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725 Thornridge Way

Spencer, IN 47460

3 bd 3 ba 3,019 sqft Built 2004 Lot 18,731 sqft single_family
Most recent sale
$167,307
Dec 6, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 15, 2023 Listed $375,000 IRMLS
Dec 5, 2023 Listing removed $375,000 IRMLS
Nov 20, 2023 Price changed $375,000 IRMLS
Oct 8, 2023 Price changed $385,000 IRMLS
Aug 24, 2023 Price changed $389,000 IRMLS
Jul 5, 2023 Price changed $399,000 IRMLS
Jun 13, 2023 Price changed $429,000 IRMLS
Apr 24, 2023 Listed $450,000 IRMLS
Dec 6, 2022 Sold $167,307 IRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $263,700 $34,400 $298,100 $2,981
2022 $216,900 $34,400 $251,300 $2,513
2021 $197,100 $34,400 $231,500 $2,315
2020 $184,500 $34,400 $218,900 $2,189
2019 $167,900 $22,000 $189,900 $1,899
2018 $157,700 $22,000 $179,700 $1,797
2017 $144,500 $22,000 $166,500 $2,084
2016 $142,300 $22,000 $164,300 $1,665
2015 $142,200 $22,000 $164,200 $1,858
2013 $142,200 $22,000 $164,200 $1,642
2012 $139,200 $22,000 $161,200 $1,611
2011 $138,100 $18,000 $156,100 $1,560
2010 $144,100 $18,000 $162,100 $1,725
2008 $156,100 $17,300 $173,400 $1,930

Property facts

Year built
2004
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
3,019 sqft
Lot size
18,731 sqft
ZIP code
47460
City
Spencer
Street
Thornridge Way
Coordinates
39.27662, -86.78253

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,004
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 725 Thornridge Way last sell?
725 Thornridge Way most recently sold on Dec 6, 2022 for $167,307.
What is the current tax assessment for 725 Thornridge Way?
The most recent total assessment for 725 Thornridge Way (year 2024) is $298,100 with $2,981 in property tax.
How does 725 Thornridge Way's assessment compare to its last sale price?
The current assessment is 78.2% above the last sale price of $167,307.
When was 725 Thornridge Way built?
725 Thornridge Way was built in 2004.
How does 725 Thornridge Way compare to others on Thornridge Way?
We track 8 other properties on Thornridge Way. Browse the list under "Other properties on Thornridge Way" to compare beds, baths, and sale history.
What are the property facts for 725 Thornridge Way?
725 Thornridge Way is a 3 bed, 3 bath, 3,019 sqft, 18,731 sqft lot single_family.
Is 725 Thornridge Way a flip candidate?
No — 725 Thornridge Way does not appear in our flips dataset.
Is 725 Thornridge Way a tax-appeal candidate?
Yes — 725 Thornridge Way appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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