Real Estate & Homes For Sale in 47987
10 homes
- 1.6 ACRESBentley Real Estate, Active
- 3D VIEW0.42 ACRESStorm Spalding, Keller Williams Lafayette, IRMLS
- 1 ACREBentley Real Estate, Active
- NEW CONSTRUCTION3D VIEWLPT Realty, Active
- Chastin McTagertt, Legacy Land & Homes of Indiana, IRMLS
- Keller Williams-Morrison, Active
Real Estate & Homes For Sale Near 47987
We found 30 more homes matching your filters just outside 47987
- NEW - 1 HR AGOAUCTION0.94 ACRES
- NEW - 5 HRS AGOTaylor Real Estate Specialists, Active
- NEW - 18 HRS AGO10.17 ACRESMidwest Land Group, Active
- NEW - 1 DAY AGO0.27 ACRESLegacy Land & Homes of Indiana, Active
- 2 ACRESAllen Auction & Real Estate, Active
- 3D VIEW0.75 ACRESSkyler Viray, Trueblood Real Estate, IRMLS
- Nate Budreau, Rainbow Realty, IRMLS
- Tarisa Taylor, Legacy Land & Homes of Indiana, IRMLS
- Keller Williams Indpls Metro N, Active
- Legacy Land & Homes of Indiana, Active
- Ryan Dilley, Trueblood Real Estate, IRMLS
- Allen Auction & Real Estate, Active
- Ellen Hurst, Bender & Associates RE LLC, IRMLS
- Brian Craft, Warren Agency, IRMLS
- Dream Home Realty Group, LLC, Active
- Ferris Property Group, Active
- Ellen Hurst, Bender & Associates RE LLC, IRMLS
- Midwest Homes and Land, Active
- Brian Craft, Warren Agency, IRMLS
47987 Real Estate Trends
Learn about the 47987 housing market through trends and averages.Affordability of Living in 47987
| Month | Median home value |
|---|---|
| July 2025 | $180k |
| August 2025 | $181k |
| September 2025 | $182k |
| October 2025 | $183k |
| November 2025 | $185k |
| December 2025 | $187k |
| January 2026 | $189k |
| February 2026 | $192k |
| March 2026 | $195k |
| April 2026 | $197k |
| May 2026 | $199k |
| June 2026 | $199k |
Trends and affordability stats are provided by third party data sources.
Average Home Value in 47987, by Home Size
| Home Size | Home Value* |
|---|---|
| 3 bedrooms (See homes) | $204,481 |
| 4 bedrooms (See homes) | $273,439 |

Based on information submitted to the MLS GRID as of 2026-08-04 16:03:05 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.