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196 Ivan Rd

Memphis, TN 38109

3 bd 2 ba 1,120 sqft Built 1959 Lot 15,300 sqft single_family
Most recent sale
$62,118
Oct 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2025 Listed for rent $1,050 AppfolioUnits
Jul 2, 2024 Sold $1,918,000 Public Record
Jan 31, 2024 Listing removed Memphis
Dec 1, 2023 Listed $133,000 Memphis
Aug 11, 2023 Listing removed RentlinxUnits
Aug 9, 2023 Price changed (rent) $1,050 RentlinxUnits
Aug 8, 2023 Listed for rent $1,152 RentlinxUnits
Apr 14, 2023 Listing removed Mynd.co
Mar 4, 2023 Listed for rent $1,155 RentlinxUnits
Mar 3, 2023 Listed for rent $1,155 Mynd.co
Feb 26, 2023 Listing removed RentlinxUnits
Feb 25, 2023 Listing removed Mynd.co
Jan 9, 2023 Listed for rent $1,155 RentlinxUnits
Jan 6, 2023 Listed for rent $1,155 Mynd.co
Oct 31, 2022 Sold $62,118 Memphis

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $17,875 $4,225 $22,100 $1,164
2024 $17,875 $4,225 $22,100 $1,022
2023 $12,125 $3,400 $15,525 $945
2022 $12,125 $3,400 $15,525 $945
2021 $12,125 $3,400 $15,525 $956
2020 $8,925 $3,400 $12,325 $893
2019 $8,925 $3,400 $12,325 $893
2018 $8,925 $3,400 $12,325 $893
2017 $8,925 $3,400 $12,325 $506
2016 $7,900 $3,400 $11,300 $493
2015 $7,900 $3,400 $11,300 $493
2014 $7,900 $3,400 $11,300 $493
2013 $7,900 $3,400 $11,300 $294
2012 $12,125 $3,400 $15,525 $274
2010 $12,125 $3,400 $15,525 $624
2007 $12,575 $3,000 $15,575 $1,163
2006 $12,575 $3,000 $15,575 $1,163

Property facts

Year built
1959
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,120 sqft
Lot size
15,300 sqft
ZIP code
38109
City
Memphis
Street
Ivan Rd
Coordinates
35.03937, -90.05747

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$373
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 196 Ivan Rd last sell?
196 Ivan Rd most recently sold on Oct 31, 2022 for $62,118.
What is the current tax assessment for 196 Ivan Rd?
The most recent total assessment for 196 Ivan Rd (year 2025) is $22,100 with $1,164 in property tax.
How does 196 Ivan Rd's assessment compare to its last sale price?
The current assessment is 64.4% below the last sale price of $62,118.
When was 196 Ivan Rd built?
196 Ivan Rd was built in 1959.
How does 196 Ivan Rd compare to others on Ivan Rd?
We track 8 other properties on Ivan Rd. Browse the list under "Other properties on Ivan Rd" to compare beds, baths, and sale history.
What are the property facts for 196 Ivan Rd?
196 Ivan Rd is a 3 bed, 2 bath, 1,120 sqft, 15,300 sqft lot single_family.
Is 196 Ivan Rd a flip candidate?
No — 196 Ivan Rd does not appear in our flips dataset.
Is 196 Ivan Rd a tax-appeal candidate?
No — 196 Ivan Rd 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
-5.4%
Implied 1-yr
-21.4%
2026 Q3
$79.1K
2026 Q4
$72.6K
ZIP 38109 — Median Price History + Forecast

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