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123 River Rd

Covington, IN 47932

4 bd 3 ba 3,480 sqft Built 1994 Lot 71,221 sqft single_family
Most recent sale
$262,500
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 3, 2022 Sold $262,500 Public Record
Jun 1, 2022 Sold $450,000 MIBOR
Apr 3, 2022 Listed $450,000 MLS #202211232
Apr 20, 2020 Sold $282,000 Public Record
Apr 13, 2020 Sold $282,000 MIBOR
Jan 13, 2020 Price changed $295,000 MLS #21683532
Dec 12, 2019 Price changed $315,000 MLS #21683532
Nov 22, 2019 Listed $325,000 MLS #21683532
Nov 3, 2014 Sold $245,000 Public Record
Sep 25, 2014 Listing removed $275,750 DanvilleIL
Jun 29, 2014 Listed $275,750 MLS #200936

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $369,000 $58,900 $427,900 $4,318
2022 $295,300 $48,400 $343,700 $3,411
2021 $250,900 $48,400 $299,300 $2,969
2020 $230,000 $37,400 $267,400 $2,651
2019 $217,200 $37,400 $254,600 $2,609
2018 $199,800 $37,400 $237,200 $2,437
2017 $197,400 $37,400 $234,800 $2,410
2016 $197,400 $37,400 $234,800 $2,404
2015 $190,800 $37,900 $228,700 $2,352
2014 $167,300 $37,900 $205,200 $2,115
2013 $167,300 $37,900 $205,200 $2,738
2012 $164,300 $37,900 $202,200 $2,658
2011 $236,200 $51,800 $288,000 $4,420
2010 $236,200 $51,800 $288,000 $3,081
2009 $236,200 $51,800 $288,000 $3,919
2008 $232,100 $51,800 $283,900 $2,756

Property facts

Year built
1994
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
3,480 sqft
Lot size
71,221 sqft
ZIP code
47932
City
Covington
Street
River Rd
Coordinates
40.12873, -87.39883

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
$1,575
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 123 River Rd last sell?
123 River Rd most recently sold on Jun 3, 2022 for $262,500.
What is the current tax assessment for 123 River Rd?
The most recent total assessment for 123 River Rd (year 2024) is $427,900 with $4,318 in property tax.
How does 123 River Rd's assessment compare to its last sale price?
The current assessment is 63.0% above the last sale price of $262,500.
When was 123 River Rd built?
123 River Rd was built in 1994.
How does 123 River Rd compare to others on River Rd?
We track 8 other properties on River Rd. Browse the list under "Other properties on River Rd" to compare beds, baths, and sale history.
What are the property facts for 123 River Rd?
123 River Rd is a 4 bed, 3 bath, 3,480 sqft, 71,221 sqft lot single_family.
Is 123 River Rd a flip candidate?
No — 123 River Rd does not appear in our flips dataset.
Is 123 River Rd a tax-appeal candidate?
No — 123 River Rd 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
+5.0%
Implied 1-yr
+19.8%
2026 Q2
$548.4K
2026 Q3
$548.4K
ZIP 47932 — Median Price History + Forecast

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