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Single Family ResidenceResidential
$330,270$171 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 89How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

7227 STATE ROUTE 56 W

RISING SUN, IN 47040
3
Beds
2.5
Baths
1,936 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
3.99 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
6
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
2
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$330K
$294K low$367K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$230,270
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$184,216
Loan-to-ValueHow much is still owed on the home compared to what it is worth. 80% means loans equal 80% of our estimate, so it shifts when the estimate does.29%
1st MortgageA loan still believed to be open on this home, in the order lenders get repaid. The first position is paid back before the second.$100,000
MAINSOURCE BANK · recorded May 16, 2011

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$2,924 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$387,500 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$49,900
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$337,600
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$324,900
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$387,500

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.41
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
80
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
87
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
13
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyOHIO
Lot (acres)The size of the land the home sits on, from county records.3.99
ConstructionThe main material the home's frame and walls are built from.Brick
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Ohio County Middle SchoolC-
Middle · Grades 6–8 · 6.0 mi
E
Ohio County Elementary SchoolB-
Elementary · Grades PK–5 · 6.0 mi
H
Rising Sun High SchoolB-
High · Grades 9–12 · 6.1 mi

District: Rising Sun-Ohio County Community Schools

Neighborhood · ZIP 47040These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.107
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.205
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.41

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.90%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.10%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.11%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.3%
PopulationHow many people live in this area.5,495
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.85 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$61,638
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$80,980
Average tempThe average temperature here across a full year.54°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

7227 State Route 56 W measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 81% of homes in Rising Sun 47040
  • Costs more per square foot than 66% of homes in Rising Sun 47040
  • Bigger than 72% of homes in Rising Sun 47040
  • Has a bigger lot than 65% of homes in Rising Sun 47040
  • Newer than 79% of homes in Rising Sun 47040

What homes are worth in Rising Sun 47040

Each bar is how many homes fall in that price range. The marker is this home.

This home
$106K$539K

This home is worth more than 81% of homes in Rising Sun 47040.

How it measures up in Rising Sun 47040

The dot is this home. The mark in the middle is the typical home in Rising Sun 47040.

Estimated value$330,270
CheaperTypical $230,459Pricier

Pricier than 81% of homes nearby

Price per ft²$171
CheaperTypical $151Pricier

Pricier than 66% of homes nearby

Living area1,936 ft²
SmallerTypical 1,539 ft²Bigger

Bigger than 72% of homes nearby

Lot size3.99 ac
SmallerTypical 2.01 acBigger

Bigger than 65% of homes nearby

Year built2001
OlderTypical 1980Newer

Newer than 79% of homes nearby

How 7227 State Route 56 W ranks against every home in each area.
MeasureThis homeRising Sun 47040Ohio County
Estimated valuepricier than$330,27081% of homes74% of homes
Price per ft²pricier than$17166% of homes60% of homes
Living areabigger than1,936 ft²72% of homes70% of homes
Lot sizebigger than3.99 ac65% of homes58% of homes
Year builtnewer than200179% of homes79% of homes

About 7227 State Route 56 W

How much is 7227 State Route 56 W, Rising Sun, IN worth?

The TopHap Estimate for 7227 State Route 56 W, Rising Sun, IN is $330,270 as of Jul 14, 2026. The likely range is $293,907 to $366,633. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 7227 State Route 56 W, Rising Sun, IN last sell?

7227 State Route 56 W, Rising Sun, IN last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 7227 State Route 56 W, Rising Sun, IN?

7227 State Route 56 W, Rising Sun, IN has 3 bedrooms, 2.5 bathrooms, 1,936 square feet of living space and a 3.99-acre lot.

When was 7227 State Route 56 W, Rising Sun, IN built?

7227 State Route 56 W, Rising Sun, IN was built in 2001, making it 25 years old. The building has 1 story.

What schools serve 7227 State Route 56 W, Rising Sun, IN?

7227 State Route 56 W, Rising Sun, IN is assigned to Ohio County Middle School (middle), rated C-; Ohio County Elementary School (elementary), rated B-; Rising Sun High School (high), rated B-. All sit in Rising Sun-Ohio County Community Schools. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 7227 State Route 56 W, Rising Sun, IN compare to other homes in Rising Sun 47040?

Among the 2,094 homes in Rising Sun 47040, it is worth more than 81% of them ($330,270 against a typical $230,459), its price per square foot is higher than 66% of them ($171 against a typical $151), it is bigger than 72% of them (1,936 ft² against a typical 1,539 ft²), its lot is bigger than 65% of them (3.99 ac against a typical 2.01 ac) and it is newer than 79% of them (2001 against a typical 1980). Measured against all of Ohio County, it is worth more than 74% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 7227 State Route 56 W, Rising Sun, IN?

The 2025 property tax bill for 7227 State Route 56 W, Rising Sun, IN was $2,924. The county assessed it at $387,500.

More homes on State Route 56 W

Closest homes

More homes in Rising Sun 47040

Assigned schools

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