518 Grace St
Rensselaer, IN 47978
3 bd 2 ba 2,256 sqft Built 1947 Lot 11,326 sqft single_family
Most recent sale
$106,250
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 8, 2022 | Sold | $106,250 | Public Record |
| Aug 5, 2022 | Sold | $170,000 | NIRA |
| Jul 7, 2022 | Listed | $179,900 | MLS #202227679 |
| Jul 5, 2022 | Listed | $179,900 | MLS #515629 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $149,900 | $24,000 | $173,900 | $793 |
| 2024 | $137,800 | $22,500 | $160,300 | $852 |
| 2023 | $96,600 | $19,500 | $116,100 | $794 |
| 2022 | $106,700 | $19,500 | $126,200 | $374 |
| 2021 | $104,300 | $19,500 | $123,800 | $541 |
| 2020 | $104,300 | $19,500 | $123,800 | $508 |
| 2019 | $104,300 | $18,800 | $123,100 | $502 |
| 2018 | $103,400 | $18,800 | $122,200 | $477 |
| 2017 | $97,100 | $18,800 | $115,900 | $404 |
| 2016 | $96,500 | $18,800 | $115,300 | $378 |
| 2015 | $94,500 | $18,800 | $113,300 | $370 |
| 2014 | $94,800 | $18,800 | $113,600 | $370 |
| 2013 | $93,200 | $18,800 | $112,000 | $475 |
| 2012 | $91,500 | $18,800 | $110,300 | $326 |
| 2011 | $86,900 | $17,300 | $104,200 | $316 |
| 2010 | $86,900 | $17,300 | $104,200 | $255 |
| 2009 | $86,900 | $17,300 | $104,200 | $285 |
| 2008 | $97,800 | $17,300 | $115,100 | $380 |
| 2005 | $84,700 | $13,100 | $97,800 | $659 |
Property facts
Year built
1947
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,256 sqft
Lot size
11,326 sqft
ZIP code
47978
City
Rensselaer
Street
Grace St
Coordinates
40.93140, -87.15459
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$638
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 518 Grace St last sell?
518 Grace St most recently sold on Aug 8, 2022 for $106,250.
What is the current tax assessment for 518 Grace St?
The most recent total assessment for 518 Grace St (year 2025) is $173,900 with $793 in property tax.
How does 518 Grace St's assessment compare to its last sale price?
The current assessment is 63.7% above the last sale price of $106,250.
When was 518 Grace St built?
518 Grace St was built in 1947.
How does 518 Grace St compare to others on Grace St?
We track 8 other properties on Grace St. Browse the list under "Other properties on Grace St" to compare beds, baths, and sale history.
What are the property facts for 518 Grace St?
518 Grace St is a 3 bed, 2 bath, 2,256 sqft, 11,326 sqft lot single_family.
Is 518 Grace St a flip candidate?
No — 518 Grace St does not appear in our flips dataset.
Is 518 Grace St a tax-appeal candidate?
Yes — 518 Grace St 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 valuationQuarterly trend
+6.5%
Implied 1-yr
+26.0%
2026 Q3
$290.2K
2026 Q4
$303.4K
ZIP 47978 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grace St