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1514 Madison St

Rochester, IN 46975

3 bd 2 ba 1,184 sqft Built 1978 Lot 14,593 sqft single_family
Most recent sale
$172,978
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $172,978 Public Record
May 6, 2022 Sold $137,000 IRMLS
Mar 10, 2022 Listed $139,000 MLS #202207766

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $111,200 $17,900 $129,100 $772
2022 $111,100 $16,100 $127,200 $901
2021 $106,100 $16,100 $122,200 $544
2020 $98,800 $16,100 $114,900 $534
2019 $90,700 $16,100 $106,800 $523
2018 $93,300 $16,100 $109,400 $516
2017 $91,900 $16,100 $108,000 $506
2016 $91,900 $16,100 $108,000 $554
2015 $89,900 $16,100 $106,000 $726
2014 $90,000 $16,100 $106,100 $640
2013 $90,400 $16,100 $106,500 $850
2012 $92,300 $16,100 $108,400 $844
2011 $91,800 $16,100 $107,900 $695
2010 $89,600 $15,700 $105,300 $591
2009 $87,500 $15,300 $102,800 $492
2008 $78,500 $15,900 $94,400 $475

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,184 sqft
Lot size
14,593 sqft
ZIP code
46975
City
Rochester
Street
Madison St
Coordinates
41.05766, -86.21581

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
$1,776
Gross rental yield
12.32%
Implied cap rate
8.01%
Trend-extrapolated value

Frequently asked questions

When did 1514 Madison St last sell?
1514 Madison St most recently sold on May 9, 2022 for $172,978.
What is the current tax assessment for 1514 Madison St?
The most recent total assessment for 1514 Madison St (year 2024) is $129,100 with $772 in property tax.
How does 1514 Madison St's assessment compare to its last sale price?
The current assessment is 25.4% below the last sale price of $172,978.
When was 1514 Madison St built?
1514 Madison St was built in 1978.
How does 1514 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1514 Madison St?
1514 Madison St is a 3 bed, 2 bath, 1,184 sqft, 14,593 sqft lot single_family.
Is 1514 Madison St a flip candidate?
Yes — 1514 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1514 Madison St a tax-appeal candidate?
No — 1514 Madison 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
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$250.1K
2026 Q4
$250.1K
ZIP 46975 — Median Price History + Forecast

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