The story of this market
The typical home in ZIP 47036 sells for about $325,000, or $165 per square foot.
Prices are up +1.6% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $863 a month.
ZIP 47036 — Oldenburg
The housing market in 47036 remains stable with low inventory and steady demand, reflecting a seller-favored environment. Prices have seen modest year-over-year growth, supported by the area's appeal to families and proximity to regional employment hubs.
This ZIP is ideal for families and individuals seeking a quiet, small-town lifestyle with access to high-quality schools and a manageable commute to regional employment hubs.
Median prices moved up 1.6% year over year.
Homes spend a median of 40 days on market with 1.6 months of supply — a fast-moving market.
12% of listings have cut prices · homes sell at 100.1% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 13.9% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.4%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 47036, Franklin County IN
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Oldenburg is a small, rural community with very low reported crime rates, significantly lower than both state and national averages.
The area is served by the Batesville Community School Corporation, which is highly regarded for its academic performance and extracurricular programs.
The region faces moderate risks from severe thunderstorms and occasional high winds, with standard flood insurance recommended for properties near local creek beds.
Economic momentum is driven by proximity to the Batesville manufacturing hub, with steady demand for housing from local professionals and families.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Indiana) — Ad Valorem Property Assessment: Property is assessed at 100% of true tax value, determined by market-based assessment systems and annual adjustments. State (Indiana) — Standard Homestead Deduction: Removes the first $45,000 of the homestead's assessed value from taxation. State (Indiana) — Indiana Property Tax Caps (Circuit Breaker): Limits annual property tax liability to 1% of gross assessed value for principal residences, 2% for other residential property, and 3% for non-residential property.
Commuting is primarily car-dependent, with residents typically driving to nearby Batesville or commuting toward the Cincinnati or Indianapolis metro areas via I-74.
The area features access to local parks and rural trails, with proximity to the larger recreational amenities and shopping districts in the neighboring city of Batesville.
The rental market is limited in depth due to the small size of the community, with low vacancy pressure and a high share of long-term residential leases.
The local economy is anchored by manufacturing and agricultural sectors, with significant employment provided by major firms in the nearby Batesville area.
Development is primarily focused on small-scale residential infill and the preservation of the historic character of the town.
Parcels are subject to Franklin County property tax levies and the Batesville Community School Corporation district taxes.
Property insurance premiums are generally stable, reflecting the low-hazard, rural nature of the geography.
Data retrieved from data.census.gov for ZCTA 47036.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Community park providing green space and local recreational facilities.
Known for its historic German architecture and cultural heritage.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.