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8227 State Road 56

West Baden Springs, IN 47469

2 bd 1 ba 1,792 sqft Built 1930 Lot 15,000 sqft single_family
Most recent sale
$145,000
Dec 7, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 7, 2023 Sold $145,000 Public Record
Oct 14, 2021 Sold $145,000 IRMLS
Aug 2, 2018 Listing removed $149,000 IRMLS
Feb 28, 2018 Relisted $149,000 IRMLS
Feb 27, 2018 Listing removed $149,000 IRMLS
Aug 2, 2017 Listed $149,000 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $153,100 $15,100 $168,200 $1,682
2022 $134,900 $14,300 $149,200 $2,984
2021 $107,900 $13,400 $121,300 $2,426
2020 $102,100 $12,600 $114,700 $2,316
2019 $97,400 $12,100 $109,500 $2,241
2018 $95,000 $12,100 $107,100 $2,211
2017 $95,000 $11,900 $106,900 $2,142
2016 $92,900 $11,600 $104,500 $2,138
2015 $92,800 $11,600 $104,400 $2,090
2013 $91,700 $11,600 $103,300 $2,175
2012 $91,400 $11,600 $103,000 $2,267
2011 $86,600 $10,700 $97,300 $2,125
2010 $86,600 $10,700 $97,300 $1,916
2008 $78,800 $8,500 $87,300 $1,829
2005 $72,000 $4,700 $76,700 $1,770

Property facts

Year built
1930
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,792 sqft
Lot size
15,000 sqft
ZIP code
47469
City
West Baden Springs
Street
State Road 56
Coordinates
38.56450, -86.61348

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8227 State Road 56 last sell?
8227 State Road 56 most recently sold on Dec 7, 2023 for $145,000.
What is the current tax assessment for 8227 State Road 56?
The most recent total assessment for 8227 State Road 56 (year 2024) is $168,200 with $1,682 in property tax.
How does 8227 State Road 56's assessment compare to its last sale price?
The current assessment is 16.0% above the last sale price of $145,000.
When was 8227 State Road 56 built?
8227 State Road 56 was built in 1930.
How does 8227 State Road 56 compare to others on State Road 56?
We track 8 other properties on State Road 56. Browse the list under "Other properties on State Road 56" to compare beds, baths, and sale history.
What are the property facts for 8227 State Road 56?
8227 State Road 56 is a 2 bed, 1 bath, 1,792 sqft, 15,000 sqft lot single_family.
Is 8227 State Road 56 a flip candidate?
No — 8227 State Road 56 does not appear in our flips dataset.
Is 8227 State Road 56 a tax-appeal candidate?
Yes — 8227 State Road 56 appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+8.0%
Implied 1-yr
+32.0%
2026 Q3
$367.9K
2026 Q4
$387.2K
ZIP 47469 — Median Price History + Forecast

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