508 S Main St, Bourbon, IN 46504
OFF MARKET

508 S Main St
Bourbon, IN 46504

  • 2 Beds
  • 1 Bath
  • 1,116 sqft (on 0.38 acres)

$138,800

Trulia Estimate
as of Aug 18, 2026

$138,800

Trulia Estimate
as of Aug 18, 2026
2 Beds
1 Bath
1,116 sqft
(on 0.38 acres)

Home Value

Trulia Estimate
$139K
Since last month
Increased$3K (+2.2%)
Since last year
Increased$19K (+15.2%)
Since last sale
Increased$103K (+269.5%)
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 +111% in the last 10 years
MonthEstimated value
2026
August 2026$141K
July 2026$138K
June 2026$138K
May 2026$135K
April 2026$133K
March 2026$121K
February 2026$116K
January 2026$115K
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
516 S Main St, Bourbon, IN
0.05
Single-Family Home
$194,000
04/01/26
3
1
1,015
203 N Thompson St, Bourbon, IN
0.39
Single-Family Home
$99,900
12/01/25
2
1
853
404 E Center St, Bourbon, IN
0.37
Single-Family Home
$65,000
03/13/26
4
1
1,844
108 W Sunset Dr, Bourbon, IN
0.50
Single-Family Home
$156,000
10/07/25
2
1
1,212
301 E Center St, Bourbon, IN
0.36
Single-Family Home
$185,000
04/24/26
3
1
1,164
301 S Washington St, Bourbon, IN
0.20
Single-Family Home
$225,000
03/09/26
3
2
1,428
301 S Bourbon St, Bourbon, IN
0.18
Single-Family Home
$189,900
07/24/26
3
2.5
1,848
446 E Center St, Bourbon, IN
0.58
Single-Family Home
$255,000
06/30/26
3
1
1,403
505 Lincoln St, Bourbon, IN
0.63
Single-Family Home
$197,500
12/03/25
3
1
1,576
301 E North St, Bourbon, IN
0.42
Single-Family Home
$189,000
02/25/26
3
2
1,504

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
516 S Main St, Bourbon, IN 46504
0.05
$194,000
3
1
1,015
Recently Sold
508 S Bourbon St, Bourbon, IN 46504
0.13
$261,900
2
2
1,040
Off Market
532 S Main St, Bourbon, IN 46504
0.14
$178,400
2
1
2,213
Off Market
206 W Clay St, Bourbon, IN 46504
0.14
-
3
1
1,056
Off Market
308 S Washington St, Bourbon, IN 46504
0.14
$168,600
4
1
1,596
Off Market
307 S Washington St, Bourbon, IN 46504
0.16
-
-
-
-
Off Market
301 S Bourbon St, Bourbon, IN 46504
0.18
$189,900
3
2.5
1,848
Recently Sold
204 W Jackson St, Bourbon, IN 46504
0.20
$228,200
3
2
1,440
Off Market
301 S Washington St, Bourbon, IN 46504
0.20
$225,000
3
2
1,428
Recently Sold
301 W Quad St, Bourbon, IN 46504
0.24
$171,000
2
1
1,129
Off Market
202 W Center St, Bourbon, IN 46504
0.32
$135,000
4
2
2,056
Recently Sold
206 W Center St, Bourbon, IN 46504
0.32
$233,800
4
2.5
2,617
Off Market

Local Information

  • Map ViewExplore the area around 508 S Main St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1920
Lot Size
0.38 acres
Living Area
1,116 sqft
Price/Sqft
$124
Parking
Garage

About this House

Nice two bedroom home ,close to the downtown area. Needs some TLC, but you could make it your own! Must see to appreciate. Make an offer!
508 S Main St, Bourbon, IN 46504 is a 2 bedroom, 1 bathroom, 1,116 sqft single-family home built in 1920. It last sold for $38,269 on Nov 20, 2012. It is currently off market. The Trulia Estimate is $138,800, with a rent estimate of $1,115/month.

