NOT LISTED FOR SALE

1502 W Palmyra Lake Rd Palmyra, IN 47164

Estimated Value: $382,000 - $432,000

3 Beds
2.5 Baths
1,820 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $190,000 $104 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,288/month

Highlights

  • 14.36 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • East Washington Elementary School Rated 9+
  • Creek On Lot
  • Covered Patio or Porch

About This Home

As of May 2016

Seclusion, modern construction, wooded AND pasture acreage, and a year-round creek on your property. Here's a place to call home. Just north of Palmyra and close to Hwy 150 for easy commuting to New Albany. The outflow creek from Palmyra Lake runs across the back of the property. The house was designed and built with future addition/improvement in mind. The foundation has a brick ledge so it could become a brick home very easily. An elevated back deck above the walk-out could be added because the upper'' living room window was originally framed to be a door. The walk-out basement is near completion. There is a tornado safe room in the basement. The Quonset hut in the back offers ample space to park or for large equipment or a future workshop. There's a huge parking apron beside the house to put a garage. Move-in ready but room for improvements so you can get a return on your investment in the long run. Sq ft & rm sz approx.

Last Agent to Sell the Property

Jeramie Brown

Ward Realty Services License #RB14046141 Listed on: 09/25/2015

Co-Listed By

Cory Williams

Schuler Bauer Real Estate Services ERA Powered (N License #RB14045546

Last Buyer's Agent

Belinda Mills Wright

Bridge Realtors License #RB14036728

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,221

Year Built

  • Built in 2002

Lot Details

  • 14.36 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Thermal Windows
  • Window Screens

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Spring water is a source of water for the property
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 880407000017001008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,221

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Improvements: 108700
  • Annual Tax: 1221
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 28900
  • Legal Description: PT SW SE 7-1-4 14.367AC
  • Lot Dimensions: See lot size
  • Out Buildings: Adds
  • Parcel Number: 880407000017001008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 137600
  • Total Deduction Amnt: 71600
  • Total Finished Square Footage: 1820
  • Type: 2 Story
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1820.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3.00
  • Total Bedrooms: 3
  • Interior Amenities: Bath Master, Breakfast Bar, Ceiling Fan(s), Eat-In Kitchen
  • Lot Measurement: Acres
  • Lot Sq Ft: 625522.00
  • Room Count: 9
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1820
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Porch, Screens, Thermopane Windows

Garage/Parking

  • Garage Spaces: 0

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water: Creek, Spring
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 14.3600
  • Lot Description: Secluded Lot, Sprn, Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2019
Sold by
Tackett Kayla
Bought by
Tackett Eddie
Current Estimated Value
$400,243

Purchase Details

Listed on
Sep 25, 2015
Closed on
May 6, 2016
Sold by
Howard Glenn G
Bought by
Tackett Eddie and Tackett Kayla
Seller's Agent
Jeramie Brown
Ward Realty Services
Buyer's Agent
Belinda Mills Wright
Bridge Realtors
List Price
$219,900
Sold Price
$190,000
Premium/Discount to List
-$29,900
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%
Original Mortgage
$195,372
Outstanding Balance
$155,174
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$245,069

Purchase Details

Listed on
Jan 9, 2013
Closed on
Jun 28, 2013
Sold by
Mcneely Michelle J
Bought by
Howard Glenn G
Seller's Agent
Nancy McIntosh
Schuler Bauer Real Estate Services ERA Powered
Buyer's Agent
Jeramie Brown
Ward Realty Services
List Price
$199,900
Sold Price
$182,000
Premium/Discount to List
-$17,900
-8.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.52%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tackett Eddie -- None Available
Tackett Eddie -- None Available
Howard Glenn G $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tackett Eddie $195,372
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2016 05/06/16 Sold $190,000 -13.6% $104 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $219,900 +20.8% $121 / Sq Ft
06/28/2013 06/28/13 Sold $182,000 -9.0% $100 / Sq Ft View Prior Sale
06/04/2013 06/04/13 Pending -- -- --
01/09/2013 01/09/13 For Sale $199,900 -- $110 / 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 $1,895 $201,100 $30,100 $171,000
2023 $1,752 $188,500 $28,100 $160,400
2022 $1,883 $185,500 $26,000 $159,500
2021 $1,706 $168,200 $24,900 $143,300
2020 $1,645 $163,500 $24,800 $138,700
2019 $1,478 $152,100 $26,300 $125,800
2018 $1,339 $143,900 $26,600 $117,300
2017 $1,296 $156,600 $27,900 $128,700
2016 $1,073 $146,500 $28,400 $118,100
2014 $1,221 $154,400 $37,600 $116,800
2013 $1,037 $142,700 $34,800 $107,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201506781

Southern Indiana REALTORS® Association

APN: 88-04-07-000-017.001-008