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1414 Michigan St

New Castle, IN 47362

2 bd 1 ba 696 sqft Built 1955 Lot 6,142 sqft single_family
Most recent sale
$50,000
Oct 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 1, 2022 Sold $50,000 Public Record
Oct 28, 2022 Listing removed RichmondIN
Oct 28, 2022 Sold $50,000 IRMLS
Oct 3, 2022 Listed $45,000 MLS #202241047
Jun 21, 2022 Sold $37,500 Public Record
Jun 15, 2022 Listing removed RichmondIN
Jun 15, 2022 Sold $37,500 IRMLS
Jun 10, 2022 Relisted $49,000 MLS #202218584
Jun 10, 2022 Price changed $49,000 MLS #10043832
May 31, 2022 Listing removed $59,000 IRMLS
May 24, 2022 Price changed $59,000 MLS #10043832
May 17, 2022 Listed $65,000 MLS #10043832

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $43,300 $4,400 $47,700 $434
2022 $30,800 $4,400 $35,200 $360
2021 $28,200 $4,400 $32,600 $655
2020 $28,200 $4,400 $32,600 $681
2019 $27,600 $4,400 $32,000 $669
2018 $27,400 $4,400 $31,800 $663
2017 $27,200 $4,400 $31,600 $660
2016 $26,600 $4,400 $31,000 $646
2015 $26,400 $4,400 $30,800 $619
2014 $26,300 $4,400 $30,700 $617
2013 $25,100 $4,400 $29,500 $1,252
2012 $25,600 $4,400 $30,000 $1,271
2011 $21,600 $8,800 $30,400 $330
2010 $21,200 $8,700 $29,900 $232
2009 $21,200 $8,700 $29,900 $221
2008 $21,600 $8,700 $30,300 $190

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
696 sqft
Lot size
6,142 sqft
ZIP code
47362
City
New Castle
Street
Michigan St
Coordinates
39.93826, -85.36738

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$300
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1414 Michigan St last sell?
1414 Michigan St most recently sold on Oct 28, 2022 for $50,000.
What is the current tax assessment for 1414 Michigan St?
The most recent total assessment for 1414 Michigan St (year 2024) is $47,700 with $434 in property tax.
How does 1414 Michigan St's assessment compare to its last sale price?
The current assessment is 4.6% below the last sale price of $50,000.
When was 1414 Michigan St built?
1414 Michigan St was built in 1955.
How does 1414 Michigan St compare to others on Michigan St?
We track 8 other properties on Michigan St. Browse the list under "Other properties on Michigan St" to compare beds, baths, and sale history.
What are the property facts for 1414 Michigan St?
1414 Michigan St is a 2 bed, 1 bath, 696 sqft, 6,142 sqft lot single_family.
Is 1414 Michigan St a flip candidate?
Yes — 1414 Michigan St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1414 Michigan St a tax-appeal candidate?
No — 1414 Michigan St 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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