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1521 Michigan St

New Castle, IN 47362

2 bd 1 ba 720 sqft Built 1958 Lot 7,501 sqft single_family
Most recent sale
$55,000
Jul 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 23, 2025 Listing removed $80,000 MIBOR
Oct 21, 2024 Listing removed $79,900 IRMLS
Apr 29, 2024 Listed $79,900 IRMLS
Mar 31, 2024 Listing removed $80,000 MIBOR
Jan 5, 2024 Listing removed $80,000 MIBOR
Oct 5, 2023 Listed $80,000 MIBOR
Oct 3, 2023 Listing removed RichmondIN
Sep 19, 2023 Listing removed $80,000 MIBOR
Sep 18, 2023 Listing removed $80,000 IRMLS
Aug 25, 2023 Listed $80,000 MIBOR
Jul 26, 2022 Sold $55,000 Public Record
Jul 18, 2022 Listing removed RichmondIN
Jul 15, 2022 Sold $55,000 IRMLS
Apr 18, 2022 Relisted $66,900 MLS #10042407
Apr 16, 2022 Listing removed $66,900 IRMLS
Apr 7, 2022 Price changed $66,900 MLS #10042407
Dec 6, 2021 Price changed $69,900 MLS #10042407
Nov 4, 2021 Price changed $74,900 MLS #10042407
Oct 15, 2021 Listed $79,900 MLS #10042407

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $56,900 $4,800 $61,700 $561
2022 $22,400 $4,800 $27,200 $272
2021 $20,400 $4,800 $25,200 $504
2020 $20,600 $4,800 $25,400 $531
2019 $22,500 $4,800 $27,300 $522
2018 $22,300 $4,800 $27,100 $568
2017 $21,900 $4,800 $26,700 $564
2016 $21,500 $4,800 $26,300 $555
2015 $21,500 $4,800 $26,300 $532
2014 $21,500 $4,800 $26,300 $532
2013 $20,500 $4,800 $25,300 $1,073
2012 $20,800 $4,800 $25,600 $1,084
2011 $21,400 $9,600 $31,000 $1,259
2010 $21,300 $9,500 $30,800 $624
2009 $21,300 $9,500 $30,800 $1,099
2008 $21,700 $9,500 $31,200 $907

Property facts

Year built
1958
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
720 sqft
Lot size
7,501 sqft
ZIP code
47362
City
New Castle
Street
Michigan St
Coordinates
39.93767, -85.36569

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
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1521 Michigan St last sell?
1521 Michigan St most recently sold on Jul 15, 2022 for $55,000.
What is the current tax assessment for 1521 Michigan St?
The most recent total assessment for 1521 Michigan St (year 2024) is $61,700 with $561 in property tax.
How does 1521 Michigan St's assessment compare to its last sale price?
The current assessment is 12.2% above the last sale price of $55,000.
When was 1521 Michigan St built?
1521 Michigan St was built in 1958.
How does 1521 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 1521 Michigan St?
1521 Michigan St is a 2 bed, 1 bath, 720 sqft, 7,501 sqft lot single_family.
Is 1521 Michigan St a flip candidate?
No — 1521 Michigan St does not appear in our flips dataset.
Is 1521 Michigan St a tax-appeal candidate?
No — 1521 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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