2481 State Road 227
Richmond, IN 47374
2 bd 1 ba 2,902 sqft Built 1930 Lot 488,308 sqft other
Most recent sale
$330,000
Jul 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 15, 2022 | Sold | $330,000 | Public Record |
| May 12, 2022 | Listed | $330,000 | MLS #10043779 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $128,000 | $22,600 | $150,600 | $1,584 |
| 2022 | $109,700 | $18,800 | $128,500 | $1,408 |
| 2021 | $99,500 | $18,300 | $117,800 | $1,283 |
| 2020 | $96,700 | $18,300 | $115,000 | $1,262 |
| 2019 | $97,700 | $18,900 | $116,600 | $1,307 |
| 2018 | $119,000 | $23,100 | $142,100 | $2,001 |
| 2017 | $117,400 | $23,500 | $140,900 | $1,980 |
| 2016 | $117,600 | $23,600 | $141,200 | $1,988 |
| 2015 | $109,800 | $14,500 | $124,300 | $1,560 |
| 2014 | $111,100 | $14,500 | $125,600 | $1,581 |
| 2013 | $114,500 | $14,300 | $128,800 | $1,947 |
| 2012 | $114,400 | $14,200 | $128,600 | $1,600 |
| 2011 | $118,000 | $14,100 | $132,100 | $1,596 |
| 2009 | $118,200 | $13,900 | $132,100 | $1,512 |
Property facts
Year built
1930
Property type
other
Stories
2
Beds
2
Baths
1
Living area
2,902 sqft
Lot size
488,308 sqft
ZIP code
47374
City
Richmond
Street
State Road 227
Coordinates
39.79647, -84.88003
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,980
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2481 State Road 227 last sell?
2481 State Road 227 most recently sold on Jul 15, 2022 for $330,000.
What is the current tax assessment for 2481 State Road 227?
The most recent total assessment for 2481 State Road 227 (year 2024) is $150,600 with $1,584 in property tax.
How does 2481 State Road 227's assessment compare to its last sale price?
The current assessment is 54.4% below the last sale price of $330,000.
When was 2481 State Road 227 built?
2481 State Road 227 was built in 1930.
How does 2481 State Road 227 compare to others on State Road 227?
We track 8 other properties on State Road 227. Browse the list under "Other properties on State Road 227" to compare beds, baths, and sale history.
What are the property facts for 2481 State Road 227?
2481 State Road 227 is a 2 bed, 1 bath, 2,902 sqft, 488,308 sqft lot other.
Is 2481 State Road 227 a flip candidate?
No — 2481 State Road 227 does not appear in our flips dataset.
Is 2481 State Road 227 a tax-appeal candidate?
No — 2481 State Road 227 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-10.7%
Implied 1-yr
-42.9%
2026 Q3
$70.8K
2026 Q4
$70.8K
ZIP 47374 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State Road 227