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406 Pheasant Run

Rensselaer, IN 47978

2 bd 2 ba 1,396 sqft Built 2002 Lot 9,148 sqft condos
Most recent sale
$78,750
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 15, 2024 Sold $220,000 NIRA
Apr 18, 2024 Listing removed NIRA
Mar 23, 2024 Price changed $229,000 NIRA
Feb 22, 2024 Price changed $235,000 NIRA
Jan 23, 2024 Price changed $239,900 NIRA
Dec 16, 2023 Listed $240,000 NIRA
Apr 22, 2022 Sold $78,750 Public Record
Jul 23, 2019 Sold $145,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,800 $36,500 $189,300 $895
2024 $144,600 $36,500 $181,100 $1,010
2023 $115,500 $32,000 $147,500 $858
2022 $106,800 $32,000 $138,800 $821
2021 $104,300 $32,000 $136,300 $1,942
2020 $101,700 $32,000 $133,700 $1,865
2019 $101,000 $32,000 $133,000 $717
2018 $100,700 $32,000 $132,700 $685
2017 $99,000 $32,000 $131,000 $654
2016 $98,000 $32,000 $130,000 $607
2015 $98,300 $32,000 $130,300 $605
2013 $97,800 $32,000 $129,800 $797
2012 $98,800 $32,000 $130,800 $574
2011 $82,400 $41,900 $124,300 $589
2010 $88,700 $45,000 $133,700 $535
2008 $118,800 $40,300 $159,100 $733
2005 $87,100 $19,600 $106,700 $899

Property facts

Year built
2002
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,396 sqft
Lot size
9,148 sqft
ZIP code
47978
City
Rensselaer
Street
Pheasant Run
Coordinates
40.93734, -87.16931

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
$473
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Pheasant Run last sell?
406 Pheasant Run most recently sold on Apr 22, 2022 for $78,750.
What is the current tax assessment for 406 Pheasant Run?
The most recent total assessment for 406 Pheasant Run (year 2025) is $189,300 with $895 in property tax.
How does 406 Pheasant Run's assessment compare to its last sale price?
The current assessment is 140.4% above the last sale price of $78,750.
When was 406 Pheasant Run built?
406 Pheasant Run was built in 2002.
How does 406 Pheasant Run compare to others on Pheasant Run?
We track 8 other properties on Pheasant Run. Browse the list under "Other properties on Pheasant Run" to compare beds, baths, and sale history.
What are the property facts for 406 Pheasant Run?
406 Pheasant Run is a 2 bed, 2 bath, 1,396 sqft, 9,148 sqft lot condos.
Is 406 Pheasant Run a flip candidate?
No — 406 Pheasant Run does not appear in our flips dataset.
Is 406 Pheasant Run a tax-appeal candidate?
No — 406 Pheasant Run 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
+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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