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705 Morgan St

Spencer, IN 47460

3 bd 2 ba 1,496 sqft Built 1966 Lot 25,700 sqft single_family
Most recent sale
$325,000
Jan 12, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 27, 2024 Price changed $275,000 IRMLS
Jan 12, 2024 Sold $325,000 Public Record
Dec 26, 2023 Listed $285,000 IRMLS
May 5, 2016 Sold $140,000 Public Record
Apr 29, 2016 Listing removed $149,900 Bloomington
Apr 11, 2016 Listed $149,900 Bloomington

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $198,400 $38,600 $237,000 $4,740
2022 $105,300 $35,100 $140,400 $2,808
2021 $124,500 $35,100 $159,600 $1,235
2020 $114,900 $35,100 $150,000 $1,211
2019 $104,000 $35,100 $139,100 $1,187
2018 $96,300 $35,100 $131,400 $1,164
2017 $93,000 $60,600 $153,600 $1,374
2016 $92,000 $60,600 $152,600 $1,441
2015 $90,100 $60,600 $150,700 $2,354
2013 $89,100 $60,700 $149,800 $1,498
2012 $87,000 $60,700 $147,700 $1,873
2011 $90,000 $65,500 $155,500 $1,981
2010 $94,000 $65,500 $159,500 $2,094
2008 $102,000 $63,100 $165,100 $2,209

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,496 sqft
Lot size
25,700 sqft
ZIP code
47460
City
Spencer
Street
Morgan St
Coordinates
39.28747, -86.75363

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,244
Gross rental yield
8.29%
Implied cap rate
5.39%
Trend-extrapolated value

Frequently asked questions

When did 705 Morgan St last sell?
705 Morgan St most recently sold on Jan 12, 2024 for $325,000.
What is the current tax assessment for 705 Morgan St?
The most recent total assessment for 705 Morgan St (year 2024) is $237,000 with $4,740 in property tax.
How does 705 Morgan St's assessment compare to its last sale price?
The current assessment is 27.1% below the last sale price of $325,000.
When was 705 Morgan St built?
705 Morgan St was built in 1966.
How does 705 Morgan St compare to others on Morgan St?
We track 8 other properties on Morgan St. Browse the list under "Other properties on Morgan St" to compare beds, baths, and sale history.
What are the property facts for 705 Morgan St?
705 Morgan St is a 3 bed, 2 bath, 1,496 sqft, 25,700 sqft lot single_family.
Is 705 Morgan St a flip candidate?
No — 705 Morgan St does not appear in our flips dataset.
Is 705 Morgan St a tax-appeal candidate?
No — 705 Morgan 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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