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303 Melville St

Rensselaer, IN 47978

3 bd 2 ba 1,640 sqft Built 1920 Lot 40,032 sqft single_family
Most recent sale
$170,000
Oct 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 9, 2022 Price changed $279,900 MLS #520023
Sep 20, 2022 Listed $289,900 MLS #520023
Oct 29, 2021 Sold $170,000 Public Record
Aug 13, 2018 Price changed $179,900 MLS #429656
Jun 2, 2018 Relisted $189,900 MLS #429656
Feb 23, 2018 Listed $189,900 MLS #429656
Oct 14, 2016 Price changed $79,900 MLS #393755
Jun 30, 2016 Listed $89,900 MLS #393755
Aug 31, 2015 Listed $89,900 MLS #379393

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $215,000 $48,000 $263,000 $1,355
2024 $195,800 $48,000 $243,800 $1,485
2023 $127,300 $40,700 $168,000 $1,047
2022 $108,400 $40,700 $149,100 $488
2021 $107,200 $40,700 $147,900 $359
2020 $107,200 $40,700 $147,900 $2,019
2019 $105,400 $40,700 $146,100 $1,917
2018 $104,600 $40,700 $145,300 $1,839
2017 $86,700 $40,700 $127,400 $1,532
2016 $85,500 $40,700 $126,200 $568
2015 $80,800 $40,700 $121,500 $542
2014 $79,300 $40,700 $120,000 $528
2013 $78,200 $38,800 $117,000 $671
2012 $76,900 $38,800 $115,700 $468
2011 $73,500 $37,300 $110,800 $484
2010 $73,500 $37,300 $110,800 $420
2009 $73,500 $37,300 $110,800 $469
2008 $72,900 $36,600 $109,500 $425
2005 $66,300 $32,200 $98,500 $832

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
40,032 sqft
ZIP code
47978
City
Rensselaer
Street
Melville St
Coordinates
40.93521, -87.14132

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,020
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 303 Melville St last sell?
303 Melville St most recently sold on Oct 29, 2021 for $170,000.
What is the current tax assessment for 303 Melville St?
The most recent total assessment for 303 Melville St (year 2025) is $263,000 with $1,355 in property tax.
How does 303 Melville St's assessment compare to its last sale price?
The current assessment is 54.7% above the last sale price of $170,000.
When was 303 Melville St built?
303 Melville St was built in 1920.
How does 303 Melville St compare to others on Melville St?
We track 8 other properties on Melville St. Browse the list under "Other properties on Melville St" to compare beds, baths, and sale history.
What are the property facts for 303 Melville St?
303 Melville St is a 3 bed, 2 bath, 1,640 sqft, 40,032 sqft lot single_family.
Is 303 Melville St a flip candidate?
No — 303 Melville St does not appear in our flips dataset.
Is 303 Melville St a tax-appeal candidate?
Yes — 303 Melville 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 valuation
Quarterly trend
+6.5%
Implied 1-yr
+26.0%
2026 Q3
$290.2K
2026 Q4
$303.4K
ZIP 47978 — Median Price History + Forecast

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