501 Shaffer Rd
Bourbon, IN 46504
3 bd 2 ba 2,352 sqft Built 1966 Lot 22,216 sqft single_family
Most recent sale
$203,800
Dec 20, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 20, 2021 | Sold | $203,800 | MLS #11033404 |
| Oct 28, 2021 | Listed | $215,000 | MLS #11033404 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $152,300 | $27,600 | $179,900 | $1,845 |
| 2024 | $152,300 | $27,600 | $179,900 | $1,799 |
| 2023 | $146,900 | $26,500 | $173,400 | $1,799 |
| 2022 | $96,900 | $19,700 | $116,600 | $1,734 |
| 2021 | $105,000 | $19,700 | $124,700 | $149 |
| 2020 | $105,000 | $19,700 | $124,700 | $335 |
| 2019 | $102,000 | $19,100 | $121,100 | $310 |
| 2016 | $89,600 | $17,800 | $107,400 | $10 |
| 2015 | $91,800 | $17,300 | $109,100 | $39 |
| 2014 | $95,600 | $17,800 | $113,400 | $125 |
| 2013 | $95,600 | $17,800 | $113,400 | $118 |
| 2012 | $97,700 | $18,000 | $115,700 | $167 |
| 2011 | $93,800 | $14,700 | $108,500 | $23 |
| 2010 | $97,800 | $15,300 | $113,100 | $130 |
| 2009 | $99,900 | $15,700 | $115,600 | $151 |
| 2008 | $99,900 | $15,600 | $115,500 | $296 |
Property facts
Year built
1966
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,352 sqft
Lot size
22,216 sqft
ZIP code
46504
City
Bourbon
Street
Shaffer Rd
Coordinates
41.30311, -86.11112
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,223
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 501 Shaffer Rd last sell?
501 Shaffer Rd most recently sold on Dec 20, 2021 for $203,800.
What is the current tax assessment for 501 Shaffer Rd?
The most recent total assessment for 501 Shaffer Rd (year 2025) is $179,900 with $1,845 in property tax.
How does 501 Shaffer Rd's assessment compare to its last sale price?
The current assessment is 11.7% below the last sale price of $203,800.
When was 501 Shaffer Rd built?
501 Shaffer Rd was built in 1966.
How does 501 Shaffer Rd compare to others on Shaffer Rd?
We track 5 other properties on Shaffer Rd. Browse the list under "Other properties on Shaffer Rd" to compare beds, baths, and sale history.
What are the property facts for 501 Shaffer Rd?
501 Shaffer Rd is a 3 bed, 2 bath, 2,352 sqft, 22,216 sqft lot single_family.
Is 501 Shaffer Rd a flip candidate?
No — 501 Shaffer Rd does not appear in our flips dataset.
Is 501 Shaffer Rd a tax-appeal candidate?
No — 501 Shaffer Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+9.8%
Implied 1-yr
+39.3%
2026 Q1
$247.7K
2026 Q2
$262.6K
ZIP 46504 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Shaffer Rd