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121 Gay St

Cambridge City, IN 47327

2 bd 1 ba 1,168 sqft Built 1938 Lot 5,314 sqft single_family
Most recent sale
$61,146
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $61,146 Public Record
Sep 28, 2022 Sold $70,000 IRMLS
Aug 18, 2022 Listed $69,900 MLS #10044653
May 12, 2009 Listing removed $47,000 RichmondIN
Apr 8, 2009 Listing removed $52,900 EastCentralIN
Nov 4, 2008 Listed $52,900 MLS #7651

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $57,100 $6,100 $63,200 $639
2022 $53,100 $5,600 $58,700 $496
2021 $48,200 $5,600 $53,800 $1,178
2020 $48,200 $5,600 $53,800 $1,178
2019 $50,200 $5,600 $55,800 $1,164
2018 $50,200 $5,600 $55,800 $1,116
2017 $50,200 $5,600 $55,800 $1,116
2016 $50,200 $5,600 $55,800 $1,116
2015 $48,500 $5,600 $54,100 $1,082
2014 $47,900 $5,600 $53,500 $1,070
2013 $48,000 $5,600 $53,600 $1,857
2012 $49,900 $5,600 $55,500 $1,110
2009 $47,600 $5,600 $53,200 $1,357

Property facts

Year built
1938
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,168 sqft
Lot size
5,314 sqft
ZIP code
47327
City
Cambridge City
Street
Gay St
Coordinates
39.81443, -85.16314

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
$367
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 Gay St last sell?
121 Gay St most recently sold on Sep 29, 2022 for $61,146.
What is the current tax assessment for 121 Gay St?
The most recent total assessment for 121 Gay St (year 2024) is $63,200 with $639 in property tax.
How does 121 Gay St's assessment compare to its last sale price?
The current assessment is 3.4% above the last sale price of $61,146.
When was 121 Gay St built?
121 Gay St was built in 1938.
How does 121 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 121 Gay St?
121 Gay St is a 2 bed, 1 bath, 1,168 sqft, 5,314 sqft lot single_family.
Is 121 Gay St a flip candidate?
No — 121 Gay St does not appear in our flips dataset.
Is 121 Gay St a tax-appeal candidate?
No — 121 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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