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209 Main St

Spencer, IN 47460

3 bd 2 ba 1,470 sqft Built 1983 Lot 1,307 sqft townhomes
Most recent sale
$193,125
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $193,125 Public Record
May 3, 2022 Sold $199,500 IRMLS
Mar 22, 2022 Listed $199,500 MLS #21844276

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $188,900 $2,100 $191,000 $1,686
2022 $145,900 $2,100 $148,000 $1,260
2021 $137,800 $2,100 $139,900 $1,179
2020 $128,200 $2,100 $130,300 $1,022
2019 $117,100 $2,100 $119,200 $2,384
2018 $112,300 $2,100 $114,400 $784
2017 $100,900 $2,900 $103,800 $592
2016 $101,000 $2,900 $103,900 $570
2015 $98,100 $2,900 $101,000 $544
2014 $97,800 $2,900 $100,700 $522
2013 $99,000 $2,900 $101,900 $541
2012 $83,800 $2,900 $86,700 $674
2011 $83,100 $2,600 $85,700 $610
2010 $86,900 $2,600 $89,500 $841
2009 $98,000 $2,600 $100,600 $826
2008 $99,000 $2,500 $101,500 $823

Property facts

Year built
1983
Property type
townhomes
Stories
Beds
3
Baths
2
Living area
1,470 sqft
Lot size
1,307 sqft
ZIP code
47460
City
Spencer
Street
Main St
Coordinates
39.28381, -86.76274

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
$2,205
Gross rental yield
13.70%
Implied cap rate
8.91%
Trend-extrapolated value

Frequently asked questions

When did 209 Main St last sell?
209 Main St most recently sold on May 4, 2022 for $193,125.
What is the current tax assessment for 209 Main St?
The most recent total assessment for 209 Main St (year 2024) is $191,000 with $1,686 in property tax.
How does 209 Main St's assessment compare to its last sale price?
The current assessment is 1.1% below the last sale price of $193,125.
When was 209 Main St built?
209 Main St was built in 1983.
How does 209 Main St compare to others on Main St?
We track 8 other properties on Main St. Browse the list under "Other properties on Main St" to compare beds, baths, and sale history.
What are the property facts for 209 Main St?
209 Main St is a 3 bed, 2 bath, 1,470 sqft, 1,307 sqft lot townhomes.
Is 209 Main St a flip candidate?
No — 209 Main St does not appear in our flips dataset.
Is 209 Main St a tax-appeal candidate?
No — 209 Main 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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