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5218 Nelson Dr

Otisco, IN 47163

4 bd 3 ba 2,796 sqft Built 1971 Lot 339,768 sqft single_family
Most recent sale
$155,000
Aug 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 22, 2023 Sold $238,000 Public Record
Dec 7, 2022 Listed $252,000 SIRA
Oct 31, 2022 Price changed $252,000 SIRA
Sep 19, 2022 Price changed $255,000 MLS #2022011801
Sep 6, 2022 Listed $260,000 MLS #2022011801
Aug 19, 2022 Sold $155,000 Public Record
Feb 27, 2018 Listing removed $189,000 SIRA
Feb 11, 2018 Price changed $189,000 MLS #2017010288
Dec 9, 2017 Price changed $195,000 MLS #2017010288
Nov 21, 2017 Price changed $230,000 MLS #2017010288
Oct 25, 2017 Listed $250,000 MLS #2017010288
Jan 1, 2016 Sold $175,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $236,700 $61,600 $298,300 $2,481
2022 $195,000 $41,000 $236,000 $1,902
2021 $179,800 $30,900 $210,700 $1,656
2020 $169,500 $25,900 $195,400 $1,557
2019 $159,200 $26,100 $185,300 $1,357
2018 $155,200 $26,100 $181,300 $1,452
2017 $147,000 $26,300 $173,300 $808
2016 $161,000 $26,300 $187,300 $867
2015 $157,300 $26,400 $183,700 $1,392
2014 $148,100 $26,400 $174,500 $1,203
2013 $147,300 $26,200 $173,500 $1,434
2012 $149,000 $26,100 $175,100 $1,247
2011 $160,400 $26,000 $186,400 $1,388
2010 $160,400 $25,900 $186,300 $1,052
2009 $152,100 $25,900 $178,000 $925
2008 $161,400 $25,800 $187,200 $1,241

Property facts

Year built
1971
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,796 sqft
Lot size
339,768 sqft
ZIP code
47163
City
Otisco
Street
Nelson Dr
Coordinates
38.51824, -85.66486

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 5218 Nelson Dr last sell?
5218 Nelson Dr most recently sold on Aug 19, 2022 for $155,000.
What is the current tax assessment for 5218 Nelson Dr?
The most recent total assessment for 5218 Nelson Dr (year 2024) is $298,300 with $2,481 in property tax.
How does 5218 Nelson Dr's assessment compare to its last sale price?
The current assessment is 92.5% above the last sale price of $155,000.
When was 5218 Nelson Dr built?
5218 Nelson Dr was built in 1971.
How does 5218 Nelson Dr compare to others on Nelson Dr?
We track 2 other properties on Nelson Dr. Browse the list under "Other properties on Nelson Dr" to compare beds, baths, and sale history.
What are the property facts for 5218 Nelson Dr?
5218 Nelson Dr is a 4 bed, 3 bath, 2,796 sqft, 339,768 sqft lot single_family.
Is 5218 Nelson Dr a flip candidate?
Yes — 5218 Nelson Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5218 Nelson Dr a tax-appeal candidate?
Yes — 5218 Nelson Dr 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
+5.2%
Implied 1-yr
+20.6%
2024 Q2
$340.7K
2024 Q3
$353.8K
ZIP 47163 — Median Price History + Forecast

Explore nearby

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