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Single Family ResidenceResidential
$139,469$76 / 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 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Aug 30, 2026

507 W MONROE ST

ALEXANDRIA, IN 46001
3
Beds
1
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.
0.12 ac
Lot SizeThe size of the land the home sits on, from county records.
1899
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.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$139K
$124K low$155K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$938 (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.$94,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$8,100
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$86,400
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$86,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$94,500

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.48
36
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
6
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
72
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
88
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
42
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.9 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.Single Family Residence
CountyMADISON
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.1950
Lot (acres)The size of the land the home sits on, from county records.0.12
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
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
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.Patio · 153 ft²Porch · 24 ft²

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

E
Alexandria Monroe Academy and Central Office
Elementary · Grades 7–12 · 0.1 mi
M
Alexandria-Monroe High SchoolC-
Middle · Grades 7–12 · 1.1 mi

District: Alexandria Community School Corporation

Neighborhood · ZIP 46001These 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.99
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.141
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.90%
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.8.0%
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.11,721
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.157 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$66,287
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$84,775
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.40 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

507 W Monroe 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.

  • Costs less per square foot than 80% of homes in Madison County
  • Bigger than 68% of homes in Alexandria 46001
  • Has a smaller lot than 90% of homes in Madison County
  • Older than 90% of homes in Madison County

What homes are worth in Alexandria 46001

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

This home
$50K$469K

This home is worth more than 36% of homes in Alexandria 46001.

How it measures up in Alexandria 46001

The dot is this home. The mark in the middle is the typical home in Alexandria 46001.

Estimated value$139,469
CheaperTypical $166,268Pricier

Pricier than 36% of homes nearby

Price per ft²$76
CheaperTypical $108Pricier

Pricier than 22% of homes nearby

Living area1,824 ft²
SmallerTypical 1,531 ft²Bigger

Bigger than 68% of homes nearby

Lot size0.12 ac
SmallerTypical 0.34 acBigger

Bigger than 14% of homes nearby

Year built1899
OlderTypical 1962Newer

Newer than 17% of homes nearby

How 507 W Monroe St ranks against every home in each area.
MeasureThis homeAlexandria 46001Madison County
Estimated valuepricier than$139,46936% of homes37% of homes
Price per ft²pricier than$7622% of homes20% of homes
Living areabigger than1,824 ft²68% of homes68% of homes
Lot sizebigger than0.12 ac14% of homes10% of homes
Year builtnewer than189917% of homes10% of homes

About 507 W Monroe St

How much is 507 W Monroe St, Alexandria, IN worth?

The TopHap Estimate for 507 W Monroe St, Alexandria, IN is $139,469 as of Aug 30, 2026. The likely range is $123,868 to $155,070. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 507 W Monroe St, Alexandria, IN last sell?

507 W Monroe St, Alexandria, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 507 W Monroe St, Alexandria, IN?

507 W Monroe St, Alexandria, IN has 3 bedrooms, 1 bathrooms, 1,824 square feet of living space and a 0.12-acre lot.

When was 507 W Monroe St, Alexandria, IN built?

507 W Monroe St, Alexandria, IN was built in 1899, making it 127 years old. The building has 1 story.

What schools serve 507 W Monroe St, Alexandria, IN?

507 W Monroe St, Alexandria, IN is assigned to Alexandria Monroe Academy and Central Office (elementary); Alexandria-Monroe High School (middle), rated C-. All sit in Alexandria Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 507 W Monroe St, Alexandria, IN compare to other homes in Alexandria 46001?

Among the 4,700 homes in Alexandria 46001, it is worth more than 36% of them ($139,469 against a typical $166,268), its price per square foot is higher than 22% of them ($76 against a typical $108), it is bigger than 68% of them (1,824 ft² against a typical 1,531 ft²), its lot is bigger than 14% of them (0.12 ac against a typical 0.34 ac) and it is newer than 17% of them (1899 against a typical 1962). Measured against all of Madison County, it is worth more than 37% 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 507 W Monroe St, Alexandria, IN?

The 2025 property tax bill for 507 W Monroe St, Alexandria, IN was $938. The county assessed it at $94,500.

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