7331 E Spillway Rd is a 1,248 square foot house on a 7,841 square foot lot with 2 bedrooms and 2 bathrooms. Based on Redfin's Unionville data, we estimate the home's value is $293,231.
Single-familyProperty Type
2008Year Built
7,841 sq ftLot Size
$235Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$293,231
$5,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 42.4% lower than the average sale price ($509K) of 6 comparable homes.
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Earn from this home
Rent
$2,364/mo
Redfin rental estimate
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Market trends in 47468, IN
Last updated August 2026
Buyer's Market
Seller's Market
Buyer's market
Sale-to-List Price
95.2%
0.1% MoM
Median sale price
$475K
$25K MoM
Avg. days on market
73d
15 days MoM
Recently sold homes
6
3 MoM
Provided by Redfin
Sale history for 7331 E Spillway Rd
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2024
$1,435 (+4.6%)
$47,200 + $165,900
$213,100
2023
$1,372 (+6.6%)
$47,200 + $158,200
$205,400
2022
$1,287 (−25.9%)
$47,200 + $144,000
$191,200
2021
$1,736 (+16.2%)
$22,600 + $155,100
$177,700
2020
$1,493 (+11.9%)
$22,600 + $148,200
$170,800
2019
$1,335 (−6.2%)
$20,500 + $143,700
$164,200
2018
$1,424 (+8.2%)
$16,400 + $153,400
$169,800
2017
$1,315 (−2.8%)
$16,400 + $149,500
$165,900
2016
$1,353 (+39.5%)
$16,400 + $153,000
$169,400
2015
$970 (−4.7%)
$16,400 + $153,000
$169,400
2013
$1,018
$16,400 + $152,400
$168,800
Tax history for 7331 E Spillway Rd
Year
Property tax
Land + Additions
Assessment*
2024
$1,435 (+4.6%)
$47,200 + $165,900
$213,100
2023
$1,372 (+6.6%)
$47,200 + $158,200
$205,400
2022
$1,287 (−25.9%)
$47,200 + $144,000
$191,200
2021
$1,736 (+16.2%)
$22,600 + $155,100
$177,700
2020
$1,493 (+11.9%)
$22,600 + $148,200
$170,800
2019
$1,335 (−6.2%)
$20,500 + $143,700
$164,200
2018
$1,424 (+8.2%)
$16,400 + $153,400
$169,800
2017
$1,315 (−2.8%)
$16,400 + $149,500
$165,900
2016
$1,353 (+39.5%)
$16,400 + $153,000
$169,400
2015
$970 (−4.7%)
$16,400 + $153,000
$169,400
2013
$1,018
$16,400 + $152,400
$168,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
SR
Suburban Residential District
The character of the Suburban Residential (SR) District is defined as that which is primarily intended for existing, possibly nonconforming, recorded single family residential subdivisions and lots of record. Its purposes are to accommodate existing, substandard subdivision developments and lots, to permit the build-out of single family residential uses in those developments and lots, to encourage the development of sanitary sewer systems for the existing development in the Lake Lemon area, to discourage the development of nonresidential uses, to protect environmentally sensitive areas, such as floodplain, karst, and steep slopes, and to maintain the character of the surrounding neighborhood. Therefore, the number of uses permitted in the SR District is limited. Some uses are conditionally permitted. The conditions placed on these uses are to insure their compatibility with the residential uses. The need for expanding this district beyond the areas designated on the Official Zone Maps on the date of the adoption of the zoning regulations is not anticipated or encouraged.