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5508 Clem Rd

Portage, IN 46368

3 bd 1 ba 1,128 sqft Built 1940 Lot 18,330 sqft single_family
Most recent sale
$144,287
Oct 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 5, 2022 Sold $144,287 Public Record
Sep 3, 2022 Listed $119,000 MLS #519140

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $85,600 $33,000 $118,600 $1,031
2022 $80,300 $31,500 $111,800 $982
2021 $69,300 $31,500 $100,800 $840
2020 $64,200 $29,300 $93,500 $734
2019 $62,300 $29,300 $91,600 $710
2018 $61,700 $36,800 $98,500 $834
2017 $46,400 $36,800 $83,200 $526
2016 $37,400 $41,400 $78,800 $491
2015 $37,400 $41,400 $78,800 $502
2014 $35,800 $39,800 $75,600 $444
2013 $32,900 $39,700 $72,600 $480
2012 $34,200 $41,700 $75,900 $487
2011 $43,900 $22,600 $66,500 $385
2010 $44,200 $23,200 $67,400 $359
2009 $48,300 $23,200 $71,500 $323

Property facts

Year built
1940
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,128 sqft
Lot size
18,330 sqft
ZIP code
46368
City
Portage
Street
Clem Rd
Coordinates
41.58959, -87.20223

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,692
Gross rental yield
14.07%
Implied cap rate
9.15%
Trend-extrapolated value

Frequently asked questions

When did 5508 Clem Rd last sell?
5508 Clem Rd most recently sold on Oct 5, 2022 for $144,287.
What is the current tax assessment for 5508 Clem Rd?
The most recent total assessment for 5508 Clem Rd (year 2024) is $118,600 with $1,031 in property tax.
How does 5508 Clem Rd's assessment compare to its last sale price?
The current assessment is 17.8% below the last sale price of $144,287.
When was 5508 Clem Rd built?
5508 Clem Rd was built in 1940.
How does 5508 Clem Rd compare to others on Clem Rd?
We track 8 other properties on Clem Rd. Browse the list under "Other properties on Clem Rd" to compare beds, baths, and sale history.
What are the property facts for 5508 Clem Rd?
5508 Clem Rd is a 3 bed, 1 bath, 1,128 sqft, 18,330 sqft lot single_family.
Is 5508 Clem Rd a flip candidate?
No — 5508 Clem Rd does not appear in our flips dataset.
Is 5508 Clem Rd a tax-appeal candidate?
No — 5508 Clem 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
+2.4%
Implied 1-yr
+9.8%
2026 Q3
$356.8K
2026 Q4
$364.3K
ZIP 46368 — Median Price History + Forecast

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