As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$467 (−4.4%)
$50,000
2024
$489 (+25.6%)
$50,000
2023
$389 (+12.2%)
$50,000
2022
$347 (+27.9%)
$40,700
2021
$271 (+4.0%)
$40,700
2020
$261 (+31.8%)
$33,400
2019
$198 (+3.1%)
$33,400
2018
$192 (+0.6%)
$23,400
2017
$191 (−3.1%)
$23,400
2016
$197 (+27.1%)
$23,400
2015
$155 (−30.2%)
$23,400
2013
$222
$23,400
Tax history for 257 N Letterman Rd
Year
Property tax
Land + Additions
Assessment*
2025
$467 (−4.4%)
$50,000
2024
$489 (+25.6%)
$50,000
2023
$389 (+12.2%)
$50,000
2022
$347 (+27.9%)
$40,700
2021
$271 (+4.0%)
$40,700
2020
$261 (+31.8%)
$33,400
2019
$198 (+3.1%)
$33,400
2018
$192 (+0.6%)
$23,400
2017
$191 (−3.1%)
$23,400
2016
$197 (+27.1%)
$23,400
2015
$155 (−30.2%)
$23,400
2013
$222
$23,400
*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
Exterior
Property Information
Legal Description: S36 T12 R2W PT SW SE 5.01 A
Lot Information
Land Sq. Ft: 218,236
Municipality Name: RAY TOWNSHIP
Acres: 5.01
County Use Description: VACANT - UNPLATTED (0 TO 9.99
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 5.01 acres
Style: Vacant Land
Year Built: —
Year Renovated: —
County: Morgan County
APN: 55-07-36-400-011.000-018
Home facts updated by county records on Apr 22, 2026
Around this home
Schools
Paragon Elementary School
Public PreK-4 • Assigned • 2.5mi
7/10
Martinsville High School
Public 9-12 • Assigned • 9.2mi
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)
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
$76,000 – $92,000
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