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509 Horizon Dr

Middlebury, IN 46540

6 bd 3 ba 4,205 sqft Built 2002 Lot 12,632 sqft single_family
Most recent sale
$300,000
Oct 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 20, 2022 Sold $300,000 Public Record
Oct 17, 2022 Sold $400,000 IRMLS
Aug 30, 2022 Price changed $414,900 MLS #202217208
Jun 30, 2022 Price changed $419,900 MLS #202217208
May 10, 2022 Listed $429,900 MLS #202217208
May 2, 2016 Sold $262,802 Public Record
Oct 12, 2000 Sold $23,950 Public Record
Aug 23, 2000 Sold $23,950 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $505,000 $15,500 $520,500 $4,905
2024 $434,600 $15,500 $450,100 $4,500
2023 $360,800 $15,500 $376,300 $4,213
2022 $328,900 $15,500 $344,400 $3,763
2021 $320,400 $15,500 $335,900 $3,444
2020 $320,400 $15,500 $335,900 $3,359
2019 $290,300 $15,500 $305,800 $3,058
2018 $259,200 $15,500 $274,700 $2,747
2017 $236,100 $15,500 $251,600 $2,516
2016 $245,300 $15,500 $260,800 $2,608
2015 $227,800 $15,500 $243,300 $2,433
2014 $224,300 $15,500 $239,800 $2,398
2013 $224,300 $15,500 $239,800 $3,797
2012 $230,800 $15,500 $246,300 $2,463
2011 $236,300 $14,800 $251,100 $2,511
2010 $241,200 $15,100 $256,300 $2,691
2009 $253,200 $15,900 $269,100 $3,284
2008 $246,000 $16,100 $262,100 $3,224
2007 $246,000 $16,100 $262,100 $3,990
2006 $205,000 $16,100 $221,100 $2,946

Property facts

Year built
2002
Property type
single_family
Stories
1
Beds
6
Baths
3
Living area
4,205 sqft
Lot size
12,632 sqft
ZIP code
46540
City
Middlebury
Street
Horizon Dr
Coordinates
41.66717, -85.71114

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
$1,800
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Horizon Dr last sell?
509 Horizon Dr most recently sold on Oct 20, 2022 for $300,000.
What is the current tax assessment for 509 Horizon Dr?
The most recent total assessment for 509 Horizon Dr (year 2025) is $520,500 with $4,905 in property tax.
How does 509 Horizon Dr's assessment compare to its last sale price?
The current assessment is 73.5% above the last sale price of $300,000.
When was 509 Horizon Dr built?
509 Horizon Dr was built in 2002.
How does 509 Horizon Dr compare to others on Horizon Dr?
We track 8 other properties on Horizon Dr. Browse the list under "Other properties on Horizon Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Horizon Dr?
509 Horizon Dr is a 6 bed, 3 bath, 4,205 sqft, 12,632 sqft lot single_family.
Is 509 Horizon Dr a flip candidate?
No — 509 Horizon Dr does not appear in our flips dataset.
Is 509 Horizon Dr a tax-appeal candidate?
Yes — 509 Horizon Dr appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.0%
Implied 1-yr
+4.0%
2025 Q4
$403.7K
2026 Q1
$407.5K
ZIP 46540 — Median Price History + Forecast

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