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1587 Freeman Rd

Spencer, IN 47460

3 bd 2 ba 1,568 sqft Built 2019 Lot 51,836 sqft single_family
Most recent sale
$238,009
Aug 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 31, 2022 Sold $238,009 Public Record
Jul 15, 2022 Listed $240,000 MLS #202229313
Feb 28, 2012 Listed $14,900 MLS #20120893
Jun 4, 2011 Listed $17,900 MLS #20112523
Nov 13, 2010 Listed $18,900 MLS #20104771
Apr 13, 2010 Listed $19,900 MLS #20101479
Aug 13, 2009 Listed $19,900 MLS #10058443

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $203,800 $26,900 $230,700 $1,643
2022 $164,300 $22,300 $186,600 $1,449
2021 $143,000 $22,300 $165,300 $1,380
2020 $134,400 $26,900 $161,300 $1,310
2019 $17,900 $17,900 $42
2018 $1,900 $1,900 $36
2017 $1,500 $1,500 $28
2016 $1,500 $1,500 $28
2015 $1,500 $1,500 $28
2014 $1,500 $1,500 $28
2013 $1,500 $1,500 $29
2012 $1,500 $1,500 $30
2011 $1,500 $1,500 $29
2010 $1,500 $1,500 $6
2009 $300 $300 $6
2008 $300 $300 $5

Property facts

Year built
2019
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,568 sqft
Lot size
51,836 sqft
ZIP code
47460
City
Spencer
Street
Freeman Rd
Coordinates
39.26239, -86.73923

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
$2,352
Gross rental yield
11.86%
Implied cap rate
7.71%
Trend-extrapolated value

Frequently asked questions

When did 1587 Freeman Rd last sell?
1587 Freeman Rd most recently sold on Aug 31, 2022 for $238,009.
What is the current tax assessment for 1587 Freeman Rd?
The most recent total assessment for 1587 Freeman Rd (year 2024) is $230,700 with $1,643 in property tax.
How does 1587 Freeman Rd's assessment compare to its last sale price?
The current assessment is 3.1% below the last sale price of $238,009.
When was 1587 Freeman Rd built?
1587 Freeman Rd was built in 2019.
How does 1587 Freeman Rd compare to others on Freeman Rd?
We track 8 other properties on Freeman Rd. Browse the list under "Other properties on Freeman Rd" to compare beds, baths, and sale history.
What are the property facts for 1587 Freeman Rd?
1587 Freeman Rd is a 3 bed, 2 bath, 1,568 sqft, 51,836 sqft lot single_family.
Is 1587 Freeman Rd a flip candidate?
No — 1587 Freeman Rd does not appear in our flips dataset.
Is 1587 Freeman Rd a tax-appeal candidate?
No — 1587 Freeman 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

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