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500 Riley Rd

New Castle, IN 47362

2 bd 1 ba 816 sqft Built 1953 Lot 10,990 sqft single_family
Most recent sale
$122,473
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 6, 2023 Listing removed $69,900 IRMLS
Aug 31, 2022 Sold $122,473 Public Record
Aug 26, 2022 Sold $97,000 IRMLS
Jul 15, 2022 Relisted $94,500 MLS #10043901
May 24, 2022 Listed $94,500 MLS #10043901
Feb 8, 2019 Sold $71,125 Public Record
Feb 7, 2019 Sold $58,700 IRMLS
Jan 21, 2019 Relisted $63,900 MLS #201850497
Nov 13, 2018 Listed $63,900 MLS #201850497
Nov 10, 2006 Listing removed $69,900 IRMLS
Sep 10, 2001 Listed $69,900 MLS #20047013

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $76,900 $17,600 $94,500 $945
2022 $46,700 $17,600 $64,300 $586
2021 $42,200 $15,300 $57,500 $527
2020 $40,900 $15,300 $56,200 $540
2019 $39,700 $15,300 $55,000 $640
2018 $18,300 $13,900 $32,200 $719
2017 $18,400 $13,900 $32,300 $723
2016 $18,300 $13,500 $31,800 $713
2015 $17,900 $13,500 $31,400 $679
2014 $18,100 $13,900 $32,000 $690
2013 $18,100 $14,200 $32,300 $1,370
2012 $18,500 $14,200 $32,700 $1,385
2011 $15,700 $14,200 $29,900 $1,214
2010 $16,200 $14,200 $30,400 $656
2009 $16,200 $14,200 $30,400 $1,082
2008 $37,400 $14,200 $51,600 $1,501

Property facts

Year built
1953
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
816 sqft
Lot size
10,990 sqft
ZIP code
47362
City
New Castle
Street
Riley Rd
Coordinates
39.90267, -85.38040

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,224
Gross rental yield
11.99%
Implied cap rate
7.80%
Trend-extrapolated value

Frequently asked questions

When did 500 Riley Rd last sell?
500 Riley Rd most recently sold on Aug 31, 2022 for $122,473.
What is the current tax assessment for 500 Riley Rd?
The most recent total assessment for 500 Riley Rd (year 2024) is $94,500 with $945 in property tax.
How does 500 Riley Rd's assessment compare to its last sale price?
The current assessment is 22.8% below the last sale price of $122,473.
When was 500 Riley Rd built?
500 Riley Rd was built in 1953.
How does 500 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 500 Riley Rd?
500 Riley Rd is a 2 bed, 1 bath, 816 sqft, 10,990 sqft lot single_family.
Is 500 Riley Rd a flip candidate?
Yes — 500 Riley Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 500 Riley Rd a tax-appeal candidate?
No — 500 Riley Rd 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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