Google street view image for 149 N Letterman Rd, Paragon, IN 46166

Off market

$212,197

•

1 ba

•

1,540

sq ft

149 N Letterman Rd, Paragon, IN 46166

About this home

149 N Letterman Rd is a 1,540 square foot house on a 4.53 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Paragon data, we estimate the home's value is $212,197.

Single-familyProperty Type

1972Year Built

4.53 acresLot Size

$138Est. Price/Sq.Ft.

2 car garageParking

Source:Public Records

Redfin Estimate

$212,197

$7,000 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 25.8% lower than the average sale price ($286K) of 6 comparable homes.

SOLD AUG 14, 2026
$265,000
A
3 beds1 bath1,550 sq ft
5012 N Templin Rd, Martinsville, IN 46151
SOLD SEP 29, 2026
$225,000
B
3 beds1.5 baths1,456 sq ft
1270 Smokey Rd, Martinsville, IN 46151
SOLD AUG 31, 2026
$182,000
C
3 beds1 bath1,525 sq ft
3630 Meadows Dr, Martinsville, IN 46151
SOLD AUG 17, 2026
$340,000
D
3 beds2 baths1,516 sq ft
5275 Wilbur Rd, Martinsville, IN 46151
BOUGHT WITH REDFIN SEP 3, 2026
$325,000
E
3 beds2 baths1,344 sq ft
8963 W Lewisville Rd, Paragon, IN 46166
SOLD SEP 3, 2026
$380,000
F
3 beds1 bath1,876 sq ft
5615 SR 142, Martinsville, IN 46151

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Earn from this home

Rent

$2,290/mo

Redfin rental estimate

List your home for rent

Market trends in 46166, IN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

98.7%

+13.9% MoM

Median sale price

$257K

$83K MoM

Avg. days on market

38d

31 days MoM

Recently sold homes

3 MoM

Provided by Redfin

Sale history for 149 N Letterman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$978 (−3.0%)

$65,400 + $143,600

$209,000

2024

$1,009 (+26.1%)

$65,400 + $143,600

$209,000

2023

$800 (+13.2%)

$65,400 + $130,800

$196,200

2022

$706 (+53.5%)

$54,300 + $118,000

$172,300

2021

$460 (+12.5%)

$54,300 + $106,500

$160,800

2020

$409 (+12.1%)

$39,000 + $83,600

$122,600

2019

$365 (+32.5%)

$39,000 + $76,900

$115,900

2018

$275 (+5.7%)

$30,100 + $76,200

$106,300

2017

$261 (−64.7%)

$30,100 + $57,100

$87,200

2016

$737 (+27.7%)

$30,100 + $57,100

$87,200

2015

$577 (−35.0%)

$30,100 + $57,100

$87,200

2013

$888

$30,100 + $63,300

$93,400

Tax history for 149 N Letterman Rd

Year

Property tax

Land + Additions

Assessment*

2025

$978 (−3.0%)

$65,400 + $143,600

$209,000

2024

$1,009 (+26.1%)

$65,400 + $143,600

$209,000

2023

$800 (+13.2%)

$65,400 + $130,800

$196,200

2022

$706 (+53.5%)

$54,300 + $118,000

$172,300

2021

$460 (+12.5%)

$54,300 + $106,500

$160,800

2020

$409 (+12.1%)

$39,000 + $83,600

$122,600

2019

$365 (+32.5%)

$39,000 + $76,900

$115,900

2018

$275 (+5.7%)

$30,100 + $76,200

$106,300

2017

$261 (−64.7%)

$30,100 + $57,100

$87,200

2016

$737 (+27.7%)

$30,100 + $57,100

$87,200

2015

$577 (−35.0%)

$30,100 + $57,100

$87,200

2013

$888

$30,100 + $63,300

$93,400

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

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: 1
# of Bathroom Fixtures: 5

Heating & Cooling
Heating Type: Warm Air

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Masonry
Has Fireplace

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Average
Construction Type: Masonry
Building Type: Single Family

Property Information
Living Sq. Ft: 1,540
Adjusted Gross Sq. Ft: 1,540
Ground Floor Sq. Ft: 1,540
Building Sq. Ft: 1,540
# of Stories: 1
Legal Description: S36 T12 R2W PT SW SE 4.53 A

Parking & Garage Information
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 500
Garage / Carport Type: Detached

Lot Information
# of Buildings: 1
Land Sq. Ft: 197,327
Municipality Name: RAY TOWNSHIP
Acres: 4.53
County Use Description: 1 FAMILY DWELL - UNPLATTED (0

Financial

Assessor Information
Assessment Year: 2025

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,540
Stories: 1.0
Lot Size: 4.53 acres
Style: Single Family Residential
Year Built: 1972
Year Renovated: 1972
County: Morgan County
APN: 55-07-36-400-012.000-018

Home facts updated by county records on Oct 15, 2026

Around this home

Schools

K - 12
Preschool & daycare

Paragon Elementary School

Public PreK-4 • Assigned • 2.4mi

7/10

Martinsville High School

Public 9-12 • Assigned • 9.1mi

6/10

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

3/10 Fire Factor

0.15% chance of being 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

1% 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)

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

$202,000 – $245,000

Sell confidently with a local market expert in Paragon. 3 minutes to get started.

Nearby similar homes

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Land— sq ft

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3D WALKTHROUGH

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5 beds2 baths2,960 sq ft

4258 N South Dr, Quincy, IN 47456

21.08 acre lot • 4 garage spots • Built 1960

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$629,000

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Home values near 149 N Letterman Rd

Data from public records.

Address	Redfin Estimate
257 N Letterman Road, Paragon, IN 4 Beds \| 2 Baths \| 3610 Sq. Ft.	$343,560
583 N Letterman Road, Paragon, IN 3 Beds \| 2 Baths \| 1857 Sq. Ft.	$239,709
73 N Letterman Road #0, Paragon, IN - Beds \| - Baths \| - Sq. Ft.	$175,598
32 S Letterman Road, Paragon, IN 3 Beds \| 3 Baths \| 2138 Sq. Ft.	$707,144

Address	Redfin Estimate
588 N Letterman Road, Paragon, IN 3 Beds \| 3.5 Baths \| 3400 Sq. Ft.	$435,910
73 N Letterman Road, Paragon, IN 2 Beds \| 1 Baths \| 1482 Sq. Ft.	$279,362
421 N Letterman Road, Paragon, IN 2 Beds \| 1 Baths \| 720 Sq. Ft.	$140,600
561 Letterman Hill Road, Ray Township, IN - Beds \| - Baths \| - Sq. Ft.	$170,110

Address	Redfin Estimate
91 N Letterman Road, Paragon, IN 3 Beds \| 1 Baths \| 2244 Sq. Ft.	$419,938
566 N Letterman Road, Paragon, IN 2 Beds \| 2.5 Baths \| 2019 Sq. Ft.	$370,090
101 S Letterman Road, Paragon, IN 2 Beds \| 1 Baths \| 1845 Sq. Ft.	$676,618
RR1 Box 164 Letterman Hill, Paragon, IN - Beds \| - Baths \| - Sq. Ft.	$235,525

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