NOT LISTED FOR SALE

Estimated Value: $198,344 - $251,000

3 Beds
2 Baths
1,217 Sq Ft
$192/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $243,000 $200 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,454/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Stone Countertops
  • 1.5 Car Attached Garage
  • Corner Lot
  • Picket Fence
  • Eat-In Kitchen

About This Home

As of December 2023

This is NOT your typical "flip"! This property has undergone an extensive, 13-month rehabilitation process, during which exceptional levels of skill, care, and attention to detail were executed in order to produce a truly finished product. No proverbial stone has been left unturned here at 2508 Ruby Lane; beginning with the structural and mechanical components, we have two new roofs, new HVAC, a new water heater, a new electrical panel, a new well pump, and the home is now connected to Wadesville's new sewer system. Inside, it is essentially new construction (except better quality): throughout the home is new LVP flooring, new doors & trim, new light fixtures & ceiling fans, and fresh paint. The now-sleek kitchen features refinished cabinetry, new quartz countertops, and brand-new—nearly sparkling—stainless-steel appliances. Both the hallway bathroom and the ensuite bathroom (which was converted from a half bath into a full bath) are 100% new as well, and a convenient laundry room/mudroom has been created right off the dining area. Outside, the home has a fresh coat of high-quality exterior paint, and there is parking for approximately FIFTEEN vehicles between the attached garage, the detached garage/workshop, and the expansive driveway. All of this sits on a half-acre corner lot that is just a short walk down the rural road from highly rated South Terrace Elementary School. A one-year homebuyer's warranty is included for added peace of mind!

Last Listed By

Ryan Kingsbury

KELLER WILLIAMS CAPITAL REALTY Brokerage Phone: 812-604-7101 Listed on: 10/10/2023

KELLER WILLIAMS CAPITAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 1973

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 133 x 146
  • Picket Fence
  • Property is Fully Fenced
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 1.5 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,217 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Kitchen Island
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Patio

Schools

  • South Terrace Elementary School
  • North Posey Middle School
  • North Posey High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 65-06-21-201-001.003-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,455

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1973
  • Age: 50
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW NW LOT 25 21-5-12 .50A
  • Parcel Number ID: 65-06-21-201-001.003-016
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Ceiling Fan(s), Countertops-Stone, Detector-Smoke, Disposal, Dryer Hook Up Electric, Eat-In Kitchen, Garage Door Opener, Home Warranty Included, Kitchen Island, Patio Open, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up
  • Sp Lp Percent: 102.53
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1217
  • Total Finished Sq Ft: 1217
  • Above Grade Finished Sq Ft: 1217
  • Price Per Sq Ft: 199.67
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x9, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: 2nd Detached Garage, Dimensions: 23x23
  • Fence: Full, Partial, Chain Link, Picket

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 23x13
  • Garage Sq Ft: 299
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: City
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: MSD of North Posey County
  • Elementary School: South Terrace
  • Middle School: North Posey
  • High School: North Posey
  • Elementary School: South Terrace

Lot Info

  • Lot Description: Corner, Level, Flood Plain, 0-2.9999
  • Lot Dimensions: 133 X 146
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 2455.18
  • Exemptions: Mortgage

MLS Schools

  • High School: North Posey
  • Middle School: North Posey
  • School District: MSD of North Posey County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 15, 2023
Sold by
James Taylor Construction Llc
Bought by
Frano Jonathan E and Franks Katilyn N
Seller's Agent
Ryan Kingsbury
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Andrea White
RE/MAX REVOLUTION
List Price
$237,000
Sold Price
$243,000
Premium/Discount to List
$6,000
2.53%
Total Days on Market
28
Views
147
Current Estimated Value
$240,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,374
Avg. Annual Appreciation
-2.65%
Original Mortgage
$244,610
Outstanding Balance
$241,565
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
-$7,479

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 25, 2022
Sold by
Knight Marcie L
Bought by
James Taylor Construction Llc
Seller's Agent
Ryan Kingsbury
KELLER WILLIAMS CAPITAL REALTY
Buyer's Agent
Ryan Kingsbury
KELLER WILLIAMS CAPITAL REALTY
List Price
$105,000
Sold Price
$70,000
Premium/Discount to List
-$35,000
-33.33%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
160.48%

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
Frano Jonathan E $243,000 None Listed On Document
James Taylor Construction Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frano Jonathan E $244,610
Previous Owner Wallace Donna L $25,000
Previous Owner Wallace Donna L $13,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2023 12/15/23 Sold $243,000 +2.5% $200 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $237,000 +238.6% $195 / Sq Ft
08/26/2022 08/26/22 Sold $70,000 -17.6% $62 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $85,000 -8.1% $75 / Sq Ft
08/04/2022 08/04/22 Price Changed $92,500 -7.4% $82 / Sq Ft
07/25/2022 07/25/22 Price Changed $99,900 -4.9% $88 / Sq Ft
07/18/2022 07/18/22 For Sale $105,000 -- $93 / 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 $1,445 $184,900 $22,600 $162,300
2023 $946 $145,100 $7,700 $137,400
2022 $2,433 $136,000 $7,700 $128,300
2021 $2,111 $118,900 $8,700 $110,200
2020 $2,068 $115,600 $8,600 $107,000
2019 $830 $116,500 $8,100 $108,400
2018 $785 $116,000 $8,100 $107,900
2017 $709 $112,600 $8,700 $103,900
2016 $636 $111,500 $8,700 $102,800
2014 $560 $102,900 $10,200 $92,700
2013 $560 $105,600 $13,000 $92,600
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202337249

Indiana Regional MLS

APN: 65-06-21-201-001.003-016