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Single Family ResidenceResidential
$269,565$142 / 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 95How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $115,000 on Sep 20, 2013

4978 E 1040 N

DEMOTTE, IN 46310
1.5
Baths
1,894 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.
0.35 ac
Lot SizeThe size of the land the home sits on, from county records.
1971
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
1
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$270K
$256K low$283K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$115,000 · Sep 20, 2013

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,497 (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.$219,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$25,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$193,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$192,100
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$219,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyNEWTON
Lot (acres)The size of the land the home sits on, from county records.0.34
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.No Foundation
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
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.Shed · 80 ft²

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

E
Lincoln Elementary SchoolB+
Elementary · Grades KG–6 · 0.6 mi
M
North Newton Jr./Sr. High SchoolC-
Middle · Grades 7–12 · 10.4 mi

District: North Newton School Corporation

Neighborhood · ZIP 46310These 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.71
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.124
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.33

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.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.17%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.8%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.12,801
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.199 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$80,027
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$91,241
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.39 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.60%

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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

4978 E 1040 N 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 69% of homes in Demotte 46310
  • Costs less per square foot than 87% of homes in Demotte 46310
  • Has a smaller lot than 83% of homes in Demotte 46310
  • Older than 81% of homes in Demotte 46310

What homes are worth in Demotte 46310

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

This home
$152K$677K

This home is worth more than 31% of homes in Demotte 46310.

How it measures up in Demotte 46310

The dot is this home. The mark in the middle is the typical home in Demotte 46310.

Estimated value$269,565
CheaperTypical $306,293Pricier

Pricier than 31% of homes nearby

Price per ft²$142
CheaperTypical $182Pricier

Pricier than 13% of homes nearby

Living area1,894 ft²
SmallerTypical 1,697 ft²Bigger

Bigger than 64% of homes nearby

Lot size0.35 ac
SmallerTypical 0.76 acBigger

Bigger than 17% of homes nearby

Year built1971
OlderTypical 1991Newer

Newer than 19% of homes nearby

How 4978 E 1040 N ranks against every home in each area.
MeasureThis homeDemotte 46310
Estimated valuepricier than$269,56531% of homes
Price per ft²pricier than$14213% of homes
Living areabigger than1,894 ft²64% of homes
Lot sizebigger than0.35 ac17% of homes
Year builtnewer than197119% of homes

About 4978 E 1040 N

How much is 4978 E 1040 N, Demotte, IN worth?

The TopHap Estimate for 4978 E 1040 N, Demotte, IN is $269,565 as of Sep 24, 2026. The likely range is $255,801 to $283,329. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4978 E 1040 N, Demotte, IN last sell?

4978 E 1040 N, Demotte, IN last sold on Sep 20, 2013 for $115,000, according to the county's recorded deed.

How big is 4978 E 1040 N, Demotte, IN?

4978 E 1040 N, Demotte, IN has 1.5 bathrooms, 1,894 square feet of living space and a 0.34-acre lot.

When was 4978 E 1040 N, Demotte, IN built?

4978 E 1040 N, Demotte, IN was built in 1971, making it 55 years old. The building has 2 stories.

What schools serve 4978 E 1040 N, Demotte, IN?

4978 E 1040 N, Demotte, IN is assigned to Lincoln Elementary School (elementary), rated B+; North Newton Jr./Sr. High School (middle), rated C-. All sit in North Newton School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4978 E 1040 N, Demotte, IN compare to other homes in Demotte 46310?

Among the 5,405 homes in Demotte 46310, it is worth more than 31% of them ($269,565 against a typical $306,293), its price per square foot is higher than 13% of them ($142 against a typical $182), it is bigger than 64% of them (1,894 ft² against a typical 1,697 ft²), its lot is bigger than 17% of them (0.35 ac against a typical 0.76 ac) and it is newer than 19% of them (1971 against a typical 1991). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4978 E 1040 N, Demotte, IN?

The 2025 property tax bill for 4978 E 1040 N, Demotte, IN was $1,497. The county assessed it at $219,300.

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