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11938 Norkus Rd

Milan, IN 47031

2 bd 1 ba 1,200 sqft Built 1953 Lot 68,389 sqft single_family
Most recent sale
$184,062
Jul 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 25, 2022 Sold $184,062 Public Record
Jun 27, 2022 Price changed $169,000 MLS #197490
Jun 21, 2022 Listed $179,000 MLS #197490
Feb 22, 2018 Listing removed $975 AppfolioUnits
Jan 31, 2018 Listed for rent $975 AppfolioUnits

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $69,900 $28,000 $97,900 $697
2022 $71,000 $28,000 $99,000 $712
2021 $64,800 $28,000 $92,800 $1,863
2020 $64,900 $28,000 $92,900 $1,862
2019 $63,500 $28,000 $91,500 $1,832
2018 $65,100 $28,000 $93,100 $1,869
2017 $64,400 $28,000 $92,400 $1,858
2016 $64,600 $28,000 $92,600 $1,859
2015 $64,000 $28,000 $92,000 $600
2014 $60,800 $28,000 $88,800 $511
2013 $65,800 $28,000 $93,800 $613
2012 $64,700 $28,000 $92,700 $522
2011 $64,900 $28,000 $92,900 $510
2010 $64,900 $28,000 $92,900 $617
2009 $69,700 $28,000 $97,700 $424
2008 $60,800 $26,500 $87,300 $504

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,200 sqft
Lot size
68,389 sqft
ZIP code
47031
City
Milan
Street
Norkus Rd
Coordinates
39.16155, -85.04002

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,800
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 11938 Norkus Rd last sell?
11938 Norkus Rd most recently sold on Jul 25, 2022 for $184,062.
What is the current tax assessment for 11938 Norkus Rd?
The most recent total assessment for 11938 Norkus Rd (year 2024) is $97,900 with $697 in property tax.
How does 11938 Norkus Rd's assessment compare to its last sale price?
The current assessment is 46.8% below the last sale price of $184,062.
When was 11938 Norkus Rd built?
11938 Norkus Rd was built in 1953.
How does 11938 Norkus Rd compare to others on Norkus Rd?
We track 5 other properties on Norkus Rd. Browse the list under "Other properties on Norkus Rd" to compare beds, baths, and sale history.
What are the property facts for 11938 Norkus Rd?
11938 Norkus Rd is a 2 bed, 1 bath, 1,200 sqft, 68,389 sqft lot single_family.
Is 11938 Norkus Rd a flip candidate?
No — 11938 Norkus Rd does not appear in our flips dataset.
Is 11938 Norkus Rd a tax-appeal candidate?
No — 11938 Norkus Rd 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
-0.7%
Implied 1-yr
-2.7%
2026 Q1
$223.1K
2026 Q2
$221.5K
ZIP 47031 — Median Price History + Forecast

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