206 Mercer St
Spiceland, IN 47385
2 bd 2 ba 1,624 sqft Built 1977 Lot 28,706 sqft single_family
Most recent sale
$23,030
Aug 9, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 9, 2022 | Sold | $23,030 | Public Record |
| Aug 4, 2022 | Sold | $235,000 | IRMLS |
| May 31, 2022 | Relisted | $229,900 | MLS #202216606 |
| May 10, 2022 | Listing removed | $229,900 | IRMLS |
| May 5, 2022 | Listed | $229,900 | MLS #202216606 |
| Sep 2, 2009 | Listing removed | $119,500 | MIBOR |
| Jul 20, 2009 | Listed | $119,500 | MLS #2936214 |
| Jul 14, 2009 | Listing removed | $119,500 | Muncie |
| Jun 15, 2009 | Listed | $119,500 | MLS #38413 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $179,400 | $33,300 | $212,700 | $1,022 |
| 2022 | $130,000 | $24,700 | $154,700 | $691 |
| 2021 | $109,400 | $24,700 | $134,100 | $435 |
| 2020 | $106,300 | $24,700 | $131,000 | $467 |
| 2019 | $102,400 | $24,700 | $127,100 | $410 |
| 2018 | $101,400 | $24,700 | $126,100 | $611 |
| 2017 | $104,300 | $24,700 | $129,000 | $610 |
| 2016 | $103,300 | $24,500 | $127,800 | $563 |
| 2015 | $99,900 | $24,500 | $124,400 | $500 |
| 2014 | $102,100 | $24,500 | $126,600 | $529 |
| 2013 | $97,300 | $24,500 | $121,800 | $523 |
| 2012 | $100,600 | $24,500 | $125,100 | $526 |
| 2011 | $102,300 | $24,500 | $126,800 | $605 |
| 2010 | $103,800 | $24,700 | $128,500 | $591 |
| 2009 | $103,800 | $24,700 | $128,500 | $908 |
| 2008 | $102,700 | $18,900 | $121,600 | $641 |
Property facts
Year built
1977
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,624 sqft
Lot size
28,706 sqft
ZIP code
47385
City
Spiceland
Street
Mercer St
Coordinates
39.83150, -85.43655
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$138
Gross rental yield
7.19%
Implied cap rate
4.67%
Trend-extrapolated value
—
Frequently asked questions
When did 206 Mercer St last sell?
206 Mercer St most recently sold on Aug 9, 2022 for $23,030.
What is the current tax assessment for 206 Mercer St?
The most recent total assessment for 206 Mercer St (year 2024) is $212,700 with $1,022 in property tax.
How does 206 Mercer St's assessment compare to its last sale price?
The current assessment is 823.6% above the last sale price of $23,030.
When was 206 Mercer St built?
206 Mercer St was built in 1977.
How does 206 Mercer St compare to others on Mercer St?
We track 2 other properties on Mercer St. Browse the list under "Other properties on Mercer St" to compare beds, baths, and sale history.
What are the property facts for 206 Mercer St?
206 Mercer St is a 2 bed, 2 bath, 1,624 sqft, 28,706 sqft lot single_family.
Is 206 Mercer St a flip candidate?
No — 206 Mercer St does not appear in our flips dataset.
Is 206 Mercer St a tax-appeal candidate?
Yes — 206 Mercer St 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 valuationQuarterly trend
+7.7%
Implied 1-yr
+30.7%
2026 Q2
$391.2K
2026 Q3
$411.2K
ZIP 47385 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Mercer St