1516 Madison St
Rochester, IN 46975
3 bd 1 ba 2,017 sqft Built 1900 Lot 11,326 sqft single_family
Most recent sale
$150,000
Oct 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 7, 2022 | Sold | $150,000 | Public Record |
| Oct 6, 2022 | Sold | $120,000 | IRMLS |
| Jul 24, 2022 | Listed | $124,900 | MLS #202230677 |
| Jan 23, 2017 | Listing removed | $64,800 | NorthCentralIndiana |
| Jan 23, 2017 | Sold | $58,000 | Public Record |
| Jul 26, 2016 | Listed | $64,800 | MLS #201634675 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $101,600 | $13,700 | $115,300 | $233 |
| 2022 | $73,700 | $13,700 | $87,400 | $224 |
| 2021 | $77,900 | $13,700 | $91,600 | $542 |
| 2020 | $72,100 | $13,700 | $85,800 | $486 |
| 2019 | $65,600 | $13,700 | $79,300 | $373 |
| 2018 | $65,700 | $13,700 | $79,400 | $385 |
| 2017 | $64,800 | $13,700 | $78,500 | $127 |
| 2016 | $64,800 | $13,700 | $78,500 | $202 |
| 2015 | $63,300 | $13,700 | $77,000 | $167 |
| 2014 | $64,100 | $13,700 | $77,800 | $157 |
| 2013 | $62,600 | $13,700 | $76,300 | $177 |
| 2012 | $63,300 | $13,700 | $77,000 | $180 |
| 2011 | $68,000 | $14,200 | $82,200 | $213 |
| 2010 | $71,300 | $14,900 | $86,200 | $210 |
| 2009 | $71,300 | $14,900 | $86,200 | $170 |
| 2008 | $66,100 | $15,300 | $81,400 | $255 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
2,017 sqft
Lot size
11,326 sqft
ZIP code
46975
City
Rochester
Street
Madison St
Coordinates
41.05743, -86.21587
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$900
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1516 Madison St last sell?
1516 Madison St most recently sold on Oct 7, 2022 for $150,000.
What is the current tax assessment for 1516 Madison St?
The most recent total assessment for 1516 Madison St (year 2024) is $115,300 with $233 in property tax.
How does 1516 Madison St's assessment compare to its last sale price?
The current assessment is 23.1% below the last sale price of $150,000.
When was 1516 Madison St built?
1516 Madison St was built in 1900.
How does 1516 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 1516 Madison St?
1516 Madison St is a 3 bed, 1 bath, 2,017 sqft, 11,326 sqft lot single_family.
Is 1516 Madison St a flip candidate?
Yes — 1516 Madison St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1516 Madison St a tax-appeal candidate?
No — 1516 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q3
$250.1K
2026 Q4
$250.1K
ZIP 46975 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St