NOT LISTED FOR SALE

2348 W Palmyra Lake Rd Palmyra, IN 47164

Estimated Value: $283,000 - $388,000

3 Beds
2 Baths
1,600 Sq Ft
$211/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $202,900 $127 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,929/month

Highlights

  • Scenic Views
  • Open Floorplan
  • Pond
  • West Washington Elementary School Rated 9+
  • Deck
  • Cathedral Ceiling

About This Home

As of May 2013

Possible 100% financing and high speed internet makes this home country living at its best! Enjoy deer, birds, and fish on 5.195 acres of perfectly manicured, rolling land which includes your own private pond. This 3 bedroom/2 bath split bedroom floor plan has a walkout basement just waiting for your finishing touches. Beautiful teak floors run throughout the eat-in kitchen and up to the entry door. View the countryside and pond from a 12X18 rear deck. In addition to the home grown vegetable planting area, there is a perfectly landscaped rose garden! From the cozy fireplace to the master bathroom's jetted tub, you'll find all the amenities that make this house a home. The detached 30X30 insulated pole barn has concrete floor, 100 amp electric service, and is heated. A one year HomeTrust Warranty is included. All sq footage/measurements/room sizes are approximate and if critical should be verified.

Last Agent to Sell the Property

Vicky Schmidt

RE/MAX FIRST License #RB14039019 Listed on: 05/22/2012

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,550

Year Built

  • Built in 2004

Lot Details

  • 5.2 Acre Lot
  • Landscaped
  • Garden

Parking

  • 4 Car Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • First Floor Utility Room
  • Storage
  • Scenic Vista Views
  • Motion Detectors

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Outdoor Features

  • Pond
  • Deck
  • Covered Patio or Porch

Utilities

  • Space Heater
  • Air Source Heat Pump
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 880312000001004017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,550

Year Built

Built in 2004

Lot Details

0

Parking

4

Listing Details

  • Improvements: 150400
  • Annual Tax: 1550
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Poured Concrete
  • Land Assessment: 34600
  • Legal Description: PT NE 12-1-3 2.889 AC LOT 4 CHOPPER HILL AND PT NE 12-1-3 2.306 AC LOT 5 CHOPPER HILL
  • Lot Dimensions: See lot size
  • Numof Fireplaces: 1
  • Out Buildings: Garage
  • Parcel Number: 880312000001004017
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Subdivision Yn: Yes
  • Total: 185000
  • Total Deduction Amnt: 89405
  • Total Finished Square Footage: 1600
  • Type: 1 Story
  • Year Built: 2004
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Daylight, Full, Unfinished, Walkout
  • Above Grade Finished Sq Ft: 1600.00
  • Appliances: Dishwasher, Garage Door Opener, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Blinds, Breakfast Bar, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Jetted Tub, Open Floor Plan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Lot Measurement: Acres
  • Lot Sq Ft: 226294.00
  • Room Count: 6
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1600
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Deck, Landscaped, Motion Detectors, Patio, Paved Driveway, Screens, Thermopane Windows
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Attached, Detached, Side Entry
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Cooling Type: Heat Pump
  • Fuel Type: Electric, Lp Gas
  • Heat Type: Heat Pump, Space
  • Water: Pond
  • Water Type: Public Onsite

Schools

  • School District: West Washington

Lot Info

  • Acres: 5.2000
  • Lot Description: Additional Land Av, Garden Area, Irrg, Pond, Scenic View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 23, 2020
Sold by
Wainscott Jeffrey M
Bought by
Wainscott Jeffrey M and Wainscott Julia M
Current Estimated Value
$336,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Outstanding Balance
$92,097
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,785

Purchase Details

Listed on
May 22, 2012
Closed on
May 3, 2013
Sold by
Bowles Virgil K
Bought by
Wainscott Jeffrey M
Seller's Agent
Vicky Schmidt
RE/MAX FIRST
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$219,900
Sold Price
$202,900
Premium/Discount to List
-$17,000
-7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%

Purchase Details

Closed on
Apr 12, 2006
Sold by
Rusby Eric P and Rusby Jenise R
Bought by
Bowles Virgil K and Bowles Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.34%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 10, 2005
Sold by
White Clifford and White Valerie
Bought by
Rusby Eric and Rusby Jenise
Source: Public Records

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
Wainscott Jeffrey M -- None Available
Wainscott Jeffrey M $202,900 --
Bowles Virgil K -- None Available
Rusby Eric -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wainscott Jeffrey M $167,000
Previous Owner Bowles Virgil K $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $202,900 -7.7% $127 / Sq Ft
03/08/2013 03/08/13 Pending -- -- --
05/22/2012 05/22/12 For Sale $219,900 -- $137 / 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 $1,636 $200,700 $25,600 $175,100
2023 $1,596 $197,400 $25,600 $171,800
2022 $1,706 $192,900 $25,600 $167,300
2021 $1,757 $176,800 $25,600 $151,200
2020 $1,856 $178,600 $25,600 $153,000
2019 $1,601 $164,300 $25,600 $138,700
2018 $1,363 $153,800 $25,600 $128,200
2017 $1,230 $169,200 $25,600 $143,600
2016 $924 $154,100 $25,600 $128,500
2014 $950 $157,500 $25,600 $131,900
2013 $888 $147,100 $25,600 $121,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201203664

Southern Indiana REALTORS® Association

APN: 88-03-12-000-001.004-017