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218 Rachel St

Rensselaer, IN 47978

2 bd 1 ba 868 sqft Built 1955 Lot 8,538 sqft single_family
Most recent sale
$120,000
Apr 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 30, 2025 Sold $106,500 Public Record
Mar 7, 2025 Price changed $114,900 IRMLS
Feb 6, 2025 Listed $119,900 IRMLS
Apr 26, 2022 Sold $120,000 Public Record
Dec 14, 2021 Listed $115,000 MLS #505340
Jul 12, 2021 Sold $109,900 Public Record
Jul 9, 2021 Sold $109,000 NIRA
May 26, 2021 Listed $109,900 MLS #493729
Feb 22, 2021 Sold $32,000 Public Record
Feb 19, 2021 Sold $32,000 NIRA
Jan 18, 2021 Price changed $44,900 MLS #487153
Jan 14, 2021 Listed $48,900 MLS #487153

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $92,400 $17,100 $109,500 $436
2024 $92,400 $17,100 $109,500 $466
2023 $76,100 $14,800 $90,900 $396
2022 $30,800 $14,800 $45,600 $344
2021 $33,300 $14,800 $48,100 $165
2020 $32,800 $14,800 $47,600 $656
2019 $32,500 $14,800 $47,300 $624
2018 $28,900 $14,800 $43,700 $598
2017 $28,500 $14,800 $43,300 $525
2016 $30,300 $14,800 $45,100 $493
2015 $30,000 $14,800 $44,800 $522
2014 $30,000 $14,800 $44,800 $516
2013 $29,200 $14,800 $44,000 $673
2012 $28,700 $14,800 $43,500 $473
2011 $40,200 $14,300 $54,500 $662
2010 $40,200 $14,300 $54,500 $571
2009 $40,200 $14,300 $54,500 $667
2008 $39,800 $11,700 $51,500 $690
2005 $36,200 $10,300 $46,500 $754

Property facts

Year built
1955
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
868 sqft
Lot size
8,538 sqft
ZIP code
47978
City
Rensselaer
Street
Rachel St
Coordinates
40.94006, -87.14346

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
$1,302
Gross rental yield
13.02%
Implied cap rate
8.46%
Trend-extrapolated value

Frequently asked questions

When did 218 Rachel St last sell?
218 Rachel St most recently sold on Apr 26, 2022 for $120,000.
What is the current tax assessment for 218 Rachel St?
The most recent total assessment for 218 Rachel St (year 2025) is $109,500 with $436 in property tax.
How does 218 Rachel St's assessment compare to its last sale price?
The current assessment is 8.8% below the last sale price of $120,000.
When was 218 Rachel St built?
218 Rachel St was built in 1955.
How does 218 Rachel St compare to others on Rachel St?
We track 8 other properties on Rachel St. Browse the list under "Other properties on Rachel St" to compare beds, baths, and sale history.
What are the property facts for 218 Rachel St?
218 Rachel St is a 2 bed, 1 bath, 868 sqft, 8,538 sqft lot single_family.
Is 218 Rachel St a flip candidate?
Yes — 218 Rachel St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 218 Rachel St a tax-appeal candidate?
No — 218 Rachel St 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
+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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