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6709 State Road 38

New Castle, IN 47362

3 bd 2 ba 2,352 sqft Built 1850 Lot 749,711 sqft other
Most recent sale
$437,087
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 1, 2025 Listing removed $440,000 MIBOR
Aug 30, 2022 Sold $437,087 Public Record
Apr 29, 2022 Price changed $440,000 MLS #21824411
Apr 21, 2022 Price changed $460,000 MLS #21824411
Apr 5, 2022 Price changed $470,000 MLS #21824411
Mar 10, 2022 Price changed $485,000 MLS #21824411
Dec 30, 2021 Price changed $499,900 MLS #21824411
Dec 2, 2021 Price changed $510,000 MLS #21824411
Nov 11, 2021 Listed $525,000 MLS #21824411
May 12, 2021 Sold $427,000 Public Record
May 4, 2021 Sold $427,000 MIBOR
Mar 16, 2021 Listed $427,000 MLS #21771565

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $172,200 $54,900 $227,100 $2,014
2022 $142,900 $42,300 $185,200 $1,784
2021 $99,000 $39,000 $138,000 $1,470
2020 $96,600 $38,800 $135,400 $1,454
2019 $94,200 $43,300 $137,500 $1,523
2018 $88,500 $42,500 $131,000 $1,424
2017 $87,600 $46,400 $134,000 $1,350
2016 $84,300 $47,400 $131,700 $1,257
2015 $86,400 $48,800 $135,200 $1,163
2014 $80,300 $48,800 $129,100 $1,045
2013 $74,300 $43,400 $117,700 $1,069
2012 $78,300 $41,300 $119,600 $1,009
2011 $79,300 $39,200 $118,500 $1,002
2010 $79,800 $35,840 $115,640 $927
2009 $79,800 $35,200 $115,000 $846
2008 $79,800 $33,420 $113,220 $911

Property facts

Year built
1850
Property type
other
Stories
1
Beds
3
Baths
2
Living area
2,352 sqft
Lot size
749,711 sqft
ZIP code
47362
City
New Castle
Street
State Road 38
Coordinates
39.95574, -85.51531

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
$3,528
Gross rental yield
9.69%
Implied cap rate
6.30%
Trend-extrapolated value

Frequently asked questions

When did 6709 State Road 38 last sell?
6709 State Road 38 most recently sold on Aug 30, 2022 for $437,087.
What is the current tax assessment for 6709 State Road 38?
The most recent total assessment for 6709 State Road 38 (year 2024) is $227,100 with $2,014 in property tax.
How does 6709 State Road 38's assessment compare to its last sale price?
The current assessment is 48.0% below the last sale price of $437,087.
When was 6709 State Road 38 built?
6709 State Road 38 was built in 1850.
How does 6709 State Road 38 compare to others on State Road 38?
We track 8 other properties on State Road 38. Browse the list under "Other properties on State Road 38" to compare beds, baths, and sale history.
What are the property facts for 6709 State Road 38?
6709 State Road 38 is a 3 bed, 2 bath, 2,352 sqft, 749,711 sqft lot other.
Is 6709 State Road 38 a flip candidate?
No — 6709 State Road 38 does not appear in our flips dataset.
Is 6709 State Road 38 a tax-appeal candidate?
No — 6709 State Road 38 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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