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10240 Farmers Ln

New Salisbury, IN 47161

3 bd 1 ba 1,596 sqft Built 1983 Lot 43,560 sqft single_family
Most recent sale
$185,000
Jun 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 10, 2022 Sold $185,000 Public Record
Apr 8, 2022 Price changed $199,900 MLS #202207594
Apr 1, 2022 Price changed $224,500 MLS #202207594
Mar 22, 2022 Listed $229,500 MLS #202207594
Mar 18, 2015 Sold $153,060 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $152,100 $45,000 $197,100 $1,212
2022 $187,100 $30,000 $217,100 $1,415
2021 $161,200 $30,000 $191,200 $1,224
2020 $146,100 $25,000 $171,100 $1,089
2019 $141,100 $22,500 $163,600 $1,015
2018 $133,200 $22,500 $155,700 $951
2017 $128,000 $22,500 $150,500 $1,970
2016 $126,600 $22,500 $149,100 $1,873
2015 $118,600 $21,000 $139,600 $693
2014 $113,300 $20,000 $133,300 $640
2013 $108,600 $19,200 $127,800 $680
2012 $110,300 $19,200 $129,500 $718
2011 $120,400 $19,200 $139,600 $836
2010 $129,400 $20,000 $149,400 $1,301
2009 $129,400 $20,000 $149,400 $853
2005 $46,600 $3,800 $1,043,000

Property facts

Year built
1983
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,596 sqft
Lot size
43,560 sqft
ZIP code
47161
City
New Salisbury
Street
Farmers Ln
Coordinates
38.34953, -86.06866

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 10240 Farmers Ln last sell?
10240 Farmers Ln most recently sold on Jun 10, 2022 for $185,000.
What is the current tax assessment for 10240 Farmers Ln?
The most recent total assessment for 10240 Farmers Ln (year 2024) is $197,100 with $1,212 in property tax.
How does 10240 Farmers Ln's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $185,000.
When was 10240 Farmers Ln built?
10240 Farmers Ln was built in 1983.
How does 10240 Farmers Ln compare to others on Farmers Ln?
We track 4 other properties on Farmers Ln. Browse the list under "Other properties on Farmers Ln" to compare beds, baths, and sale history.
What are the property facts for 10240 Farmers Ln?
10240 Farmers Ln is a 3 bed, 1 bath, 1,596 sqft, 43,560 sqft lot single_family.
Is 10240 Farmers Ln a flip candidate?
No — 10240 Farmers Ln does not appear in our flips dataset.
Is 10240 Farmers Ln a tax-appeal candidate?
No — 10240 Farmers Ln 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
+10.7%
Implied 1-yr
+42.9%
2026 Q1
$913.8K
2026 Q2
$913.8K
ZIP 47161 — Median Price History + Forecast

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