Market snapshot
This report covers ZIP 47460, Spencer, IN. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 47460
In the last 12 months, 2 properties in ZIP 47460 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $107K in gross margin before rehab, carrying, and closing costs, with a median hold time of 326 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | HB7 LLC | 1 |
| 2 | TUCKER HARRY | 1 |
Recent example
1198 N US HIGHWAY 231, SPENCER, IN, 47460 · HB7 LLC
Bought $54,000, sold $171,564 (+$118K), held 254 days.
Recent investor purchases in ZIP 47460
6 investor purchases in ZIP 47460 in the last 6 months, at a median price of $319K. 33% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Sep 9, 2026 | 1120 CEDAR LN | OC RENTALS LLP | $99K | Financed |
| Aug 5, 2026 | 359 S EAST ST | WAGNER PROPERTY GROUP LLC | $319K | Financed |
| Aug 4, 2026 | 1138 N US HIGHWAY 231 | NEWREZ LLC | $147K | Cash |
| Aug 4, 2026 | 71 PHYLLIS DR | NEWREZ LLC | $216K | Cash |
| Jul 28, 2026 | 651 WHITE OAK RD | OC DEVELOPMENT LLC | $385K | Financed |
| Jul 28, 2026 | WHITE OAK RD DR | OC DEVELOPMENT LLC | $385K | Financed |
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See every flip in 47460, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
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About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.