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Rural ResidenceResidential
$563,212$132 / 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 90How 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

5331 E RISKS RIDGE RD

CANAAN, IN 47224
4
Beds
2
Baths
4,256 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.
146.62 ac
Lot SizeThe size of the land the home sits on, from county records.
1975
Year BuiltThe year the home was originally built, according to county records.
2
StoriesHow many floors the home has above ground.
10
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
3
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$563K
$506K low$620K high
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.$563,212
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$450,570

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$3,433 (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.$304,400 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$99,800
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$204,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$325,200
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$304,400

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.58
84
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
23
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
82
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.
15
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.89 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%

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
CountyJEFFERSON
Lot (acres)The size of the land the home sits on, from county records.146.62
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

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

E
Rykers' Ridge Elementary SchoolB+
Elementary · Grades PK–4 · 6.5 mi
H
Madison Consolidated High SchoolB-
High · Grades 9–12 · 8.8 mi
M
Madison Consolidated Jr High SchoolB-
Middle · Grades 5–8 · 8.9 mi

District: Madison Consolidated Schools

Neighborhood · ZIP 47224These 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.63
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.186
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.39

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.92%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.7.6%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.5%
PopulationHow many people live in this area.616
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.28 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$71,166
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$81,494
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.46 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

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.Yes

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

5331 E Risks Ridge 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 98% of homes in Canaan 47224
  • Costs less per square foot than 81% of homes in Jefferson County
  • Bigger than 98% of homes in Canaan 47224
  • Among the largest lots in Jefferson County

What homes are worth in Canaan 47224

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

This home
$108K$563K

This home is worth more than 98% of homes in Canaan 47224.

How it measures up in Canaan 47224

The dot is this home. The mark in the middle is the typical home in Canaan 47224.

Estimated value$563,212
CheaperTypical $248,480Pricier

Pricier than 98% of homes nearby

Price per ft²$132
CheaperTypical $146Pricier

Pricier than 40% of homes nearby

Living area4,256 ft²
SmallerTypical 1,624 ft²Bigger

Bigger than 98% of homes nearby

Lot size146.62 ac
SmallerTypical 8 acBigger

Bigger than 98% of homes nearby

Year built1975
OlderTypical 1990Newer

Newer than 38% of homes nearby

How 5331 E Risks Ridge Rd ranks against every home in each area.
MeasureThis homeCanaan 47224Jefferson County
Estimated valuepricier than$563,21298% of homes97% of homes
Price per ft²pricier than$13240% of homes19% of homes
Living areabigger than4,256 ft²98% of homes98% of homes
Lot sizebigger than146.62 ac98% of homesalmost all homes
Year builtnewer than197538% of homes55% of homes

About 5331 E Risks Ridge Rd

How much is 5331 E Risks Ridge Rd, Canaan, IN worth?

The TopHap Estimate for 5331 E Risks Ridge Rd, Canaan, IN is $563,212 as of Jul 14, 2026. The likely range is $505,941 to $620,483. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 5331 E Risks Ridge Rd, Canaan, IN last sell?

5331 E Risks Ridge Rd, Canaan, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 5331 E Risks Ridge Rd, Canaan, IN?

5331 E Risks Ridge Rd, Canaan, IN has 4 bedrooms, 2 bathrooms, 4,256 square feet of living space and a 146.62-acre lot.

When was 5331 E Risks Ridge Rd, Canaan, IN built?

5331 E Risks Ridge Rd, Canaan, IN was built in 1975, making it 51 years old. The building has 2 stories.

What schools serve 5331 E Risks Ridge Rd, Canaan, IN?

5331 E Risks Ridge Rd, Canaan, IN is assigned to Rykers' Ridge Elementary School (elementary), rated B+; Madison Consolidated High School (high), rated B-; Madison Consolidated Jr High School (middle), rated B-. All sit in Madison Consolidated Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5331 E Risks Ridge Rd, Canaan, IN compare to other homes in Canaan 47224?

Among the 257 homes in Canaan 47224, it is worth more than 98% of them ($563,212 against a typical $248,480), its price per square foot is higher than 40% of them ($132 against a typical $146), it is bigger than 98% of them (4,256 ft² against a typical 1,624 ft²), its lot is bigger than 98% of them (146.62 ac against a typical 8 ac) and it is newer than 38% of them (1975 against a typical 1990). Measured against all of Jefferson County, it is worth more than 97% 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 5331 E Risks Ridge Rd, Canaan, IN?

The 2025 property tax bill for 5331 E Risks Ridge Rd, Canaan, IN was $3,433. The county assessed it at $304,400.

Closest homes

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Assigned schools

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