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406 Illinois St

Monticello, IN 47960

2 bd 1 ba 690 sqft Built 1950 Lot 6,468 sqft single_family
Most recent sale
$82,500
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $82,500 Public Record
Jul 7, 2022 Listed $89,900 MLS #202227729
Apr 7, 2020 Price changed $54,900 MLS #470542
Feb 25, 2020 Listed $59,900 MLS #470542
Feb 6, 2015 Sold $55,058 Public Record
May 16, 2009 Listed $25,900 MLS #18975
May 15, 2009 Listed $25,900 MLS #9939762
Apr 21, 2009 Sold $46,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $73,500 $8,900 $82,400 $468
2022 $59,100 $8,900 $68,000 $330
2021 $54,200 $8,900 $63,100 $1,262
2020 $49,900 $8,900 $58,800 $298
2019 $45,500 $8,900 $54,400 $263
2018 $41,200 $8,900 $50,100 $237
2017 $38,500 $8,900 $47,400 $206
2016 $38,500 $8,900 $47,400 $201
2015 $38,500 $8,900 $47,400 $193
2014 $37,200 $8,900 $46,100 $922
2013 $36,700 $8,900 $45,600 $1,115
2012 $39,200 $10,100 $49,300 $1,095
2011 $32,700 $11,800 $44,500 $973
2010 $33,400 $11,800 $45,200 $183
2009 $33,400 $18,000 $51,400 $194
2008 $33,400 $18,000 $51,400 $203

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
690 sqft
Lot size
6,468 sqft
ZIP code
47960
City
Monticello
Street
Illinois St
Coordinates
40.74107, -86.76375

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$495
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Illinois St last sell?
406 Illinois St most recently sold on Aug 24, 2022 for $82,500.
What is the current tax assessment for 406 Illinois St?
The most recent total assessment for 406 Illinois St (year 2024) is $82,400 with $468 in property tax.
How does 406 Illinois St's assessment compare to its last sale price?
The current assessment is 0.1% below the last sale price of $82,500.
When was 406 Illinois St built?
406 Illinois St was built in 1950.
How does 406 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 406 Illinois St?
406 Illinois St is a 2 bed, 1 bath, 690 sqft, 6,468 sqft lot single_family.
Is 406 Illinois St a flip candidate?
No — 406 Illinois St does not appear in our flips dataset.
Is 406 Illinois St a tax-appeal candidate?
No — 406 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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