502 E 7th St, Sheridan, IN 46069
Property image
Property image
OFF MARKET

502 E 7th St
Sheridan, IN 46069

  • 3 Beds
  • 1 Bath
  • 5,409 sqft (on 1 acre)

$235,100

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,446/mo*
Refinance Your Home

$235,100

Trulia Estimate
as of Jul 8, 2026
Est. Refi. Payment $1,446/mo*
Refinance Your Home
3 Beds
1 Bath
5,409 sqft
(on 1 acre)

Local Information

  • Map ViewExplore the area around 502 E 7th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Low maintenance senior housing community with strong positive cash flow...An excellent investment combination. Eighteen 1 bdrm/1bath units that features large family rm, kitchen & bedroom on 1 level. Rural development subsidized with excellent rental history. Financial available upon request. Price includes a capital reserve of over $100,000. Clubhouse & common laundry on site.
502 E 7th St, Sheridan, IN 46069 is a 3 bedroom, 1 bathroom, 5,409 sqft single-family home built in 1981. It last sold for $79,900 on Aug 13, 2008. It is currently off market. The Trulia Estimate is $235,100, with a rent estimate of $1,698/month.

Home Highlights

Parking
No Info
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 502 E 7th St

Interior Features

Heating & Cooling
Heating: OtherAir ConditioningCooling System: CentralHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 5

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised

Property Information

Year Built
Year Built: 1981
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 1 acre

Price History for 502 E 7th St

DatePriceEventSource
05/01/2009$499,000ListingRemovedAgent Provided
08/13/2008$79,900Sold
MIBOR as distributed by MLS GRID #2817829
06/10/2008$499,000Listed For SaleAgent Provided

Market trends in Sheridan

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
49
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Property Tax and Assessment

Year2025
Tax$1,050
Assessment$118,800
Home facts updated by county records

Comparable Sales for 502 E 7th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
402 E 6th St, Sheridan, IN
0.12
Single-Family Home
$198,000
08/25/25
3
1
1,127
307 E 5th St, Sheridan, IN
0.20
Single-Family Home
$300,000
08/15/25
5
1
3,252
2740 W 236th St, Sheridan, IN
0.34
Single-Family Home
$195,000
08/27/25
3
2
1,333
308 E 8th St, Sheridan, IN
0.11
Single-Family Home
$185,000
12/05/25
2
1
1,072
605 S Fanning St, Sheridan, IN
0.08
Single-Family Home
$177,500
11/19/25
2
1
1,114
405 E 9th St, Sheridan, IN
0.11
Single-Family Home
$170,000
11/04/25
3
2
1,164
202 S Linden Ln, Sheridan, IN
0.31
Single-Family Home
$260,000
05/19/26
3
1.5
1,642
900 S Sheridan Ave, Sheridan, IN
0.52
Single-Family Home
$153,000
11/10/25
3
1
1,436
506 S California St, Sheridan, IN
0.45
Single-Family Home
$100,032
03/03/26
2
1
1,008
401 W 3rd St, Sheridan, IN
0.58
Single-Family Home
$165,000
02/20/26
3
2
1,716

Nearby homes

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Assigned Schools

These are the assigned schools for 502 E 7th St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Sheridan

At least 19 Trulia users voted on each feature.

  • 100 % Say parking is easy

  • 90 % Say yards are well-kept

  • 80 % Say it's dog friendly

  • 79 % Say car is needed

  • 78 % Say kids play outside

  • 75 % Say people would walk alone at night

  • 63 % Say there's holiday spirit

  • 59 % Say neighbors are friendly

  • 59 % Say it's quiet

  • 58 % Say it's walkable to restaurants

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say there are community events

  • 52 % Say there are sidewalks

  • 50 % Say there's wildlife

  • 34 % Say it's walkable to grocery stores

  • 32 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Rebecca Schaefer
    "Lived here two years and know no one and I have made an effort. Neighbors do not engage with one another. There are community activities but they are mostly for children not any for senior citizens "
    0
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  • Farmingprincess
    "I see people walking their dogs all the time. There are many beautiful places to do so. I think people feel safe and welcomed. "
    0
    Flag
  • Smith.t.m.1974
    "this school education system is not very supportive of helping children that need extra attention.... pass them so they don't have to deal with them."
    2
    Flag
  • Heather M.
    "Peaceful in the country and everyone in town very friendly and helpful. It has everything you need but not too much to make it feel as a suburb. I love the country feel with all the necessities."
    0
    Flag

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7 rentals with air conditioning in Sheridan, IN

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Homes for sale near 502 E 7th St

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Off Market Homes Near 502 E 7th St

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