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5481 Polk Ln; Olive Branch, MS Property Details

5481 Polk Ln, Olive Branch, MS is a Single Family that was built in 1993. This property is currently Financed and is not for sale. Our records show that 5481 Polk Ln has 4 bedrooms, and a total of 3,920 square feet. The lot size of 5481 Polk Ln is 130,680 square feet.

Off market
5481 Polk Ln Olive Branch, MS 38654
$225,000 Listing Price
4 Beds
3,920 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $281,800
  • Est. Equity / %: $354,000 / 100%
  • Gross Yield: 11.386%
  • APN: 2-06-1-01-00-0-00037-00
  • Situs County: Desoto
  • Length Of Ownership: 18 years, 6 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 8

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick veneer
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Roof Type: Gable
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 3,920/SqFt
  • Lot: 130,680/SqFt
  • Living: 3,920/SqFt
  • Building: 3,920/SqFt
  • Ground: 1,892/SqFt
  • Price Per Square Foot: $71.89

Legal Description

  • Description: PT NE 1/4 SE 1/4 LOT 35
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: DeSoto County School District
  • Lat / Lon: 34.940422 / -89.778534
  • Subdivision: American Savings Bank
  • Property Class: Residential
  • Zoning: A-R
  • County Use Code: RES

Amenities

  • Plus Four: 7663

Ownership Info

5481 Polk Ln has no associated ownership info
5481 Polk Ln has no associated ownership info.

Taxes

5481 Polk Ln has 10 associated Taxes items

5481 Polk Ln, Olive Branch, MS pays taxes in Desoto County, MS. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $50,492. The APN we've located for 5481 Polk Ln is 2-06-1-01-00-0-00037-00.

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Taxes
  • Assessed Value:  $50,492
  • Assessed Year:  2025
  • Assessed County:  Desoto
  • APN:  2-06-1-01-00-0-00037-00
  • Assessed Land Value:  4500
  • Market Land Value:  30000
  • Tax Amount:  4165.09
  • Tax Year:  2025
  • Market Value:  336612
  • Market Year:  2025

Tax History

5481 Polk Ln has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,492 Land Value $4,500 Improvement Value $45,992 Tax Amount $4,165.09 Change Rate +0.14707% Assessed CR Tax Rate +0.08249%
Year 2024 Assessed Value $36,318 Land Value $4,500 Improvement Value $31,818 Tax Amount $3,631.07 Change Rate Assessed CR Tax Rate +0.09998%
Year 2023 Assessed Value $36,318 Land Value Improvement Value Tax Amount $3,631.07 Change Rate Assessed CR Tax Rate +0.09998%
Year 2022 Assessed Value $36,318 Land Value $4,500 Improvement Value $31,818 Tax Amount $3,631.07 Change Rate Assessed CR Tax Rate +0.09998%
Year 2021 Assessed Value $36,318 Land Value $4,500 Improvement Value $31,818 Tax Amount $3,631.07 Change Rate +0.074306% Assessed CR Tax Rate +0.09998%
Year 2020 Assessed Value $33,806 Land Value $4,500 Improvement Value $29,306 Tax Amount $3,379.92 Change Rate Assessed CR Tax Rate +0.09998%
Year 2019 Assessed Value $33,806 Land Value $4,500 Improvement Value $29,306 Tax Amount $3,379.92 Change Rate Assessed CR Tax Rate +0.09998%
Year 2018 Assessed Value Land Value Improvement Value Tax Amount $3,379.92 Change Rate +0.024613% Assessed CR Tax Rate
Year 2017 Assessed Value $61,016 Land Value $32,758 Improvement Value $28,258 Tax Amount $3,298.73 Change Rate Assessed CR Tax Rate +0.054063%
Year 2016 Assessed Value $32,758 Land Value $4,500 Improvement Value $28,258 Tax Amount $3,298.73 Change Rate Assessed CR Tax Rate +0.1007%
Year 2015 Assessed Value $61,016 Land Value $32,758 Improvement Value $28,258 Tax Amount $3,298.73 Change Rate Assessed CR Tax Rate +0.054063%
Year 2014 Assessed Value $32,758 Land Value Improvement Value Tax Amount $3,298.73 Change Rate Assessed CR Tax Rate +0.1007%
Year 2013 Assessed Value $32,758 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,298.73 Change Rate Assessed CR Tax Rate