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8978 Backwater Rd

North Webster, IN 46555

3 bd 2 ba 1,520 sqft Built 1961 Lot 7,841 sqft single_family
Most recent sale
$175,000
Jul 28, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 10, 2022 Sold $335,000 IRMLS
Oct 9, 2022 Price changed $335,000 MLS #202232152
Sep 9, 2022 Price changed $350,000 MLS #202232152
Aug 3, 2022 Listed $385,000 MLS #202232152
Jul 28, 2021 Sold $175,000 Public Record
Jul 26, 2021 Sold $175,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $233,600 $47,000 $280,600 $1,425
2022 $117,200 $20,600 $137,800 $610
2021 $95,800 $17,500 $113,300 $1,184
2020 $94,300 $16,200 $110,500 $1,105
2019 $94,300 $16,200 $110,500 $1,088
2018 $89,200 $15,400 $104,600 $942
2017 $82,800 $15,400 $98,200 $903
2016 $84,500 $16,500 $101,000 $804
2015 $81,700 $16,500 $98,200 $838
2014 $76,800 $16,500 $93,300 $818
2013 $83,300 $16,500 $99,800 $943
2012 $86,000 $16,500 $102,500 $817
2011 $88,700 $14,400 $103,100 $753
2010 $88,700 $14,400 $103,100 $719
2009 $88,700 $13,400 $102,100 $769
2008 $122,200 $18,100 $140,300 $1,004
2007 $122,200 $18,100 $140,300 $1,015

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,520 sqft
Lot size
7,841 sqft
ZIP code
46555
City
North Webster
Street
Backwater Rd
Coordinates
41.31682, -85.67236

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,050
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8978 Backwater Rd last sell?
8978 Backwater Rd most recently sold on Jul 28, 2021 for $175,000.
What is the current tax assessment for 8978 Backwater Rd?
The most recent total assessment for 8978 Backwater Rd (year 2024) is $280,600 with $1,425 in property tax.
How does 8978 Backwater Rd's assessment compare to its last sale price?
The current assessment is 60.3% above the last sale price of $175,000.
When was 8978 Backwater Rd built?
8978 Backwater Rd was built in 1961.
How does 8978 Backwater Rd compare to others on Backwater Rd?
We track 8 other properties on Backwater Rd. Browse the list under "Other properties on Backwater Rd" to compare beds, baths, and sale history.
What are the property facts for 8978 Backwater Rd?
8978 Backwater Rd is a 3 bed, 2 bath, 1,520 sqft, 7,841 sqft lot single_family.
Is 8978 Backwater Rd a flip candidate?
Yes — 8978 Backwater Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 8978 Backwater Rd a tax-appeal candidate?
No — 8978 Backwater 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
+1.2%
Implied 1-yr
+4.9%
2026 Q3
$249.1K
2026 Q4
$251.9K
ZIP 46555 — Median Price History + Forecast

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