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197 Fall Creek Rd

Spencer, IN 47460

2 bd 2 ba 1,300 sqft Built 1989 Lot 487,872 sqft single_family
Most recent sale
$347,900
Jan 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 13, 2022 Sold $347,900 Public Record
Dec 23, 2021 Sold $355,000 MIBOR
Dec 22, 2021 Sold $355,000 MLS #11022953
Sep 13, 2021 Listed $350,000 MLS #21813018
Sep 12, 2021 Listed $350,000 MLS #11022953

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $195,500 $53,300 $248,800 $3,559
2022 $155,400 $52,200 $207,600 $3,394
2021 $136,200 $51,900 $188,100 $3,453
2020 $126,700 $51,800 $178,500 $3,192
2019 $121,800 $42,200 $164,000 $3,107
2018 $116,900 $34,300 $151,200 $2,898
2017 $105,700 $34,600 $140,300 $2,640
2016 $105,700 $34,800 $140,500 $2,585
2015 $94,100 $34,900 $129,000 $3,762
2014 $92,700 $34,900 $127,600 $2,407
2013 $87,900 $34,500 $122,400 $2,337
2012 $89,200 $34,300 $123,500 $2,470
2011 $80,700 $36,300 $117,000 $2,275
2010 $83,800 $36,800 $120,600 $2,538
2009 $90,100 $36,800 $126,900 $2,513
2008 $88,500 $35,400 $123,900 $2,423

Property facts

Year built
1989
Property type
single_family
Stories
3
Beds
2
Baths
2
Living area
1,300 sqft
Lot size
487,872 sqft
ZIP code
47460
City
Spencer
Street
Fall Creek Rd
Coordinates
39.31616, -86.76579

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,950
Gross rental yield
6.73%
Implied cap rate
4.37%
Trend-extrapolated value

Frequently asked questions

When did 197 Fall Creek Rd last sell?
197 Fall Creek Rd most recently sold on Jan 13, 2022 for $347,900.
What is the current tax assessment for 197 Fall Creek Rd?
The most recent total assessment for 197 Fall Creek Rd (year 2024) is $248,800 with $3,559 in property tax.
How does 197 Fall Creek Rd's assessment compare to its last sale price?
The current assessment is 28.5% below the last sale price of $347,900.
When was 197 Fall Creek Rd built?
197 Fall Creek Rd was built in 1989.
How does 197 Fall Creek Rd compare to others on Fall Creek Rd?
We track 2 other properties on Fall Creek Rd. Browse the list under "Other properties on Fall Creek Rd" to compare beds, baths, and sale history.
What are the property facts for 197 Fall Creek Rd?
197 Fall Creek Rd is a 2 bed, 2 bath, 1,300 sqft, 487,872 sqft lot single_family.
Is 197 Fall Creek Rd a flip candidate?
No — 197 Fall Creek Rd does not appear in our flips dataset.
Is 197 Fall Creek Rd a tax-appeal candidate?
No — 197 Fall Creek Rd 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
-1.4%
Implied 1-yr
-5.5%
2026 Q3
$243.8K
2026 Q4
$243.8K
ZIP 47460 — Median Price History + Forecast

Explore nearby

Other properties on Fall Creek Rd