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2475 850

Michigan City, IN 46360

5 bd 3 ba 2,375 sqft Built 1977 Lot 217,800 sqft single_family
Most recent sale
$314,687
Aug 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 23, 2022 Sold $314,687 Public Record
Jul 15, 2022 Listed $265,000 MLS #516307

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $145,000 $47,200 $192,200 $1,703
2022 $141,400 $43,200 $184,600 $1,730
2021 $130,800 $43,200 $174,000 $1,366
2020 $130,800 $43,200 $174,000 $1,398
2019 $131,400 $36,000 $167,400 $1,397
2018 $120,400 $36,000 $156,400 $1,277
2017 $110,300 $36,000 $146,300 $1,167
2016 $122,700 $31,000 $153,700 $1,153
2015 $124,300 $31,000 $155,300 $1,150
2014 $115,500 $32,000 $147,500 $1,214
2013 $130,900 $32,000 $162,900 $864
2012 $132,300 $32,000 $164,300 $827
2010 $146,400 $37,000 $183,400 $3,108

Property facts

Year built
1977
Property type
single_family
Stories
1
Beds
5
Baths
3
Living area
2,375 sqft
Lot size
217,800 sqft
ZIP code
46360
City
Michigan City
Street
850
Coordinates
41.73170, -86.74677

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,563
Gross rental yield
13.59%
Implied cap rate
8.83%
Trend-extrapolated value

Frequently asked questions

When did 2475 850 last sell?
2475 850 most recently sold on Aug 23, 2022 for $314,687.
What is the current tax assessment for 2475 850?
The most recent total assessment for 2475 850 (year 2024) is $192,200 with $1,703 in property tax.
How does 2475 850's assessment compare to its last sale price?
The current assessment is 38.9% below the last sale price of $314,687.
When was 2475 850 built?
2475 850 was built in 1977.
How does 2475 850 compare to others on 850?
We track 8 other properties on 850. Browse the list under "Other properties on 850" to compare beds, baths, and sale history.
What are the property facts for 2475 850?
2475 850 is a 5 bed, 3 bath, 2,375 sqft, 217,800 sqft lot single_family.
Is 2475 850 a flip candidate?
No — 2475 850 does not appear in our flips dataset.
Is 2475 850 a tax-appeal candidate?
No — 2475 850 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
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$256.6K
2026 Q4
$246.6K
ZIP 46360 — Median Price History + Forecast

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