900 MLS #202223595
Dec 22, 2020 Sold $169,000 Public Record
Dec 21, 2020 Sold $169,000 IRMLS
Nov 11, 2020 Price changed $184,900 MLS #202039556
Sep 30, 2020 Listed $189,900 MLS #202039556
Jul 16, 2019 Sold $27,500 Public Record
Jul 9, 2019 Sold $27,500 IRMLS
Jan 25, 2019 Price changed $49,900 MLS #201851059
Nov 17, 2018 Listed $59,900 MLS #201851059
Aug 20, 2013 Sold $35,025 Public Record
Jan 28, 2013 Listing removed $18,000 KosciuskoCounty
Jan 17, 2013 Price changed $18,000 MLS #9002142
Dec 7, 2012 Price changed $23,400 MLS #9002142
Oct 30, 2012 Price changed $26,750 MLS #9002142
Sep 28, 2012 Listed $22,900 MLS #9002142
Aug 9, 2012 Listing removed $22,900 KosciuskoCounty
May 9, 2012 Listed $22,900 MLS #9001156
Apr 11, 2007 Sold $61,845 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $189,200 $16,900 $206,100 $2,061
2022 $166,600 $16,900 $183,500 $1,835
2021 $138,400 $16,900 $155,300 $1,553
2020 $33,500 $15,300 $48,800 $363
2019 $40,300 $15,300 $55,600 $1,137
2018 $39,300 $14,000 $53,300 $387
2017 $38,800 $14,000 $52,800 $377
2016 $38,500 $14,000 $52,500 $366
2015 $37,500 $14,000 $51,500 $334
2014 $37,400 $14,000 $51,400 $328
2013 $29,000 $14,000 $43,000 $275
2012 $30,900 $14,000 $44,900 $1,073
2011 $28,800 $16,900 $45,700 $1,063
2010 $29,200 $17,100 $46,300 $214
2009 $29,200 $17,100 $46,300 $207
2008 $28,800 $17,100 $45,900 $305

Property facts

Year built
2020
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
1,800 sqft
Lot size
15,246 sqft
ZIP code
46539
City
Mentone
Street
Franklin St
Coordinates
41.17789, -86.03962

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
$2,700
Gross rental yield
12.43%
Implied cap rate
8.08%
Trend-extrapolated value

Frequently asked questions

When did 507 Franklin St last sell?
507 Franklin St most recently sold on Aug 3, 2022 for $260,687.
What is the current tax assessment for 507 Franklin St?
The most recent total assessment for 507 Franklin St (year 2024) is $206,100 with $2,061 in property tax.
How does 507 Franklin St's assessment compare to its last sale price?
The current assessment is 20.9% below the last sale price of $260,687.
When was 507 Franklin St built?
507 Franklin St was built in 2020.
How does 507 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 507 Franklin St?
507 Franklin St is a 5 bed, 3 bath, 1,800 sqft, 15,246 sqft lot single_family.
Is 507 Franklin St a flip candidate?
Yes — 507 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 507 Franklin St a tax-appeal candidate?
No — 507 Franklin St 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
+5.5%
Implied 1-yr
+22.0%
2025 Q4
$242.9K
2026 Q1
$252.7K
ZIP 46539 — Median Price History + Forecast

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