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242 Franklin St

Parker City, IN 47368

2 bd 1 ba 1,028 sqft Built 1954 Lot 13,504 sqft single_family
Most recent sale
$87,630
Dec 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 28, 2022 Listing removed $87,000 MIBOR
Dec 28, 2022 Sold $87,630 IRMLS
Oct 7, 2022 Listed $87,000 MIBOR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $69,200 $13,400 $82,600 $27
2022 $64,700 $13,400 $78,100 $34
2021 $52,900 $14,400 $67,300 $27
2020 $52,900 $13,100 $66,000 $27
2019 $45,500 $13,100 $58,600 $27
2018 $45,000 $13,100 $58,100 $27
2017 $45,000 $13,100 $58,100 $27
2016 $43,400 $13,100 $56,500 $27
2013 $44,500 $13,200 $57,700 $364
2012 $45,200 $13,200 $58,400 $368
2011 $45,400 $9,800 $55,200 $331
2010 $45,400 $9,800 $55,200 $307

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,028 sqft
Lot size
13,504 sqft
ZIP code
47368
City
Parker City
Street
Franklin St
Coordinates
40.19200, -85.20553

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
$526
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 242 Franklin St last sell?
242 Franklin St most recently sold on Dec 28, 2022 for $87,630.
What is the current tax assessment for 242 Franklin St?
The most recent total assessment for 242 Franklin St (year 2024) is $82,600 with $27 in property tax.
How does 242 Franklin St's assessment compare to its last sale price?
The current assessment is 5.7% below the last sale price of $87,630.
When was 242 Franklin St built?
242 Franklin St was built in 1954.
How does 242 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 242 Franklin St?
242 Franklin St is a 2 bed, 1 bath, 1,028 sqft, 13,504 sqft lot single_family.
Is 242 Franklin St a flip candidate?
No — 242 Franklin St does not appear in our flips dataset.
Is 242 Franklin St a tax-appeal candidate?
No — 242 Franklin St 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
+7.5%
Implied 1-yr
+29.9%
2026 Q1
$311.2K
2026 Q2
$326.9K
ZIP 47368 — Median Price History + Forecast

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