State Road 257
Velpen, IN 47590
4 bd 2 ba 1,655 sqft Built 1987 Lot 217,800 sqft mobile
Most recent sale
$225,900
Apr 5, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 5, 2024 | Sold | $225,900 | IRMLS |
| Feb 14, 2024 | Listed | $239,000 | IRMLS |
| Sep 15, 2021 | Sold | $60,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $104,700 | $14,200 | $118,900 | $1,134 |
| 2022 | $68,000 | $13,000 | $81,000 | $172 |
| 2021 | $58,100 | $11,900 | $70,000 | $57 |
| 2020 | $55,800 | $11,800 | $67,600 | $56 |
| 2019 | $56,300 | $11,400 | $67,700 | $55 |
| 2018 | $54,500 | $11,100 | $65,600 | $188 |
| 2017 | $54,200 | $10,700 | $64,900 | $178 |
| 2016 | $54,200 | $10,600 | $64,800 | $187 |
| 2015 | $53,100 | $10,300 | $63,400 | $444 |
| 2013 | $52,800 | $10,000 | $62,800 | $410 |
| 2012 | $54,000 | $9,900 | $63,900 | $397 |
| 2011 | $55,900 | $8,800 | $64,700 | $406 |
| 2010 | $45,500 | $8,700 | $54,200 | $280 |
| 2009 | $46,000 | $6,900 | $52,900 | $274 |
Property facts
Year built
1987
Property type
mobile
Stories
1
Beds
4
Baths
2
Living area
1,655 sqft
Lot size
217,800 sqft
ZIP code
47590
City
Velpen
Street
State Road 257
Coordinates
38.38487, -87.08994
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,483
Gross rental yield
13.19%
Implied cap rate
8.57%
Trend-extrapolated value
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Frequently asked questions
When did State Road 257 last sell?
State Road 257 most recently sold on Apr 5, 2024 for $225,900.
What is the current tax assessment for State Road 257?
The most recent total assessment for State Road 257 (year 2024) is $118,900 with $1,134 in property tax.
How does State Road 257's assessment compare to its last sale price?
The current assessment is 47.4% below the last sale price of $225,900.
When was State Road 257 built?
State Road 257 was built in 1987.
How does 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 State Road 257?
State Road 257 is a 4 bed, 2 bath, 1,655 sqft, 217,800 sqft lot mobile.
Is State Road 257 a flip candidate?
No — State Road 257 does not appear in our flips dataset.
Is State Road 257 a tax-appeal candidate?
No — 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