123 W Water St is a 1,040 square foot house on a 5,345 square foot lot with 2 bedrooms and 1 bathroom. Based on Redfin's Pendleton data, we estimate the home's value is $190,793.
Single-familyProperty Type
1936Year Built
5,345 sq ftLot Size
$183Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$190,793
$4,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 4.9% higher than the average sale price ($182K) 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*
2025
$1,626 (−11.3%)
$17,900 + $151,000
$168,900
2024
$1,833 (+7.7%)
$17,900 + $151,000
$168,900
2023
$1,702 (+47.8%)
$17,900 + $151,000
$168,900
2022
$1,151 (+12.2%)
$17,100 + $138,500
$155,600
2021
$1,026 (−3.7%)
$16,100 + $104,100
$120,200
2020
$1,065 (+15.8%)
$16,100 + $95,100
$111,200
2019
$920 (−2.8%)
$15,400 + $90,700
$106,100
2018
$946 (+15.5%)
$15,400 + $88,100
$103,500
2017
$820 (+0.2%)
$14,300 + $79,500
$93,800
2016
$818 (+3.0%)
$14,300 + $79,500
$93,800
2015
$794 (+21.8%)
$14,300 + $79,500
$93,800
2014
$652 (−10.3%)
$14,300 + $79,500
$93,800
2013
$727
$14,300 + $70,200
$84,500
Tax history for 123 W Water St
Year
Property tax
Land + Additions
Assessment*
2025
$1,626 (−11.3%)
$17,900 + $151,000
$168,900
2024
$1,833 (+7.7%)
$17,900 + $151,000
$168,900
2023
$1,702 (+47.8%)
$17,900 + $151,000
$168,900
2022
$1,151 (+12.2%)
$17,100 + $138,500
$155,600
2021
$1,026 (−3.7%)
$16,100 + $104,100
$120,200
2020
$1,065 (+15.8%)
$16,100 + $95,100
$111,200
2019
$920 (−2.8%)
$15,400 + $90,700
$106,100
2018
$946 (+15.5%)
$15,400 + $88,100
$103,500
2017
$820 (+0.2%)
$14,300 + $79,500
$93,800
2016
$818 (+3.0%)
$14,300 + $79,500
$93,800
2015
$794 (+21.8%)
$14,300 + $79,500
$93,800
2014
$652 (−10.3%)
$14,300 + $79,500
$93,800
2013
$727
$14,300 + $70,200
$84,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
RC
Residential Core Conservancy District
Residential Core Conservancy District RC is intended to protect the character of established core residential areas that may be subject to infill development and redevelopment. This district requires that new development and redevelopment follow the established bulk, siting and design characteristics, including smaller lots, shallow front setbacks, similar garages (type, size and placement), alleys where appropriate, pedestrian comfort, similar primary structure scale, and architectural features like front porches. The district must be adequately served by public utilities and infrastructure. All subdivisions require Subdivision approval. All non-residential developments require Development Plan Approval.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Park & open space
Property details
Interior
Basement Information
Basement Sq. Ft: 1,040
Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Building Type: Single Family
Property Information
Subdivision Name: TOWN/PENDLETON
Living Sq. Ft: 1,040
Adjusted Gross Sq. Ft: 2,080
Ground Floor Sq. Ft: 1,040
Building Sq. Ft: 2,296
# of Stories: 1
Legal Description: OP 54' E SD 144' W SD 0.0000ACRES STR: 00000 SECTION: PLAT: 00 IN: OUT:
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Basement Garage
Garage/Parking Sq. Ft: 216
Garage / Carport Type: Basement
Lot Information
# of Buildings: 1
Land Sq. Ft: 5,345
Legal Lot Number: 1
Municipality Name: FALL CREEK TOWNSHIP
Acres: 0.1227
Depth Footage: 54
Front Footage: 99
County Use Description: ONE FAMILY DWELL ON PLATTED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 1,040
Stories: 1.0
Lot Size: 5,345 square feet
Style: Single Family Residential
Year Built: 1936
Year Renovated: 2005
County: Madison County
APN: 481421202003000013
Home facts updated by county records on Sep 28, 2026
Around this home
Schools
Pendleton Elementary School
Public PreK-6 • Assigned • 0.5mi
7/10
Pendleton Heights Middle School
Public 7-8 • Assigned • 1.1mi
8/10
Pendleton Heights High School
Public 9-12 • Assigned • 0.8mi
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
3/10 Heat Factor
7 days above 100° 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
Pendleton, IN • 46064
Average low and high temperatures (°F)
30
16
40
24
59
38
66
46
70
52
81
64
85
68
80
61
81
55
69
46
52
37
40
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.
10 hrs
3.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$182,000 – $220,000
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