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607 S Sheridan Ave, Sheridan, IN, 46069

2beds
1baths
936sqft
$190,000
$203price/sqft
$1,404/moest. monthly cost
$56,160/yrincome needed

About This Home

Welcome to small-town Sheridan, where opportunity meets affordability! This charming 2-bedroom, 1-bath home is the perfect chance to create a space that truly reflects your style while building equity along the way. Whether you're a first-time homebuyer, investor, or someone looking for a project with endless potential, this home is ready for your personal touches. Situated on a spacious double lot, you'll enjoy plenty of room to spread out both inside and out. Relax on the inviting covered front porch, entertain on the back porch, or take advantage of the two detached garages-ideal for vehicles, hobbies, a workshop, or extra storage. Priced under $200,000, opportunities like this are becoming increasingly hard to find. Enjoy the charm of small-town living with the freedom to make this property your own. Schedule your showing today and imagine the possibilities!

Getting Around

50
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

7/10
8/10
Sheridan Middle SchoolGrades 6-80.7 mi
8/10
Sheridan High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Crawl Space
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Gas Oven,Refrigerator

Bedroom2

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Eat-in Kitchen

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 936
  • Total interior livable area: 936 sqft

Kitchen

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Living Room

  • Level: Main
  • Area: 195
  • Dimensions: 13x15

Master Bedroom

  • Level: Main
  • Area: 110
  • Dimensions: 11x10

Property

Details

  • Parcel number: 290131405010000002
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck

Lot

  • Lot size: 0.36 Acres

Parking

  • Total spaces: 4
  • Parking features: Detached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Inland Flooding
Winter Weather
Drought
Hail
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Indiana Counties

Flood
Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $960$11,520
Home Insurance *$100$1,200
Property Taxes $160$1,920
Electricity $184$2,212
Total$1,404$16,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,137/yr
40% on housing$42,120/yr
45% on housing$37,440/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 3.1%
3.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 46069$253
Hamilton County$203

vs Homes Sold Last Month

Median $/sqft

ZIP 46069$176
Hamilton County$171

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-21Listed for sale$190,000
2016-09-09Sold$50,000
2016-09-09Pending sale$55,000
2016-06-15Listed for sale$55,000
2016-06-02Pending sale$55,000
2016-05-11Price change$55,000
2016-03-11Listed for sale$63,987

For Sale by Agent

AgentTina Floyd-Snodgrass
BrokerageHomeward Bound Realty LLC

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