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516 5th St

Mitchell, IN 47446

2 bd 2 ba 1,488 sqft Built 1910 Lot 22,216 sqft single_family
Most recent sale
$32,100
Jun 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 14, 2022 Sold $34,900 IRMLS
Oct 10, 2022 Price changed $34,900 MLS #21883759
Sep 16, 2022 Listed $44,900 MLS #202238835
Nov 11, 2021 Listing removed $46,100 IRMLS
Jun 15, 2021 Sold $32,100 Public Record
Nov 19, 2020 Sold $33,280 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $65,900 $20,100 $86,000 $1,922
2024 $65,900 $20,100 $86,000 $1,780
2023 $53,500 $18,900 $72,400 $1,630
2022 $46,900 $18,400 $65,300 $1,516
2021 $45,900 $17,900 $63,800 $1,373
2020 $45,900 $17,900 $63,800 $736
2019 $44,100 $17,400 $61,500 $714
2018 $40,000 $17,200 $57,200 $671
2017 $39,500 $16,900 $56,400 $654
2016 $39,500 $16,900 $56,400 $642
2015 $40,500 $16,900 $57,400 $655
2014 $39,900 $16,900 $56,800 $805
2013 $40,500 $16,900 $57,400 $1,083
2012 $40,300 $16,900 $57,200 $804
2011 $40,000 $15,600 $55,600 $1,011
2010 $40,100 $15,500 $55,600 $791
2009 $40,800 $15,200 $56,000 $937
2006 $39,600 $13,800 $53,400 $1,442

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
2
Baths
2
Living area
1,488 sqft
Lot size
22,216 sqft
ZIP code
47446
City
Mitchell
Street
5th St
Coordinates
38.73798, -86.47318

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$193
Gross rental yield
7.21%
Implied cap rate
4.69%
Trend-extrapolated value

Frequently asked questions

When did 516 5th St last sell?
516 5th St most recently sold on Jun 15, 2021 for $32,100.
What is the current tax assessment for 516 5th St?
The most recent total assessment for 516 5th St (year 2025) is $86,000 with $1,922 in property tax.
How does 516 5th St's assessment compare to its last sale price?
The current assessment is 167.9% above the last sale price of $32,100.
When was 516 5th St built?
516 5th St was built in 1910.
How does 516 5th St compare to others on 5th St?
We track 6 other properties on 5th St. Browse the list under "Other properties on 5th St" to compare beds, baths, and sale history.
What are the property facts for 516 5th St?
516 5th St is a 2 bed, 2 bath, 1,488 sqft, 22,216 sqft lot single_family.
Is 516 5th St a flip candidate?
No — 516 5th St does not appear in our flips dataset.
Is 516 5th St a tax-appeal candidate?
Yes — 516 5th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.9%
Implied 1-yr
+27.7%
2026 Q3
$208.9K
2026 Q4
$218.9K
ZIP 47446 — Median Price History + Forecast

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