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410 W Main St, Redkey, IN, 47373

2beds
1baths
1,234sqft
$49,900
$40price/sqft
$496/moest. monthly cost
$19,840/yrincome needed

About This Home

Priced to sell and brimming with small-town charm! This affordable 1,234 sq. ft. home offers 2 bedrooms, 1 bath, and a versatile bonus room perfect for a home office, playroom, or potential 3rd bedroom. Situated just steps (approx. 600 feet) from Redkey Elementary, offering incredibly easy access to school and community events. Whether you are looking for an affordable primary residence or a high-potential investment project, this home is ready for its next chapter.

Getting Around

29
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

5/10
Redkey Elementary SchoolGrades PK-60.1 mi
5/10
Jay County High SchoolGrades 7-128.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Metal
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Electric Oven,Electric Water Heater

Basement

  • Basement: Crawl Space

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 108

Features

  • Flooring: Hardwood
  • Finished area below ground: 0
  • Finished area above ground: 1,234

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,234
  • Total interior livable area: 1,234 sqft

Kitchen

  • Level: Main
  • Area: 170

Living Room

  • Level: Main
  • Area: 240

Property

Details

  • Parcel number: 380914403039.000031

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,405 sqft
  • Features: Level,City/Town/Suburb
  • Lot size dimensions: 50X145

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

  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Tornado

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 $252$3,024
Home Insurance *$60$720
Property Taxes $0$0
Electricity $184$2,212
Total$496$5,952
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$17,005/yr
40% on housing$14,880/yr
45% on housing$13,226/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: 7.3%
7.3%
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

$40This listing

vs Other Active Listings

Avg $/sqft

ZIP 47373
Jay County$68

vs Homes Sold Last Month

Median $/sqft

ZIP 47373
Jay County$73

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)

No zestimate history available

Price History

DateEventPrice
2026-08-01Price change$49,900
2026-07-22Price change$51,000
2026-06-06Listed for sale$56,000
2025-12-10Listing removed$56,000
2025-10-26Price change$56,000
2025-10-21Price change$58,500
2025-10-15Listed for sale$59,900
2025-10-11Pending sale$59,900
2025-10-04Listed for sale$59,900

For Sale by Agent

AgentMatt Glentzer
BrokerageRE/MAX Evolve

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