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5525 Water Works Rd

Monroe City, IN 47557

4 bd 1 ba 2,988 sqft Built 1914 Lot 59,242 sqft single_family
Most recent sale
$187,816
Jun 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 6, 2022 Sold $187,816 Public Record
Jun 3, 2022 Sold $154,900 IRMLS
Apr 15, 2022 Listed $154,900 MLS #202213266

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $106,400 $34,200 $140,600 $334
2023 $106,400 $34,200 $140,600 $633
2022 $77,800 $15,200 $93,000 $288
2021 $68,500 $15,200 $83,700 $216
2020 $69,000 $15,200 $84,200 $208
2019 $67,100 $14,400 $81,500 $203
2018 $65,800 $14,400 $80,200 $208
2017 $65,800 $14,400 $80,200 $353
2016 $64,000 $14,400 $78,400 $332
2015 $67,200 $9,000 $76,200 $358
2014 $67,200 $9,000 $76,200 $321
2013 $65,200 $9,000 $74,200 $1,055
2012 $62,700 $9,000 $71,700 $315
2011 $58,500 $16,700 $75,200 $330
2010 $28,500 $16,700 $45,200 $157
2009 $28,500 $16,700 $45,200 $161
2008 $27,200 $18,200 $45,400 $237

Property facts

Year built
1914
Property type
single_family
Stories
2
Beds
4
Baths
1
Living area
2,988 sqft
Lot size
59,242 sqft
ZIP code
47557
City
Monroe City
Street
Water Works Rd
Coordinates
38.59751, -87.34981

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,127
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5525 Water Works Rd last sell?
5525 Water Works Rd most recently sold on Jun 6, 2022 for $187,816.
What is the current tax assessment for 5525 Water Works Rd?
The most recent total assessment for 5525 Water Works Rd (year 2024) is $140,600 with $334 in property tax.
How does 5525 Water Works Rd's assessment compare to its last sale price?
The current assessment is 25.1% below the last sale price of $187,816.
When was 5525 Water Works Rd built?
5525 Water Works Rd was built in 1914.
How does 5525 Water Works Rd compare to others on Water Works Rd?
We track 3 other properties on Water Works Rd. Browse the list under "Other properties on Water Works Rd" to compare beds, baths, and sale history.
What are the property facts for 5525 Water Works Rd?
5525 Water Works Rd is a 4 bed, 1 bath, 2,988 sqft, 59,242 sqft lot single_family.
Is 5525 Water Works Rd a flip candidate?
Yes — 5525 Water Works Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5525 Water Works Rd a tax-appeal candidate?
No — 5525 Water Works Rd 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
+1.6%
Implied 1-yr
+6.2%
2026 Q3
$152.1K
2026 Q4
$154.3K
ZIP 47557 — Median Price History + Forecast

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