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406 Taft Rd

Muncie, IN 47304

4 bd 2 ba 1,699 sqft Built 1955 Lot 13,939 sqft single_family
Most recent sale
$170,000
Dec 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 1, 2022 Sold $170,000 IRMLS
Oct 8, 2022 Listed $185,000 IRMLS
Dec 17, 2020 Sold $132,500 IRMLS
May 16, 2019 Sold $91,437 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $206,900 $17,100 $224,000 $2,347
2022 $98,200 $14,300 $112,500 $1,257
2021 $84,500 $14,800 $99,300 $1,125
2020 $70,400 $12,300 $82,700 $955
2019 $100,300 $11,800 $112,100 $896
2018 $100,300 $11,800 $112,100 $1,255
2017 $93,500 $12,600 $106,100 $1,190
2016 $91,200 $12,600 $103,800 $1,190
2015 $89,500 $12,600 $102,100 $1,132
2013 $86,700 $12,600 $99,300 $1,758
2012 $84,600 $12,600 $97,200 $1,755
2011 $61,700 $10,800 $72,500 $846
2010 $75,100 $12,600 $87,700 $851

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,699 sqft
Lot size
13,939 sqft
ZIP code
47304
City
Muncie
Street
Taft Rd
Coordinates
40.19717, -85.43317

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
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Taft Rd last sell?
406 Taft Rd most recently sold on Dec 1, 2022 for $170,000.
What is the current tax assessment for 406 Taft Rd?
The most recent total assessment for 406 Taft Rd (year 2024) is $224,000 with $2,347 in property tax.
How does 406 Taft Rd's assessment compare to its last sale price?
The current assessment is 31.8% above the last sale price of $170,000.
When was 406 Taft Rd built?
406 Taft Rd was built in 1955.
How does 406 Taft Rd compare to others on Taft Rd?
We track 7 other properties on Taft Rd. Browse the list under "Other properties on Taft Rd" to compare beds, baths, and sale history.
What are the property facts for 406 Taft Rd?
406 Taft Rd is a 4 bed, 2 bath, 1,699 sqft, 13,939 sqft lot single_family.
Is 406 Taft Rd a flip candidate?
Yes — 406 Taft Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 406 Taft Rd a tax-appeal candidate?
Yes — 406 Taft Rd 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
-8.7%
Implied 1-yr
-34.8%
2026 Q3
$104.4K
2026 Q4
$83.6K
ZIP 47304 — Median Price History + Forecast

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