18208 Markel Rd is a 1,327 square foot house on a 2 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Spencerville data, we estimate the home's value is $356,322.
Single-familyProperty Type
2001Year Built
2 acresLot Size
$269Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$356,322
$1,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 19.9% higher than the average sale price ($297K) of 6 comparable homes.
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Earn from this home
Sell
$333,784
Est. take-home
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Rent
$2,519/mo
Redfin rental estimate
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Market trends in 46788, IN
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-list price
95.6%
0.9% MoM
Median sale price
$536K
$63K MoM
Avg. days on market
42d
2 days MoM
Recently sold homes
7
3 MoM
Provided by Redfin
Sale history for 18208 Markel Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$2,287 (−10.9%)
$49,000 + $246,500
$295,500
2024
$2,566 (+0.8%)
$49,000 + $245,900
$294,900
2023
$2,545 (+9.8%)
$49,000 + $235,900
$284,900
2022
$2,318 (+8.0%)
$49,000 + $215,100
$264,100
2021
$2,147 (−3.3%)
$49,000 + $187,300
$236,300
2020
$2,221 (+15.1%)
$49,000 + $185,800
$234,800
2019
$1,930 (+5.7%)
$49,000 + $177,500
$226,500
2018
$1,826 (+1.1%)
$49,000 + $155,500
$204,500
2017
$1,807 (−3.4%)
$49,000 + $144,400
$193,400
2016
$1,870 (−1.3%)
$49,000 + $144,400
$193,400
2015
$1,895 (+4.6%)
$49,000 + $149,500
$198,500
2013
$1,812
$49,000 + $129,500
$178,500
Tax history for 18208 Markel Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,287 (−10.9%)
$49,000 + $246,500
$295,500
2024
$2,566 (+0.8%)
$49,000 + $245,900
$294,900
2023
$2,545 (+9.8%)
$49,000 + $235,900
$284,900
2022
$2,318 (+8.0%)
$49,000 + $215,100
$264,100
2021
$2,147 (−3.3%)
$49,000 + $187,300
$236,300
2020
$2,221 (+15.1%)
$49,000 + $185,800
$234,800
2019
$1,930 (+5.7%)
$49,000 + $177,500
$226,500
2018
$1,826 (+1.1%)
$49,000 + $155,500
$204,500
2017
$1,807 (−3.4%)
$49,000 + $144,400
$193,400
2016
$1,870 (−1.3%)
$49,000 + $144,400
$193,400
2015
$1,895 (+4.6%)
$49,000 + $149,500
$198,500
2013
$1,812
$49,000 + $129,500
$178,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
A1
Agricultural District
The Agricultural district is intended to permit a wide range of agricultural activities as well as limited types of low-density residential development and other uses customarily conducted in or associated with agricultural areas, and certain additional community-oriented uses.
Permitted uses
Include but are not limited to:
Dairy
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Agriculture-Cropland
Housing-Mobile home park
Timberland
Nov 21, 2014 • Final
Building - residential
Construct an addition to a pole barn to create unconditioned space.
Addition
Jul 17, 2009 • Final
Electrical - residential
Install an in-ground swimming pool with a heater.
Electrical
Pool and hot tub
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 9
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Warm Air
Fireplace Information
# of Fireplaces: 1
Fireplace Type: Steel
Has Fireplace
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Average
Construction Type: Wood
Exterior Wall: Vinyl/Wood
Building Type: Single Family
Pool Information
Has Pool
Property Information
Living Sq. Ft: 1,327
Adjusted Gross Sq. Ft: 1,327
Building Sq. Ft: 2,263
# of Stories: 1
Legal Description: E 133.33 OF W 725.25 OF N 653.4FT NW1/4 SE1/4 SEC 9
Parking & Garage Information
# of Parking Spaces: 5
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 936
Garage / Carport Type: Attached
Lot Information
# of Buildings: 1
Land Sq. Ft: 87,120
Municipality Name: SPRINGFIELD TOWNSHIP
Acres: 2
County Use Description: SFR UNPLATTED 0-9.99 AC
Utility Information
Electricity / Wiring Type: Available
Financial
Assessor Information
Assessment Year: 2025
Tax District County: SPRINGFIELD
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,327
Stories: 1.0
Lot Size: 2 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2001
County: Allen County
APN: 020409400002000062
Home facts updated by county records on Oct 5, 2026
Around this home
Schools
Leo Elementary School
Public 4-6 • Assigned • 5.5mi
7/10
Leo Junior/Senior High School
Public 7-12 • Assigned • 5.8mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 80%+ chance 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, 17 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Spencerville, IN • 46788
Average low and high temperatures (°F)
28
15
36
21
55
34
63
43
68
49
81
62
86
66
80
60
79
54
67
45
50
36
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.7 hours in
June and 3.2 hours in December, which is comparable to the
U.S. average for solar exposure.
10.7 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$339,000 – $410,000
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