Which of the following sentences is correctly punctuated?

Which of the following sentences is correctly punctuated?

1- On March 21 1985, our community held its bicentennial.
2- On March 21, 1985, our community held its bicentennial.
3- On March 21, 1985 our community held its bicentennial.
4- On March 21, 1985 our community, held its bicentennial.