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2228 Q Ave

New Castle, IN 47362

2 bd 1 ba 1,204 sqft Built 1964 Lot 11,021 sqft single_family
Most recent sale
$106,375
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 26, 2022 Sold $106,375 Public Record
Apr 19, 2022 Sold $175,000 IRMLS
Mar 20, 2022 Relisted $162,900 MLS #202207225
Mar 7, 2022 Listed $162,900 MLS #202207225

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $123,700 $12,000 $135,700 $1,357
2022 $93,100 $8,000 $101,100 $983
2021 $45,500 $8,000 $53,500 $461
2020 $45,500 $8,000 $53,500 $485
2019 $22,000 $8,000 $30,000 $463
2018 $21,800 $8,000 $29,800 $205
2017 $21,000 $8,000 $29,000 $619
2016 $20,100 $8,000 $28,100 $602
2015 $21,600 $8,000 $29,600 $562
2014 $21,600 $8,000 $29,600 $592
2013 $20,600 $8,000 $28,600 $1,213
2012 $20,900 $8,000 $28,900 $1,224
2011 $21,600 $8,000 $29,600 $1,202
2010 $24,200 $8,900 $33,100 $1,145
2009 $48,400 $8,900 $57,300 $2,062
2008 $48,900 $9,600 $58,500 $1,702

Property facts

Year built
1964
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,204 sqft
Lot size
11,021 sqft
ZIP code
47362
City
New Castle
Street
Q Ave
Coordinates
39.90983, -85.35691

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
$638
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2228 Q Ave last sell?
2228 Q Ave most recently sold on Apr 26, 2022 for $106,375.
What is the current tax assessment for 2228 Q Ave?
The most recent total assessment for 2228 Q Ave (year 2024) is $135,700 with $1,357 in property tax.
How does 2228 Q Ave's assessment compare to its last sale price?
The current assessment is 27.6% above the last sale price of $106,375.
When was 2228 Q Ave built?
2228 Q Ave was built in 1964.
How does 2228 Q Ave compare to others on Q Ave?
We track 8 other properties on Q Ave. Browse the list under "Other properties on Q Ave" to compare beds, baths, and sale history.
What are the property facts for 2228 Q Ave?
2228 Q Ave is a 2 bed, 1 bath, 1,204 sqft, 11,021 sqft lot single_family.
Is 2228 Q Ave a flip candidate?
No — 2228 Q Ave does not appear in our flips dataset.
Is 2228 Q Ave a tax-appeal candidate?
Yes — 2228 Q Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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