315 Madison St
Michigan City, IN 46360
2 bd 1 ba 768 sqft Built 1948 Lot 5,502 sqft single_family
Most recent sale
$149,000
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $149,000 | Public Record |
| Sep 15, 2022 | Sold | $149,000 | NIRA |
| Aug 10, 2022 | Listed | $147,000 | MLS #517765 |
| Mar 20, 2008 | Sold | $79,900 | NIRA |
| Apr 3, 2001 | Sold | $67,000 | Public Record |
| Mar 22, 2001 | Sold | $67,000 | NIRA |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $72,500 | $13,700 | $86,200 | $862 |
| 2022 | $69,700 | $13,700 | $83,400 | $816 |
| 2021 | $58,600 | $13,700 | $72,300 | $604 |
| 2020 | $53,000 | $13,700 | $66,700 | $555 |
| 2019 | $53,000 | $13,700 | $66,700 | $579 |
| 2018 | $48,600 | $8,800 | $57,400 | $514 |
| 2017 | $51,700 | $8,800 | $60,500 | $543 |
| 2016 | $53,600 | $8,800 | $62,400 | $527 |
| 2015 | $52,800 | $8,800 | $61,600 | $465 |
| 2014 | $53,500 | $8,800 | $62,300 | $482 |
| 2013 | $47,900 | $8,800 | $56,700 | $331 |
| 2012 | $47,900 | $8,800 | $56,700 | $322 |
| 2010 | $96,200 | $8,800 | $105,000 | $1,359 |
Property facts
Year built
1948
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
768 sqft
Lot size
5,502 sqft
ZIP code
46360
City
Michigan City
Street
Madison St
Coordinates
41.70808, -86.89138
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
$1,152
Gross rental yield
9.28%
Implied cap rate
6.03%
Trend-extrapolated value
—
Frequently asked questions
When did 315 Madison St last sell?
315 Madison St most recently sold on Sep 16, 2022 for $149,000.
What is the current tax assessment for 315 Madison St?
The most recent total assessment for 315 Madison St (year 2024) is $86,200 with $862 in property tax.
How does 315 Madison St's assessment compare to its last sale price?
The current assessment is 42.1% below the last sale price of $149,000.
When was 315 Madison St built?
315 Madison St was built in 1948.
How does 315 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 315 Madison St?
315 Madison St is a 2 bed, 1 bath, 768 sqft, 5,502 sqft lot single_family.
Is 315 Madison St a flip candidate?
No — 315 Madison St does not appear in our flips dataset.
Is 315 Madison St a tax-appeal candidate?
No — 315 Madison 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
-3.1%
Implied 1-yr
-12.4%
2026 Q3
$256.6K
2026 Q4
$246.6K
ZIP 46360 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St