Home Details for 508 S Main St

Interior Features

Interior Details
BasementAtticNumber of Rooms: 6
Heating & Cooling
Heating: OtherHeating Fuel: Other
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: AsphaltFoundation Type: Crawl Raised
Parking & Garage
GarageParking: Garage Detached

Property Information

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

Lot Information

Lot Area: 0.38 acres

Price and Tax history

DateEventPrice
Nov 20, 2012
Source: N/A
Sold
$38,269
Sep 22, 2011
Source: N/A
Sold
$36,000
Jan 23, 2011
Source: Agent Provided
PriceChange
$46,000
Price decreased by 18%
May 30, 2010
Source: Agent Provided
Listed For Sale
$56,000

Market trends in Bourbon

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
7
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Around this home

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 Bourbon

At least 10 Trulia users voted on each feature.

  • 100 % Say yards are well-kept

  • 94 % Say parking is easy

  • 92 % Say it's dog friendly

  • 92 % Say people would walk alone at night

  • 91 % Say car is needed

  • 88 % Say there are community events

  • 87 % Say it's walkable to restaurants

  • 86 % Say there's holiday spirit

  • 77 % Say there are sidewalks

  • 76 % Say kids play outside

  • 68 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 50 % Say it's quiet

  • 44 % Say it's walkable to grocery stores

  • 36 % Say streets are well-lit

  • 31 % Say there's wildlife

Sourced by Trulia users. Learn more about our methodology.
  • Kerrigan_smith
    "No public transit. Everything is in within walking distance. Roads are well paved. Not many holes. Walking distance for everything. "
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  • Tina S.
    "Most dogs are in enclosed areas or at least chained up. Some of my neighbors have dogs that are constantly barking, it can be a problem when walking your dog in the neighborhood. There is two or three parks here and one of them even has an adjacent dog park that is enclosed. I haven't heard of any dogs getting loose and biting anyone, seriously that is. "
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  • Tina S.
    "I've lived in this neighborhood for about three years and the folks here are quiet but friendly. I would recommend this area to anyone looking for peace and quiet. "
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  • Tina S.
    "we have several high school events, there is food truck Friday. there are several garage sales throughout the spring and summer. trick or treating on Halloween. there are churches that host parties in the park. the area here is safe and I feel like the entire neighborhood looks after everyone's kids and houses."
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  • Tina S.
    "my neighborhood is convenient to local roads. the neighbors are nice and friendly. the school is close by and I am happy to be living in this area again. it is a quiet community with a friendly atmosphere. I love having a garden, a yard and ample room to spread out. walking through my neighborhood is safe and relaxing. "
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  • Saramcrooks
    "Small town but close enough to things you need. Everyone greets each other with a smile and hello. So many great people!"
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  • Just S.
    "If I would recommend it to anyone it would be family w/ kids. But would I recommend it in the end? NO WAY! They take small town gossip to the next level! Not to mention it isn't very pet friendly, but on the up side to that they do have a local vet. Which is an up side in general, they have a local dentist and family doctor. They do have a couple shops nearby (ex family dollar) but I would not recommend them. I wouldn't recommend the restaurants either for that matter,.... The only part I liked about living there is I didn't have to own a car. Everything was w/in walking distance, very much a plus for me."
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Apartments for Rent

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Homes for sale near 508 S Main St

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Off Market Homes Near 508 S Main St

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Frequently asked questions about 508 S Main St

  • What is 508 S Main St estimated to be worth?
    Trulia's estimated value for 508 S Main St in Bourbon, IN is $138,800.
  • What is the price history for 508 S Main St?
    508 S Main St in Bourbon, IN last sold for $38,269 in November 2012.
  • Is Bourbon a buyer's or seller's market?
    Bourbon is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Bourbon?
    Residents describe Bourbon, IN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Bourbon, IN.
  • How big is the lot at 508 S Main St?
    The lot at 508 S Main St in Bourbon, IN is about 0.38 acres (16,552 sq ft).
  • Does 508 S Main St have a garage?
    Yes, 508 S Main St in Bourbon, IN has a garage.