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602 Thayer St

Bourbon, IN 46504

2 bd 1 ba 1,050 sqft Built 1890 Lot 5,940 sqft single_family
Most recent sale
$185,000
Nov 27, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2024 Sold $190,000 IRMLS
Nov 27, 2023 Sold $185,000 IRMLS
Feb 11, 2010 Listing removed $77,500 NorthCentralIndiana
Nov 24, 2009 Relisted $77,500 NorthCentralIndiana
Nov 3, 2009 Listing removed $77,500 NorthCentralIndiana
Jul 11, 2009 Listed $77,500 NorthCentralIndiana

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,600 $15,900 $147,500 $1,421
2024 $131,600 $15,900 $147,500 $1,475
2023 $87,300 $14,700 $102,000 $1,010
2022 $74,900 $11,700 $86,600 $990
2021 $41,400 $11,000 $52,400 $807
2020 $40,400 $10,700 $51,100 $377
2019 $38,800 $10,200 $49,000 $372
2018 $37,800 $10,000 $47,800 $351
2017 $39,700 $10,000 $49,700 $334
2016 $36,100 $9,600 $45,700 $341
2015 $36,300 $9,600 $45,900 $310
2013 $36,300 $9,500 $45,800 $288
2012 $37,100 $9,700 $46,800 $306
2011 $41,000 $7,200 $48,200 $287
2010 $36,800 $7,700 $44,500 $208
2008 $37,100 $7,700 $44,800 $191

Property facts

Year built
1890
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,050 sqft
Lot size
5,940 sqft
ZIP code
46504
City
Bourbon
Street
Thayer St
Coordinates
41.29998, -86.11242

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,575
Gross rental yield
10.22%
Implied cap rate
6.64%
Trend-extrapolated value

Frequently asked questions

When did 602 Thayer St last sell?
602 Thayer St most recently sold on Nov 27, 2023 for $185,000.
What is the current tax assessment for 602 Thayer St?
The most recent total assessment for 602 Thayer St (year 2025) is $147,500 with $1,421 in property tax.
How does 602 Thayer St's assessment compare to its last sale price?
The current assessment is 20.3% below the last sale price of $185,000.
When was 602 Thayer St built?
602 Thayer St was built in 1890.
How does 602 Thayer St compare to others on Thayer St?
We track 8 other properties on Thayer St. Browse the list under "Other properties on Thayer St" to compare beds, baths, and sale history.
What are the property facts for 602 Thayer St?
602 Thayer St is a 2 bed, 1 bath, 1,050 sqft, 5,940 sqft lot single_family.
Is 602 Thayer St a flip candidate?
No — 602 Thayer St does not appear in our flips dataset.
Is 602 Thayer St a tax-appeal candidate?
No — 602 Thayer St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.6%
Implied 1-yr
+2.2%
2026 Q1
$210K
2026 Q2
$210K
ZIP 46504 — Median Price History + Forecast

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