3850 Franklin St
New Albany, IN 47150
3 bd 2 ba 1,296 sqft Built 1987 Lot 12,632 sqft single_family
Most recent sale
$257,687
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 27, 2023 | Sold | $214,000 | Public Record |
| Mar 27, 2023 | Relisted | $214,900 | SIRA |
| Mar 8, 2023 | Relisted | $214,900 | SIRA |
| Feb 9, 2023 | Listed | $214,900 | SIRA |
| Jun 2, 2022 | Sold | $257,687 | Public Record |
| Apr 22, 2022 | Listed | $220,000 | MLS #202208338 |
| Jan 28, 2021 | Sold | $370,000 | Public Record |
| Jan 27, 2021 | Sold | $185,000 | Louisville |
| Dec 16, 2020 | Listed | $185,000 | MLS #1575984 |
| Dec 15, 2020 | Listed | $185,000 | MLS #2020012486 |
| Mar 19, 2019 | Sold | $72,500 | Public Record |
| Feb 13, 2019 | Listed | $69,900 | MLS #201905846 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $146,600 | $39,900 | $186,500 | $1,124 |
| 2022 | $111,400 | $39,900 | $151,300 | $1,099 |
| 2021 | $93,100 | $39,900 | $133,000 | $855 |
| 2020 | $86,200 | $39,900 | $126,100 | $2,010 |
| 2019 | $93,100 | $39,900 | $133,000 | $2,050 |
| 2018 | $79,800 | $39,900 | $119,700 | $1,793 |
| 2017 | $66,800 | $39,900 | $106,700 | $1,720 |
| 2016 | $58,000 | $40,000 | $98,000 | $547 |
| 2015 | $57,100 | $40,000 | $97,100 | $629 |
| 2014 | $57,100 | $40,000 | $97,100 | $479 |
| 2013 | $61,200 | $39,900 | $101,100 | $566 |
| 2012 | $66,500 | $39,900 | $106,400 | $614 |
| 2011 | $82,500 | $9,600 | $92,100 | $452 |
| 2010 | $82,500 | $9,600 | $92,100 | $481 |
| 2009 | $89,200 | $9,600 | $98,800 | $401 |
Property facts
Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
12,632 sqft
ZIP code
47150
City
New Albany
Street
Franklin St
Coordinates
38.34909, -85.80453
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,944
Gross rental yield
9.05%
Implied cap rate
5.88%
Trend-extrapolated value
—
Frequently asked questions
When did 3850 Franklin St last sell?
3850 Franklin St most recently sold on Jun 2, 2022 for $257,687.
What is the current tax assessment for 3850 Franklin St?
The most recent total assessment for 3850 Franklin St (year 2024) is $186,500 with $1,124 in property tax.
How does 3850 Franklin St's assessment compare to its last sale price?
The current assessment is 27.6% below the last sale price of $257,687.
When was 3850 Franklin St built?
3850 Franklin St was built in 1987.
How does 3850 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 3850 Franklin St?
3850 Franklin St is a 3 bed, 2 bath, 1,296 sqft, 12,632 sqft lot single_family.
Is 3850 Franklin St a flip candidate?
Yes — 3850 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3850 Franklin St a tax-appeal candidate?
No — 3850 Franklin St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$227.7K
2026 Q4
$223.6K
ZIP 47150 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Franklin St