487 S Peterman Rd is a 1,754 square foot house on a 1.11 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Greenwood data, we estimate the home's value is $261,803.
Single-familyProperty Type
1962Year Built
1.11 acresLot Size
$149Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$261,803
$8,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.4% lower than the average sale price ($329K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$1,832 (+20.3%)
$51,400 + $178,700
$230,100
2023
$1,522 (−7.1%)
$51,400 + $154,800
$206,200
2022
$1,639 (+19.7%)
$51,400 + $131,300
$182,700
2021
$1,369 (+19.5%)
$51,400 + $131,300
$182,700
2020
$1,146 (+3.9%)
$51,400 + $113,700
$165,100
2019
$1,103 (+0.6%)
$51,400 + $96,300
$147,700
2018
$1,096 (+3.6%)
$51,400 + $91,600
$143,000
2017
$1,058 (+2.8%)
$51,400 + $89,400
$140,800
2016
$1,029 (+7.7%)
$51,400 + $88,900
$140,300
2015
$955 (−4.8%)
$51,400 + $88,900
$140,300
2014
$1,003 (+5.2%)
$51,400 + $80,200
$131,600
2013
$953
$51,400 + $83,400
$134,800
Tax history for 487 S Peterman Rd
Year
Property tax
Land + Additions
Assessment*
2024
$1,832 (+20.3%)
$51,400 + $178,700
$230,100
2023
$1,522 (−7.1%)
$51,400 + $154,800
$206,200
2022
$1,639 (+19.7%)
$51,400 + $131,300
$182,700
2021
$1,369 (+19.5%)
$51,400 + $131,300
$182,700
2020
$1,146 (+3.9%)
$51,400 + $113,700
$165,100
2019
$1,103 (+0.6%)
$51,400 + $96,300
$147,700
2018
$1,096 (+3.6%)
$51,400 + $91,600
$143,000
2017
$1,058 (+2.8%)
$51,400 + $89,400
$140,800
2016
$1,029 (+7.7%)
$51,400 + $88,900
$140,300
2015
$955 (−4.8%)
$51,400 + $88,900
$140,300
2014
$1,003 (+5.2%)
$51,400 + $80,200
$131,600
2013
$953
$51,400 + $83,400
$134,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
R-2
Single-Family Residential District
The purpose of the R-2, Single-Family Residential District is to provide for residential development at an average density of three and one-half dwelling units per acre. Development of major subdivisions in the R-2 District shall be limited to sites served by public sanitary sewer systems. They should be limited to sites which are located adjacent to major collectors, minor arterials, or major arterials, as defined in the Johnson County Comprehensive Plan Update; and are generally best located immediately adjacent to R-1, R-2, or R-3 Residential Districts.
Oct 28, 2011 • Active
Building permits
Addition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 5
Heating & Cooling
Heating Type: Warm Air
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Building Type: Single Family
Property Information
Living Sq. Ft: 1,754
Adjusted Gross Sq. Ft: 1,754
Ground Floor Sq. Ft: 1,754
Building Sq. Ft: 1,754
# of Stories: 1
Legal Description: SW S35 T14 R3
Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 600
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 48,352
Municipality Name: WHITE RIVER TOWNSHIP
Acres: 1.11
Zoning Code: R-2
County Use Description: SFR UNPLATTED 0-9.99 AC
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 1,754
Stories: 1.0
Lot Size: 1.11 acres
Style: Single Family Residential
Year Built: 1962
Year Renovated: 1984
County: Johnson County
APN: 410335033004000038
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Sugar Grove Elementary School
Public PreK-5 • Assigned • 0.3mi
6/10
Center Grove Middle School North
Public 6-8 • Assigned • 1.3mi
8/10
Center Grove High School
Public 9-12 • Assigned • 2.4mi
10/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 101° expected this year, 19 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Greenwood, IN • 46142
Average low and high temperatures (°F)
34
18
43
26
62
40
69
48
72
54
83
65
88
71
83
64
81
59
71
48
54
39
42
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
9.6 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$249,000 – $302,000
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