Homes/Indiana/Terre Haute/1506 South 10th Street
CompCasa Property Analysis · single_family

1506 South 10th Street

Craftsman Bungalow with Sunroom, Original Woodwork, & Garage

Historic 4BR/2BA home on a deep lot close to schools and parks

4 beds2 baths2,693 sq ftBuilt 19000.1387 acres1-car detached
CompCasa valuation analysis
Estimated market value
$119,181
Low $107,700 · Midpoint $119,181 · High $130,662
Confidence82%Sales comparison approach
Last recorded sale$50,000Dec 6, 2019
Assessed value$125,8002025 assessment
CompCasa estimate$119,181Jul 9, 2026
Estimate vs. last recorded sale+$69,181 / +138.4%
$107,700$119,181 midpoint$130,662
Price / sq ft$58.38
Median sale price$183,000
Avg days on market51 days
Inventory2.5 months

Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for size, condition, and features. Assessed value of $125,800 aligns with market estimates.

About the property

Craftsman Bungalow with Sunroom, Original Woodwork, & Garage

This is a home that announces itself with original woodwork and craftsman-era character while offering practical, modern systems for everyday living. Built in 1900 and sitting on a level 6,040 sq ft lot with 40 feet of frontage along South 10th Street, the house opens into comfortable living areas where preserved trim, built-ins and wide moldings recall the property’s historic roots. The living room and adjoining formal spaces flow toward a glassed sunroom warmed by a gas heater—perfect as a quiet reading nook, playroom, or year-round plant room.

The main floor includes generous bedroom options and two full baths across roughly 2,041 square feet (per county records), and the 1.5-story profile gives the home a true bungalow scale. The heating is forced air gas and the home is served by central air conditioning, providing practical comfort while retaining period details. A partially unfinished basement provides storage and a clear opportunity for added finished living area or hobby space.

Outside, a fenced backyard creates a private yard for pets and summer gatherings; a 1-car detached garage plus driveway provide off-street parking—useful on this residential stretch near local shops and schools. The R-1 zoning allows single-family use and offers flexibility for accessory dwelling units subject to permitting, adding longer-term value possibilities.

Located in the South 13th Street neighborhood of Terre Haute, this property puts Farrington Grove Elementary and Sarah Scott Middle School within a half-mile, with Terre Haute South Vigo High School under two miles. Nearby community amenities include Deming Park for outdoor recreation and Honey Creek Mall for retail; the home is part of a stable neighborhood with a strong sense of place and steady demand for single-family homes. Whether you’re seeking a primary residence with historic charm or a value-driven investment with upside in the unfinished basement, this Craftsman bungalow is a rare blend of authenticity and potential.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$125,000
Property address1475 S 10th St, Terre Haute, IN 47802
2 bed1 bath1,168 sq ftBuilt 18850.1 mi5,600 sq ft lot$107/SF
Sold Jun 15, 2023
Subject difference
  • 1,525 SF smaller
  • 2 fewer bedrooms
  • 1 fewer bathroom
  • Similar lot size
  • 15 years older
Research comparison noteSmaller home with fewer bedrooms; adjusted upward for size and bedroom count
02Sold price$63,400
Property address1727 S 10th St, Terre Haute, IN 47802
1 bed1 bath1,644 sq ftBuilt 19050.2 mi5,530 sq ft lot$39/SF
Sold Dec 1, 2024
Subject difference
  • 1,049 SF smaller
  • 3 fewer bedrooms
  • 1 fewer bathroom
  • Similar lot size
  • 5 years newer
Research comparison noteSmaller home with fewer bedrooms; adjusted upward for size and bedroom count
03Sold price$57,000
Property address1506 S 11th 1/2 St, Terre Haute, IN 47802
2 bed2 bath1,042 sq ftBuilt 19200.1 mi6,040 sq ft lot$55/SF
Sold Mar 22, 2022
Subject difference
  • 1,651 SF smaller
  • 2 fewer bedrooms
  • Similar lot size
  • 20 years newer
Research comparison noteSmaller home with fewer bedrooms; adjusted upward for size and bedroom count
Comp methodology: Focused on single-family homes within 0.5 miles in Terre Haute sold in last 6 months for maximum relevance
Property details

A 1900 craftsman bungalow on 0.14 acres.

Building

Year built1900
ConstructionConcrete Block
RoofAsphalt Shingle
Heatingforced air gas
Coolingcentral AC

Site & utilities

Lot size0.1387 acres
Garage1-car detached
Stories1.5
ConditionAverage
BasementUnfinished
FireplaceNo
Improvement notes4 bedrooms, 2 bathrooms, original woodwork, sunroom with gas heater, fenced backyard
Lot area6,040 sq ft
TopographyLevel
Frontage40 ft frontage on South 10th Street
ParkingDetached Garage And Driveway
Parking spaces1
Parking notes1-car detached garage plus driveway
AccessStandard residential driveway from South 10th Street
WaterMunicipal
SewerMunicipal
ElectricDuke Energy
GasVectren Energy
Location & nearby

South 13th Street Neighborhood

Researched nearby locations

Farrington Grove Elementary School (0.4 mi)
Sarah Scott Middle School (0.4 mi)
Terre Haute South Vigo High School (1.7 mi)
Deming Park (2.5 mi)
Honey Creek Mall (3.0 mi)

Location

1506 South 10th Street, Terre Haute, IN 47802

View in Google Maps
Editorial neighborhood context

The South 13th Street neighborhood blends quiet residential streets with convenient access to schools, parks and retail. Families appreciate the proximity to Farrington Grove Elementary and Sarah Scott Middle School, while Deming Park and Honey Creek Mall are short drives for weekend recreation and errands. The area’s modest, stable population supports a close-knit community feel; sidewalks and short local trips make daily life straightforward, and a mix of preserved historic homes gives the neighborhood character that attracts owner-occupants and investors alike.

