NOT LISTED FOR SALE

131 Old Indian Trail Lexington, NC 27292

Estimated Value: $244,000 - $1,002,608

2 Beds
1 Bath
1,000 Sq Ft
$542/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $130,000 $130 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $3,236/month

90 Days on Market

Highlights

  • Attic
  • No HOA
  • Circular Driveway
  • Southwood Elementary School Rated 9+
  • Cottage
  • Porch

About This Home

As of June 2016

INVESTORS, INVESTORS! This listing not only includes one home - but two! Two unique lakefront homes to make your own with some tlc. The log cabin has 2 large rooms that offers a full bath & kitchen - and a roof of many colors. Main home has 2 bed/1 bath. Both homes have newer flooring & paint on interior walls. Roofing was replaced w/in last 6 years on both homes. With over 150' of lake frontage, the possibilities are endless. Owner willing to negotiate. Agents please see agent remarks.

Last Agent to Sell the Property

Diana King

Thomason Realty Group, LLC License #273898 Listed on: 03/15/2016

Last Buyer's Agent

Diana King

Thomason Realty Group, LLC License #273898 Listed on: 03/15/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1946

Lot Details

  • 0.52 Acre Lot
  • Property is zoned RS

Parking

  • Circular Driveway

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 905 Sq Ft Home
  • 800-1,000 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Free-Standing Range
  • Dryer Hookup
  • Attic
  • Unfinished Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage
  • Porch

Schools

  • Central Middle School
  • Central Davidson High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Heating System Uses Propane
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Parks Subdivision

Listing and Financial Details

  • Legal Lot and Block 0005 / 00A
  • Assessor Parcel Number 15021A00A0005000
  • 1% Total Tax Rate

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Stick/Site Built
  • Prop. Type: Residential
  • Lot Size Acres: 0.52
  • Lot Size: 152wf x 160 x 176 x 145
  • Subdivision Name: Parks
  • Directions: Hwy 8 South to Hwy 47. Turn left and follow to Old Mountain Rd., Turn right and follow to Lake Drive #10. Follow to Old Indian Trail, home on left before Coral Sands.
  • Above Grade Finished Sq Ft: 905
  • Architectural Style: Cottage
  • Unit Levels: One
  • Structure Type: House
  • Year Built: 1946
  • TRIADMLS_PrimaryOnMainYN: Yes
  • TRIADMLS_TotalHeatedFinishedSqFtRange: 800 - 1000
  • TRIADMLS_PorchYN: Yes
  • TRIADMLS_CityLimitsYN: No
  • TRIADMLS_BuiltInformation: Existing
  • TRIADMLS_FencedYN: No
  • TRIADMLS_ElevatorYN: No
  • Special Features: None

Interior Features

  • Appliances: Slide-In Oven/Range, Electric Water Heater
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Ceiling Fan(s)
  • Has Basement: Unfinished, Cellar
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 905
  • Main Level Bathrooms: 1
  • Attic Description: Access Only
  • TRIADMLS_FullBathsMain: 1
  • TRIADMLS_FixtureExceptionYN: Yes
  • Basement YN: Yes

Exterior Features

  • Fencing: None
  • Exclusions: Propane Tanks Are Possibly Leased
  • Construction Type: Wood Siding
  • Other Structures: Storage

Garage/Parking

  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Dryer Connection, Washer Hookup
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace, Propane
  • Water Source: Public
  • TRIADMLS_HeatingFuel: Propane Gas
  • Water Heater: Electric

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Central Davidson
  • Middle Or Junior School: Central

Lot Info

  • Parcel #: 15021A00A0005000
  • Zoning: RS
  • TRIADMLS_PlatPage: 41
  • TRIADMLS_PlatBook: 8
  • TRIADMLS_AcresRange: 0 - 1

Tax Info

  • Tax Annual Amount: 1838
  • Tax Block: 00A
  • Tax Lot: 0005
  • Tax Map Number: 021
  • Tax Year: 2015
  • TRIADMLS_TaxRate: 0.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2024
Sold by
Wt Hedrick Properties Llc
Bought by
Highstone Villages Llc
Current Estimated Value
$542,203

Purchase Details

Closed on
Aug 6, 1975
Source: Public Records

Range of Values:

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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
Highstone Villages Llc -- None Listed On Document
-- -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $130,000 -42.2% $163 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $225,000 -- $281 / Sq Ft
Source: Triad 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
2025 $4,771 $745,130 $0 $0
2024 $4,771 $745,130 $0 $0
2023 $4,843 $745,130 $0 $0
2022 $1,546 $241,510 $0 $0
2021 $1,965 $306,930 $0 $0
2020 $1,810 $282,730 $0 $0
2019 $1,838 $282,730 $0 $0
2018 $1,838 $282,730 $0 $0
2017 $1,838 $282,730 $0 $0
2016 $1,838 $282,730 $0 $0
2015 $1,838 $282,730 $0 $0
2014 $1,321 $244,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Triad MLS

MLS Number: 787077

Triad MLS

APN: 15-021-A-00A-0005-0-0-0