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8507 Fownes Ln

Pendleton, IN 46064

3 bd 2 ba 1,296 sqft Built 2021 Lot 6,534 sqft single_family
Most recent sale
$260,075
Apr 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 17, 2024 Listed for rent $1,800 TurboTenant
Apr 30, 2024 Listing removed $273,000 MIBOR
Apr 29, 2024 Listing removed $273,000 MIBOR
Mar 25, 2024 Price changed $273,000 MIBOR
Mar 19, 2024 Price changed $280,000 MIBOR
Mar 11, 2024 Listed $285,000 MIBOR
Apr 18, 2022 Sold $260,075 Public Record
Apr 15, 2022 Sold $260,075 MIBOR
Apr 15, 2022 Listing removed $260,075 MIBOR
Nov 15, 2021 Sold $60,435 Public Record
Oct 13, 2021 Listed $260,075 MLS #21819005

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $219,400 $59,500 $278,900 $2,691
2023 $199,400 $56,700 $256,100 $2,561
2022 $900 $900 $10
2021 $900 $900 $22
2020 $800 $800 $22

Property facts

Year built
2021
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,296 sqft
Lot size
6,534 sqft
ZIP code
46064
City
Pendleton
Street
Fownes Ln
Coordinates
39.98571, -85.86071

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
$1,944
Gross rental yield
8.97%
Implied cap rate
5.83%
Trend-extrapolated value

Frequently asked questions

When did 8507 Fownes Ln last sell?
8507 Fownes Ln most recently sold on Apr 18, 2022 for $260,075.
What is the current tax assessment for 8507 Fownes Ln?
The most recent total assessment for 8507 Fownes Ln (year 2024) is $278,900 with $2,691 in property tax.
How does 8507 Fownes Ln's assessment compare to its last sale price?
The current assessment is 7.2% above the last sale price of $260,075.
When was 8507 Fownes Ln built?
8507 Fownes Ln was built in 2021.
How does 8507 Fownes Ln compare to others on Fownes Ln?
We track 5 other properties on Fownes Ln. Browse the list under "Other properties on Fownes Ln" to compare beds, baths, and sale history.
What are the property facts for 8507 Fownes Ln?
8507 Fownes Ln is a 3 bed, 2 bath, 1,296 sqft, 6,534 sqft lot single_family.
Is 8507 Fownes Ln a flip candidate?
Yes — 8507 Fownes Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8507 Fownes Ln a tax-appeal candidate?
No — 8507 Fownes 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
-1.5%
Implied 1-yr
-5.9%
2026 Q3
$340.5K
2026 Q4
$334.9K
ZIP 46064 — Median Price History + Forecast

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