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Miscellaneous (Residential)Residential

5401 MARKET ST

FREEDOM, IN 47431
0
Baths
1 ac
Lot SizeThe size of the land the home sits on, from county records.
1970
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
5
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
4
ParkingThe number of parking spaces on the property, including the garage.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$361 (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.$28,900 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$16,000
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$12,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$31,000
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$28,900

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
90
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
16
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
75
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
92
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
19
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.197 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.51%
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.1 percent flood zone

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Miscellaneous (Residential)
StyleThe architectural style of the home, such as ranch or colonial.Mobile Home
CountyOWEN
Lot (acres)The size of the land the home sits on, from county records.1.00
ConstructionThe main material the home's frame and walls are built from.Wood (Unspecified)
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.Shed · 396 ft²

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

M
Owen Valley Middle SchoolB-
Middle · Grades 7–8 · 7.3 mi
H
Owen Valley Community High School
High · Grades 9–12 · 7.3 mi
E
Spencer Elementary SchoolC-
Elementary · Grades PK–6 · 8.1 mi

District: Spencer-Owen Community Schools

Neighborhood · ZIP 47431These 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.140
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.119
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.71

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.87%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.12%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.7.7%
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.1,146
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.35 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$64,465
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$94,933
Average tempThe average temperature here across a full year.53°F
Annual precipHow much rain and melted snow falls here in a typical year.45 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

5401 Market 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.

  • Has a smaller lot than 87% of homes in Freedom 47431
  • Older than 78% of homes in Freedom 47431

How it measures up in Freedom 47431

The dot is this home. The mark in the middle is the typical home in Freedom 47431.

Lot size1 ac
SmallerTypical 7.69 acBigger

Bigger than 13% of homes nearby

Year built1970
OlderTypical 1992Newer

Newer than 22% of homes nearby

How 5401 Market St ranks against every home in each area.
MeasureThis homeFreedom 47431Owen County
Lot sizebigger than1 ac13% of homes34% of homes
Year builtnewer than197022% of homes33% of homes

About 5401 Market St

When did 5401 Market St, Freedom, IN last sell?

5401 Market St, Freedom, IN last sold on Jan 1, 1900, according to the county's recorded deed.

When was 5401 Market St, Freedom, IN built?

5401 Market St, Freedom, IN was built in 1970, making it 56 years old. It is a mobile home home. The building has 1 story.

What schools serve 5401 Market St, Freedom, IN?

5401 Market St, Freedom, IN is assigned to Owen Valley Middle School (middle), rated B-; Owen Valley Community High School (high); Spencer Elementary School (elementary), rated C-. All sit in Spencer-Owen Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 5401 Market St, Freedom, IN compare to other homes in Freedom 47431?

Among the 670 homes in Freedom 47431, its lot is bigger than 13% of them (1 ac against a typical 7.69 ac) and it is newer than 22% of them (1970 against a typical 1992). These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 5401 Market St, Freedom, IN?

The 2025 property tax bill for 5401 Market St, Freedom, IN was $361. The county assessed it at $28,900.

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