18597 County Road 48
New Paris, IN 46553
3 bd 3 ba 2,436 sqft Built 1979 Lot 130,680 sqft single_family
Most recent sale
$248,430
Jul 14, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 29, 2025 | Sold | $200,000 | MyStateMLS |
| Jul 28, 2025 | Listed | $200,000 | MyStateMLS |
| Jul 14, 2022 | Sold | $248,430 | Public Record |
| Jul 13, 2022 | Sold | $350,000 | IRMLS |
| May 27, 2022 | Price changed | $385,000 | MLS #202218827 |
| May 18, 2022 | Listed | $409,000 | MLS #202218827 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $304,400 | $48,900 | $353,300 | $2,108 |
| 2024 | $317,800 | $48,900 | $366,700 | $2,552 |
| 2023 | $268,900 | $48,900 | $317,800 | $2,752 |
| 2022 | $223,400 | $48,900 | $272,300 | $2,742 |
| 2021 | $212,900 | $48,900 | $261,800 | $2,382 |
| 2020 | $202,600 | $48,900 | $251,500 | $2,281 |
| 2019 | $182,800 | $48,900 | $231,700 | $2,102 |
| 2018 | $173,000 | $48,900 | $221,900 | $1,885 |
| 2017 | $168,300 | $48,900 | $217,200 | $1,920 |
| 2016 | $163,700 | $40,700 | $204,400 | $1,827 |
| 2015 | $158,100 | $40,700 | $198,800 | $1,749 |
| 2014 | $158,100 | $40,700 | $198,800 | $1,757 |
| 2013 | $158,100 | $40,700 | $198,800 | $1,615 |
| 2012 | $143,000 | $40,700 | $183,700 | $1,566 |
| 2011 | $197,800 | $38,700 | $236,500 | $2,055 |
| 2010 | $197,800 | $38,700 | $236,500 | $2,189 |
| 2009 | $215,700 | $42,000 | $257,700 | $2,215 |
| 2008 | $206,400 | $42,000 | $248,400 | $2,409 |
| 2007 | $228,300 | $30,000 | $258,300 | $3,354 |
| 2006 | $182,500 | $30,000 | $212,500 | $2,829 |
Property facts
Year built
1979
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
2,436 sqft
Lot size
130,680 sqft
ZIP code
46553
City
New Paris
Street
County Road 48
Coordinates
41.47923, -85.82035
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,491
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 18597 County Road 48 last sell?
18597 County Road 48 most recently sold on Jul 14, 2022 for $248,430.
What is the current tax assessment for 18597 County Road 48?
The most recent total assessment for 18597 County Road 48 (year 2025) is $353,300 with $2,108 in property tax.
How does 18597 County Road 48's assessment compare to its last sale price?
The current assessment is 42.2% above the last sale price of $248,430.
When was 18597 County Road 48 built?
18597 County Road 48 was built in 1979.
How does 18597 County Road 48 compare to others on County Road 48?
We track 4 other properties on County Road 48. Browse the list under "Other properties on County Road 48" to compare beds, baths, and sale history.
What are the property facts for 18597 County Road 48?
18597 County Road 48 is a 3 bed, 3 bath, 2,436 sqft, 130,680 sqft lot single_family.
Is 18597 County Road 48 a flip candidate?
No — 18597 County Road 48 does not appear in our flips dataset.
Is 18597 County Road 48 a tax-appeal candidate?
Yes — 18597 County Road 48 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
+5.2%
Implied 1-yr
+20.9%
2025 Q4
$305.2K
2026 Q1
$317.1K
ZIP 46553 — Median Price History + Forecast
Explore nearby
Geography
Other properties on County Road 48