Take a look at this lovely, move-in ready home! Recently remodeled and updated ranch has new roof, siding, heating and AC, neutral paint colors throughout as well as large master suite with walk-in closet! All of this on 1 spacious acre! Plus a large deck and patio that will be great to enjoy this summer! Owner will consider including appliances with acceptable offer.
Single-familyProperty Type
1960Year Built
1 acresLot Size
$144Est. Price/Sq.Ft.
Listed by Ashley Bullington• Debby Broughton Realty
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Earn from this home
Rent
$2,138/mo
Redfin rental estimate
List your home for rent
Market trends in 47140, IN
Last updated September 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
92.2%
4.3% MoM
Median sale price
$119K
$104K MoM
Avg. days on market
84d
104 days MoM
Recently sold homes
2
0 MoM
Provided by Redfin
Sale history for 5565 Valeene Rd
Date
Event
Price
SIRA #201808088
Aug 24, 2018
Sold
$92,500
$72/sq ft
Apr 13, 2018
Listed
$89,900
$70/sq ft
SIRA #201402213
Apr 29, 2014
Sold
$17,000
$13/sq ft
Mar 31, 2014
Listed
$19,900
$16/sq ft
+9
This 3 bedroom home in country setting with basement could be your new home ! Come take a look. Needs some TLC but well worth the price. Well pump in basement, unsure if hooked up. Property not connected to city water, but available at road. Great location and immediate possession. Call for your showing today !!
Year
Property tax
Land + Additions
Assessment*
2025
$1,238 (+21.6%)
$10,000 + $127,000
$137,000
2024
$1,018 (−1.9%)
$10,000 + $102,100
$112,100
2023
$1,038 (+33.3%)
$10,000 + $104,400
$114,400
2022
$778 (+12.8%)
$9,000 + $84,200
$93,200
2021
$690 (−59.0%)
$9,000 + $74,400
$83,400
2020
$1,682
$8,000 + $76,400
$84,400
2019
$1,682 (+42.2%)
$8,000 + $76,400
$84,400
2018
$1,183 (+0.4%)
$8,000 + $51,000
$59,000
2017
$1,178 (+1.0%)
$8,000 + $50,800
$58,800
2016
$1,167 (+0.4%)
$8,000 + $50,200
$58,200
2015
$1,162 (−23.8%)
$8,000 + $50,000
$58,000
2013
$1,524
$8,000 + $52,600
$60,600
Tax history for 5565 Valeene Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,238 (+21.6%)
$10,000 + $127,000
$137,000
2024
$1,018 (−1.9%)
$10,000 + $102,100
$112,100
2023
$1,038 (+33.3%)
$10,000 + $104,400
$114,400
2022
$778 (+12.8%)
$9,000 + $84,200
$93,200
2021
$690 (−59.0%)
$9,000 + $74,400
$83,400
2020
$1,682
$8,000 + $76,400
$84,400
2019
$1,682 (+42.2%)
$8,000 + $76,400
$84,400
2018
$1,183 (+0.4%)
$8,000 + $51,000
$59,000
2017
$1,178 (+1.0%)
$8,000 + $50,800
$58,800
2016
$1,167 (+0.4%)
$8,000 + $50,200
$58,200
2015
$1,162 (−23.8%)
$8,000 + $50,000
$58,000
2013
$1,524
$8,000 + $52,600
$60,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.