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4000 Franks Ln

Selma, IN 47383

3 bd 2 ba 1,446 sqft Built 1962 Lot 22,950 sqft single_family
Most recent sale
$120,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2024 Sold $233,050 Public Record
Oct 21, 2022 Sold $205,000 MIBOR
Aug 29, 2022 Listed $199,900 MLS #21880173
Aug 28, 2022 Listed $199,900 MLS #202235913
Mar 25, 2022 Sold $120,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $97,100 $26,700 $123,800 $678
2022 $78,900 $26,700 $105,600 $547
2021 $72,500 $23,500 $96,000 $547
2020 $60,500 $21,300 $81,800 $425
2019 $60,500 $21,300 $81,800 $408
2018 $60,500 $21,300 $81,800 $388
2017 $60,400 $23,700 $84,100 $406
2016 $60,400 $23,700 $84,100 $397
2015 $59,700 $23,700 $83,400 $371
2014 $58,600 $23,700 $82,300 $373
2013 $58,000 $23,700 $81,700 $1,408
2012 $60,800 $23,700 $84,500 $484
2011 $73,400 $24,700 $98,100 $565
2010 $68,500 $23,500 $92,000 $420
2009 $67,100 $23,000 $90,100 $456

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,446 sqft
Lot size
22,950 sqft
ZIP code
47383
City
Selma
Street
Franks Ln
Coordinates
40.15671, -85.29773

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 4000 Franks Ln last sell?
4000 Franks Ln most recently sold on Mar 25, 2022 for $120,000.
What is the current tax assessment for 4000 Franks Ln?
The most recent total assessment for 4000 Franks Ln (year 2024) is $123,800 with $678 in property tax.
How does 4000 Franks Ln's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $120,000.
When was 4000 Franks Ln built?
4000 Franks Ln was built in 1962.
How does 4000 Franks Ln compare to others on Franks Ln?
We track 1 other property on Franks Ln. Browse the list under "Other properties on Franks Ln" to compare beds, baths, and sale history.
What are the property facts for 4000 Franks Ln?
4000 Franks Ln is a 3 bed, 2 bath, 1,446 sqft, 22,950 sqft lot single_family.
Is 4000 Franks Ln a flip candidate?
Yes — 4000 Franks Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 4000 Franks Ln a tax-appeal candidate?
No — 4000 Franks 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
+1.7%
Implied 1-yr
+7.0%
2025 Q4
$209K
2026 Q1
$212.2K
ZIP 47383 — Median Price History + Forecast

Explore nearby

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