705 Orchard Ln
Monticello, IN 47960
3 bd 4 ba 2,678 sqft Built 1957 Lot 16,553 sqft single_family
Most recent sale
$587,500
Feb 6, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 6, 2023 | Sold | $587,500 | NIRA |
| Dec 2, 2022 | Listing removed | — | NIRA |
| Oct 14, 2022 | Listed | $599,900 | MLS #521401 |
| Oct 13, 2022 | Listing removed | — | NIRA |
| Sep 3, 2022 | Price changed | $624,900 | MLS #518765 |
| Aug 29, 2022 | Listed | $679,000 | MLS #518765 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $509,500 | $90,700 | $600,200 | $6,002 |
| 2022 | $278,900 | $90,700 | $369,600 | $7,419 |
| 2021 | $245,500 | $90,700 | $336,200 | $6,762 |
| 2020 | $225,700 | $90,700 | $316,400 | $6,370 |
| 2019 | $219,500 | $83,500 | $303,000 | $6,100 |
| 2018 | $173,200 | $83,500 | $256,700 | $5,176 |
| 2017 | $171,300 | $83,500 | $254,800 | $5,128 |
| 2016 | $171,500 | $83,500 | $255,000 | $5,127 |
| 2015 | $185,100 | $83,500 | $268,600 | $5,399 |
| 2014 | $185,600 | $83,500 | $269,100 | $5,405 |
| 2013 | $179,700 | $83,500 | $263,200 | $6,438 |
| 2012 | $180,900 | $83,500 | $264,400 | $3,239 |
| 2011 | $168,700 | $102,800 | $271,500 | $3,316 |
| 2010 | $177,100 | $106,000 | $283,100 | $2,878 |
| 2009 | $206,000 | $106,000 | $312,000 | $3,280 |
| 2008 | $142,500 | $106,000 | $248,500 | $5,119 |
Property facts
Year built
1957
Property type
single_family
Stories
1
Beds
3
Baths
4
Living area
2,678 sqft
Lot size
16,553 sqft
ZIP code
47960
City
Monticello
Street
Orchard Ln
Coordinates
40.73525, -86.75267
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,017
Gross rental yield
8.20%
Implied cap rate
5.33%
Trend-extrapolated value
—
Frequently asked questions
When did 705 Orchard Ln last sell?
705 Orchard Ln most recently sold on Feb 6, 2023 for $587,500.
What is the current tax assessment for 705 Orchard Ln?
The most recent total assessment for 705 Orchard Ln (year 2024) is $600,200 with $6,002 in property tax.
How does 705 Orchard Ln's assessment compare to its last sale price?
The current assessment is 2.2% above the last sale price of $587,500.
When was 705 Orchard Ln built?
705 Orchard Ln was built in 1957.
How does 705 Orchard Ln compare to others on Orchard Ln?
We track 4 other properties on Orchard Ln. Browse the list under "Other properties on Orchard Ln" to compare beds, baths, and sale history.
What are the property facts for 705 Orchard Ln?
705 Orchard Ln is a 3 bed, 4 bath, 2,678 sqft, 16,553 sqft lot single_family.
Is 705 Orchard Ln a flip candidate?
No — 705 Orchard Ln does not appear in our flips dataset.
Is 705 Orchard Ln a tax-appeal candidate?
No — 705 Orchard Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$268.5K
2026 Q4
$269K
ZIP 47960 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Orchard Ln