875 500
New Palestine, IN 46163
4 bd 2 ba 1,536 sqft Built 1969 Lot 87,120 sqft single_family
Most recent sale
$366,930
Dec 7, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 6, 2026 | Sold | $400,000 | MIBOR |
| Feb 16, 2026 | Price changed | $410,000 | MIBOR |
| Jan 16, 2026 | Price changed | $412,500 | MIBOR |
| Nov 3, 2025 | Listed | $415,000 | MIBOR |
| Dec 7, 2023 | Sold | $366,930 | Public Record |
| Dec 1, 2023 | Listing removed | $399,900 | MIBOR |
| Dec 1, 2023 | Sold | $380,000 | MIBOR |
| Sep 21, 2023 | Listed | $399,900 | MIBOR |
| Dec 8, 2022 | Sold | $138,000 | Public Record |
| Dec 6, 2022 | Sold | $138,000 | MIBOR |
| Dec 6, 2022 | Listing removed | $110,000 | MIBOR |
| Oct 20, 2022 | Listed | $110,000 | MIBOR |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $229,600 | $75,200 | $304,800 | $2,456 |
| 2024 | $229,600 | $75,200 | $304,800 | $2,605 |
| 2023 | $225,100 | $75,200 | $300,300 | $1,683 |
| 2021 | $103,200 | $48,200 | $151,400 | $3,033 |
| 2020 | $98,300 | $48,200 | $146,500 | $817 |
| 2019 | $105,700 | $41,700 | $147,400 | $801 |
| 2018 | $104,200 | $41,700 | $145,900 | $939 |
| 2017 | $99,200 | $41,700 | $140,900 | $928 |
| 2016 | $97,000 | $39,300 | $136,300 | $946 |
| 2015 | $97,000 | $39,300 | $136,300 | $932 |
| 2014 | $97,700 | $38,000 | $135,700 | $964 |
| 2013 | $94,200 | $38,000 | $132,200 | $934 |
| 2012 | $92,200 | $38,000 | $130,200 | $929 |
| 2011 | $89,600 | $38,000 | $127,600 | $922 |
| 2010 | $89,600 | $38,000 | $127,600 | $950 |
| 2009 | $89,600 | $38,000 | $127,600 | $1,139 |
| 2008 | $88,900 | $34,600 | $123,500 | $1,118 |
Property facts
Year built
1969
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
1,536 sqft
Lot size
87,120 sqft
ZIP code
46163
City
New Palestine
Street
500
Coordinates
39.77300, -85.89517
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,304
Gross rental yield
7.53%
Implied cap rate
4.90%
Trend-extrapolated value
—
Frequently asked questions
When did 875 500 last sell?
875 500 most recently sold on Dec 7, 2023 for $366,930.
What is the current tax assessment for 875 500?
The most recent total assessment for 875 500 (year 2025) is $304,800 with $2,456 in property tax.
How does 875 500's assessment compare to its last sale price?
The current assessment is 16.9% below the last sale price of $366,930.
When was 875 500 built?
875 500 was built in 1969.
How does 875 500 compare to others on 500?
We track 8 other properties on 500. Browse the list under "Other properties on 500" to compare beds, baths, and sale history.
What are the property facts for 875 500?
875 500 is a 4 bed, 2 bath, 1,536 sqft, 87,120 sqft lot single_family.
Is 875 500 a flip candidate?
Yes — 875 500 appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 875 500 a tax-appeal candidate?
No — 875 500 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$419.4K
2026 Q4
$425.5K