508 Oak Rd
Albion, IN 46701
2 bd 2 ba 1,255 sqft Built 1950 Lot 17,424 sqft single_family
Most recent sale
$207,812
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2022 | Sold | $207,812 | Public Record |
| Jul 22, 2022 | Sold | $175,000 | IRMLS |
| Jun 18, 2022 | Listed | $170,000 | MLS #202224469 |
| Apr 30, 2019 | Sold | $93,500 | Public Record |
| Apr 24, 2019 | Listed | $95,000 | IRMLS |
| Apr 24, 2019 | Relisted | $95,000 | MLS #201911709 |
| Apr 23, 2019 | Sold | $93,500 | IRMLS |
| Apr 3, 2019 | Listed | $95,000 | MLS #201911709 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $119,400 | $34,000 | $153,400 | $1,182 |
| 2022 | $89,600 | $21,800 | $111,400 | $721 |
| 2021 | $81,700 | $21,800 | $103,500 | $640 |
| 2020 | $74,100 | $19,600 | $93,700 | $579 |
| 2019 | $69,800 | $18,500 | $88,300 | $25 |
| 2018 | $69,200 | $18,300 | $87,500 | $25 |
| 2017 | $65,600 | $18,300 | $83,900 | $25 |
| 2016 | $63,700 | $9,200 | $72,900 | $25 |
| 2008 | $71,000 | $10,600 | $81,600 | $36 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,255 sqft
Lot size
17,424 sqft
ZIP code
46701
City
Albion
Street
Oak Rd
Coordinates
41.40002, -85.42609
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,883
Gross rental yield
10.87%
Implied cap rate
7.07%
Trend-extrapolated value
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Frequently asked questions
When did 508 Oak Rd last sell?
508 Oak Rd most recently sold on Jul 29, 2022 for $207,812.
What is the current tax assessment for 508 Oak Rd?
The most recent total assessment for 508 Oak Rd (year 2024) is $153,400 with $1,182 in property tax.
How does 508 Oak Rd's assessment compare to its last sale price?
The current assessment is 26.2% below the last sale price of $207,812.
When was 508 Oak Rd built?
508 Oak Rd was built in 1950.
How does 508 Oak Rd compare to others on Oak Rd?
We do not currently track other properties on Oak Rd.
What are the property facts for 508 Oak Rd?
508 Oak Rd is a 2 bed, 2 bath, 1,255 sqft, 17,424 sqft lot single_family.
Is 508 Oak Rd a flip candidate?
No — 508 Oak Rd does not appear in our flips dataset.
Is 508 Oak Rd a tax-appeal candidate?
No — 508 Oak Rd 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
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Geography