505 31st St
Elwood, IN 46036
2 bd 2 ba 1,323 sqft Built 1954 Lot 43,673 sqft single_family
Most recent sale
$230,375
Jun 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 5, 2024 | Sold | $239,900 | MIBOR |
| May 2, 2024 | Listed | $239,900 | MIBOR |
| Jun 6, 2022 | Sold | $230,375 | Public Record |
| Jun 3, 2022 | Sold | $190,000 | IRMLS |
| May 6, 2022 | Listed | $189,900 | MLS #202216888 |
| May 13, 2020 | Sold | $165,620 | Public Record |
| Mar 31, 2020 | Sold | $169,000 | MIBOR |
| Nov 1, 2019 | Price changed | $179,900 | MLS #21670504 |
| Sep 24, 2019 | Listed | $189,900 | MLS #21670504 |
| Feb 1, 2019 | Sold | $36,000 | Public Record |
| Jun 24, 2015 | Listing removed | $39,400 | MIBOR |
| Jun 19, 2015 | Sold | $39,000 | Public Record |
| May 4, 2015 | Listed | $39,400 | MLS #21351116 |
| Apr 2, 2015 | Listing removed | $39,400 | MIBOR |
| Feb 4, 2015 | Price changed | $39,400 | MLS #21277875 |
| Jan 21, 2015 | Price changed | $44,400 | MLS #21277875 |
| Nov 26, 2014 | Price changed | $49,400 | MLS #21277875 |
| Aug 1, 2014 | Price changed | $49,900 | MLS #21277875 |
| May 2, 2014 | Price changed | $59,900 | MLS #21277875 |
| Mar 6, 2014 | Listed | $64,900 | MLS #21277875 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $141,500 | $13,900 | $155,400 | $1,564 |
| 2023 | $129,900 | $13,100 | $143,000 | $1,446 |
| 2022 | $131,300 | $12,600 | $143,900 | $1,446 |
| 2021 | $121,200 | $12,600 | $133,800 | $1,335 |
| 2020 | $28,800 | $12,000 | $40,800 | $10 |
| 2019 | $30,800 | $12,000 | $42,800 | $869 |
| 2018 | $47,500 | $12,000 | $59,500 | $611 |
| 2017 | $47,000 | $12,000 | $59,000 | $606 |
| 2016 | $46,800 | $12,000 | $58,800 | $579 |
| 2015 | $46,800 | $12,000 | $58,800 | $541 |
| 2014 | $45,800 | $12,000 | $57,800 | $103 |
| 2013 | $45,800 | $12,000 | $57,800 | $101 |
| 2012 | $45,300 | $12,000 | $57,300 | $98 |
| 2011 | $54,800 | $12,500 | $67,300 | $173 |
| 2010 | $57,100 | $12,500 | $69,600 | $3,025 |
| 2009 | $57,700 | $13,600 | $71,300 | $2,966 |
| 2008 | $59,500 | $13,200 | $72,700 | $409 |
Property facts
Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,323 sqft
Lot size
43,673 sqft
ZIP code
46036
City
Elwood
Street
31st St
Coordinates
40.27303, -85.82018
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
$1,985
Gross rental yield
10.34%
Implied cap rate
6.72%
Trend-extrapolated value
—
Frequently asked questions
When did 505 31st St last sell?
505 31st St most recently sold on Jun 6, 2022 for $230,375.
What is the current tax assessment for 505 31st St?
The most recent total assessment for 505 31st St (year 2024) is $155,400 with $1,564 in property tax.
How does 505 31st St's assessment compare to its last sale price?
The current assessment is 32.5% below the last sale price of $230,375.
When was 505 31st St built?
505 31st St was built in 1954.
How does 505 31st St compare to others on 31st St?
We track 3 other properties on 31st St. Browse the list under "Other properties on 31st St" to compare beds, baths, and sale history.
What are the property facts for 505 31st St?
505 31st St is a 2 bed, 2 bath, 1,323 sqft, 43,673 sqft lot single_family.
Is 505 31st St a flip candidate?
Yes — 505 31st St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 505 31st St a tax-appeal candidate?
No — 505 31st 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
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$139.1K
2026 Q4
$140.7K
ZIP 46036 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 31st St