506 E 5th St, Sheridan, IN 46069
Property image
Property image
OFF MARKET

$354,500

Trulia Estimate
  • 3 Beds
  • 1.5 Baths
  • 2,356 sqft (on 0.46 acres)

506 E 5th St, Sheridan, IN 46069

Est. Refi. Payment $2,197/mo*
Refinance Your Home
Currently Off Market - Sold Nov 24, 2021 for $265,000

Home Value

Trulia Estimate
$355K
Since last month
Decreased$6K (-1.6%)
Since last year
Increased$21K (+6.1%)
Since last sale
Increased$90K (+33.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +135% in the last 10 years
MonthEstimated value
2026
August 2026$355K
August 2026$355K
July 2026$360K
June 2026$359K
May 2026$355K
April 2026$350K
March 2026$338K
February 2026$336K
January 2026$329K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
507 E 8th St, Sheridan, IN
0.15
Single-Family Home
$300,000
09/10/26
2
2
3,110
202 S Linden Ln, Sheridan, IN
0.19
Single-Family Home
$260,000
05/19/26
3
1.5
1,642
103 S Hudson St, Sheridan, IN
0.25
Single-Family Home
$272,000
12/05/25
3
2
2,160
509 1/2 E 1st St, Sheridan, IN
0.32
Single-Family Home
$230,000
06/01/26
3
1.5
1,318
402 E 4th St, Sheridan, IN
0.12
Single-Family Home
$200,000
09/30/25
5
1.5
2,129
402 E 2nd St, Sheridan, IN
0.23
Single-Family Home
$220,000
01/06/26
2
1.5
3,162
24155 Hinesley Rd, Sheridan, IN
0.40
Single-Family Home
$300,000
04/24/26
3
2.5
2,112
103 Elm Ave, Sheridan, IN
0.53
Single-Family Home
$299,000
07/10/26
3
2
2,168
509 E 8th St, Sheridan, IN
0.15
Single-Family Home
$190,000
08/21/26
3
1
1,184
24145 Hinesley Rd, Sheridan, IN
0.39
Single-Family Home
$300,000
02/19/26
4
2
1,635

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
507 E 5th St, Sheridan, IN 46069
0.04
$305,900
3
2
3,547
Off Market
S, Sheridan, IN 46069
0.06
$216,200
2
2
1,218
Off Market
605 S Fanning St, Sheridan, IN 46069
0.12
$177,500
2
1
1,114
Recently Sold
402 E 4th St, Sheridan, IN 46069
0.12
$206,900
5
1.5
2,129
Off Market
507 E 8th St, Sheridan, IN 46069
0.15
$300,000
2
2
3,110
Recently Sold
509 E 8th St, Sheridan, IN 46069
0.15
$190,000
3
1
1,184
Recently Sold
404 E 7th St, Sheridan, IN 46069
0.14
$99,900
2
1
970
For Sale
402 E 6th St, Sheridan, IN 46069
0.13
$204,900
3
1
1,127
Off Market
506 E 8th St, Sheridan, IN 46069
0.18
$250,900
3
2
1,146
Off Market
307 E 5th St, Sheridan, IN 46069
0.15
$310,500
5
1
3,252
Off Market
803 S Hudson St, Sheridan, IN 46069
0.19
$245,500
3
1
1,320
Off Market
702 S Fanning St, Sheridan, IN 46069
0.17
$263,900
3
2
1,226
Off Market

Local Information

  • Map ViewExplore the area around 506 E 5th St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
0.46 acre lot
2,356 sqft
$150/sqft
Garage

About this House

Amazing opportunity for a Historic Home with modern renovations on almost a ½ acre in the heart of Sheridan on a dead end street. Enjoy having family and friends over to show off the newly renovated kitchen with solid surface countertops that opens to the Family Room. Want to enjoy the beautiful Fall days outside? The enclosed back porch opens into the Great Room making entertainment a breeze. Large bedrooms upstairs and plenty of storage space throughout including an unfinished attic space. Many updates including Bee windows, kitchen, bathroom, flooring, painting, garage door, sewer line to the road, roof, built in bookshelves and more!
506 E 5th St, Sheridan, IN 46069 is a 3 bedroom, 2 bathroom, 2,356 sqft single-family home built in 1920. It last sold for $265,000 on Nov 24, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $354,500, with a rent estimate of $1,661/month.

Home Details for 506 E 5th St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 8
Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1.5
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: StoneFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 0.46 acres

Price and Tax history

DateEventPrice
Nov 24, 2021
Source: MIBOR as distributed by MLS GRID #21817315
Sold
$265,000
Oct 7, 2021
Source: MIBOR as distributed by MLS GRID #21817315
Pending
$255,000
Oct 6, 2021
Source: MIBOR as distributed by MLS GRID #21817315
Listed For Sale
$255,000
Nov 20, 2002
Source: MIBOR as distributed by MLS GRID #2244401
Sold
$146,900

Market trends in Sheridan

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
57
2MoM

Around this home

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
    Flag
  • 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

LGBTQ Local Legal Protections

Frequently asked questions about 506 E 5th St

  • What is 506 E 5th St estimated to be worth?
    Trulia's estimated value for 506 E 5th St in Sheridan, IN is $354,500.
  • What is the price history for 506 E 5th St?
    506 E 5th St in Sheridan, IN last sold for $265,000 in November 2021.
  • Is Sheridan a buyer's or seller's market?
    Sheridan is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Sheridan?
    Residents describe Sheridan, IN as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Sheridan, IN.
  • Does 506 E 5th St have air conditioning?
    Yes, 506 E 5th St in Sheridan, IN has air conditioning.
  • How big is the lot at 506 E 5th St?
    The lot at 506 E 5th St in Sheridan, IN is about 0.46 acres (20,038 sq ft).

Explore by feature - Air Conditioning

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Off Market Homes Near 506 E 5th St

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