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501 Spencer St

Columbia City, IN 46725

3 bd 1 ba 1,572 sqft Built 1935 Lot 3,700 sqft single_family
Most recent sale
$160,250
Jul 21, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 4, 2024 Sold $169,900 IRMLS
Mar 21, 2024 Price changed $169,900 IRMLS
Feb 17, 2024 Listed $175,000 IRMLS
Jul 21, 2023 Sold $160,250 IRMLS
Jun 24, 2023 Listed $154,900 IRMLS
Sep 6, 2018 Sold $109,900 Public Record
Aug 5, 2018 Listing removed $109,900 IRMLS
Jul 30, 2018 Listed $109,900 IRMLS
Jun 5, 2013 Sold $74,200 Public Record
Apr 29, 2013 Listing removed $76,000 IRMLS
Feb 11, 2013 Listed $76,000 IRMLS
Oct 12, 2006 Sold $96,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2021 $89,400 $7,700 $97,100 $790
2020 $82,200 $7,000 $89,200 $628
2019 $73,900 $7,000 $80,900 $541
2017 $66,000 $7,000 $73,000 $458
2016 $61,600 $7,000 $68,600 $413
2015 $59,600 $7,000 $66,600 $345
2014 $59,600 $7,000 $66,600 $343
2013 $58,400 $7,000 $65,400 $340
2012 $57,300 $7,000 $64,300 $1,482
2011 $55,300 $5,300 $60,600 $295
2010 $53,100 $5,300 $58,400 $279
2009 $59,200 $5,300 $64,500 $286

Property facts

Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,572 sqft
Lot size
3,700 sqft
ZIP code
46725
City
Columbia City
Street
Spencer St
Coordinates
41.15350, -85.49438

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$962
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 501 Spencer St last sell?
501 Spencer St most recently sold on Jul 21, 2023 for $160,250.
What is the current tax assessment for 501 Spencer St?
The most recent total assessment for 501 Spencer St (year 2021) is $97,100 with $790 in property tax.
How does 501 Spencer St's assessment compare to its last sale price?
The current assessment is 39.4% below the last sale price of $160,250.
When was 501 Spencer St built?
501 Spencer St was built in 1935.
How does 501 Spencer St compare to others on Spencer St?
We track 8 other properties on Spencer St. Browse the list under "Other properties on Spencer St" to compare beds, baths, and sale history.
What are the property facts for 501 Spencer St?
501 Spencer St is a 3 bed, 1 bath, 1,572 sqft, 3,700 sqft lot single_family.
Is 501 Spencer St a flip candidate?
No — 501 Spencer St does not appear in our flips dataset.
Is 501 Spencer St a tax-appeal candidate?
No — 501 Spencer 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
+3.9%
Implied 1-yr
+15.4%
2026 Q3
$321.1K
2026 Q4
$331K
ZIP 46725 — Median Price History + Forecast

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