NOT LISTED FOR SALE

251 Pratt Ln Covington, IN 47932

Estimated Value: $320,000 - $359,000

3 Beds
2 Baths
1,650 Sq Ft
$207/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $312,500 $189 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,912/month

83 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 2 Car Attached Garage
  • Covington Community High School Rated 10
  • No HOA
  • Walk-In Closet

About This Home

As of May 2023

This gorgeous new build home by Ratcliff Inc. that is located on Pratt Lane just outside of Covington. It's a small subdivision located outside of Covington on a half-acre. It's a ranch brick home with a 2-car attached garage. This open concept home features 3 bedrooms and 2 full bathrooms. Upon entering you find an open living with cathedral ceilings, with vinyl plank flooring and a fireplace. It has a split floor plan that has a master bedroom on one side of the home and the other two bedrooms on the other side of the home. The spacious master bedroom has an En suite bathroom and double vanity with a large walk-in closet. Across the home, you find two nice sized bedrooms with carpeting. It has a covered back patio off the living room.

Last Agent to Sell the Property

Lindsey Salts

Dream Home Realty Group, LLC License #RB18002157 Listed on: 01/03/2023

Last Buyer's Agent

Priscilla Hetrick

Legacy Land & Homes of Indiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,416

Year Built

  • Built in 2023

Lot Details

  • 0.52 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,650 Sq Ft Home
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Well
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23130220
  • Assessor Parcel Number 231302207003000015

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,416

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Ratcliff Inc.
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2021
  • Year Built: 2023
  • Building Area Total: 1650
  • Garage Y N: Yes
  • Lot Size Acres: 0.5234
  • Subdivision Name: No Subdivision
  • Inspection Warranties: General
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lindseysalts10@gmail.com
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Microwave, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Windows Vinyl
  • Living Area: 1650
  • Other Equipment: Smoke Alarm
  • Eating Area: Dining Combo/Great Room,Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1650
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • Construction Stage: Drywall

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 22799
  • Parcel Number: 231302207003000015
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Lot: 23130220
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2023
Closed on
May 24, 2023
Sold by
Ratcliff Inc
Bought by
Lahood Benjamin and Lahood Vanessa
Seller's Agent
Lindsey Salts
Dream Home Realty Group, LLC
Buyer's Agent
Priscilla Hetrick
Legacy Land & Homes of Indiana
List Price
$325,000
Sold Price
$312,500
Premium/Discount to List
-$12,500
-3.85%
Views
84
Current Estimated Value
$340,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,326
Avg. Annual Appreciation
3.50%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Pratt Timothy W
Bought by
Searcy Ethan K and Searcy Emilee J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lahood Benjamin $312,500 Partners' Title Group Inc.
Searcy Ethan K $36,000 Partners' Title Group Inc.
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $312,500 +4.5% $189 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/15/2023 02/15/23 Price Changed $299,000 -8.0% $181 / Sq Ft
01/03/2023 01/03/23 For Sale $325,000 -- $197 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,416 $228,100 $22,900 $205,200
2023 $308 $22,900 $22,900 $0
2022 $213 $15,300 $15,300 $0
2021 $247 $15,300 $15,300 $0
2020 $192 $11,500 $11,500 $0
2019 $15 $900 $900 $0
2018 $15 $900 $900 $0
2017 $14 $900 $900 $0
2016 $13 $900 $900 $0
2014 $13 $900 $900 $0
2013 $13 $900 $900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21898485

MIBOR Broker Listing Cooperative®

APN: 23-13-02-207-003.000-015