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331 Locust St

Newburgh, IN 47630

3 bd 2 ba 1,824 sqft Built 1860 Lot 7,405 sqft single_family
Most recent sale
$42,500
Jun 30, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 15, 2024 Sold $175,000 IRMLS
Feb 12, 2024 Price changed $185,000 IRMLS
Jan 4, 2024 Listed $195,000 IRMLS
Jun 30, 2021 Sold $42,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $82,100 $38,200 $120,300 $887
2022 $98,000 $14,600 $112,600 $2,161
2021 $78,500 $11,600 $90,100 $646
2020 $82,500 $11,600 $94,100 $702
2019 $77,800 $11,600 $89,400 $638
2018 $71,200 $11,600 $82,800 $543
2017 $67,900 $11,600 $79,500 $556
2016 $68,300 $10,900 $79,200 $649
2015 $68,300 $10,900 $79,200 $393
2013 $70,200 $10,900 $81,100 $406
2012 $69,700 $10,900 $80,600 $406
2011 $77,100 $10,900 $88,000 $499
2010 $77,100 $10,900 $88,000 $478

Property facts

Year built
1860
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,824 sqft
Lot size
7,405 sqft
ZIP code
47630
City
Newburgh
Street
Locust St
Coordinates
37.94727, -87.40181

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
$255
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 331 Locust St last sell?
331 Locust St most recently sold on Jun 30, 2021 for $42,500.
What is the current tax assessment for 331 Locust St?
The most recent total assessment for 331 Locust St (year 2024) is $120,300 with $887 in property tax.
How does 331 Locust St's assessment compare to its last sale price?
The current assessment is 183.1% above the last sale price of $42,500.
When was 331 Locust St built?
331 Locust St was built in 1860.
How does 331 Locust St compare to others on Locust St?
We track 8 other properties on Locust St. Browse the list under "Other properties on Locust St" to compare beds, baths, and sale history.
What are the property facts for 331 Locust St?
331 Locust St is a 3 bed, 2 bath, 1,824 sqft, 7,405 sqft lot single_family.
Is 331 Locust St a flip candidate?
No — 331 Locust St does not appear in our flips dataset.
Is 331 Locust St a tax-appeal candidate?
Yes — 331 Locust St 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 valuation
Quarterly trend
+1.6%
Implied 1-yr
+6.5%
2026 Q3
$380.8K
2026 Q4
$386.4K
ZIP 47630 — Median Price History + Forecast

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