227 Illinois St
Dyer, IN 46311
4 bd 2 ba 1,807 sqft Built 1952 Lot 10,800 sqft multi_family
Most recent sale
$295,000
Sep 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 7, 2022 | Sold | $295,000 | Public Record |
| Aug 27, 2022 | Relisted | $299,900 | MLS #512635 |
| Jul 26, 2022 | Price changed | $299,900 | MLS #512635 |
| Jun 24, 2022 | Price changed | $329,000 | MLS #512635 |
| Jun 9, 2022 | Price changed | $360,000 | MLS #512635 |
| May 18, 2022 | Listed | $375,000 | MLS #512635 |
| Oct 30, 2007 | Sold | $215,992 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $224,100 | $75,900 | $300,000 | $4,210 |
| 2022 | $203,600 | $75,900 | $279,500 | $3,377 |
| 2021 | $172,800 | $75,900 | $248,700 | $5,540 |
| 2020 | $200,500 | $51,500 | $252,000 | $5,699 |
| 2019 | $183,200 | $41,600 | $224,800 | $5,337 |
| 2018 | $124,200 | $39,100 | $163,300 | $3,748 |
| 2017 | $120,700 | $39,100 | $159,800 | $3,412 |
| 2016 | $127,700 | $39,100 | $166,800 | $3,611 |
| 2015 | $123,800 | $39,100 | $162,900 | $3,340 |
| 2014 | $122,500 | $39,100 | $161,600 | $3,327 |
| 2013 | $118,800 | $39,100 | $157,900 | $3,763 |
| 2012 | $129,900 | $39,100 | $169,000 | $3,960 |
| 2011 | $118,100 | $39,100 | $157,200 | $3,199 |
| 2010 | $118,100 | $39,100 | $157,200 | $3,552 |
| 2009 | $128,600 | $39,100 | $167,700 | $3,480 |
| 2008 | $125,100 | $41,600 | $166,700 | $3,983 |
| 2005 | $159,400 | $38,200 | $197,600 | $2,914 |
Property facts
Year built
1952
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,807 sqft
Lot size
10,800 sqft
ZIP code
46311
City
Dyer
Street
Illinois St
Coordinates
41.49684, -87.51980
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,711
Gross rental yield
11.03%
Implied cap rate
7.17%
Trend-extrapolated value
—
Frequently asked questions
When did 227 Illinois St last sell?
227 Illinois St most recently sold on Sep 7, 2022 for $295,000.
What is the current tax assessment for 227 Illinois St?
The most recent total assessment for 227 Illinois St (year 2024) is $300,000 with $4,210 in property tax.
How does 227 Illinois St's assessment compare to its last sale price?
The current assessment is 1.7% above the last sale price of $295,000.
When was 227 Illinois St built?
227 Illinois St was built in 1952.
How does 227 Illinois St compare to others on Illinois St?
We track 8 other properties on Illinois St. Browse the list under "Other properties on Illinois St" to compare beds, baths, and sale history.
What are the property facts for 227 Illinois St?
227 Illinois St is a 4 bed, 2 bath, 1,807 sqft, 10,800 sqft lot multi_family.
Is 227 Illinois St a flip candidate?
No — 227 Illinois St does not appear in our flips dataset.
Is 227 Illinois St a tax-appeal candidate?
No — 227 Illinois St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.3%
2026 Q3
$344.3K
2026 Q4
$338.2K
ZIP 46311 — Median Price History + Forecast
Explore nearby
Geography
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