Frequently Asked Questions

Are house prices dropping in Bourbon?

The house prices in Bourbon are indeed dropping at the moment. There has been a decrease in price of $52,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

What is the housing market like in Bourbon at this time?

The housing market and house prices in Bourbon are going down. The average house price is $329,500.00 and the average price per square feet is $193.49 per square foot. At the moment, there are 45 homes listed - 5 active, 3 pending, and 37 sold in Bourbon.

What is the most popular place to buy a house in Bourbon?

The most popular place to buy a home in Bourbon is . has the most properties listed and appears to have the highest demand.

What is the amount of property taxes you have to pay for a house in Bourbon?

The average amount of property taxes you would have to pay for a home in Bourbon is $1,709.70. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.

How fast are houses listed in Bourbon being sold?

Properties in Bourbon stay on the market for an average of 73 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.

How often are houses listed for sale in Bourbon?

The last home listed in Bourbon was 7066 minutes ago.

Can you visit houses in Bourbon?

Currently, there are 0 open houses available for viewing in Bourbon.

What is the most expensive house in Bourbon?

The cost of the most expensive home in Bourbon is $539,500.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.

What is the cheapest house in Bourbon?

The cost of the cheapest home in Bourbon is $239,900.00. Buying a cheaper home can keep payments low and leave room for customization.

How old are the homes in Bourbon?

The oldest home in Bourbon was built in 1960, and the newest in 2008.

How big are the homes in Bourbon?

The average property size in Bourbon is 1775.4 sq.ft., the largest being 2601 sq.ft., and the smallest being 1319 sq.ft.

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Active

Open House : Wed, 5pm - 6pm

$245,000

Name: Open House
Start: 2026-07-08T21:00:00.000Z
End: 2026-07-08T22:00:00.000Z
Location: 1027 12Th Road

3 Beds

2 Baths

1,953 Sq. Ft.

1027 12Th Road, Bourbon, IN, 46504-9682

Est. Payments: $0/mo

Residential

Built in 1900

4 days on Site

2.7 Lot Size

Central Air

Gas, Forced Air

Additional Details

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Description

Charming 3-bedroom, 1.5-bath farmhouse situated on 2.7 acres north of US 30. This beautifully landscaped property features a spacious carport, side porch, and partially finished basement. The parcel includes a large bank barn with partial concrete floors and hay mound, offering excellent storage or hobby farm potential. Property will be s...

Source: IRMLS as distributed by MLS GRID, MLS ID: 202625684

Listing provided courtesy of Anna Gilsinger 574-269-6911 with RE/MAX Results

Last Updated: 6/29/2026 | 4:28 PM

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About the Neighborhood

Zip Code 46504, Indiana, located in Marshall County, provides convenient access to nearby highways for quick travel throughout the region. Parking availability is typically ample, making vehicle use simple and practical. The neighborhood offers a variety of housing options, including mostly single detached homes built around 1972, with many featuring three or more bedrooms, suited for various living arrangements. Education needs are well-covered with accessible public and private schools within reachable distances. The area features quiet streets and a peaceful atmosphere, creating a serene environment throughout. Limited yet pleasant pockets of cycling paths offer outdoor options, contributing to diverse outdoor experiences.

Learn more about

Bourbon Market Report

Avg. Days on Market

Avg. Price Per Sq. Ft.

149.8

Median List Price

$225,000

Homes Listed

Frequently Asked Questions

Contact Agent

Tucker Customer Care

F.C. Tucker Company, Inc.

(317) 954-4768

Schedule a Video Tour

Find your perfect home from anywhere. Schedule a personalized video tour with our expert agents for a real-time walkthrough and answers to all your questions.

Type	Dimensions	Level
Master Bedroom	12 x 15	Main
2nd Bedroom	12 x 15	Upper
3rd Bedroom	12 x 15	Upper
Kitchen	15 x 12	Main
Family Room	35 x 15	Basement
Dining Room	12 x 15	Main
Living Room	20 x 15	Main