1506 Shelby Pl
New Albany, IN 47150
4 bd 1 ba 1,123 sqft Built 1925 Lot 5,140 sqft single_family
Most recent sale
$326,250
Jul 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 25, 2022 | Sold | $326,250 | Public Record |
| Jun 3, 2022 | Listed | $299,900 | MLS #202209369 |
| May 27, 2022 | Price changed | $315,000 | MLS #202208873 |
| May 24, 2022 | Price changed | $320,000 | MLS #202208873 |
| May 20, 2022 | Price changed | $324,000 | MLS #202208873 |
| May 13, 2022 | Listed | $324,900 | MLS #202208873 |
| Apr 28, 2022 | Price changed | $324,900 | MLS #202208364 |
| Apr 23, 2022 | Listed | $325,000 | MLS #202208364 |
| Oct 12, 2021 | Sold | $300,000 | Public Record |
| Oct 4, 2021 | Sold | $245,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $126,000 | $16,000 | $142,000 | $1,492 |
| 2022 | $45,000 | $16,000 | $61,000 | $2,127 |
| 2021 | $41,400 | $16,000 | $57,400 | $1,236 |
| 2020 | $41,400 | $16,000 | $57,400 | $1,238 |
| 2019 | $43,800 | $16,000 | $59,800 | $1,290 |
| 2018 | $40,800 | $16,000 | $56,800 | $1,233 |
| 2017 | $119,200 | $16,000 | $135,200 | $3,194 |
| 2016 | $91,900 | $16,000 | $107,900 | $614 |
| 2015 | $90,800 | $16,000 | $106,800 | $602 |
| 2014 | $90,800 | $16,000 | $106,800 | $591 |
| 2013 | $93,400 | $16,000 | $109,400 | $579 |
| 2012 | $94,400 | $16,000 | $110,400 | $567 |
| 2011 | $108,700 | $6,200 | $114,900 | $554 |
| 2010 | $108,700 | $6,200 | $114,900 | $532 |
| 2009 | $108,700 | $6,200 | $114,900 | $522 |
Property facts
Year built
1925
Property type
single_family
Stories
1
Beds
4
Baths
1
Living area
1,123 sqft
Lot size
5,140 sqft
ZIP code
47150
City
New Albany
Street
Shelby Pl
Coordinates
38.29580, -85.81249
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
$1,685
Gross rental yield
6.20%
Implied cap rate
4.03%
Trend-extrapolated value
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Frequently asked questions
When did 1506 Shelby Pl last sell?
1506 Shelby Pl most recently sold on Jul 25, 2022 for $326,250.
What is the current tax assessment for 1506 Shelby Pl?
The most recent total assessment for 1506 Shelby Pl (year 2024) is $142,000 with $1,492 in property tax.
How does 1506 Shelby Pl's assessment compare to its last sale price?
The current assessment is 56.5% below the last sale price of $326,250.
When was 1506 Shelby Pl built?
1506 Shelby Pl was built in 1925.
How does 1506 Shelby Pl compare to others on Shelby Pl?
We track 7 other properties on Shelby Pl. Browse the list under "Other properties on Shelby Pl" to compare beds, baths, and sale history.
What are the property facts for 1506 Shelby Pl?
1506 Shelby Pl is a 4 bed, 1 bath, 1,123 sqft, 5,140 sqft lot single_family.
Is 1506 Shelby Pl a flip candidate?
Yes — 1506 Shelby Pl appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1506 Shelby Pl a tax-appeal candidate?
No — 1506 Shelby Pl is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$227.7K
2026 Q4
$223.6K
ZIP 47150 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shelby Pl