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518 Benham Ln

Springville, IN 47462

3 bd 2 ba 1,695 sqft Built 1952 Lot 87,120 sqft single_family
Most recent sale
$50,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 30, 2023 Sold $50,000 Public Record
Oct 14, 2015 Listing removed $104,900 Bedford
Sep 17, 2015 Price changed $104,900 Bedford
Aug 13, 2015 Relisted $114,900 Bedford
Aug 5, 2015 Listing removed $114,900 Bedford
Jul 30, 2015 Listed $114,900 Bedford

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $154,700 $19,900 $174,600 $1,109
2024 $154,700 $19,900 $174,600 $1,185
2023 $132,100 $18,600 $150,700 $1,097
2022 $115,500 $18,000 $133,500 $1,052
2021 $109,900 $17,500 $127,400 $918
2020 $106,100 $17,100 $123,200 $862
2019 $103,300 $16,800 $120,100 $833
2018 $96,500 $16,100 $112,600 $808
2017 $95,600 $15,800 $111,400 $721
2016 $94,200 $15,300 $109,500 $697
2015 $92,000 $14,300 $106,300 $674
2013 $91,000 $14,300 $105,300 $1,901
2012 $96,400 $14,300 $110,700 $1,902
2011 $99,500 $13,100 $112,600 $850
2010 $99,500 $12,400 $111,900 $817
2006 $96,000 $11,000 $107,000 $867

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,695 sqft
Lot size
87,120 sqft
ZIP code
47462
City
Springville
Street
Benham Ln
Coordinates
38.91460, -86.55633

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 518 Benham Ln last sell?
518 Benham Ln most recently sold on Nov 30, 2023 for $50,000.
What is the current tax assessment for 518 Benham Ln?
The most recent total assessment for 518 Benham Ln (year 2025) is $174,600 with $1,109 in property tax.
How does 518 Benham Ln's assessment compare to its last sale price?
The current assessment is 249.2% above the last sale price of $50,000.
When was 518 Benham Ln built?
518 Benham Ln was built in 1952.
How does 518 Benham Ln compare to others on Benham Ln?
We track 5 other properties on Benham Ln. Browse the list under "Other properties on Benham Ln" to compare beds, baths, and sale history.
What are the property facts for 518 Benham Ln?
518 Benham Ln is a 3 bed, 2 bath, 1,695 sqft, 87,120 sqft lot single_family.
Is 518 Benham Ln a flip candidate?
No — 518 Benham Ln does not appear in our flips dataset.
Is 518 Benham Ln a tax-appeal candidate?
Yes — 518 Benham Ln 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 valuation
Quarterly trend
-5.2%
Implied 1-yr
-20.9%
2026 Q3
$147.6K
2026 Q4
$135.9K
ZIP 47462 — Median Price History + Forecast

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