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601 Franklin St

Spencer, IN 47460

2 bd 1 ba 814 sqft Built 1910 Lot 6,098 sqft single_family
Most recent sale
$57,000
May 13, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 16, 2022 Sold $85,000 IRMLS
Oct 18, 2022 Price changed $89,900 MLS #21883485
Sep 16, 2022 Listed $95,000 MLS #21883485
May 13, 2021 Sold $57,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $63,200 $7,400 $70,600 $389
2022 $14,700 $7,400 $22,100 $78
2021 $15,500 $7,400 $22,900 $160
2020 $14,300 $7,400 $21,700 $437
2019 $14,200 $7,400 $21,600 $436
2010 $9,000 $12,800 $21,800 $72
2009 $9,700 $12,700 $22,400 $70
2008 $9,800 $12,300 $22,100 $123

Property facts

Year built
1910
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
814 sqft
Lot size
6,098 sqft
ZIP code
47460
City
Spencer
Street
Franklin St
Coordinates
39.28628, -86.76909

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$342
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 601 Franklin St last sell?
601 Franklin St most recently sold on May 13, 2021 for $57,000.
What is the current tax assessment for 601 Franklin St?
The most recent total assessment for 601 Franklin St (year 2024) is $70,600 with $389 in property tax.
How does 601 Franklin St's assessment compare to its last sale price?
The current assessment is 23.9% above the last sale price of $57,000.
When was 601 Franklin St built?
601 Franklin St was built in 1910.
How does 601 Franklin St compare to others on Franklin St?
We track 8 other properties on Franklin St. Browse the list under "Other properties on Franklin St" to compare beds, baths, and sale history.
What are the property facts for 601 Franklin St?
601 Franklin St is a 2 bed, 1 bath, 814 sqft, 6,098 sqft lot single_family.
Is 601 Franklin St a flip candidate?
Yes — 601 Franklin St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 601 Franklin St a tax-appeal candidate?
No — 601 Franklin St 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

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