NOT LISTED FOR SALE

1124 N State Road 3 Lexington, IN 47138

Estimated Value: $109,490 - $184,000

2 Beds
1 Bath
776 Sq Ft
$188/Sq Ft Est. Value

Last Sold June 23, 2023

Last sale price $79,000 $102 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $833/month

3 Days on Market

About This Home

As of June 2023

Rare opportunity to own a small home on 6 acres at the intersection of two busy highways. Property in need of significant renovation. Ideal for those seeking a unique investment opportunity.

Last Agent to Sell the Property

Grant Howard

Keller Williams Realty Consultants License #RB14049280 Listed on: 04/27/2023

Keller Williams Realty Consultants

Last Buyer's Agent

Grant Howard

Keller Williams Realty Consultants License #RB14049280 Listed on: 04/27/2023

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1983

Lot Details

  • 4 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • 776 Sq Ft Home
  • Block Foundation

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Assessor Parcel Number 0038210608

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1983

Lot Details

0

Parking

1

Listing Details

  • Improvements: 52300
  • Annual Tax: 1502
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Concrete Block
  • Land Assessment: 26000
  • Legal Description: SE1/4 SWQR 8-3-8 6 A WATERSHED
  • Out Buildings: Garage
  • Parcel Number: 0038210608
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 78300
  • Total Finished Square Footage: 776
  • Year Built: 1983
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 776.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Sq Ft: 174240.00
  • Sewer Type: Unknown
  • Total Sq Ft: 776

Garage/Parking

  • Garage Type: Detached
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Unknown

Lot Info

  • Acres: 4.0000
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 23, 2023
Sold by
Plessinger Rex C
Bought by
Kastner Kailtlyn M
Seller's Agent
Grant Howard
Keller Williams Realty Consultants
Buyer's Agent
Grant Howard
Keller Williams Realty Consultants
List Price
$69,900
Sold Price
$79,000
Premium/Discount to List
$9,100
13.02%
Views
35
Current Estimated Value
$145,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,623
Avg. Annual Appreciation
14.02%

Purchase Details

Closed on
Aug 10, 2015
Sold by
Plessinger Rex C
Bought by
Plessinger Peggy L and Plessinger Rex C

Purchase Details

Closed on
Dec 11, 2008
Sold by
Lamb Glenn Kevin and Murphy Glenda
Bought by
Plessinger Rex

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kastner Kailtlyn M $79,000 Momentum Title Agency Llc
Plessinger Peggy L -- None Available
Plessinger Rex -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plessinger Rex C $20,000
Previous Owner Plessinger Rex C $50,000
Previous Owner Plessinger Rex $49,000
Previous Owner Plessinger Joyce M $7,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $79,000 +13.0% $102 / Sq Ft
04/30/2023 04/30/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $69,900 -- $90 / Sq Ft
Source: Southern Indiana REALTORS® Association

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $482 $75,600 $26,000 $49,600
2023 $492 $80,400 $26,000 $54,400
2022 $1,503 $78,300 $26,000 $52,300
2021 $1,449 $72,300 $23,800 $48,500
2020 $1,424 $72,300 $23,800 $48,500
2019 $374 $67,500 $23,800 $43,700
2018 $379 $65,400 $20,100 $45,300
2017 $394 $68,700 $21,300 $47,400
2016 $391 $66,700 $21,800 $44,900
2014 $407 $67,000 $22,300 $44,700
2013 $407 $65,500 $20,800 $44,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202307275

Southern Indiana REALTORS® Association

APN: 72-06-08-300-073.000-004