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2172 Mechanics St

Otwell, IN 47564

3 bd 1 ba 1,118 sqft Built 1930 Lot 11,025 sqft single_family
Most recent sale
$80,000
Apr 28, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2023 Sold $80,000 IRMLS
Dec 2, 2022 Listing removed $89,900 IRMLS
Nov 30, 2022 Price changed $89,900 IRMLS
Nov 16, 2022 Price changed $92,900 IRMLS
Oct 30, 2022 Price changed $99,900 IRMLS
Oct 25, 2022 Price changed $109,900 IRMLS
Oct 19, 2022 Listed $119,900 IRMLS
Oct 1, 2014 Listing removed $34,700 SIAR
Feb 25, 2014 Listed $34,700 SIAR
Sep 13, 2011 Listing removed $64,700 SIAR
May 25, 2011 Listed $64,700 SIAR

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $73,300 $9,900 $83,200 $556
2022 $32,400 $9,400 $41,800 $301
2021 $26,000 $7,800 $33,800 $280
2020 $24,900 $7,800 $32,700 $251
2019 $24,200 $7,600 $31,800 $232
2018 $23,200 $7,500 $30,700 $188
2017 $23,100 $7,400 $30,500 $614
2016 $35,600 $7,400 $43,000 $164
2015 $35,300 $7,400 $42,700 $232
2013 $34,500 $7,500 $42,000 $214
2012 $35,400 $7,500 $42,900 $220
2011 $29,900 $7,100 $37,000 $189
2010 $30,600 $7,000 $37,600 $198
2009 $30,900 $6,700 $37,600 $197

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,118 sqft
Lot size
11,025 sqft
ZIP code
47564
City
Otwell
Street
Mechanics St
Coordinates
38.45405, -87.09483

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$480
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2172 Mechanics St last sell?
2172 Mechanics St most recently sold on Apr 28, 2023 for $80,000.
What is the current tax assessment for 2172 Mechanics St?
The most recent total assessment for 2172 Mechanics St (year 2024) is $83,200 with $556 in property tax.
How does 2172 Mechanics St's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $80,000.
When was 2172 Mechanics St built?
2172 Mechanics St was built in 1930.
How does 2172 Mechanics St compare to others on Mechanics St?
We track 3 other properties on Mechanics St. Browse the list under "Other properties on Mechanics St" to compare beds, baths, and sale history.
What are the property facts for 2172 Mechanics St?
2172 Mechanics St is a 3 bed, 1 bath, 1,118 sqft, 11,025 sqft lot single_family.
Is 2172 Mechanics St a flip candidate?
No — 2172 Mechanics St does not appear in our flips dataset.
Is 2172 Mechanics St a tax-appeal candidate?
No — 2172 Mechanics St 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
+8.2%
Implied 1-yr
+32.8%
2026 Q3
$226.7K
2026 Q4
$239.1K
ZIP 47564 — Median Price History + Forecast

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