123 Frances St
Rensselaer, IN 47978
3 bd 2 ba 1,170 sqft Built 1960 Lot 6,970 sqft single_family
Most recent sale
$115,000
Oct 16, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 15, 2024 | Listed | $250,000 | NIRA |
| Oct 16, 2023 | Sold | $115,000 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $147,600 | $17,100 | $164,700 | $735 |
| 2024 | $84,800 | $17,100 | $101,900 | $409 |
| 2023 | $69,200 | $15,600 | $84,800 | $1,113 |
| 2022 | $59,500 | $15,600 | $75,100 | $1,088 |
| 2021 | $58,500 | $15,600 | $74,100 | $1,048 |
| 2020 | $56,700 | $15,600 | $72,300 | $1,011 |
| 2019 | $56,200 | $15,600 | $71,800 | $948 |
| 2018 | $53,600 | $15,600 | $69,200 | $908 |
| 2017 | $53,200 | $15,600 | $68,800 | $832 |
| 2016 | $51,700 | $15,600 | $67,300 | $783 |
| 2015 | $53,400 | $15,600 | $69,000 | $779 |
| 2013 | $53,600 | $15,600 | $69,200 | $1,058 |
| 2012 | $53,700 | $15,600 | $69,300 | $754 |
| 2011 | $69,200 | $17,300 | $86,500 | $1,050 |
| 2010 | $69,200 | $17,300 | $86,500 | $906 |
| 2008 | $70,800 | $14,700 | $85,500 | $199 |
| 2005 | $66,600 | $11,500 | $78,100 | $401 |
Property facts
Year built
1960
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,170 sqft
Lot size
6,970 sqft
ZIP code
47978
City
Rensselaer
Street
Frances St
Coordinates
40.93330, -87.15844
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 123 Frances St last sell?
123 Frances St most recently sold on Oct 16, 2023 for $115,000.
What is the current tax assessment for 123 Frances St?
The most recent total assessment for 123 Frances St (year 2025) is $164,700 with $735 in property tax.
How does 123 Frances St's assessment compare to its last sale price?
The current assessment is 43.2% above the last sale price of $115,000.
When was 123 Frances St built?
123 Frances St was built in 1960.
How does 123 Frances St compare to others on Frances St?
We do not currently track other properties on Frances St.
What are the property facts for 123 Frances St?
123 Frances St is a 3 bed, 2 bath, 1,170 sqft, 6,970 sqft lot single_family.
Is 123 Frances St a flip candidate?
No — 123 Frances St does not appear in our flips dataset.
Is 123 Frances St a tax-appeal candidate?
Yes — 123 Frances St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.5%
Implied 1-yr
+26.0%
2026 Q3
$290.2K
2026 Q4
$303.4K
ZIP 47978 — Median Price History + Forecast
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Geography