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407 Main St

Spencerville, OH 45887

2 bd 1 ba 944 sqft Built 1920 Lot 5,663 sqft single_family
Most recent sale
$1,260,000
Dec 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2024 Listed $55,000 WRIST
Dec 28, 2022 Sold $1,260,000 Public Record
Nov 21, 2014 Sold $105,000 Public Record
Nov 10, 2014 Listing removed $13,000 WestCentralOH
Nov 3, 2014 Listed $13,000 WestCentralOH

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $12,600 $3,920 $16,520 $565
2023 $10,330 $3,220 $13,550 $499
2022 $10,330 $3,220 $13,550 $510
2021 $10,330 $3,220 $13,550 $491
2020 $8,930 $3,050 $11,980 $454
2018 $8,930 $3,050 $11,980 $458
2017 $7,210 $3,050 $10,260 $386
2016 $7,210 $3,050 $10,260 $379
2015 $7,210 $3,045 $10,255 $381
2014 $7,945 $3,185 $11,130 $85
2013 $7,945 $3,185 $11,130 $91
2012 $7,945 $3,185 $11,130 $113
2011 $8,470 $3,395 $11,865 $114
2010 $8,470 $3,395 $11,865 $115
2009 $8,470 $3,395 $11,865 $114
2008 $10,955 $2,660 $13,615 $171
2007 $10,955 $2,660 $13,615 $175

Property facts

Year built
1920
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
944 sqft
Lot size
5,663 sqft
ZIP code
45887
City
Spencerville
Street
Main St
Coordinates
40.71220, -84.35433

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$7,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 407 Main St last sell?
407 Main St most recently sold on Dec 28, 2022 for $1,260,000.
What is the current tax assessment for 407 Main St?
The most recent total assessment for 407 Main St (year 2025) is $16,520 with $565 in property tax.
How does 407 Main St's assessment compare to its last sale price?
The current assessment is 98.7% below the last sale price of $1,260,000.
When was 407 Main St built?
407 Main St was built in 1920.
How does 407 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 407 Main St?
407 Main St is a 2 bed, 1 bath, 944 sqft, 5,663 sqft lot single_family.
Is 407 Main St a flip candidate?
No — 407 Main St does not appear in our flips dataset.
Is 407 Main St a tax-appeal candidate?
No — 407 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
+6.8%
Implied 1-yr
+27.3%
2025 Q4
$315.1K
2026 Q1
$330K
ZIP 45887 — Median Price History + Forecast

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