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428 Michigan St

Wabash, IN 46992

2 bd 1 ba 1,396 sqft Built 1900 Lot 13,939 sqft single_family
Most recent sale
$85,000
May 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 2, 2022 Sold $85,000 Public Record
Apr 29, 2022 Sold $85,000 IRMLS
Mar 22, 2022 Listed $85,000 MLS #202209546
Nov 1, 2011 Sold $82,907 Public Record
Nov 1, 2011 Listing removed $65,000 centralindiana
Aug 29, 2011 Listed $65,000 MLS #77068487
Apr 28, 2009 Sold $46,725 Public Record
Feb 18, 2009 Listed MLS #200902172

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $87,200 $14,000 $101,200 $1,012
2022 $77,200 $14,000 $91,200 $905
2021 $70,400 $14,000 $84,400 $736
2020 $65,300 $14,000 $79,300 $626
2019 $65,400 $14,000 $79,400 $536
2018 $64,800 $14,000 $78,800 $527
2017 $62,000 $13,900 $75,900 $529
2016 $61,900 $13,900 $75,800 $328
2015 $61,900 $13,900 $75,800 $291
2014 $61,900 $13,900 $75,800 $272
2013 $60,500 $14,000 $74,500 $538
2012 $60,700 $14,000 $74,700 $565
2011 $75,400 $11,600 $87,000 $749
2010 $79,100 $11,600 $90,700 $124
2009 $79,700 $11,600 $91,300 $8
2008 $82,300 $11,600 $93,900 $12

Property facts

Year built
1900
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,396 sqft
Lot size
13,939 sqft
ZIP code
46992
City
Wabash
Street
Michigan St
Coordinates
40.81228, -85.81491

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 428 Michigan St last sell?
428 Michigan St most recently sold on May 2, 2022 for $85,000.
What is the current tax assessment for 428 Michigan St?
The most recent total assessment for 428 Michigan St (year 2024) is $101,200 with $1,012 in property tax.
How does 428 Michigan St's assessment compare to its last sale price?
The current assessment is 19.1% above the last sale price of $85,000.
When was 428 Michigan St built?
428 Michigan St was built in 1900.
How does 428 Michigan St compare to others on Michigan St?
We track 8 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 428 Michigan St?
428 Michigan St is a 2 bed, 1 bath, 1,396 sqft, 13,939 sqft lot single_family.
Is 428 Michigan St a flip candidate?
No — 428 Michigan St does not appear in our flips dataset.
Is 428 Michigan St a tax-appeal candidate?
Yes — 428 Michigan 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 valuation
Quarterly trend
+2.2%
Implied 1-yr
+8.9%
2026 Q3
$170.8K
2026 Q4
$174.1K
ZIP 46992 — Median Price History + Forecast

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