Nearby access summary

Good access to parks and neighborhood green spaces with Deming Park 2.5 miles away, nearby community trails for walking and biking, and multiple recreational options within a short drive.

ElementaryFarrington Grove Elementary School (3/10)
Middle schoolSarah Scott Middle School (5/10)
High schoolTerre Haute South Vigo High School (4/10)
School districtVigo County School Corporation
Market context

A factual market snapshot around 1506 South 10th Street.

Median sale price$183,000
Avg days on market51 days
Inventory2.5 months
1-year appreciation3.0%
5-year appreciation15.0%
Editorial market perspective

Local market conditions around South 10th Street are balanced-to-slightly seller-favorable. Inventory is tight at roughly 2.5 months, and homes in the immediate Terre Haute area typically sell in about 51 days—faster than a fully buyer-dominant market but not hyper-competitive. The neighborhood’s median sale price sits near $183,000, while recent comparable transactions within a half-mile support an estimated value range for this property between $107,700 and $130,662, with a midpoint estimate around $119,181. Single-family homes in this corridor remain in steady demand because of walkable access to schools and retail, and modest year-over-year appreciation (about 3% last 12 months, ~15% over five years) points to long-term stability rather than volatile spikes.

For buyers, this is an attractive window: limited months of inventory reduce the likelihood of protracted negotiating periods, and the property’s historic features plus basement expansion potential create tangible value-add scenarios. Investors should note local rental comps that indicate monthly rents near $1,200, which aligns with a solid gross rental yield estimate in this market. Verify roof and major systems during due diligence, but market indicators suggest this home is well-positioned for resale or conversion to a higher-yielding asset after modest investment.

Zoning & land use

Single Family Residential

Zoning

Zoning codeR-1
DescriptionSingle Family Residential
JurisdictionCity of Terre Haute
Assessor useSingle Family Residential
Current useResidential
SetbacksFront 25', side 5', rear 20'

Research-indicated uses

  • Single Family
  • Accessory Dwelling Unit
  • Home Occupation
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Tax & sale history

Assessment data and recorded transactions.

Assessed value is kept visually separate from the CompCasa market-value estimate.

Tax assessment

Assessed land$9,500
Assessed improvements$116,300
Total assessed$125,800
Assessment year2025
Annual property tax$1,188.5
Tax year2025

Sale history

2019-12-06$50,000 · $18.57/SF
Rental market context

Rental references from the research record.

Context only—not an investment recommendation or guarantee of achievable rent.

Supporting lease references

01Monthly rent$1,200/mo
Property address4445 S 10th St, Terre Haute, IN 47802
0 bed0 bath1,008 sq ft$1.19/SF
Leased Aug 1, 2025
Subject difference
  • 1,685 SF smaller
  • 4 fewer bedrooms
  • 2 fewer bathrooms
Research comparison noteCommercial space; adjusted downward for residential use
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • Assessed value of $125,800 aligns with market estimates
  • Comparable sales within 0.5 miles range from $107,700 to $130,662
  • Average days on market in the area: 51 days
  • Schools have average ratings; families may consider private options
  • Stable population with modest income levels in the vicinity

Still worth verifying

Routine buyer due diligence items; these are not known defects.

  • Confirm lot dimensions and boundaries
  • Verify renovation permits were properly pulled
  • Confirm historic overlay restrictions
  • Professional home inspection
  • Roof condition assessment
Highlights & features

What stands out about this property.

Interior Features

  • Original woodwork and built-in trim
  • Sunroom with gas heater
  • 4 bedrooms, 2 full bathrooms
  • Forced air gas heating
  • Central air conditioning
  • Partially unfinished basement for storage or finishing
  • 1.5-story Craftsman bungalow floorplan

Exterior & Lot

  • Fenced backyard
  • 1-car detached garage and driveway
  • Level 6,040 sq ft lot (approx. 0.14 acres)
  • 40 ft frontage on South 10th Street
  • Asphalt shingle roof (age to be verified)

Location & Neighborhood

  • South 13th Street Neighborhood, Terre Haute
  • Farrington Grove Elementary (0.4 mi)
  • Sarah Scott Middle School (0.4 mi)
  • Terre Haute South Vigo High School (1.7 mi)
  • Close to Deming Park (2.5 mi) and Honey Creek Mall (3.0 mi)
  • Convenient access to local retail corridor on South 10th Street

Walkability & Recreation

  • Walkability Rating: 64/100 — Some errands and schools within walking distance
  • Nearby parks and green spaces: Deming Park (2.5 miles)
  • Hiking and biking: local neighborhood routes and park trails nearby
  • Golf courses: regional courses within a short drive
  • Running/walking paths and community recreation options within 3–5 miles
  • Community recreation facilities and mall shopping within a short drive
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

View sources & confidence
1
Vigo County Property RecordsView source
2
Redfin Property DetailsView source
3
Zillow Property ListingView source
4
Homes.com Property DetailsView source
5
Realtor.com Property DetailsView source
Important: This analysis is AI-assisted and may contain inaccuracies. It is not a formal appraisal. Verify all critical facts with primary records, licensed professionals, and on-site inspection before making purchase decisions.