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5522 Redwood Ave

Portage, IN 46368

3 bd 2 ba 1,280 sqft Built 1961 Lot 12,663 sqft single_family
Most recent sale
$248,562
Sep 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 13, 2022 Sold $248,562 Public Record
Aug 31, 2022 Sold $205,000 NIRA
Jun 30, 2022 Listed $205,000 MLS #515408
Jul 7, 2016 Sold $125,945 Public Record
Jul 1, 2016 Sold $127,000 NIRA
May 9, 2016 Listed $129,000 MLS #393255
Mar 22, 2016 Listing removed $129,000 NIRA
Feb 18, 2016 Listed $129,000 MLS #388206

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $143,200 $41,500 $184,700 $1,847
2022 $126,200 $39,600 $165,800 $1,654
2021 $104,600 $39,600 $144,200 $1,459
2020 $95,700 $37,800 $133,500 $1,352
2019 $88,700 $37,800 $126,500 $1,280
2018 $84,800 $37,800 $122,600 $1,229
2017 $83,600 $37,800 $121,400 $1,090
2016 $61,600 $41,100 $102,700 $868
2015 $61,600 $41,100 $102,700 $889
2014 $60,900 $39,600 $100,500 $941
2013 $57,500 $40,600 $98,100 $998
2012 $56,700 $40,200 $96,900 $939
2011 $59,800 $36,300 $96,100 $847
2010 $61,100 $37,100 $98,200 $780
2009 $62,900 $38,300 $101,200 $864
2006 $68,500 $41,600 $110,100 $928

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,280 sqft
Lot size
12,663 sqft
ZIP code
46368
City
Portage
Street
Redwood Ave
Coordinates
41.56030, -87.20133

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,920
Gross rental yield
9.27%
Implied cap rate
6.03%
Trend-extrapolated value

Frequently asked questions

When did 5522 Redwood Ave last sell?
5522 Redwood Ave most recently sold on Sep 13, 2022 for $248,562.
What is the current tax assessment for 5522 Redwood Ave?
The most recent total assessment for 5522 Redwood Ave (year 2024) is $184,700 with $1,847 in property tax.
How does 5522 Redwood Ave's assessment compare to its last sale price?
The current assessment is 25.7% below the last sale price of $248,562.
When was 5522 Redwood Ave built?
5522 Redwood Ave was built in 1961.
How does 5522 Redwood Ave compare to others on Redwood Ave?
We track 8 other properties on Redwood Ave. Browse the list under "Other properties on Redwood Ave" to compare beds, baths, and sale history.
What are the property facts for 5522 Redwood Ave?
5522 Redwood Ave is a 3 bed, 2 bath, 1,280 sqft, 12,663 sqft lot single_family.
Is 5522 Redwood Ave a flip candidate?
Yes — 5522 Redwood Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5522 Redwood Ave a tax-appeal candidate?
No — 5522 Redwood 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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