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228 Sulphur Springs Rd

New Castle, IN 47362

3 bd 2 ba 1,400 sqft Built 1996 Lot 19,602 sqft single_family
Most recent sale
$196,980
Jul 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2026 Listing removed $124,900 IRMLS
Jul 6, 2022 Sold $196,980 Public Record
Jun 24, 2022 Sold $201,000 MIBOR
May 18, 2022 Listed $185,000 MLS #10043846
Mar 16, 2016 Sold $141,387 Public Record
Aug 31, 2015 Listing removed $109,900 Muncie
Aug 30, 2015 Listing removed $109,900 RichmondIN
Jul 28, 2015 Price changed $109,900 MLS #21356390
Jun 4, 2015 Listed $114,500 MLS #10025564
Jun 1, 2015 Listed $114,500 MLS #201524932
May 30, 2015 Listed $114,500 MLS #21356390
Jul 1, 2014 Listing removed $114,900 RichmondIN
Apr 10, 2014 Listing removed $114,900 Muncie
Dec 24, 2013 Listed $114,900 MLS #20058371
Dec 18, 2013 Listed $114,900 MLS #21268996
Dec 10, 2013 Listed $114,900 MLS #10021500
Jun 22, 2013 Listing removed $114,900 MIBOR
Jun 21, 2013 Listing removed $114,900 Muncie
May 16, 2013 Price changed $114,900 MLS #51628
Feb 18, 2013 Listed $119,900 MLS #21216849
May 28, 2008 Sold $133,375 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $124,800 $23,300 $148,100 $1,201
2022 $110,300 $22,000 $132,300 $1,198
2021 $103,200 $19,100 $122,300 $1,079
2020 $99,600 $19,100 $118,700 $1,087
2019 $91,300 $19,100 $110,400 $938
2018 $89,600 $18,100 $107,700 $794
2017 $89,500 $18,100 $107,600 $769
2016 $87,900 $17,600 $105,500 $728
2015 $89,400 $18,400 $107,800 $476
2014 $87,000 $18,400 $105,400 $425
2013 $82,400 $18,100 $100,500 $757
2012 $82,200 $18,100 $100,300 $777
2011 $105,700 $18,100 $123,800 $980
2010 $109,900 $18,400 $128,300 $562
2009 $109,900 $18,400 $128,300 $559
2008 $110,900 $18,400 $129,300 $495

Property facts

Year built
1996
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,400 sqft
Lot size
19,602 sqft
ZIP code
47362
City
New Castle
Street
Sulphur Springs Rd
Coordinates
39.93539, -85.41330

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,100
Gross rental yield
12.79%
Implied cap rate
8.32%
Trend-extrapolated value

Frequently asked questions

When did 228 Sulphur Springs Rd last sell?
228 Sulphur Springs Rd most recently sold on Jul 6, 2022 for $196,980.
What is the current tax assessment for 228 Sulphur Springs Rd?
The most recent total assessment for 228 Sulphur Springs Rd (year 2024) is $148,100 with $1,201 in property tax.
How does 228 Sulphur Springs Rd's assessment compare to its last sale price?
The current assessment is 24.8% below the last sale price of $196,980.
When was 228 Sulphur Springs Rd built?
228 Sulphur Springs Rd was built in 1996.
How does 228 Sulphur Springs Rd compare to others on Sulphur Springs Rd?
We track 8 other properties on Sulphur Springs Rd. Browse the list under "Other properties on Sulphur Springs Rd" to compare beds, baths, and sale history.
What are the property facts for 228 Sulphur Springs Rd?
228 Sulphur Springs Rd is a 3 bed, 2 bath, 1,400 sqft, 19,602 sqft lot single_family.
Is 228 Sulphur Springs Rd a flip candidate?
No — 228 Sulphur Springs Rd does not appear in our flips dataset.
Is 228 Sulphur Springs Rd a tax-appeal candidate?
No — 228 Sulphur Springs 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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