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2724 Fairoaks Dr

New Castle, IN 47362

3 bd 2 ba 1,500 sqft Built 1950 Lot 16,553 sqft single_family
Most recent sale
$175,444
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 13, 2026 Listed $219,900 RichmondIN
Aug 30, 2022 Sold $175,444 Public Record
Aug 23, 2022 Sold $175,000 IRMLS
Jul 19, 2022 Listed $164,900 MLS #10044434
May 13, 2020 Sold $140,900 Public Record
May 12, 2020 Sold $140,900 IRMLS
May 2, 2020 Relisted $139,900 MLS #10038459
Apr 10, 2020 Listed $139,900 MLS #10038459
Apr 9, 2020 Listed $139,900 MLS #21704362
Dec 14, 2016 Sold $85,000 Public Record
Oct 1, 2008 Sold $52,137 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $147,300 $21,600 $168,900 $1,689
2022 $125,500 $21,600 $147,100 $1,460
2021 $113,500 $18,800 $132,300 $1,313
2020 $85,300 $18,800 $104,100 $1,088
2019 $83,100 $18,800 $101,900 $1,085
2018 $81,600 $17,000 $98,600 $1,076
2017 $81,200 $17,000 $98,200 $1,053
2016 $82,700 $16,600 $99,300 $1,061
2015 $75,700 $16,600 $92,300 $943
2014 $77,900 $17,100 $95,000 $970
2013 $75,000 $17,500 $92,500 $1,325
2012 $76,100 $17,500 $93,600 $1,355
2011 $71,000 $17,500 $88,500 $1,045
2010 $72,000 $17,600 $89,600 $771
2009 $72,000 $17,600 $89,600 $756
2008 $72,000 $17,600 $89,600 $571

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,500 sqft
Lot size
16,553 sqft
ZIP code
47362
City
New Castle
Street
Fairoaks Dr
Coordinates
39.90440, -85.37682

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,053
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2724 Fairoaks Dr last sell?
2724 Fairoaks Dr most recently sold on Aug 30, 2022 for $175,444.
What is the current tax assessment for 2724 Fairoaks Dr?
The most recent total assessment for 2724 Fairoaks Dr (year 2024) is $168,900 with $1,689 in property tax.
How does 2724 Fairoaks Dr's assessment compare to its last sale price?
The current assessment is 3.7% below the last sale price of $175,444.
When was 2724 Fairoaks Dr built?
2724 Fairoaks Dr was built in 1950.
How does 2724 Fairoaks Dr compare to others on Fairoaks Dr?
We track 8 other properties on Fairoaks Dr. Browse the list under "Other properties on Fairoaks Dr" to compare beds, baths, and sale history.
What are the property facts for 2724 Fairoaks Dr?
2724 Fairoaks Dr is a 3 bed, 2 bath, 1,500 sqft, 16,553 sqft lot single_family.
Is 2724 Fairoaks Dr a flip candidate?
No — 2724 Fairoaks Dr does not appear in our flips dataset.
Is 2724 Fairoaks Dr a tax-appeal candidate?
No — 2724 Fairoaks Dr 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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