Investor opportunity in the growing Charlestown market where demand for workforce housing and rentals remains strong. 9508 Falcon Road is a 3-bedroom, 2-bath home with a layout that appeals to a broad tenant base, offering functional living space that fits both families and long-term renters. The property includes a detached garage, adding practical value for storage or parking, along with a fenced yard that enhances privacy and tenant appeal—features that are consistently sought after but not always common at this price point. The subject fits squarely into a value-add category, where modest improvements can significantly impact rental income or resale potential.
For sale
$125,000
8508 Falcon Road, Charlestown, IN 47111
3beds
1,131sqft
Est.:
Single Family Residence
Built in 2007
9,626.76 Square Feet Lot
$219,300 Zestimate®
$111/sqft
$-- HOA
What's special
Detached garageFunctional living space
- 3 days |
- 640 |
- 52 |
Zillow last checked: 7 hours ago
Listing updated: 9 hours ago
Listed by:
George Green,
GreenTeam Real Estate Service
Source: SIRA,MLS#: 202607267
Originating MLS: Southern Indiana REALTORS Association
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Laundry: Main Level, Laundry Room
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,131
- Total interior livable area: 1,131 sqft
- Finished area above ground: 1,131
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage Faces Front, Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 9,626.76 Square Feet
Details
- Parcel number: 42000780070
- Zoning: Residential
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: One Story
- Property subtype: Single Family Residence
Materials
- Foundation: Crawlspace
Condition
- Resale
- New construction: No
- Year built: 2007
Utilities & green energy
- Sewer: Public Sewer
- Water: Connected, Public
Community & HOA
Location
- Region: Charlestown
Financial & listing details
- Price per square foot: $111/sqft
- Tax assessed value: $131,200
- Annual tax amount: $1,290
- Date on market: 4/8/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$219,300
$206,000 - $230,000
$1,696/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $125,000$111/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,256 -5.2% | $131,200 +3.3% |
| 2024 | $1,325 -13.6% | $127,000 -0.4% |
| 2023 | $1,533 +19.1% | $127,500 -4.5% |
| 2022 | $1,287 -4.8% | $133,500 +14.6% |
| 2021 | $1,351 -2.1% | $116,500 -0.9% |
| 2020 | $1,380 -5.7% | $117,600 -1.2% |
| 2019 | $1,464 +2.3% | $119,000 +0.1% |
| 2018 | $1,431 +1.2% | $118,900 -0.9% |
| 2017 | $1,414 | $120,000 |
| 2016 | $1,414 +4.4% | $120,000 -2.4% |
| 2014 | $1,354 +3.5% | $122,900 +2.1% |
| 2013 | $1,308 +160.2% | $120,400 +36.5% |
| 2012 | $503 +16825.9% | $88,200 +44000% |
| 2011 | $3 +16% | $200 |
| 2010 | $3 | $200 |
Find assessor info on the county website
Climate risks
Neighborhood: 47111
Nearby schools
GreatSchools rating
- 7/10Jonathan Jennings Elementary SchoolGrades: 3-5Distance: 3.5 mi
- 8/10Charlestown Middle SchoolGrades: 6-8Distance: 2.8 mi
- 5/10Charlestown Senior High SchoolGrades: 9-12Distance: 4.1 mi
Local experts in 47111
- Indiana
- Clark County
- Charlestown
- 47111
- 8508 Falcon Road




