1509 State Road 257
Velpen, IN 47590
3 bd 2 ba 2,880 sqft Built 2020 Lot 200,376 sqft single_family
Most recent sale
$405,000
Dec 27, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 1, 2024 | Price changed | $469,000 | IRMLS |
| Mar 6, 2024 | Listed | $479,000 | IRMLS |
| Dec 27, 2023 | Sold | $405,000 | IRMLS |
| Nov 12, 2023 | Listed | $399,900 | IRMLS |
| Oct 25, 2018 | Sold | $25,000 | IRMLS |
| Sep 10, 2018 | Listed | $28,620 | IRMLS |
| Jun 25, 2018 | Sold | $62,327 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $351,000 | $29,200 | $380,200 | $3,966 |
| 2022 | $247,200 | $27,500 | $274,700 | $3,336 |
| 2021 | $4,700 | $25,100 | $29,800 | $5,054 |
| 2020 | $45,500 | $24,800 | $70,300 | $731 |
| 2019 | $50,100 | $24,400 | $74,500 | $1,522 |
| 2018 | $48,400 | $24,000 | $72,400 | $451 |
| 2017 | $47,600 | $22,500 | $70,100 | $409 |
| 2016 | $45,500 | $21,900 | $67,400 | $374 |
| 2015 | $44,700 | $21,600 | $66,300 | $347 |
| 2013 | $44,200 | $21,600 | $65,800 | $317 |
| 2012 | $44,700 | $21,600 | $66,300 | $301 |
| 2011 | $39,600 | $18,800 | $58,400 | $223 |
| 2010 | $37,400 | $18,800 | $56,200 | $452 |
| 2009 | $37,800 | $16,600 | $54,400 | $450 |
Property facts
Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,880 sqft
Lot size
200,376 sqft
ZIP code
47590
City
Velpen
Street
State Road 257
Coordinates
38.39976, -87.09046
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,320
Gross rental yield
12.80%
Implied cap rate
8.32%
Trend-extrapolated value
—
Frequently asked questions
When did 1509 State Road 257 last sell?
1509 State Road 257 most recently sold on Dec 27, 2023 for $405,000.
What is the current tax assessment for 1509 State Road 257?
The most recent total assessment for 1509 State Road 257 (year 2024) is $380,200 with $3,966 in property tax.
How does 1509 State Road 257's assessment compare to its last sale price?
The current assessment is 6.1% below the last sale price of $405,000.
When was 1509 State Road 257 built?
1509 State Road 257 was built in 2020.
How does 1509 State Road 257 compare to others on State Road 257?
We track 8 other properties on State Road 257. Browse the list under "Other properties on State Road 257" to compare beds, baths, and sale history.
What are the property facts for 1509 State Road 257?
1509 State Road 257 is a 3 bed, 2 bath, 2,880 sqft, 200,376 sqft lot single_family.
Is 1509 State Road 257 a flip candidate?
No — 1509 State Road 257 does not appear in our flips dataset.
Is 1509 State Road 257 a tax-appeal candidate?
No — 1509 State Road 257 is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+12.1%
Implied 1-yr
+48.6%
2025 Q3
$341.2K
2025 Q4
$364.4K
ZIP 47590 — Median Price History + Forecast
Explore nearby
Geography
Other properties on State Road 257