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2421 Cherrywood Ave

New Castle, IN 47362

2 bd 1 ba 624 sqft Built 1951 Lot 6,011 sqft single_family
Most recent sale
$61,485
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2024 Sold $75,000 MIBOR
May 25, 2024 Listed $79,900 MIBOR
Apr 26, 2022 Sold $61,485 Public Record
Apr 25, 2022 Sold $62,000 MIBOR
Mar 16, 2022 Price changed $55,000 MLS #21832964
Mar 12, 2022 Relisted $64,000 MLS #202201728
Feb 1, 2022 Price changed $64,000 MLS #21832964
Jan 18, 2022 Listed $70,000 MLS #202201728
Jan 10, 2022 Listed $70,000 MLS #21832964

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $32,400 $14,800 $47,200 $429
2022 $27,700 $9,800 $37,500 $383
2021 $24,900 $8,600 $33,500 $341
2020 $24,000 $8,600 $32,600 $361
2019 $23,100 $8,600 $31,700 $349
2018 $22,600 $8,600 $31,200 $224
2017 $22,200 $8,600 $30,800 $208
2016 $20,900 $8,200 $29,100 $190
2015 $20,600 $8,200 $28,800 $150
2014 $20,600 $8,200 $28,800 $145
2013 $19,600 $8,200 $27,800 $1,179
2012 $20,400 $8,200 $28,600 $1,212
2011 $19,400 $8,200 $27,600 $1,121
2010 $20,100 $9,100 $29,200 $587
2009 $20,100 $9,100 $29,200 $1,043
2008 $19,700 $9,600 $29,300 $852

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
624 sqft
Lot size
6,011 sqft
ZIP code
47362
City
New Castle
Street
Cherrywood Ave
Coordinates
39.90879, -85.36667

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$369
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2421 Cherrywood Ave last sell?
2421 Cherrywood Ave most recently sold on Apr 26, 2022 for $61,485.
What is the current tax assessment for 2421 Cherrywood Ave?
The most recent total assessment for 2421 Cherrywood Ave (year 2024) is $47,200 with $429 in property tax.
How does 2421 Cherrywood Ave's assessment compare to its last sale price?
The current assessment is 23.2% below the last sale price of $61,485.
When was 2421 Cherrywood Ave built?
2421 Cherrywood Ave was built in 1951.
How does 2421 Cherrywood Ave compare to others on Cherrywood Ave?
We track 8 other properties on Cherrywood Ave. Browse the list under "Other properties on Cherrywood Ave" to compare beds, baths, and sale history.
What are the property facts for 2421 Cherrywood Ave?
2421 Cherrywood Ave is a 2 bed, 1 bath, 624 sqft, 6,011 sqft lot single_family.
Is 2421 Cherrywood Ave a flip candidate?
No — 2421 Cherrywood Ave does not appear in our flips dataset.
Is 2421 Cherrywood Ave a tax-appeal candidate?
No — 2421 Cherrywood Ave 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
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$153.9K
2026 Q4
$152.5K
ZIP 47362 — Median Price History + Forecast

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