Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$83,332$69 / 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 80How 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

506 S MICHIGAN ST

ROCKVILLE, IN 47872
3
Beds
1.5
Baths
1,210 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.
0.15 ac
Lot SizeThe size of the land the home sits on, from county records.
1955
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
3
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$83K
$67K low$100K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$29 (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.$50,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$41,100
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$44,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$50,000

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.38
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
9
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
81
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
73
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
27
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPARKE
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.1956
Lot (acres)The size of the land the home sits on, from county records.0.15
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
PoolWhether the property has a pool, and what kind, such as in-ground.No

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

E
Rockville Elementary SchoolB
Elementary · Grades KG–5 · 0.5 mi
H
Parke Heritage High SchoolB-
High · Grades 9–12 · 0.7 mi
M
Parke Heritage Middle SchoolB
Middle · Grades 6–8 · 8.2 mi

District: North Central Parke Community School Corporation

Neighborhood · ZIP 47872These 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.94
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.101
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.54

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.81%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.11%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.16%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.1%
PopulationHow many people live in this area.8,472
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.48 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$59,981
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$76,504
Average tempThe average temperature here across a full year.52°F
Annual precipHow much rain and melted snow falls here in a typical year.43 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.55%

Owner Tools

Do you own this home?
Claim this home

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

506 S Michigan St 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 94% of homes in Rockville 47872
  • Costs less per square foot than 90% of homes in Rockville 47872
  • Smaller than 71% of homes in Rockville 47872
  • Has a smaller lot than 95% of homes in Rockville 47872
  • Older than 71% of homes in Rockville 47872

What homes are worth in Rockville 47872

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

This home
$57K$728K

This home is worth more than 6% of homes in Rockville 47872.

How it measures up in Rockville 47872

The dot is this home. The mark in the middle is the typical home in Rockville 47872.

Estimated value$83,332
CheaperTypical $232,901Pricier

Pricier than 6% of homes nearby

Price per ft²$69
CheaperTypical $150Pricier

Pricier than 10% of homes nearby

Living area1,210 ft²
SmallerTypical 1,544 ft²Bigger

Bigger than 29% of homes nearby

Lot size0.15 ac
SmallerTypical 0.78 acBigger

Bigger than 5% of homes nearby

Year built1955
OlderTypical 1975Newer

Newer than 29% of homes nearby

How 506 S Michigan St ranks against every home in each area.
MeasureThis homeRockville 47872Parke County
Estimated valuepricier than$83,3326% of homes11% of homes
Price per ft²pricier than$6910% of homes15% of homes
Living areabigger than1,210 ft²29% of homes29% of homes
Lot sizebigger than0.15 ac5% of homes7% of homes
Year builtnewer than195529% of homes35% of homes

About 506 S Michigan St

How much is 506 S Michigan St, Rockville, IN worth?

The TopHap Estimate for 506 S Michigan St, Rockville, IN is $83,332 as of Sep 24, 2026. The likely range is $66,718 to $99,946. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 506 S Michigan St, Rockville, IN last sell?

506 S Michigan St, Rockville, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 506 S Michigan St, Rockville, IN?

506 S Michigan St, Rockville, IN has 3 bedrooms, 1.5 bathrooms, 1,210 square feet of living space and a 0.15-acre lot.

When was 506 S Michigan St, Rockville, IN built?

506 S Michigan St, Rockville, IN was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 506 S Michigan St, Rockville, IN?

506 S Michigan St, Rockville, IN is assigned to Rockville Elementary School (elementary), rated B; Parke Heritage High School (high), rated B-; Parke Heritage Middle School (middle), rated B. All sit in North Central Parke Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 506 S Michigan St, Rockville, IN compare to other homes in Rockville 47872?

Among the 3,561 homes in Rockville 47872, it is worth more than 6% of them ($83,332 against a typical $232,901), its price per square foot is higher than 10% of them ($69 against a typical $150), it is bigger than 29% of them (1,210 ft² against a typical 1,544 ft²), its lot is bigger than 5% of them (0.15 ac against a typical 0.78 ac) and it is newer than 29% of them (1955 against a typical 1975). Measured against all of Parke County, it is worth more than 11% 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 506 S Michigan St, Rockville, IN?

The 2025 property tax bill for 506 S Michigan St, Rockville, IN was $29. The county assessed it at $50,000.

More homes on S Michigan St

Closest homes

More homes in Rockville 47872

Assigned schools

Explore the area

See this home in context

Open 506 S Michigan St on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map