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121 New Orleans St

Schererville, IN 46375

2 bd 2 ba 1,261 sqft Built 1974 Lot 824,460 sqft condos
Most recent sale
$155,000
Jan 24, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 24, 2023 Sold $155,000 NIRA

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $119,500 $38,000 $157,500 $1,150
2022 $88,600 $13,100 $101,700 $1,875
2021 $82,000 $13,100 $95,100 $337
2020 $86,000 $13,100 $99,100 $395
2019 $73,700 $13,100 $86,800 $341
2018 $46,900 $13,100 $60,000 $108
2017 $46,900 $13,100 $60,000 $50
2016 $51,900 $13,100 $65,000 $50
2015 $82,900 $13,600 $96,500 $26
2013 $82,900 $13,600 $96,500 $670
2012 $82,900 $13,600 $96,500 $650
2011 $85,300 $23,100 $108,400 $719
2010 $84,900 $23,100 $108,000 $683
2008 $98,000 $98,000 $582
2005 $93,300 $93,300 $602

Property facts

Year built
1974
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,261 sqft
Lot size
824,460 sqft
ZIP code
46375
City
Schererville
Street
New Orleans St
Coordinates
41.48883, -87.44955

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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 121 New Orleans St last sell?
121 New Orleans St most recently sold on Jan 24, 2023 for $155,000.
What is the current tax assessment for 121 New Orleans St?
The most recent total assessment for 121 New Orleans St (year 2024) is $157,500 with $1,150 in property tax.
How does 121 New Orleans St's assessment compare to its last sale price?
The current assessment is 1.6% above the last sale price of $155,000.
When was 121 New Orleans St built?
121 New Orleans St was built in 1974.
How does 121 New Orleans St compare to others on New Orleans St?
We track 2 other properties on New Orleans St. Browse the list under "Other properties on New Orleans St" to compare beds, baths, and sale history.
What are the property facts for 121 New Orleans St?
121 New Orleans St is a 2 bed, 2 bath, 1,261 sqft, 824,460 sqft lot condos.
Is 121 New Orleans St a flip candidate?
No — 121 New Orleans St does not appear in our flips dataset.
Is 121 New Orleans St a tax-appeal candidate?
No — 121 New Orleans 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
+1.2%
Implied 1-yr
+4.6%
2026 Q3
$393.7K
2026 Q4
$397.9K
ZIP 46375 — Median Price History + Forecast

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