NOT LISTED FOR SALE

12747 High Gap Rd Shoals, IN 47581

Estimated Value: $170,139 - $236,000

2 Beds
1 Bath
1,360 Sq Ft
$146/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $212,000 $156 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,148/month

52 Days on Market

Highlights

  • Partially Wooded Lot
  • Beamed Ceilings
  • 2 Car Detached Garage
  • Traditional Architecture
  • Community Fire Pit
  • Porch

About This Home

As of April 2023

Welcome to the ultimate country paradise! This charming 2-bedroom, 1-bath home offers a peaceful and tranquil retreat from the hustle and bustle of everyday life. Sitting on 9 acres of rolling partially wooded property, you’ll find plenty of room to roam, hunt, or just relax. For the wildlife enthusiast, there have been food plots planted for the last 3 years. The spacious kitchen comes with all appliances included and is perfect for entertaining guests or cooking up a family meal. Enjoy your morning coffee in the sunroom while taking in nature’s beauty right outside your door. After a long day, head out to the back patio where you can unwind in your hot tub or enjoy grilling out and have some drinks at the custom bar on the front deck. Inside you'll find an extra large main bedroom, tile and wood laminate flooring throughout along with many updates including new flooring, paint, shelving, new dishwasher, concrete flooring in garage, and much more. There's a wood burning stove for added comfort during winter months making utility bills lower. And don't forget about that large 2 car detached garage with lean-to - perfect for storing all your outdoor gear! With only 35 minutes to Crane NSWC and in the Shoals Community schools district, this amazing home has it all! *Utility bills average: REMC $250.00, No water bill since home has great well-water, and there is High Speed Internet available through RTC.

Last Listed By

Sarah Arp

Arp Realty Listed on: 02/21/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $387

Year Built

  • Built in 1950

Lot Details

  • 8.9 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,360 Sq Ft Home
  • 1-Story Property
  • Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room with Fireplace
  • Storage In Attic
  • Electric Oven or Range
  • Laundry on main level

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Porch

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 51-05-12-100-022.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$387

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 73
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE SW NE 12-4-3; 8.863AC
  • Parcel Number ID: 51-05-12-100-022.000-006
  • Platted: Yes
  • Amenities: Attic Storage, Bar, Ceiling Fan(s), Ceilings-Beamed, Deck Open, Firepit, Porch Florida, Range/Oven Hook Up Elec, Split Br Floor Plan, Tub/Shower Combination, Main Floor Laundry
  • Location: Rural
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1360
  • Total Finished Sq Ft: 1360
  • Above Grade Finished Sq Ft: 1360
  • Price Per Sq Ft: 155.88
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 17x12, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Bedroom 1: Dimensions: 21x17, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Other Room1: Sun Porch, Dimensions: 31x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx5, On Level: 6
  • Well Type: Private

Schools

  • School District: Shoals Community School Corp.
  • Elementary School: Shoals Community
  • Middle School: Shoals Community
  • High School: Shoals
  • Elementary School: Shoals Community

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, 6-9.999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 387684
  • Estimated Lot Size Acres: 8.9

Tax Info

  • Annual Taxes: 387.44
  • Exemptions: Homestead, Mortgage, Supplemental

MLS Schools

  • High School: Shoals
  • Middle School: Shoals Community
  • School District: Shoals Community School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 14, 2023
Sold by
Spinks Kori J and Spinks Landon L
Bought by
Sanders Caleb and Sanders Taylor
Seller's Agent
Sarah Arp
Arp Realty
Buyer's Agent
Patti Sanders
Key Associates Realty Group
List Price
$220,000
Sold Price
$212,000
Premium/Discount to List
-$8,000
-3.64%
Total Days on Market
52
Views
32
Current Estimated Value
$198,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,215
Avg. Annual Appreciation
-3.09%
Original Mortgage
$216,558
Outstanding Balance
$208,775
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
-$9,990

Purchase Details

Listed on
Mar 31, 2019
Closed on
Jun 21, 2019
Sold by
Wadsworth Jason L
Bought by
Spinks Kori J and Clark Landon L
Seller's Agent
Mae St Clair
Keach & Grove Real Estate, LLC
Buyer's Agent
Rosemary Trinkle
Trinkle Group Real Estate and Appraisals
List Price
$114,900
Sold Price
$103,000
Premium/Discount to List
-$11,900
-10.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.80%
Original Mortgage
$104,040
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

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Average Value
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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
Sanders Caleb $212,000 None Listed On Document
Spinks Kori J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Caleb $216,558
Previous Owner Spinks Kori J $104,040
Previous Owner Wadsworth Jason L $62,176
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $212,000 0.0% $156 / Sq Ft
03/02/2023 03/02/23 Price Changed $212,000 -3.6% $156 / Sq Ft
02/21/2023 02/21/23 For Sale $220,000 +113.6% $162 / Sq Ft
06/21/2019 06/21/19 Sold $103,000 -6.3% $76 / Sq Ft
04/24/2019 04/24/19 Price Changed $109,900 -4.4% $81 / Sq Ft
03/31/2019 03/31/19 For Sale $114,900 -- $84 / 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 $476 $99,100 $23,700 $75,400
2023 $476 $93,900 $23,300 $70,600
2022 $383 $88,500 $22,900 $65,600
2021 $387 $80,100 $21,600 $58,500
2020 $341 $78,600 $20,700 $57,900
2019 $367 $72,600 $20,400 $52,200
2018 $379 $71,400 $19,800 $51,600
2017 $379 $70,900 $19,500 $51,400
2016 $380 $71,200 $19,300 $51,900
2014 $335 $72,300 $18,400 $53,900
2013 -- $71,400 $18,400 $53,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202304968

Indiana Regional MLS

APN: 51-05-12-100-022.000-006