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501 Ridge Springs Ln

Ellettsville, IN 47429

3 bd 2 ba 1,104 sqft Built 1990 Lot 12,197 sqft single_family
Most recent sale
$237,500
Sep 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 2, 2022 Sold $237,500 Public Record
Aug 31, 2022 Sold $190,000 MIBOR
Jul 28, 2022 Price changed $190,000 MLS #21868930
Jul 25, 2022 Price changed $190,000 MLS #202209348
Jul 15, 2022 Listed $195,000 MLS #21868930
Mar 21, 2022 Listed $195,000 MLS #202209348
May 15, 2015 Listing removed $119,900 MIBOR
May 12, 2015 Sold $105,850 Public Record
Mar 22, 2015 Listed $119,900 MLS #21342102
Aug 12, 2014 Listing removed $105,900 Bloomington
Jul 23, 2014 Sold $105,900 Public Record
Jun 23, 2014 Listed $105,900 MLS #201425930
Apr 26, 2013 Sold $65,107 Public Record
Jan 1, 2013 Sold $84,000 Public Record
Dec 11, 2012 Sold $84,000 Public Record
Oct 19, 2012 Sold $84,000 Public Record
Jan 1, 2012 Sold $84,000 Public Record
Dec 19, 2008 Sold $132,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $143,700 $47,500 $191,200 $1,480
2022 $128,400 $45,300 $173,700 $1,584
2021 $111,300 $37,300 $148,600 $1,395
2020 $101,500 $34,600 $136,100 $1,265
2019 $96,200 $28,800 $125,000 $1,110
2018 $83,700 $28,100 $111,800 $935
2017 $79,500 $28,100 $107,600 $971
2016 $73,400 $28,100 $101,500 $826
2015 $69,700 $28,100 $97,800 $439
2014 $68,200 $28,100 $96,300 $416
2013 $78,300 $28,100 $106,400 $2,579
2012 $77,300 $28,100 $105,400 $801
2011 $75,500 $28,100 $103,600 $860
2010 $75,500 $28,100 $103,600 $596
2009 $71,500 $28,100 $99,600 $524
2008 $67,800 $17,300 $85,100 $486

Property facts

Year built
1990
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,104 sqft
Lot size
12,197 sqft
ZIP code
47429
City
Ellettsville
Street
Ridge Springs Ln
Coordinates
39.23876, -86.63870

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,656
Gross rental yield
8.37%
Implied cap rate
5.44%
Trend-extrapolated value

Frequently asked questions

When did 501 Ridge Springs Ln last sell?
501 Ridge Springs Ln most recently sold on Sep 2, 2022 for $237,500.
What is the current tax assessment for 501 Ridge Springs Ln?
The most recent total assessment for 501 Ridge Springs Ln (year 2024) is $191,200 with $1,480 in property tax.
How does 501 Ridge Springs Ln's assessment compare to its last sale price?
The current assessment is 19.5% below the last sale price of $237,500.
When was 501 Ridge Springs Ln built?
501 Ridge Springs Ln was built in 1990.
How does 501 Ridge Springs Ln compare to others on Ridge Springs Ln?
We track 8 other properties on Ridge Springs Ln. Browse the list under "Other properties on Ridge Springs Ln" to compare beds, baths, and sale history.
What are the property facts for 501 Ridge Springs Ln?
501 Ridge Springs Ln is a 3 bed, 2 bath, 1,104 sqft, 12,197 sqft lot single_family.
Is 501 Ridge Springs Ln a flip candidate?
Yes — 501 Ridge Springs Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 501 Ridge Springs Ln a tax-appeal candidate?
No — 501 Ridge Springs Ln 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
+4.7%
Implied 1-yr
+18.7%
2026 Q3
$387.3K
2026 Q4
$401.2K
ZIP 47429 — Median Price History + Forecast

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