$114,900
SOLD MAR 31, 2025

12731 N 3rd St Westphalia, IN 47596

3 Beds
1.5 Baths
2,030 Sq Ft
0.54 Acres

Recently Sold

$57 Per Sq Ft

23% Below List Price

157 Days on Market

Highlights

  • Ranch Style House
  • Baseboard Heating
  • Level Lot
  • 2 Car Attached Garage

About This Home

As of March 2025

Welcome to 12731 North 3rd Street in Westphalia, Indiana—a home with great potential, just a few blocks off Highway 67. Nestled on over half an acre of level land and bordered by farm fields on two sides, this 3-bedroom, 1.5-bathroom brick residence offers both the charm of country living and a world of possibilities for customization. With a little modernization, this property could be transformed into your dream home. The solid brick exterior exudes classic appeal, while the spacious interior features plentiful storage options to accommodate your lifestyle. The well-laid-out floor plan includes a comfortable living area, a dedicated dining space, and three bedrooms—all ready for your personal touch. The home comes with an attached two-car garage, which includes a workshop space perfect for hobbyists or DIY enthusiasts. Additionally, there is an outbuilding on the property, providing ample storage for tools, outdoor equipment, or seasonal items. This completely electric home makes for easy energy management, offering an environmentally friendly approach. The expansive outdoor area offers endless possibilities. Whether you envision a lush garden, a play area, or simply a serene spot to relax, this property provides the space you need to bring your vision to life. Surrounded by the peacefulness of farm ground, it’s the perfect place to create your own outdoor retreat. Located in Westphalia, this home enjoys the tranquility of a rural setting, while still being conveniently close to Highway 67 for easy access to nearby towns and amenities. Please note that this home will not qualify for any type of government financing, making it an ideal opportunity for those ready to invest in its potential and make it their own. Embrace the chance to create something special at 12731 North 3rd Street—a home with solid bones and the promise of an even brighter future.

Last Agent to Sell the Property

Trey Miller

RE/MAX Mainstream Brokerage Phone: 812-316-0696 Listed on: 10/03/2024

RE/MAX Mainstream

Last Buyer's Agent

Trey Miller

RE/MAX Mainstream Brokerage Phone: 812-316-0696 Listed on: 10/03/2024

RE/MAX Mainstream

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $199

Year Built

  • Built in 1972

Lot Details

  • 0.54 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • 2,030 Sq Ft Home
  • Ranch Style House
  • Property Attached
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • North Knox Elementary And Middle School
  • North Knox High School

Utilities

  • Baseboard Heating
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 42-02-19-100-009.000-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$199

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1972
  • Age: 53
  • Style: Attached
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE1/4 NE1/4 19-5-9 .54A
  • Parcel Number ID: 42-02-19-100-009.000-025
  • Platted: Yes
  • Sp Lp Percent: 91.99
  • Year Taxes Payable: 2022 Pay 2023
  • Special Features: None

Interior Features

  • Total Sq Ft: 2030
  • Total Finished Sq Ft: 2030
  • Above Grade Finished Sq Ft: 2030
  • Price Per Sq Ft: 56.6
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Outbuilding, Dimensions: 15x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 35x24
  • Garage Sq Ft: 840
  • Garage: Yes

Utilities

  • Heating Fuel: Electric, Baseboard
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: North Knox S.D.
  • Elementary School: North Knox
  • Middle School: North Knox
  • High School: North Knox
  • Elementary School: North Knox

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 0.54 Acres
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54

Tax Info

  • Annual Taxes: 198.96

MLS Schools

  • High School: North Knox
  • Middle School: North Knox
  • School District: North Knox S.D.

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold $114,900 -8.0% $57 / Sq Ft
03/09/2025 03/09/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $124,900 -16.7% $62 / Sq Ft
10/03/2024 10/03/24 For Sale $149,900 -- $74 / Sq Ft
Source: Indiana Regional MLS

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 $175 $92,300 $8,600 $83,700
2023 $203 $98,900 $3,900 $95,000
2022 $179 $91,900 $3,900 $88,000
2021 $182 $80,900 $3,900 $77,000
2020 $146 $70,600 $3,900 $66,700
2019 $173 $70,600 $3,900 $66,700
2018 $190 $71,300 $3,900 $67,400
2017 $154 $72,200 $3,900 $68,300
2016 $145 $72,200 $3,900 $68,300
2014 $95 $66,200 $2,600 $63,600
2013 $91 $67,200 $2,600 $64,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202438483

Indiana Regional MLS

APN: 42-02-19-100-009.000-025