NOT LISTED FOR SALE

1245 Old Salem Rd Lanesville, IN 47136

Estimated Value: $441,000 - $503,694

3 Beds
4 Baths
1,906 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $270,000 $142 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,803/month

12 Days on Market

Highlights

  • Panoramic View
  • 2.87 Acre Lot
  • Deck
  • Georgetown Elementary School Rated A-
  • Open Floorplan
  • Pole Barn

About This Home

As of October 2019

NO cookie cutter home here! First time offered: One owner custom built home in Lanesville Floyd County on nearly 3 acres. Plenty of room inside with formal dining room, formal living room, 3 bedrooms, 2 full and 2 half bath. The basement has 1000 more sq. ft. that can be made into whatever your family needs. Kitchen has custom Starlight "real" wood cabinets. Andersen casement windows, loads of natural light and is open to Family room that walks out onto a private deck and is surrounded by beautiful mature trees and shade. 40 x 30 detached shop has 220 amp, concrete floor, 2 -12 ft pull thru doors for your camper, an overhead door and a service door. There is also a 2 car carport with 3 sides enclosed that the seller used for wood storage. 2+ attached garage with steps into the basement. Two beautiful stone fireplaces with inserts! Two HVAC units one for main floor and one for upstairs. Loads of natural light!

Last Agent to Sell the Property

Robin Bays

Schuler Bauer Real Estate Services ERA Powered License #RB14024586 Listed on: 09/18/2019

Schuler Bauer Real Estate Services ERA Powered

Co-Listed By

Elizabeth Whittinghill

Schuler Bauer Real Estate Services ERA Powered License #RB14045642

Last Buyer's Agent

Nikki Wilson

Schuler Bauer Real Estate Services ERA Powered (N License #RB19001151

Schuler Bauer Real Estate Services ERA Powered (N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,026

Year Built

  • Built in 1980

Lot Details

  • 2.87 Acre Lot
  • Landscaped
  • Garden

Parking

  • 6 Car Garage
  • Carport
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Property Views

  • Panoramic
  • Scenic Vista
  • Park or Greenbelt

Home Design

  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 1,906 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Thermal Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Storage
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access
  • Exterior Basement Entry

Outdoor Features

  • Deck
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 220200900023000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,026

Year Built

Built in 1980

Lot Details

0

Parking

6

Listing Details

  • Improvements: 198100
  • Additional Parking: Off Street
  • Annual Tax: 2026
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 59900
  • Legal Description: S E 1/4 N E 1/4 9-3-5 2.87 AC.
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 2
  • Out Buildings: Pole Barn
  • Parcel Number: 220200900023000002
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 258000
  • Total Deduction Amnt: 100370
  • Total Finished Square Footage: 1906
  • Type: 1.5 Story
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Outside Entrance, Partially Finished, Walkup
  • Above Grade Finished Sq Ft: 1906.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4.00
  • Total Bedrooms: 3
  • Fireplace: Insert
  • Interior Amenities: Added Storage, Bath Master, Breakfast Bar, Cable Wired, Ceiling Fan(s), Family Room, Formal Dining Rm, Foyer, Natural Wood Trim, Open Floor Plan, Pantry, Security System
  • Lot Sq Ft: 125017.20
  • Room Count: 14
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1906
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Deck, Landscaped, Paved Driveway, Thermopane Windows, Wood

Garage/Parking

  • Garage Type: Attached, Carport, Detached, Front Entry
  • Garage Spaces: 6
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: New Albany-Floyd Cty

Lot Info

  • Acres: 2.8700
  • Lot Description: Garden Area, Panoramic View, Park-Like View, Scenic View
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2019
Closed on
Oct 28, 2019
Sold by
Marking Charles A and Marking Loretta
Bought by
Vertrees Patrick and Vertrees Brittany
Seller's Agent
Robin Bays
Schuler Bauer Real Estate Services ERA Powered
Buyer's Agent
Nikki Wilson
Schuler Bauer Real Estate Services ERA Powered (N
List Price
$289,900
Sold Price
$270,000
Premium/Discount to List
-$19,900
-6.86%
Current Estimated Value
$467,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,424
Avg. Annual Appreciation
7.15%
Original Mortgage
$256,500
Outstanding Balance
$228,078
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$174,856
Source: Public Records

Range of Values:

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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
Vertrees Patrick -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vertrees Brittany $90,000
Open Vertrees Patrick $256,500
Previous Owner Marking Charles A $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $270,000 -6.9% $142 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
09/18/2019 09/18/19 For Sale $289,900 -- $152 / 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 $2,916 $364,600 $59,900 $304,700
2023 $2,916 $336,300 $59,900 $276,400
2022 $2,669 $298,900 $59,900 $239,000
2021 $2,370 $270,500 $59,900 $210,600
2020 $2,219 $257,800 $59,900 $197,900
2019 $2,195 $258,000 $59,900 $198,100
2018 $1,887 $226,400 $59,900 $166,500
2017 $2,026 $226,600 $59,900 $166,700
2016 $1,857 $225,000 $59,900 $165,100
2014 $1,912 $200,000 $59,900 $140,100
2013 -- $187,900 $59,900 $128,000
Source: Public Records

Agents Affiliated with this Home

  • Robin Bays

    Seller's Agent in 2019

    Robin Bays

    Schuler Bauer Real Estate Services ERA Powered

    (812) 736-5515

    7 in this area

    188 Total Sales

    Section Image
  • Elizabeth Whittinghill

    Seller Co-Listing Agent in 2019

    Elizabeth Whittinghill

    Schuler Bauer Real Estate Services ERA Powered

    (812) 736-1493

    6 in this area

    111 Total Sales

    Section Image
  • Nikki Wilson

    Buyer's Agent in 2019

    Nikki Wilson

    Schuler Bauer Real Estate Services ERA Powered (N

    (502) 888-9973

    4 in this area

    142 Total Sales

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2019010837

Southern Indiana REALTORS® Association

APN: 22-02-00-900-023.000-002

Indiana Floyd County Lanesville 47136

1245 Old Salem Rd, Lanesville, IN

This home is located at 1245 Old Salem Rd, Lanesville, IN 47136 since 18 September 2019 and is currently estimated at $467,424, approximately $245 per square foot. This property was built in 1980. 1245 Old Salem Rd is a home located in Floyd County with nearby schools including Georgetown Elementary School, Highland Hills Middle School, and Floyd Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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