1551 Lakeshore Dr
Albion, IN 46701
2 bd 1 ba 508 sqft Built 1943 Lot 5,663 sqft single_family
Most recent sale
$130,625
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $130,625 | Public Record |
| Sep 26, 2022 | Sold | $110,000 | IRMLS |
| Aug 1, 2022 | Price changed | $121,700 | MLS #202214451 |
| Jun 30, 2022 | Price changed | $121,900 | MLS #202214451 |
| Jun 18, 2022 | Price changed | $122,900 | MLS #202214451 |
| Apr 22, 2022 | Listed | $123,500 | MLS #202214451 |
| May 14, 2020 | Sold | $47,500 | IRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $45,900 | $12,900 | $58,800 | $157 |
| 2022 | $38,100 | $12,900 | $51,000 | $117 |
| 2021 | $31,500 | $12,500 | $44,000 | $575 |
| 2020 | $26,500 | $10,500 | $37,000 | $564 |
| 2019 | $25,200 | $10,000 | $35,200 | $514 |
| 2018 | $24,000 | $10,000 | $34,000 | $505 |
| 2017 | $23,600 | $10,000 | $33,600 | $501 |
| 2016 | $22,500 | $10,000 | $32,500 | $482 |
| 2015 | $21,600 | $10,000 | $31,600 | $468 |
| 2014 | $21,600 | $10,000 | $31,600 | $421 |
| 2013 | $23,000 | $10,000 | $33,000 | $506 |
| 2012 | $20,200 | $10,000 | $30,200 | $443 |
| 2011 | $17,600 | $10,000 | $27,600 | $388 |
| 2010 | $17,600 | $10,000 | $27,600 | $381 |
| 2009 | $17,600 | $10,000 | $27,600 | $390 |
| 2008 | $19,200 | $10,000 | $29,200 | $411 |
Property facts
Year built
1943
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
508 sqft
Lot size
5,663 sqft
ZIP code
46701
City
Albion
Street
Lakeshore Dr
Coordinates
41.33089, -85.45862
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$762
Gross rental yield
7.00%
Implied cap rate
4.55%
Trend-extrapolated value
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Frequently asked questions
When did 1551 Lakeshore Dr last sell?
1551 Lakeshore Dr most recently sold on Sep 30, 2022 for $130,625.
What is the current tax assessment for 1551 Lakeshore Dr?
The most recent total assessment for 1551 Lakeshore Dr (year 2024) is $58,800 with $157 in property tax.
How does 1551 Lakeshore Dr's assessment compare to its last sale price?
The current assessment is 55.0% below the last sale price of $130,625.
When was 1551 Lakeshore Dr built?
1551 Lakeshore Dr was built in 1943.
How does 1551 Lakeshore Dr compare to others on Lakeshore Dr?
We track 8 other properties on Lakeshore Dr. Browse the list under "Other properties on Lakeshore Dr" to compare beds, baths, and sale history.
What are the property facts for 1551 Lakeshore Dr?
1551 Lakeshore Dr is a 2 bed, 1 bath, 508 sqft, 5,663 sqft lot single_family.
Is 1551 Lakeshore Dr a flip candidate?
No — 1551 Lakeshore Dr does not appear in our flips dataset.
Is 1551 Lakeshore Dr a tax-appeal candidate?
No — 1551 Lakeshore Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.8%
2026 Q3
$405.3K
2026 Q4
$424.2K
ZIP 46701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lakeshore Dr