5616 Patricksburg Rd
Spencer, IN 47460
3 bd 1 ba 2,240 sqft Built 1900 Lot 145,490 sqft multi_family
Most recent sale
$140,000
Aug 8, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 2, 2025 | Sold | $220,000 | Public Record |
| Mar 31, 2025 | Listed | $200,000 | IRMLS |
| Aug 8, 2022 | Sold | $140,000 | Public Record |
| Jun 21, 2022 | Price changed | $239,900 | MLS #202215136 |
| Apr 27, 2022 | Listed | $249,900 | MLS #202215136 |
| Oct 7, 2021 | Sold | $90,000 | Public Record |
| Oct 4, 2021 | Sold | $90,000 | IRMLS |
| Jul 1, 2021 | Sold | $70,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $203,600 | $46,700 | $250,300 | $1,779 |
| 2022 | $74,400 | $49,000 | $123,400 | $921 |
| 2021 | $47,700 | $49,000 | $96,700 | $579 |
| 2020 | $51,100 | $41,400 | $92,500 | $532 |
| 2019 | $51,400 | $34,700 | $86,100 | $471 |
| 2018 | $47,500 | $34,700 | $82,200 | $459 |
| 2017 | $54,400 | $34,700 | $89,100 | $448 |
| 2016 | $51,200 | $34,700 | $85,900 | $482 |
| 2015 | $50,800 | $34,700 | $85,500 | $464 |
| 2014 | $50,800 | $34,700 | $85,500 | $466 |
| 2013 | $48,100 | $34,700 | $82,800 | $455 |
| 2012 | $48,100 | $34,700 | $82,800 | $488 |
| 2011 | $41,700 | $36,100 | $77,800 | $449 |
| 2010 | $43,500 | $36,100 | $79,600 | $725 |
| 2009 | $48,200 | $36,100 | $84,300 | $699 |
| 2008 | $46,700 | $34,900 | $81,600 | $777 |
Property facts
Year built
1900
Property type
multi_family
Stories
1
Beds
3
Baths
1
Living area
2,240 sqft
Lot size
145,490 sqft
ZIP code
47460
City
Spencer
Street
Patricksburg Rd
Coordinates
39.28198, -86.87341
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$840
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
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Frequently asked questions
When did 5616 Patricksburg Rd last sell?
5616 Patricksburg Rd most recently sold on Aug 8, 2022 for $140,000.
What is the current tax assessment for 5616 Patricksburg Rd?
The most recent total assessment for 5616 Patricksburg Rd (year 2024) is $250,300 with $1,779 in property tax.
How does 5616 Patricksburg Rd's assessment compare to its last sale price?
The current assessment is 78.8% above the last sale price of $140,000.
When was 5616 Patricksburg Rd built?
5616 Patricksburg Rd was built in 1900.
How does 5616 Patricksburg Rd compare to others on Patricksburg Rd?
We track 8 other properties on Patricksburg Rd. Browse the list under "Other properties on Patricksburg Rd" to compare beds, baths, and sale history.
What are the property facts for 5616 Patricksburg Rd?
5616 Patricksburg Rd is a 3 bed, 1 bath, 2,240 sqft, 145,490 sqft lot multi_family.
Is 5616 Patricksburg Rd a flip candidate?
Yes — 5616 Patricksburg Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 5616 Patricksburg Rd a tax-appeal candidate?
No — 5616 Patricksburg Rd is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.4%
Implied 1-yr
-5.5%
2026 Q3
$243.8K
2026 Q4
$243.8K
ZIP 47460 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Patricksburg Rd