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506 Lakeland Ave

Monticello, IN 47960

4 bd 3 ba 1,614 sqft Built 1974 Lot 6,098 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 5, 2021 Sold $157,000 IRMLS
May 26, 2021 Sold $60,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $171,900 $9,200 $181,100 $3,622
2022 $125,200 $9,200 $134,400 $2,689
2021 $94,600 $9,200 $103,800 $923
2020 $82,300 $9,200 $91,500 $735
2019 $83,400 $9,200 $92,600 $732
2018 $83,500 $9,200 $92,700 $736
2017 $78,400 $9,200 $87,600 $548
2016 $78,400 $9,200 $87,600 $533
2015 $80,000 $9,200 $89,200 $513
2013 $88,000 $8,000 $96,000 $740
2012 $87,100 $8,000 $95,100 $659
2011 $75,100 $10,900 $86,000 $520
2010 $72,600 $10,900 $83,500 $621
2008 $88,700 $15,800 $104,500 $510

Property facts

Year built
1974
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
1,614 sqft
Lot size
6,098 sqft
ZIP code
47960
City
Monticello
Street
Lakeland Ave
Coordinates
40.73986, -86.77016

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Frequently asked questions

When did 506 Lakeland Ave last sell?
No public-record sale is on file for 506 Lakeland Ave.
What is the current tax assessment for 506 Lakeland Ave?
The most recent total assessment for 506 Lakeland Ave (year 2024) is $181,100 with $3,622 in property tax.
When was 506 Lakeland Ave built?
506 Lakeland Ave was built in 1974.
How does 506 Lakeland Ave compare to others on Lakeland Ave?
We track 8 other properties on Lakeland Ave. Browse the list under "Other properties on Lakeland Ave" to compare beds, baths, and sale history.
What are the property facts for 506 Lakeland Ave?
506 Lakeland Ave is a 4 bed, 3 bath, 1,614 sqft, 6,098 sqft lot single_family.
Is 506 Lakeland Ave a flip candidate?
Yes — 506 Lakeland Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 506 Lakeland Ave a tax-appeal candidate?
Yes — 506 Lakeland Ave 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
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$268.5K
2026 Q4
$269K
ZIP 47960 — Median Price History + Forecast

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