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505 Indiana St

Bellingham, WA 98225

2 bd 2 ba 1,556 sqft Built 1925 Lot 6,534 sqft single_family
Most recent sale
$710,000
Apr 9, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 9, 2024 Sold $710,000 NWMLS
Mar 13, 2024 Listed $675,000 NWMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2026 $440,080 $301,264 $741,344 $6,156
2025 $440,080 $301,264 $741,344 $5,891
2024 $438,110 $299,915 $738,025 $538
2023 $377,687 $258,552 $636,239 $1,453
2022 $299,752 $205,200 $504,952 $1,666
2021 $277,548 $190,000 $467,548 $1,819
2020 $253,643 $191,326 $444,969 $1,889
2019 $227,652 $171,776 $399,428 $2,007
2018 $196,004 $147,890 $343,894 $4,084
2017 $177,198 $132,710 $309,908 $3,522
2016 $161,145 $121,210 $282,355 $3,082
2015 $152,889 $115,000 $267,889 $3,022
2014 $142,284 $107,100 $249,384 $882
2013 $136,157 $102,000 $238,157 $887
2012 $136,157 $102,000 $238,157 $815
2011 $119,255 $75,000 $194,255 $796
2010 $119,255 $75,000 $194,255 $741
2009 $119,255 $75,000 $194,255 $755
2008 $119,255 $75,000 $194,255 $1,912

Property facts

Year built
1925
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,556 sqft
Lot size
6,534 sqft
ZIP code
98225
City
Bellingham
Street
Indiana St
Coordinates
48.76918, -122.48005

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,579
Gross rental yield
6.05%
Implied cap rate
3.93%
Trend-extrapolated value

Frequently asked questions

When did 505 Indiana St last sell?
505 Indiana St most recently sold on Apr 9, 2024 for $710,000.
What is the current tax assessment for 505 Indiana St?
The most recent total assessment for 505 Indiana St (year 2026) is $741,344 with $6,156 in property tax.
How does 505 Indiana St's assessment compare to its last sale price?
The current assessment is 4.4% above the last sale price of $710,000.
When was 505 Indiana St built?
505 Indiana St was built in 1925.
How does 505 Indiana St compare to others on Indiana St?
We track 8 other properties on Indiana St. Browse the list under "Other properties on Indiana St" to compare beds, baths, and sale history.
What are the property facts for 505 Indiana St?
505 Indiana St is a 2 bed, 2 bath, 1,556 sqft, 6,534 sqft lot single_family.
Is 505 Indiana St a flip candidate?
No — 505 Indiana St does not appear in our flips dataset.
Is 505 Indiana St a tax-appeal candidate?
No — 505 Indiana St 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
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$1.11M
2026 Q4
$1.14M
ZIP 98225 — Median Price History + Forecast

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