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Single Family ResidenceResidential
$142,610$144 / 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 Sep 24, 2026

540 COMMERCIAL ST

MEMPHIS, IN 47143
2
Beds
1
Baths
988 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.
0.34 ac
Lot SizeThe size of the land the home sits on, from county records.
2007
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.

Valuation

$143K
$126K low$159K high

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,388 (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.$132,300 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$35,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$97,300
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$130,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$132,300

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyCLARK
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)
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
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Shed · 48 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
Henryville Elementary SchoolD+
Elementary · Grades KG–6 · 4.3 mi
M
Henryville Junior/Senior High SchoolB-
Middle · Grades 7–12 · 4.3 mi

District: Borden-Henryville School Corp

Neighborhood · ZIP 47143These 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.43
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.106
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.48

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.97%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.3.8%
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.5,574
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.245 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$106,762
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$118,727
Average tempThe average temperature here across a full year.56°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%

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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

540 Commercial 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 96% of homes in Memphis 47143
  • Costs less per square foot than 80% of homes in Memphis 47143
  • Smaller than 94% of homes in Memphis 47143
  • Has a smaller lot than 67% of homes in Memphis 47143
  • Newer than 80% of homes in Clark County

What homes are worth in Memphis 47143

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

This home
$109K$551K

This home is worth more than 4% of homes in Memphis 47143.

How it measures up in Memphis 47143

The dot is this home. The mark in the middle is the typical home in Memphis 47143.

Estimated value$142,610
CheaperTypical $295,252Pricier

Pricier than 4% of homes nearby

Price per ft²$144
CheaperTypical $181Pricier

Pricier than 20% of homes nearby

Living area988 ft²
SmallerTypical 1,606 ft²Bigger

Bigger than 6% of homes nearby

Lot size0.34 ac
SmallerTypical 0.92 acBigger

Bigger than 33% of homes nearby

Year built2007
OlderTypical 2003Newer

Newer than 65% of homes nearby

How 540 Commercial St ranks against every home in each area.
MeasureThis homeMemphis 47143Clark County
Estimated valuepricier than$142,6104% of homes7% of homes
Price per ft²pricier than$14420% of homes25% of homes
Living areabigger than988 ft²6% of homes11% of homes
Lot sizebigger than0.34 ac33% of homes65% of homes
Year builtnewer than200765% of homes80% of homes

About 540 Commercial St

How much is 540 Commercial St, Memphis, IN worth?

The TopHap Estimate for 540 Commercial St, Memphis, IN is $142,610 as of Sep 24, 2026. The likely range is $126,268 to $158,952. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 540 Commercial St, Memphis, IN last sell?

540 Commercial St, Memphis, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 540 Commercial St, Memphis, IN?

540 Commercial St, Memphis, IN has 2 bedrooms, 1 bathrooms, 988 square feet of living space and a 0.34-acre lot.

When was 540 Commercial St, Memphis, IN built?

540 Commercial St, Memphis, IN was built in 2007, making it 19 years old. The building has 1 story.

What schools serve 540 Commercial St, Memphis, IN?

540 Commercial St, Memphis, IN is assigned to Henryville Elementary School (elementary), rated D+; Henryville Junior/Senior High School (middle), rated B-. All sit in Borden-Henryville School Corp. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 540 Commercial St, Memphis, IN compare to other homes in Memphis 47143?

Among the 1,738 homes in Memphis 47143, it is worth more than 4% of them ($142,610 against a typical $295,252), its price per square foot is higher than 20% of them ($144 against a typical $181), it is bigger than 6% of them (988 ft² against a typical 1,606 ft²), its lot is bigger than 33% of them (0.34 ac against a typical 0.92 ac) and it is newer than 65% of them (2007 against a typical 2003). Measured against all of Clark County, it is worth more than 7% 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 540 Commercial St, Memphis, IN?

The 2025 property tax bill for 540 Commercial St, Memphis, IN was $1,388. The county assessed it at $132,300.

More homes on Commercial St

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Assigned schools

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