Google street view image for 18533 Markel Rd, Spencerville, IN 46788

Off market

$574,777

•

2.5 ba

•

1,926

sq ft

18533 Markel Rd, Spencerville, IN 46788

About this home

18533 Markel Rd is a 1,926 square foot house on a 4.1 acre lot with 3 bedrooms and 2.5 bathrooms. Based on Redfin's Spencerville data, we estimate the home's value is $574,777.

Single-familyProperty Type

2001Year Built

4.1 acresLot Size

$298Est. Price/Sq.Ft.

4 car garageParking

Source:Public Records

Redfin Estimate

$574,777

$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 12.4% higher than the average sale price ($511K) of 6 comparable homes.

SOLD JUL 10, 2026
$510,000
A
3 beds2.5 baths3,138 sq ft
17707 Rupert Rd, Spencerville, IN 46788
SOLD AUG 10, 2026
$630,000
B
3 beds2.5 baths2,563 sq ft
19003 N State Road 1, Spencerville, IN 46788
SOLD SEP 21, 2026
$600,000
C
5 beds2 baths3,360 sq ft
4702 County Road 68, Spencerville, IN 46788
SOLD AUG 11, 2026
$536,000
D
3 beds2.5 baths2,932 sq ft
17515 Roth Rd, Spencerville, IN 46788
SOLD SEP 16, 2026
$442,450
E
3 beds2.5 baths2,766 sq ft
4667 County Road 60, Saint Joe, IN 46785
SOLD SEP 30, 2026
$348,500
F
3 beds2.5 baths1,670 sq ft
6748 County Road 63, Spencerville, IN 46788

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Earn from this home

Sell

$539,700

Est. take-home

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Rent

$2,814/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

3 MoM

Provided by Redfin

Sale history for 18533 Markel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,722 (+1.1%)

$64,100 + $415,100

$479,200

2024

$3,681 (+11.4%)

$64,100 + $403,700

$467,800

2023

$3,305 (−0.8%)

$64,100 + $386,300

$450,400

2022

$3,331 (+20.5%)

$64,100 + $345,900

$410,000

2021

$2,765 (−1.6%)

$64,100 + $282,200

$346,300

2020

$2,809 (+18.5%)

$64,100 + $277,000

$341,100

2019

$2,369 (+15.9%)

$64,100 + $260,000

$324,100

2018

$2,045 (−2.0%)

$64,100 + $214,200

$278,300

2017

$2,087 (+8.0%)

$65,800 + $179,800

$245,600

2016

$1,933 (−5.1%)

$65,800 + $179,800

$245,600

2015

$2,036 (−4.9%)

$65,800 + $190,800

$256,600

2013

$2,142

$65,800 + $174,800

$240,600

Tax history for 18533 Markel Rd

Year

Property tax

Land + Additions

Assessment*

2025

$3,722 (+1.1%)

$64,100 + $415,100

$479,200

2024

$3,681 (+11.4%)

$64,100 + $403,700

$467,800

2023

$3,305 (−0.8%)

$64,100 + $386,300

$450,400

2022

$3,331 (+20.5%)

$64,100 + $345,900

$410,000

2021

$2,765 (−1.6%)

$64,100 + $282,200

$346,300

2020

$2,809 (+18.5%)

$64,100 + $277,000

$341,100

2019

$2,369 (+15.9%)

$64,100 + $260,000

$324,100

2018

$2,045 (−2.0%)

$64,100 + $214,200

$278,300

2017

$2,087 (+8.0%)

$65,800 + $179,800

$245,600

2016

$1,933 (−5.1%)

$65,800 + $179,800

$245,600

2015

$2,036 (−4.9%)

$65,800 + $190,800

$256,600

2013

$2,142

$65,800 + $174,800

$240,600

*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

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

Mar 14, 2024 • Final

Heating - residential

Install a single head mini-split system in a residential building.

HVAC

Aug 8, 2021 • Final

Building - residential

Construct a new detached garage using a prescriptive energy path.

New construction

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

Basement Information
Basement Sq. Ft: 1,926
Basement Type: Finished

Bathroom Information
# of Full Baths: 2
# of 1/2 Baths: 1
# of Bathroom Fixtures: 12

Heating & Cooling
Heating Type: Solar

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

Room Information
# of Rooms: 8

Exterior

Exterior Information
Physical Condition: Average
Foundation Type: Unknown With Basement
Construction Type: Masonry
Exterior Wall: Masonry
Roof Covering Type: Metal
Roof Shape Type: Metal
Building Type: Single Family

Property Information
Living Sq. Ft: 1,926
Adjusted Gross Sq. Ft: 3,852
Building Sq. Ft: 4,468
# of Stories: 1
Legal Description: 4.1A IRR TR W1/2 SE1/4 NE1/4 SEC 9

Parking & Garage Information
# of Parking Spaces: 3
Parking Type: Attached Garage
Garage/Parking Sq. Ft: 2,166
Garage / Carport Type: Attached

Lot Information
# of Buildings: 1
Land Sq. Ft: 178,596
Municipality Name: SPRINGFIELD TOWNSHIP
Acres: 4.1
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: 2.5
Sq. Ft.: 1,926
Stories: 1.0
Lot Size: 4.1 acres
Style: Single Family Residential
Year Built: 2001
Year Renovated: 2001
County: Allen County
APN: 020409200006000062

Home facts updated by county records on Oct 5, 2026

Around this home

Schools

Leo Elementary School

Public 4-6 • Assigned • 5.8mi

7/10

Leo Junior/Senior High School

Public 7-12 • Assigned • 6.0mi

7/10

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, 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)

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

$547,000 – $661,000

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Largest lots • Open layout • 0.26 acre lot

Home values near 18533 Markel Rd

Data from public records.

Address	Redfin Estimate
17912 Markel Rd, Spencerville, IN 2 Beds \| 1 Baths \| 1391 Sq. Ft.	$245,336
17826 Markel Rd, Spencerville, IN 3 Beds \| 1 Baths \| 1432 Sq. Ft.	$270,859

Address	Redfin Estimate
18208 Markel Rd, Spencerville, IN 3 Beds \| 2 Baths \| 1327 Sq. Ft.	$356,322
17802 Markel Rd, Spencerville, IN 3 Beds \| 2.5 Baths \| 3845 Sq. Ft.	$558,044

Address	Redfin Estimate
18230 Markel Rd, Spencerville, IN 3 Beds \| 2 Baths \| 1292 Sq. Ft.	$337,934
18122 Markel Rd, Spencerville, IN 2 Beds \| 1 Baths \| 1220 Sq. Ft.	$181,345

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46788, IN

Sale history for 18533 Markel Rd

Tax history for 18533 Markel Rd

Zoning and permits

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

Home values near 18533 Markel Rd

More real estate resources