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5008 Independence Ave

Portage, IN 46368

4 bd 2 ba 2,148 sqft Built 1998 Lot 8,276 sqft single_family
Most recent sale
$308,750
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $308,750 Public Record
Jun 21, 2022 Sold $260,000 NIRA
May 19, 2022 Listed $260,000 MLS #512764

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $212,200 $28,600 $240,800 $2,408
2022 $187,800 $27,200 $215,000 $2,145
2021 $168,500 $27,200 $195,700 $1,972
2020 $151,800 $24,800 $176,600 $1,781
2019 $148,000 $24,800 $172,800 $1,743
2018 $148,000 $24,800 $172,800 $1,758
2017 $143,000 $26,300 $169,300 $1,755
2016 $135,900 $24,600 $160,500 $1,723
2015 $140,100 $25,200 $165,300 $1,635
2014 $140,100 $25,200 $165,300 $1,664
2013 $130,300 $25,100 $155,400 $2,027
2012 $126,600 $24,400 $151,000 $1,861
2011 $152,100 $24,600 $176,700 $2,120
2010 $155,800 $25,200 $181,000 $1,662
2009 $143,000 $25,200 $168,200 $1,488

Property facts

Year built
1998
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,148 sqft
Lot size
8,276 sqft
ZIP code
46368
City
Portage
Street
Independence Ave
Coordinates
41.57070, -87.22128

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,222
Gross rental yield
12.52%
Implied cap rate
8.14%
Trend-extrapolated value

Frequently asked questions

When did 5008 Independence Ave last sell?
5008 Independence Ave most recently sold on Jun 24, 2022 for $308,750.
What is the current tax assessment for 5008 Independence Ave?
The most recent total assessment for 5008 Independence Ave (year 2024) is $240,800 with $2,408 in property tax.
How does 5008 Independence Ave's assessment compare to its last sale price?
The current assessment is 22.0% below the last sale price of $308,750.
When was 5008 Independence Ave built?
5008 Independence Ave was built in 1998.
How does 5008 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 5008 Independence Ave?
5008 Independence Ave is a 4 bed, 2 bath, 2,148 sqft, 8,276 sqft lot single_family.
Is 5008 Independence Ave a flip candidate?
No — 5008 Independence Ave does not appear in our flips dataset.
Is 5008 Independence Ave a tax-appeal candidate?
No — 5008 Independence Ave 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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