$199,000
SOLD JUN 27, 2025

2781 E Vandalia Rd Flat Rock, IN 47234

1 Bed
1.5 Baths
1,200 Sq Ft
0.93 Acres

Recently Sold

$166 Per Sq Ft

10 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Wood Flooring
  • Waldron Elementary School Rated 9+
  • Cathedral Ceiling
  • No HOA

About This Home

As of June 2025

RIVER FRONT PROPERTY!! Discover your dream retreat on the banks of the Flat Rock River! This riverfront cottage is on .93 acres and offers an idyllic escape for fishing, kayaking, or unwinding with friends and family by the firepit. Perfectly positioned across from the rock cliffs to capture the sounds of a nearby waterfall, the front deck-facing the river-invites you to savor the sights and sounds of the river and wildlife. Inside, this well-maintained haven blends rustic charm with modern upgrades. Cozy up by the freestanding fireplace in winter and enjoy year-round comfort with a 65,000 BTU propane heater and multiple mini-split units for heating and cooling. Other improvements include new windows, blinds, spray foam insulation, a 200-amp electrical system, and a new well pump. The property also features a new storage shed to secure your fishing gear, kayaks and yard equipment. Listed as a one-bedroom, the cottage includes a versatile bonus room with a half bath, previously used as a second bedroom (note: no closet). This cottage exudes character with a kitchen that is equipped with a vintage oven/range, refrigerator, and a classic Hoosier cabinet. Antique furniture and collectibles, available via a separate bill of sale, make this a potential turnkey purchase. Situated approximately 15 feet above the river's normal level, this home has never experienced flooding in the owners' 16 years of ownership, despite being in a FEMA-designated flood zone. Flood insurance is not currently carried by the owners. Opportunities to own a riverfront gem like this are rare-act quickly to claim your slice of tranquility and create lasting memories! Property is sold as is.

Last Agent to Sell the Property

Willard Downey

Carpenter, REALTORS® Brokerage Email: rdowney@callcarpenter.com License #RB20001743 Listed on: 05/23/2025

Carpenter, REALTORS®

Co-Listed By

Debbie Barrett

Carpenter, REALTORS® Brokerage Email: rdowney@callcarpenter.com License #RB14038661

Last Buyer's Agent

Julia Young

Greenwood Homes Realty, LLC License #SP30705294

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,082

Year Built

  • Built in 1950

Lot Details

  • 0.93 Acre Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,200 Sq Ft Home
  • Cathedral Ceiling
  • Paddle Fans
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom

Outdoor Features

  • Deck
  • Shed
  • Storage Shed

Schools

  • Waldron Elementary School
  • Waldron Jr-Sr High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Propane
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 731522400008000014
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,082

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch, TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1950
  • Building Area Total: 1200
  • Co List Office Phone: 812-552-2921
  • Garage Y N: No
  • Lot Size Acres: 0.93
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: rdowney@callcarpenter.com
  • Attribution Contact: rdowney@callcarpenter.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Appliances: Microwave, Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: Free Standing, Living Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Paddle Fan, Hardwood Floors
  • Living Area: 1200
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1200
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding, Wood
  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • Patio And Porch Features: Deck Main Level

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Cooling: Wall Unit(s)
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 40511
  • Parcel Number: 731522400008000014
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1082
  • Tax Lot: 0
  • Semi Annual Property Tax Amt: 541
  • Tax Exemption: None

MLS Schools

  • Elementary School: Waldron Elementary School
  • High School: Waldron Jr-Sr High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2025
Closed on
Jun 26, 2025
Sold by
Luther Brad and Ferguson Kerry
Bought by
Mason Daniel
Seller's Agent
Willard Downey
Carpenter, REALTORS®
Buyer's Agent
Julia Young
Greenwood Homes Realty, LLC
List Price
$199,000
Sold Price
$199,000
Views
38
Current Estimated Value
$200,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,736
Avg. Annual Appreciation
1.35%
Original Mortgage
$195,395
Outstanding Balance
$194,383
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$6,353

Purchase Details

Closed on
May 30, 2008
Sold by
Estate Joan H Inlow
Bought by
Inlow Paul M
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Executors Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $195,395 FHA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2025 06/27/25 Sold $199,000 0.0% $166 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/23/2025 05/23/25 For Sale $199,000 -- $166 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,082 $74,400 $15,300 $59,100
2024 $1,082 $71,500 $15,300 $56,200
2023 $1,072 $69,200 $15,300 $53,900
2022 $1,084 $69,200 $15,300 $53,900
2021 $1,020 $64,700 $15,300 $49,400
2020 $1,043 $68,000 $15,300 $52,700
2019 $1,025 $68,000 $15,300 $52,700
2018 $1,095 $72,800 $15,300 $57,500
2017 $996 $69,800 $15,300 $54,500
2016 $914 $68,500 $15,300 $53,200
2014 $879 $67,700 $15,300 $52,400
2013 $879 $67,700 $15,300 $52,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22040444

MIBOR Broker Listing Cooperative®

APN: 73-15-22-400-008.000-014

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