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609 Spencer Ave

Indianapolis, IN 46219

2 bd 1 ba 1,650 sqft Built 1952 Lot 6,229 sqft single_family
Most recent sale
$55,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 19, 2022 Price changed $145,000 MLS #21879516
Sep 12, 2022 Price changed $154,900 MLS #21879516
Sep 7, 2022 Price changed $169,900 MLS #21879516
Sep 1, 2022 Price changed $184,900 MLS #21879516
Aug 29, 2022 Listed $194,900 MLS #21879516
Mar 31, 2022 Sold $55,000 Public Record
Mar 30, 2006 Sold $33,751 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $104,900 $7,400 $112,300 $425
2024 $80,600 $7,400 $88,000 $90
2023 $80,600 $7,400 $88,000 $87
2022 $24,000 $7,400 $31,400 $476
2021 $24,000 $7,400 $31,400 $808
2020 $24,000 $12,800 $36,800 $935
2019 $24,000 $12,800 $36,800 $949
2018 $20,100 $12,800 $32,900 $863
2017 $19,900 $12,800 $32,700 $771
2016 $18,400 $12,800 $31,200 $723
2015 $17,400 $12,800 $30,200 $665
2014 $17,100 $12,800 $29,900 $646
2013 $33,200 $12,800 $46,000 $956
2012 $41,900 $12,800 $54,700 $1,227
2011 $34,000 $12,800 $46,800 $973
2010 $34,000 $12,800 $46,800 $1,034
2008 $35,700 $12,800 $48,500 $1,440
2006 $44,400 $12,800 $57,200 $480

Property facts

Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,650 sqft
Lot size
6,229 sqft
ZIP code
46219
City
Indianapolis
Street
Spencer Ave
Coordinates
39.75882, -86.07964

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$330
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 609 Spencer Ave last sell?
609 Spencer Ave most recently sold on Mar 31, 2022 for $55,000.
What is the current tax assessment for 609 Spencer Ave?
The most recent total assessment for 609 Spencer Ave (year 2025) is $112,300 with $425 in property tax.
How does 609 Spencer Ave's assessment compare to its last sale price?
The current assessment is 104.2% above the last sale price of $55,000.
When was 609 Spencer Ave built?
609 Spencer Ave was built in 1952.
How does 609 Spencer Ave compare to others on Spencer Ave?
We track 8 other properties on Spencer Ave. Browse the list under "Other properties on Spencer Ave" to compare beds, baths, and sale history.
What are the property facts for 609 Spencer Ave?
609 Spencer Ave is a 2 bed, 1 bath, 1,650 sqft, 6,229 sqft lot single_family.
Is 609 Spencer Ave a flip candidate?
No — 609 Spencer Ave does not appear in our flips dataset.
Is 609 Spencer Ave a tax-appeal candidate?
Yes — 609 Spencer Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.1%
2026 Q3
$226.9K
2026 Q4
$229.6K
ZIP 46219 — Median Price History + Forecast

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