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116 Gay St

Cambridge City, IN 47327

3 bd 1 ba 1,858 sqft Built 1920 Lot 3,681 sqft single_family
Most recent sale
$64,850
Mar 17, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 4, 2024 Sold $75,200 Public Record
Dec 5, 2022 Relisted $72,900 RichmondIN
Nov 18, 2022 Price changed $72,900 RichmondIN
Sep 16, 2022 Listed $74,900 MLS #10044859
Mar 17, 2021 Sold $64,850 Public Record
Jun 8, 2018 Listing removed $59,900 RichmondIN
Jun 4, 2018 Price changed $59,900 MLS #10033202
Apr 23, 2018 Listed $64,900 MLS #10033202
Dec 8, 2017 Sold $21,250 Public Record
Sep 22, 2017 Listing removed $19,500 RichmondIN
Aug 22, 2017 Listed $19,500 MLS #10031660
Oct 24, 2006 Sold $43,890 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $65,400 $4,200 $69,600 $1,509
2022 $60,300 $3,800 $64,100 $1,403
2021 $35,100 $3,800 $38,900 $408
2020 $35,100 $3,800 $38,900 $852
2019 $34,400 $3,800 $38,200 $812
2018 $34,400 $3,800 $38,200 $764
2017 $48,400 $3,800 $52,200 $511
2016 $48,400 $3,800 $52,200 $498
2015 $46,800 $3,800 $50,600 $459
2014 $46,900 $3,800 $50,700 $459
2013 $51,200 $3,800 $55,000 $603
2012 $51,900 $3,800 $55,700 $491
2011 $49,300 $3,800 $53,100 $482
2009 $49,300 $3,800 $53,100 $423

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,858 sqft
Lot size
3,681 sqft
ZIP code
47327
City
Cambridge City
Street
Gay St
Coordinates
39.81418, -85.16255

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$389
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 116 Gay St last sell?
116 Gay St most recently sold on Mar 17, 2021 for $64,850.
What is the current tax assessment for 116 Gay St?
The most recent total assessment for 116 Gay St (year 2024) is $69,600 with $1,509 in property tax.
How does 116 Gay St's assessment compare to its last sale price?
The current assessment is 7.3% above the last sale price of $64,850.
When was 116 Gay St built?
116 Gay St was built in 1920.
How does 116 Gay St compare to others on Gay St?
We track 8 other properties on Gay St. Browse the list under "Other properties on Gay St" to compare beds, baths, and sale history.
What are the property facts for 116 Gay St?
116 Gay St is a 3 bed, 1 bath, 1,858 sqft, 3,681 sqft lot single_family.
Is 116 Gay St a flip candidate?
No — 116 Gay St does not appear in our flips dataset.
Is 116 Gay St a tax-appeal candidate?
No — 116 Gay 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
+0.8%
Implied 1-yr
+3.3%
2026 Q3
$190.5K
2026 Q4
$192K
ZIP 47327 — Median Price History + Forecast

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