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324 Illinois St

Monticello, IN 47960

3 bd 1 ba 2,479 sqft Built 1897 Lot 9,148 sqft single_family
Most recent sale
$231,250
Aug 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 22, 2022 Sold $231,250 Public Record
Aug 16, 2022 Sold $185,000 IRMLS
May 20, 2022 Price changed $193,500 MLS #202210862
Mar 31, 2022 Listed $199,900 MLS #202210862
Jun 5, 2020 Sold $45,000 Public Record
May 29, 2020 Sold $45,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $198,300 $11,600 $209,900 $2,099
2022 $143,800 $11,600 $155,400 $1,554
2019 $90,000 $11,600 $101,600 $2,032
2018 $84,400 $11,600 $96,000 $2,032
2017 $84,800 $11,600 $96,400 $337
2016 $84,400 $3,900 $88,300 $331
2015 $85,300 $3,700 $89,000 $324
2014 $85,300 $3,700 $89,000 $326
2013 $93,900 $3,700 $97,600 $531
2012 $93,600 $3,700 $97,300 $477
2011 $79,900 $4,200 $84,100 $282
2010 $74,500 $4,200 $78,700 $179
2009 $58,800 $8,900 $67,700 $96
2008 $58,800 $8,900 $67,700 $191

Property facts

Year built
1897
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
2,479 sqft
Lot size
9,148 sqft
ZIP code
47960
City
Monticello
Street
Illinois St
Coordinates
40.74830, -86.76382

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
$1,388
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 324 Illinois St last sell?
324 Illinois St most recently sold on Aug 22, 2022 for $231,250.
What is the current tax assessment for 324 Illinois St?
The most recent total assessment for 324 Illinois St (year 2024) is $209,900 with $2,099 in property tax.
How does 324 Illinois St's assessment compare to its last sale price?
The current assessment is 9.2% below the last sale price of $231,250.
When was 324 Illinois St built?
324 Illinois St was built in 1897.
How does 324 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 324 Illinois St?
324 Illinois St is a 3 bed, 1 bath, 2,479 sqft, 9,148 sqft lot single_family.
Is 324 Illinois St a flip candidate?
Yes — 324 Illinois St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 324 Illinois St a tax-appeal candidate?
No — 324 Illinois 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
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$268.5K
2026 Q4
$269K
ZIP 47960 — Median Price History + Forecast

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