331 Mercer Ave
Decatur, IN 46733
3 bd 3 ba 2,552 sqft Built 1916 Lot 5,635 sqft single_family
Most recent sale
$280,711
May 19, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 31, 2024 | Sold | $292,000 | IRMLS |
| Nov 6, 2023 | Price changed | $299,900 | IRMLS |
| Sep 14, 2023 | Price changed | $308,900 | IRMLS |
| Aug 30, 2023 | Listed | $309,900 | IRMLS |
| May 19, 2022 | Sold | $280,711 | Public Record |
| Mar 31, 2022 | Listed | $280,000 | MLS #202210714 |
| Aug 11, 2020 | Sold | $215,000 | Public Record |
| Aug 10, 2020 | Sold | $215,000 | IRMLS |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $180,900 | $11,200 | $192,100 | $1,787 |
| 2022 | $152,300 | $11,200 | $163,500 | $1,635 |
| 2021 | $140,200 | $10,700 | $150,900 | $3,018 |
| 2020 | $132,300 | $10,700 | $143,000 | $1,430 |
| 2019 | $132,300 | $10,700 | $143,000 | $1,421 |
| 2018 | $129,700 | $10,700 | $140,400 | $1,404 |
| 2017 | $124,400 | $10,700 | $135,100 | $1,351 |
| 2016 | $119,100 | $10,700 | $129,800 | $1,217 |
| 2015 | $121,600 | $10,700 | $132,300 | $1,277 |
| 2014 | $121,800 | $10,700 | $132,500 | $1,162 |
| 2013 | $123,200 | $10,700 | $133,900 | $1,591 |
| 2012 | $117,700 | $10,700 | $128,400 | $1,284 |
| 2011 | $125,500 | $10,200 | $135,700 | $1,357 |
| 2010 | $125,500 | $10,200 | $135,700 | $1,379 |
| 2009 | $127,700 | $10,200 | $137,900 | $1,453 |
| 2007 | $122,000 | $10,200 | $132,200 | $1,729 |
Property facts
Year built
1916
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,552 sqft
Lot size
5,635 sqft
ZIP code
46733
City
Decatur
Street
Mercer Ave
Coordinates
40.82689, -84.92230
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,684
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 331 Mercer Ave last sell?
331 Mercer Ave most recently sold on May 19, 2022 for $280,711.
What is the current tax assessment for 331 Mercer Ave?
The most recent total assessment for 331 Mercer Ave (year 2024) is $192,100 with $1,787 in property tax.
How does 331 Mercer Ave's assessment compare to its last sale price?
The current assessment is 31.6% below the last sale price of $280,711.
When was 331 Mercer Ave built?
331 Mercer Ave was built in 1916.
How does 331 Mercer Ave compare to others on Mercer Ave?
We track 8 other properties on Mercer Ave. Browse the list under "Other properties on Mercer Ave" to compare beds, baths, and sale history.
What are the property facts for 331 Mercer Ave?
331 Mercer Ave is a 3 bed, 3 bath, 2,552 sqft, 5,635 sqft lot single_family.
Is 331 Mercer Ave a flip candidate?
Yes — 331 Mercer Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 331 Mercer Ave a tax-appeal candidate?
No — 331 Mercer Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+5.2%
Implied 1-yr
+20.7%
2026 Q3
$310.8K
2026 Q4
$322.9K
ZIP 46733 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer Ave