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Rural ResidenceResidential
$393,355$216 / 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 92How 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
Last sold for $457,900 on Sep 25, 2025

1971 RIVER RD

SPENCER, IN 47460
3
Beds
2
Baths
1,824 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.
6.5 ac
Lot SizeThe size of the land the home sits on, from county records.
1978
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$393K
$363K low$423K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$457,900 · Sep 25, 2025
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$393,355
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$314,684

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,784 (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.$271,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$31,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$239,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$240,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$271,400

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.51
58
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
14
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
74
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
94
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
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.63 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
CountyOWEN
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1990
Lot (acres)The size of the land the home sits on, from county records.6.50
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
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.Yes
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 80 ft²

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.

E
McCormick's Creek Elementary SchoolA-
Elementary · Grades PK–6 · 1.9 mi
H
Owen Valley Community High SchoolC-
High · Grades 9–12 · 2.6 mi
M
Owen Valley Middle SchoolB+
Middle · Grades 7–8 · 2.7 mi

District: Spencer-Owen Community Schools

Neighborhood · ZIP 47460These 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.119
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.119
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.69

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.91%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.13%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.8.5%
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.11,799
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.79 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$63,094
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,779
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

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

1971 River 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 more than 88% of homes in Spencer 47460
  • Costs more per square foot than 84% of homes in Spencer 47460
  • Bigger than 75% of homes in Owen County
  • Has a bigger lot than 74% of homes in Spencer 47460

What homes are worth in Spencer 47460

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

This home
$58K$582K

This home is worth more than 88% of homes in Spencer 47460.

How it measures up in Spencer 47460

The dot is this home. The mark in the middle is the typical home in Spencer 47460.

Estimated value$393,355
CheaperTypical $240,093Pricier

Pricier than 88% of homes nearby

Price per ft²$216
CheaperTypical $160Pricier

Pricier than 84% of homes nearby

Living area1,824 ft²
SmallerTypical 1,440 ft²Bigger

Bigger than 72% of homes nearby

Lot size6.5 ac
SmallerTypical 2.25 acBigger

Bigger than 74% of homes nearby

Year built1978
OlderTypical 1986Newer

Newer than 41% of homes nearby

How 1971 River Rd ranks against every home in each area.
MeasureThis homeSpencer 47460Owen County
Estimated valuepricier than$393,35588% of homes88% of homes
Price per ft²pricier than$21684% of homes83% of homes
Living areabigger than1,824 ft²72% of homes75% of homes
Lot sizebigger than6.5 ac74% of homes71% of homes
Year builtnewer than197841% of homes41% of homes

About 1971 River Rd

How much is 1971 River Rd, Spencer, IN worth?

The TopHap Estimate for 1971 River Rd, Spencer, IN is $393,355 as of Jul 14, 2026. The likely range is $363,330 to $423,380. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1971 River Rd, Spencer, IN last sell?

1971 River Rd, Spencer, IN last sold on Sep 25, 2025 for $457,900, according to the county's recorded deed.

How big is 1971 River Rd, Spencer, IN?

1971 River Rd, Spencer, IN has 3 bedrooms, 2 bathrooms, 1,824 square feet of living space and a 6.50-acre lot.

When was 1971 River Rd, Spencer, IN built?

1971 River Rd, Spencer, IN was built in 1978, making it 48 years old. The building has 1 story.

What schools serve 1971 River Rd, Spencer, IN?

1971 River Rd, Spencer, IN is assigned to McCormick's Creek Elementary School (elementary), rated A-; Owen Valley Community High School (high), rated C-; Owen Valley Middle School (middle), rated B+. All sit in Spencer-Owen Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1971 River Rd, Spencer, IN compare to other homes in Spencer 47460?

Among the 4,885 homes in Spencer 47460, it is worth more than 88% of them ($393,355 against a typical $240,093), its price per square foot is higher than 84% of them ($216 against a typical $160), it is bigger than 72% of them (1,824 ft² against a typical 1,440 ft²), its lot is bigger than 74% of them (6.5 ac against a typical 2.25 ac) and it is newer than 41% of them (1978 against a typical 1986). Measured against all of Owen County, it is worth more than 88% 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 1971 River Rd, Spencer, IN?

The 2025 property tax bill for 1971 River Rd, Spencer, IN was $1,784. The county assessed it at $271,400.

Closest homes

More homes in Spencer 47460

Assigned schools

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