1224 Spencer Ave
Marion, IN 46952
3 bd 3 ba 1,824 sqft Built 1900 Lot 6,098 sqft single_family
Most recent sale
$131,896
Aug 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 15, 2022 | Sold | $131,896 | Public Record |
| Aug 12, 2022 | Sold | $133,000 | IRMLS |
| Jun 24, 2022 | Price changed | $130,000 | MLS #202224475 |
| Jun 18, 2022 | Listed | $135,000 | MLS #202224475 |
| Apr 26, 2016 | Sold | $73,750 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $148,100 | $11,900 | $160,000 | $1,560 |
| 2024 | $148,100 | $11,900 | $160,000 | $1,600 |
| 2022 | $72,100 | $11,300 | $83,400 | $757 |
| 2021 | $73,400 | $11,300 | $84,700 | $811 |
| 2020 | $73,400 | $11,300 | $84,700 | $725 |
| 2019 | $72,800 | $11,300 | $84,100 | $672 |
| 2018 | $72,800 | $11,300 | $84,100 | $609 |
| 2017 | $70,500 | $11,300 | $81,800 | $546 |
| 2016 | $70,500 | $11,300 | $81,800 | $507 |
| 2015 | $71,700 | $11,300 | $83,000 | $523 |
| 2014 | $70,700 | $11,300 | $82,000 | $507 |
| 2013 | $69,800 | $11,300 | $81,100 | $771 |
| 2012 | $66,300 | $11,300 | $77,600 | $325 |
| 2011 | $44,800 | $11,300 | $56,100 | $221 |
| 2010 | $44,800 | $11,300 | $56,100 | $214 |
| 2009 | $47,800 | $12,200 | $60,000 | $1,518 |
Property facts
Year built
1900
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,824 sqft
Lot size
6,098 sqft
ZIP code
46952
City
Marion
Street
Spencer Ave
Coordinates
40.56306, -85.67386
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
$791
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1224 Spencer Ave last sell?
1224 Spencer Ave most recently sold on Aug 15, 2022 for $131,896.
What is the current tax assessment for 1224 Spencer Ave?
The most recent total assessment for 1224 Spencer Ave (year 2025) is $160,000 with $1,560 in property tax.
How does 1224 Spencer Ave's assessment compare to its last sale price?
The current assessment is 21.3% above the last sale price of $131,896.
When was 1224 Spencer Ave built?
1224 Spencer Ave was built in 1900.
How does 1224 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 1224 Spencer Ave?
1224 Spencer Ave is a 3 bed, 3 bath, 1,824 sqft, 6,098 sqft lot single_family.
Is 1224 Spencer Ave a flip candidate?
No — 1224 Spencer Ave does not appear in our flips dataset.
Is 1224 Spencer Ave a tax-appeal candidate?
Yes — 1224 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 valuationQuarterly trend
+15.4%
Implied 1-yr
+61.6%
2026 Q3
$582.3K
2026 Q4
$627.2K
ZIP 46952 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spencer Ave