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408 Morton Ln

Ossian, IN 46777

3 bd 1 ba 1,216 sqft Built 1964 Lot 13,068 sqft single_family
Most recent sale
$168,625
Sep 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2022 Sold $168,625 Public Record
Sep 2, 2022 Sold $151,000 IRMLS
Jun 9, 2022 Listed MLS #202222723

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $154,100 $35,900 $190,000 $1,204
2022 $125,200 $24,700 $149,900 $677
2021 $107,400 $24,700 $132,100 $181
2020 $91,700 $24,700 $116,400 $159
2019 $91,700 $24,700 $116,400 $189
2018 $80,200 $13,500 $93,700 $196
2017 $79,100 $13,500 $92,600 $193
2016 $78,300 $13,100 $91,400 $190
2015 $76,900 $13,100 $90,000 $166
2014 $76,300 $13,100 $89,400 $164
2013 $77,100 $13,100 $90,200 $274
2012 $75,000 $13,100 $88,100 $277
2011 $74,800 $13,100 $87,900 $174
2010 $76,300 $13,100 $89,400 $137
2009 $76,300 $13,100 $89,400 $127
2008 $77,900 $13,100 $91,000 $204

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,216 sqft
Lot size
13,068 sqft
ZIP code
46777
City
Ossian
Street
Morton Ln
Coordinates
40.88401, -85.16154

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
$1,824
Gross rental yield
12.98%
Implied cap rate
8.44%
Trend-extrapolated value

Frequently asked questions

When did 408 Morton Ln last sell?
408 Morton Ln most recently sold on Sep 6, 2022 for $168,625.
What is the current tax assessment for 408 Morton Ln?
The most recent total assessment for 408 Morton Ln (year 2024) is $190,000 with $1,204 in property tax.
How does 408 Morton Ln's assessment compare to its last sale price?
The current assessment is 12.7% above the last sale price of $168,625.
When was 408 Morton Ln built?
408 Morton Ln was built in 1964.
How does 408 Morton Ln compare to others on Morton Ln?
We track 8 other properties on Morton Ln. Browse the list under "Other properties on Morton Ln" to compare beds, baths, and sale history.
What are the property facts for 408 Morton Ln?
408 Morton Ln is a 3 bed, 1 bath, 1,216 sqft, 13,068 sqft lot single_family.
Is 408 Morton Ln a flip candidate?
No — 408 Morton Ln does not appear in our flips dataset.
Is 408 Morton Ln a tax-appeal candidate?
No — 408 Morton 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
+2.3%
Implied 1-yr
+9.4%
2026 Q1
$285.6K
2026 Q2
$291.4K
ZIP 46777 — Median Price History + Forecast

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