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Single Family ResidenceResidential
$241,983$177 / 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 94How 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
Last sold for $197,000 on Jul 11, 2023

7375 STATE ROAD 550

SHOALS, IN 47581
3
Beds
1
Baths
1,368 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.
2.17 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.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$242K
$226K low$258K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$197,000 · Jul 11, 2023

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,032 (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.$184,000 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$18,300
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$165,700
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$168,500
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$184,000

Climate Risk

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
CountyMARTIN
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.1980
Lot (acres)The size of the land the home sits on, from county records.2.17
ConstructionThe main material the home's frame and walls are built from.Stone
RoofThe main material covering the roof, such as asphalt shingle or tile.Metal
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

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.

H
Shoals Community High School
High · Grades 9–12 · 2.5 mi
M
Shoals Middle SchoolC
Middle · Grades 6–8 · 2.5 mi
E
Shoals Community Elementary SchoolD+
Elementary · Grades PK–5 · 2.6 mi

District: Shoals Community School Corporation

Neighborhood · ZIP 47581These 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.122
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.134
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.82

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.8.4%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.3,540
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.21 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$69,103
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$79,987
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.47 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

7375 State Road 550 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 79% of homes in Shoals 47581
  • Costs more per square foot than 79% of homes in Shoals 47581
  • Older than 74% of homes in Shoals 47581

What homes are worth in Shoals 47581

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

This home
$37K$458K

This home is worth more than 79% of homes in Shoals 47581.

How it measures up in Shoals 47581

The dot is this home. The mark in the middle is the typical home in Shoals 47581.

Estimated value$241,983
CheaperTypical $150,706Pricier

Pricier than 79% of homes nearby

Price per ft²$177
CheaperTypical $114Pricier

Pricier than 79% of homes nearby

Living area1,368 ft²
SmallerTypical 1,340 ft²Bigger

Bigger than 53% of homes nearby

Lot size2.17 ac
SmallerTypical 2.3 acBigger

Bigger than 49% of homes nearby

Year built1955
OlderTypical 1981Newer

Newer than 26% of homes nearby

How 7375 State Road 550 ranks against every home in each area.
MeasureThis homeShoals 47581Martin County
Estimated valuepricier than$241,98379% of homes72% of homes
Price per ft²pricier than$17779% of homes77% of homes
Living areabigger than1,368 ft²53% of homes49% of homes
Lot sizebigger than2.17 ac49% of homes62% of homes
Year builtnewer than195526% of homes28% of homes

About 7375 State Road 550

How much is 7375 State Road 550, Shoals, IN worth?

The TopHap Estimate for 7375 State Road 550, Shoals, IN is $241,983 as of Sep 24, 2026. The likely range is $226,322 to $257,644. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7375 State Road 550, Shoals, IN last sell?

7375 State Road 550, Shoals, IN last sold on Jul 11, 2023 for $197,000, according to the county's recorded deed.

How big is 7375 State Road 550, Shoals, IN?

7375 State Road 550, Shoals, IN has 3 bedrooms, 1 bathrooms, 1,368 square feet of living space and a 2.17-acre lot.

When was 7375 State Road 550, Shoals, IN built?

7375 State Road 550, Shoals, IN was built in 1955, making it 71 years old. The building has 1 story.

What schools serve 7375 State Road 550, Shoals, IN?

7375 State Road 550, Shoals, IN is assigned to Shoals Community High School (high); Shoals Middle School (middle), rated C; Shoals Community Elementary School (elementary), rated D+. All sit in Shoals Community School Corporation. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7375 State Road 550, Shoals, IN compare to other homes in Shoals 47581?

Among the 1,797 homes in Shoals 47581, it is worth more than 79% of them ($241,983 against a typical $150,706), its price per square foot is higher than 79% of them ($177 against a typical $114), it is bigger than 53% of them (1,368 ft² against a typical 1,340 ft²), its lot is bigger than 49% of them (2.17 ac against a typical 2.3 ac) and it is newer than 26% of them (1955 against a typical 1981). Measured against all of Martin County, it is worth more than 72% 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 7375 State Road 550, Shoals, IN?

The 2025 property tax bill for 7375 State Road 550, Shoals, IN was $1,032. The county assessed it at $184,000.

More homes on State Road 550

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