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1605 Spencer Ave

Marion, IN 46952

2 bd 1 ba 1,312 sqft Built 1910 Lot 4,269 sqft single_family
Most recent sale
$54,444
May 10, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 10, 2026 Listed $75,000 IRMLS
May 10, 2022 Sold $54,444 Public Record
May 6, 2022 Sold $54,900 IRMLS
Mar 5, 2022 Price changed $54,900 MLS #202204318
Feb 11, 2022 Listed $57,500 MLS #202204318
May 6, 2014 Listing removed $18,900 centralindiana
May 2, 2014 Listing removed $18,900 centralindiana
Mar 5, 2014 Listing removed $18,900 centralindiana
Nov 5, 2013 Listed $18,900 MLS #984277
Nov 4, 2013 Listed $18,900 MLS #77081106

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $40,900 $4,100 $45,000 $232
2024 $40,900 $4,100 $45,000 $361
2022 $37,700 $4,100 $41,800 $270
2021 $22,000 $4,100 $26,100 $742
2020 $22,000 $4,100 $26,100 $522
2019 $21,100 $4,100 $25,200 $504
2018 $19,600 $3,600 $23,200 $464
2017 $20,600 $3,600 $24,200 $484
2016 $22,800 $4,300 $27,100 $542
2015 $23,400 $4,300 $27,700 $554
2014 $23,700 $4,300 $28,000 $560
2013 $21,700 $4,300 $26,000 $976
2012 $21,700 $4,300 $26,000 $461
2011 $21,700 $4,300 $26,000 $494
2010 $21,700 $4,300 $26,000 $477
2009 $21,700 $4,300 $26,000 $650

Property facts

Year built
1910
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
1,312 sqft
Lot size
4,269 sqft
ZIP code
46952
City
Marion
Street
Spencer Ave
Coordinates
40.56239, -85.67950

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$327
Gross rental yield
7.21%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1605 Spencer Ave last sell?
1605 Spencer Ave most recently sold on May 10, 2022 for $54,444.
What is the current tax assessment for 1605 Spencer Ave?
The most recent total assessment for 1605 Spencer Ave (year 2025) is $45,000 with $232 in property tax.
How does 1605 Spencer Ave's assessment compare to its last sale price?
The current assessment is 17.3% below the last sale price of $54,444.
When was 1605 Spencer Ave built?
1605 Spencer Ave was built in 1910.
How does 1605 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 1605 Spencer Ave?
1605 Spencer Ave is a 2 bed, 1 bath, 1,312 sqft, 4,269 sqft lot single_family.
Is 1605 Spencer Ave a flip candidate?
No — 1605 Spencer Ave does not appear in our flips dataset.
Is 1605 Spencer Ave a tax-appeal candidate?
No — 1605 Spencer Ave 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
+15.4%
Implied 1-yr
+61.6%
2026 Q3
$582.3K
2026 Q4
$627.2K
ZIP 46952 — Median Price History + Forecast

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