509 Main St
Milan, IN 47031
1 bd 1 ba 974 sqft Built 1915 Lot 7,405 sqft single_family
Most recent sale
$143,681
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $143,681 | Public Record |
| May 18, 2022 | Price changed | $120,000 | MLS #196570 |
| Mar 9, 2022 | Price changed | $115,000 | MLS #196570 |
| Feb 13, 2022 | Listed | $120,000 | MLS #196570 |
| Aug 6, 2017 | Listing removed | $69,900 | SEIBR |
| Jun 9, 2017 | Listed | $69,900 | MLS #288260 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $72,300 | $6,700 | $79,000 | $389 |
| 2022 | $73,900 | $6,700 | $80,600 | $397 |
| 2021 | $46,700 | $6,700 | $53,400 | $1,068 |
| 2020 | $46,700 | $6,700 | $53,400 | $1,068 |
| 2019 | $46,700 | $6,700 | $53,400 | $1,068 |
| 2018 | $49,200 | $6,700 | $55,900 | $1,068 |
| 2017 | $49,200 | $6,700 | $55,900 | $1,118 |
| 2016 | $49,200 | $6,700 | $55,900 | $1,084 |
| 2015 | $48,200 | $6,700 | $54,900 | $1,019 |
| 2014 | $48,200 | $6,700 | $54,900 | $1,036 |
| 2013 | $49,300 | $6,700 | $56,000 | $973 |
| 2012 | $51,600 | $6,700 | $58,300 | $985 |
| 2011 | $33,800 | $6,700 | $40,500 | $721 |
| 2010 | $33,800 | $6,700 | $40,500 | $704 |
| 2009 | $33,800 | $6,700 | $40,500 | $675 |
Property facts
Year built
1915
Property type
single_family
Stories
1
Beds
1
Baths
1
Living area
974 sqft
Lot size
7,405 sqft
ZIP code
47031
City
Milan
Street
Main St
Coordinates
39.12672, -85.13106
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
$1,461
Gross rental yield
12.20%
Implied cap rate
7.93%
Trend-extrapolated value
—
Frequently asked questions
When did 509 Main St last sell?
509 Main St most recently sold on Jun 17, 2022 for $143,681.
What is the current tax assessment for 509 Main St?
The most recent total assessment for 509 Main St (year 2024) is $79,000 with $389 in property tax.
How does 509 Main St's assessment compare to its last sale price?
The current assessment is 45.0% below the last sale price of $143,681.
When was 509 Main St built?
509 Main St was built in 1915.
How does 509 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 509 Main St?
509 Main St is a 1 bed, 1 bath, 974 sqft, 7,405 sqft lot single_family.
Is 509 Main St a flip candidate?
No — 509 Main St does not appear in our flips dataset.
Is 509 Main St a tax-appeal candidate?
No — 509 Main St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.7%
2026 Q1
$223.1K
2026 Q2
$221.5K
ZIP 47031 — Median Price History + Forecast
Explore nearby
Other properties on Main St