1516 Riley Rd
New Castle, IN 47362
4 bd 2 ba 2,172 sqft Built 1900 Lot 16,988 sqft single_family
Most recent sale
$105,000
Jul 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 8, 2024 | Relisted | $299,900 | RichmondIN |
| Mar 30, 2024 | Listing removed | — | RichmondIN |
| Feb 8, 2024 | Price changed | $299,900 | RichmondIN |
| Oct 9, 2023 | Price changed | $315,000 | MIBOR |
| Aug 31, 2023 | Listed | $325,000 | MIBOR |
| Jul 5, 2022 | Sold | $105,000 | IRMLS |
| Dec 7, 2006 | Sold | $113,848 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $249,400 | $9,700 | $259,100 | $2,591 |
| 2022 | $119,800 | $9,700 | $129,500 | $1,301 |
| 2021 | $107,300 | $8,400 | $115,700 | $1,163 |
| 2020 | $108,600 | $8,400 | $117,000 | $1,238 |
| 2019 | $104,700 | $7,600 | $112,300 | $1,205 |
| 2018 | $104,500 | $7,600 | $112,100 | $1,182 |
| 2017 | $99,800 | $7,400 | $107,200 | $1,181 |
| 2016 | $95,300 | $7,400 | $102,700 | $1,128 |
| 2015 | $93,600 | $7,600 | $101,200 | $1,033 |
| 2013 | $90,900 | $7,800 | $98,700 | $1,358 |
| 2012 | $92,700 | $7,800 | $100,500 | $1,405 |
| 2011 | $90,400 | $7,800 | $98,200 | $1,286 |
| 2010 | $91,400 | $7,800 | $99,200 | $940 |
| 2008 | $91,400 | $7,800 | $99,200 | $624 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,172 sqft
Lot size
16,988 sqft
ZIP code
47362
City
New Castle
Street
Riley Rd
Coordinates
39.90264, -85.36679
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$630
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Riley Rd last sell?
1516 Riley Rd most recently sold on Jul 5, 2022 for $105,000.
What is the current tax assessment for 1516 Riley Rd?
The most recent total assessment for 1516 Riley Rd (year 2024) is $259,100 with $2,591 in property tax.
How does 1516 Riley Rd's assessment compare to its last sale price?
The current assessment is 146.8% above the last sale price of $105,000.
When was 1516 Riley Rd built?
1516 Riley Rd was built in 1900.
How does 1516 Riley Rd compare to others on Riley Rd?
We track 8 other properties on Riley Rd. Browse the list under "Other properties on Riley Rd" to compare beds, baths, and sale history.
What are the property facts for 1516 Riley Rd?
1516 Riley Rd is a 4 bed, 2 bath, 2,172 sqft, 16,988 sqft lot single_family.
Is 1516 Riley Rd a flip candidate?
No — 1516 Riley Rd does not appear in our flips dataset.
Is 1516 Riley Rd a tax-appeal candidate?
Yes — 1516 Riley Rd 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 valuationQuarterly trend
-0.9%
Implied 1-yr
-3.6%
2026 Q3
$153.9K
2026 Q4
$152.5K
ZIP 47362 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Riley Rd