1433 N Letterman Rd is a 1,800 square foot house on a 7.95 acre lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Paragon data, we estimate the home's value is $805,854.
Single-familyProperty Type
1992Year Built
7.95 acresLot Size
$448Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$805,854
$45K since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 115.6% higher than the average sale price ($374K) of 6 comparable homes.
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Earn from this home
Rent
$2,796/mo
Redfin rental estimate
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Market trends in 46166, IN
Last updated August 2026
Buyer's Market
Seller's Market
Balanced market
Sale-to-List Price
86.1%
0.0% MoM
Median sale price
$136K
$30 MoM
Avg. days on market
7d
0 days MoM
Recently sold homes
7
0 MoM
Provided by Redfin
Sale history for 1433 N Letterman Rd
Date
Event
Price
MIBOR as Distributed by MLS Grid #21306572
Jan 29, 2015
Listing Removed
—
Jul 28, 2014
Listed
$285,000
$158/sq ft
MIBOR as Distributed by MLS Grid #21250763
Feb 16, 2014
Listing Removed
—
Aug 16, 2013
Listed
$345,000
$192/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,811 (+7.4%)
$99,500 + $152,500
$252,000
2024
$1,687 (+5.4%)
$99,500 + $152,500
$252,000
2023
$1,600 (+0.9%)
$99,500 + $146,600
$246,100
2022
$1,586 (+19.1%)
$99,500 + $145,500
$245,000
2021
$1,332 (−4.6%)
$99,500 + $135,800
$235,300
2020
$1,396 (+9.8%)
$79,100 + $110,500
$189,600
2019
$1,272 (+5.4%)
$73,700 + $120,600
$194,300
2018
$1,206 (−1.0%)
$66,700 + $103,300
$170,000
2017
$1,218
$66,700 + $96,600
$163,300
Tax history for 1433 N Letterman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$1,811 (+7.4%)
$99,500 + $152,500
$252,000
2024
$1,687 (+5.4%)
$99,500 + $152,500
$252,000
2023
$1,600 (+0.9%)
$99,500 + $146,600
$246,100
2022
$1,586 (+19.1%)
$99,500 + $145,500
$245,000
2021
$1,332 (−4.6%)
$99,500 + $135,800
$235,300
2020
$1,396 (+9.8%)
$79,100 + $110,500
$189,600
2019
$1,272 (+5.4%)
$73,700 + $120,600
$194,300
2018
$1,206 (−1.0%)
$66,700 + $103,300
$170,000
2017
$1,218
$66,700 + $96,600
$163,300
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
AG
Agriculture District
This district is intended for agricultural uses and to protect and preserve the decreasing supply of farmland by discouraging urban development in primarily agricultural areas. Non-farm residential uses should be limited, when possible, to provide for large areas of contiguous farm land; All subdivisions require subdivision approval unless exempt See Section 5.B.5: Exempt Subdivisions; All new primary structures for commercial, industrial, and institutional uses require Development Plan approval. Only one primary use or primary structure dwelling unit per lot permitted; All development may be subject to Drainage Board approval.
Permitted uses
Include but are not limited to:
Equestrian facility
Livestock production
Religious facility
Housing-Single unit
Infrastructure
Office
Agriculture-Cropland
Cemetery
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 8
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 7
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood Frame/Concrete Block
Building Type: Single Family
Property Information
Living Sq. Ft: 1,800
Adjusted Gross Sq. Ft: 1,800
Ground Floor Sq. Ft: 1,800
Building Sq. Ft: 1,800
# of Stories: 1
Legal Description: S25 T12 R2W PT SW 7.95 A
Lot Information
# of Buildings: 1
Land Sq. Ft: 346,302
Municipality Name: ASHLAND TOWNSHIP
Acres: 7.95
County Use Description: 1 FAMILY DWELL - UNPLATTED (0
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 2.0
Sq. Ft.: 1,800
Stories: 1.0
Lot Size: 7.95 acres
Style: Single Family Residential
Year Built: 1992
Year Renovated: 1992
County: Morgan County
APN: 55-07-25-300-002.002-002
Home facts updated by county records on Jul 8, 2026
Around this home
Schools
Eminence Elementary School
Public PreK-5 • Assigned • 6.0mi
7/10
Eminence Jr-Senior High School
Public 6-12 • Assigned • 6.0mi
5/10
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
3/10 Heat Factor
7 days above 102° expected this year, 19 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Paragon, IN • 46166
Average low and high temperatures (°F)
34
18
44
27
62
41
69
49
72
54
83
65
87
71
83
64
82
58
71
48
55
40
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$766,000 – $927,000
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