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505 Eastern Ave

Sunman, IN 47041

3 bd 2 ba 1,421 sqft Built 1958 Lot 39,291 sqft single_family
Most recent sale
$288,750
Jun 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 2, 2022 Sold $288,750 Public Record
May 6, 2022 Listed $244,900 MLS #1737827

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $155,700 $23,500 $179,200 $1,466
2022 $159,100 $23,500 $182,600 $1,723
2021 $158,200 $23,500 $181,700 $1,737
2020 $158,200 $23,500 $181,700 $1,678
2019 $134,800 $23,500 $158,300 $1,354
2018 $125,400 $23,500 $148,900 $1,333
2017 $125,400 $23,500 $148,900 $1,226
2016 $125,600 $23,500 $149,100 $1,188
2015 $124,300 $23,800 $148,100 $1,151
2013 $127,000 $23,800 $150,800 $1,435
2012 $123,600 $23,800 $147,400 $1,216
2011 $125,400 $23,800 $149,200 $1,209
2010 $125,400 $23,800 $149,200 $1,113
2009 $125,400 $23,800 $149,200 $991

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,421 sqft
Lot size
39,291 sqft
ZIP code
47041
City
Sunman
Street
Eastern Ave
Coordinates
39.23725, -85.08843

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
$2,132
Gross rental yield
8.86%
Implied cap rate
5.76%
Trend-extrapolated value

Frequently asked questions

When did 505 Eastern Ave last sell?
505 Eastern Ave most recently sold on Jun 2, 2022 for $288,750.
What is the current tax assessment for 505 Eastern Ave?
The most recent total assessment for 505 Eastern Ave (year 2024) is $179,200 with $1,466 in property tax.
How does 505 Eastern Ave's assessment compare to its last sale price?
The current assessment is 37.9% below the last sale price of $288,750.
When was 505 Eastern Ave built?
505 Eastern Ave was built in 1958.
How does 505 Eastern Ave compare to others on Eastern Ave?
We track 8 other properties on Eastern Ave. Browse the list under "Other properties on Eastern Ave" to compare beds, baths, and sale history.
What are the property facts for 505 Eastern Ave?
505 Eastern Ave is a 3 bed, 2 bath, 1,421 sqft, 39,291 sqft lot single_family.
Is 505 Eastern Ave a flip candidate?
No — 505 Eastern Ave does not appear in our flips dataset.
Is 505 Eastern Ave a tax-appeal candidate?
No — 505 Eastern Ave 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
+11.7%
Implied 1-yr
+46.6%
2025 Q3
$270.7K
2025 Q4
$288.6K
ZIP 47041 — Median Price History + Forecast

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