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Rural ResidenceResidential
$219,244$254 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 94How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

10486 S 275 E

FLAT ROCK, IN 47234
2
Beds
1
Baths
864 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
42.18 ac
Lot SizeThe size of the land the home sits on, from county records.
1920
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$219K
$205K low$233K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,330 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$158,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$90,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$68,800
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$162,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$158,900

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.47
39
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
23
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
79
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
91
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
3
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.8 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Rural Residence
CountySHELBY
Lot (acres)The size of the land the home sits on, from county records.42.18
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 42 ft²

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Waldron Elementary SchoolA+
Elementary · Grades PK–5 · 6.3 mi
M
Waldron Jr-Sr High SchoolC+
Middle · Grades 6–12 · 6.4 mi

District: Shelby Eastern Schools

Neighborhood · ZIP 47234These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.89
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.110
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.35

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.10.0%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.1,326
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.39 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$79,995
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,637
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

10486 S 275 E measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Costs more per square foot than 98% of homes in Flat Rock 47234
  • Smaller than 94% of homes in Shelby County
  • Has a bigger lot than 98% of homes in Shelby County
  • Older than 83% of homes in Shelby County

What homes are worth in Flat Rock 47234

Each bar is how many homes fall in that price range. The marker is this home.

This home
$63K$520K

This home is worth more than 60% of homes in Flat Rock 47234.

How it measures up in Flat Rock 47234

The dot is this home. The mark in the middle is the typical home in Flat Rock 47234.

Estimated value$219,244
CheaperTypical $186,086Pricier

Pricier than 60% of homes nearby

Price per ft²$254
CheaperTypical $125Pricier

Pricier than 98% of homes nearby

Living area864 ft²
SmallerTypical 1,568 ft²Bigger

Bigger than 11% of homes nearby

Lot size42.18 ac
SmallerTypical 1.04 acBigger

Bigger than 97% of homes nearby

Year built1920
OlderTypical 1959Newer

Newer than 21% of homes nearby

How 10486 S 275 E ranks against every home in each area.
MeasureThis homeFlat Rock 47234Shelby County
Estimated valuepricier than$219,24460% of homes50% of homes
Price per ft²pricier than$25498% of homes98% of homes
Living areabigger than864 ft²11% of homes6% of homes
Lot sizebigger than42.18 ac97% of homes98% of homes
Year builtnewer than192021% of homes17% of homes

About 10486 S 275 E

How much is 10486 S 275 E, Flat Rock, IN worth?

The TopHap Estimate for 10486 S 275 E, Flat Rock, IN is $219,244 as of Jul 14, 2026. The likely range is $205,161 to $233,327. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 10486 S 275 E, Flat Rock, IN last sell?

10486 S 275 E, Flat Rock, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 10486 S 275 E, Flat Rock, IN?

10486 S 275 E, Flat Rock, IN has 2 bedrooms, 1 bathrooms, 864 square feet of living space and a 42.18-acre lot.

When was 10486 S 275 E, Flat Rock, IN built?

10486 S 275 E, Flat Rock, IN was built in 1920, making it 106 years old. The building has 1 story.

What schools serve 10486 S 275 E, Flat Rock, IN?

10486 S 275 E, Flat Rock, IN is assigned to Waldron Elementary School (elementary), rated A+; Waldron Jr-Sr High School (middle), rated C+. All sit in Shelby Eastern Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 10486 S 275 E, Flat Rock, IN compare to other homes in Flat Rock 47234?

Among the 679 homes in Flat Rock 47234, it is worth more than 60% of them ($219,244 against a typical $186,086), its price per square foot is higher than 98% of them ($254 against a typical $125), it is bigger than 11% of them (864 ft² against a typical 1,568 ft²), its lot is bigger than 97% of them (42.18 ac against a typical 1.04 ac) and it is newer than 21% of them (1920 against a typical 1959). Measured against all of Shelby County, it is worth more than 50% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 10486 S 275 E, Flat Rock, IN?

The 2025 property tax bill for 10486 S 275 E, Flat Rock, IN was $2,330. The county assessed it at $158,900.

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