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Rural ResidenceResidential
$182,299$206 / 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 93How 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

18538 BULL RAPIDS RD

SPENCERVILLE, IN 46788
2
Beds
0
Baths
884 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.
96.25 ac
Lot SizeThe size of the land the home sits on, from county records.
1947
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$182K
$170K low$195K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$5,160 (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.$314,200 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$183,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$130,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$314,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$314,200

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.32 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

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
CountyAllen
Lot (acres)The size of the land the home sits on, from county records.96.25
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.Gravity

Transaction History(1)

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.

M
Woodlan Jr/Sr High SchoolC+
Middle · Grades 7–12 · 9.4 mi
E
Woodlan Elementary SchoolC+
Elementary · Grades KG–6 · 9.4 mi

District: East Allen County Schools

Neighborhood · ZIP 46788These 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.51
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.89
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.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.24%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.5.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.4%
PopulationHow many people live in this area.3,850
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.105 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$100,017
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$127,090
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.36 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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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

18538 Bull Rapids Rd 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.

  • Worth less than 88% of homes in Spencerville 46788
  • Costs more per square foot than 90% of homes in Allen County
  • Smaller than 97% of homes in Spencerville 46788
  • Has a bigger lot than 98% of homes in Allen County
  • Older than 87% of homes in Spencerville 46788

What homes are worth in Spencerville 46788

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

This home
$98K$913K

This home is worth more than 12% of homes in Spencerville 46788.

How it measures up in Spencerville 46788

The dot is this home. The mark in the middle is the typical home in Spencerville 46788.

Estimated value$182,299
CheaperTypical $403,255Pricier

Pricier than 12% of homes nearby

Price per ft²$206
CheaperTypical $192Pricier

Pricier than 56% of homes nearby

Living area884 ft²
SmallerTypical 2,048 ft²Bigger

Bigger than 3% of homes nearby

Lot size96.25 ac
SmallerTypical 4 acBigger

Bigger than 92% of homes nearby

Year built1947
OlderTypical 1989Newer

Newer than 13% of homes nearby

How 18538 Bull Rapids Rd ranks against every home in each area.
MeasureThis homeSpencerville 46788Allen County
Estimated valuepricier than$182,29912% of homes28% of homes
Price per ft²pricier than$20656% of homes90% of homes
Living areabigger than884 ft²3% of homes4% of homes
Lot sizebigger than96.25 ac92% of homes98% of homes
Year builtnewer than194713% of homes21% of homes

About 18538 Bull Rapids Rd

How much is 18538 Bull Rapids Rd, Spencerville, IN worth?

The TopHap Estimate for 18538 Bull Rapids Rd, Spencerville, IN is $182,299 as of Jul 14, 2026. The likely range is $170,027 to $194,571. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 18538 Bull Rapids Rd, Spencerville, IN last sell?

18538 Bull Rapids Rd, Spencerville, IN last sold on Jul 8, 2008, according to the county's recorded deed.

How big is 18538 Bull Rapids Rd, Spencerville, IN?

18538 Bull Rapids Rd, Spencerville, IN has 2 bedrooms, 884 square feet of living space and a 96.25-acre lot.

When was 18538 Bull Rapids Rd, Spencerville, IN built?

18538 Bull Rapids Rd, Spencerville, IN was built in 1947, making it 79 years old. The building has 1 story.

What schools serve 18538 Bull Rapids Rd, Spencerville, IN?

18538 Bull Rapids Rd, Spencerville, IN is assigned to Woodlan Jr/Sr High School (middle), rated C+; Woodlan Elementary School (elementary), rated C+. All sit in East Allen County Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 18538 Bull Rapids Rd, Spencerville, IN compare to other homes in Spencerville 46788?

Among the 1,203 homes in Spencerville 46788, it is worth more than 12% of them ($182,299 against a typical $403,255), its price per square foot is higher than 56% of them ($206 against a typical $192), it is bigger than 3% of them (884 ft² against a typical 2,048 ft²), its lot is bigger than 92% of them (96.25 ac against a typical 4 ac) and it is newer than 13% of them (1947 against a typical 1989). Measured against all of Allen County, it is worth more than 28% 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 18538 Bull Rapids Rd, Spencerville, IN?

The 2025 property tax bill for 18538 Bull Rapids Rd, Spencerville, IN was $5,160. The county assessed it at $314,200.

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