NOT LISTED FOR SALE

2781 N Towpath Rd Covington, IN 47932

Estimated Value: $75,000 - $110,000

2 Beds
1 Bath
726 Sq Ft
$118/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $67,500 $93 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $501/month

48 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • 1-Story Property
  • 2 Car Detached Garage
  • Bungalow
  • Combination Kitchen and Dining Room

About This Home

As of July 2023

This cozy waterfront cabin sits overlooking the Wabash River. This 2-bedroom cottage offers a kitchen dining combination with a one bedroom. It opens up into a living area and two small bedrooms. The home has a detached 2 car garage and a storage shed with a sitting area, great for entertaining! This home has gorgeous water views and move in ready.

Last Listed By

Lindsey Salts

Dream Home Realty Group, LLC License #RB18002157 Listed on: 05/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $220

Year Built

  • Built in 1994

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heating System Uses Gas
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 23-05-33-105-036.000-014
  • Assessor Parcel Number 230533105036000014

Home Details

Home Type

Single Family

Est. Annual Taxes

$220

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1994
  • Building Area Total: 726
  • Garage Y N: Yes
  • Lot Size Acres: 0.13
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: lindseysalts10@gmail.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Gas Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 726
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 726
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Slab
  • List Price: 75000

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached

Utilities

  • Cooling: None
  • Heating: Gas
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: Yes
  • Additional Parcels: No
  • Lot Size Sq Ft: 0.13
  • Parcel Number: 230533105036000014
  • Acres: <1/4 Acre
  • Price Acre: 519230.769230769

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 220
  • Tax Lot: 23-05-33-105-036.000-014
  • Semi Annual Property Tax Amt: 110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 26, 2023
Sold by
Hudson Bradley S
Bought by
Marcroft Robert L
Seller's Agent
Lindsey Salts
Dream Home Realty Group, LLC
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$75,000
Sold Price
$67,500
Premium/Discount to List
-$7,500
-10%
Total Days on Market
48
Views
160
Current Estimated Value
$85,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,134
Avg. Annual Appreciation
19.55%

Purchase Details

Listed on
Mar 13, 2021
Closed on
May 3, 2021
Sold by
Dawson James L
Bought by
Hudson Bradley S
Seller's Agent
Lindsey Salts
Dream Home Realty Group, LLC
Buyer's Agent
Lindsey Salts
Dream Home Realty Group, LLC
List Price
$65,000
Sold Price
$60,000
Premium/Discount to List
-$5,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$57,000
Interest Rate
3.1%
Mortgage Type
New Conventional

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
Marcroft Robert L $67,500 Partners' Title Group Inc.
Hudson Bradley S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hudson Bradley S $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $67,500 -10.0% $93 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $75,000 0.0% $103 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $75,000 +25.0% $103 / Sq Ft
05/03/2021 05/03/21 Sold $60,000 -7.7% $83 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $65,000 -- $90 / 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 $285 $68,900 $8,200 $60,700
2023 $285 $65,500 $7,200 $58,300
2022 $221 $61,600 $6,600 $55,000
2021 $146 $38,300 $6,600 $31,700
2020 $582 $34,900 $4,900 $30,000
2019 $550 $33,800 $4,900 $28,900
2018 $509 $30,700 $4,900 $25,800
2017 $490 $30,600 $4,900 $25,700
2016 $349 $30,600 $4,900 $25,700
2014 $441 $29,600 $4,900 $24,700
2013 $441 $29,600 $4,900 $24,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21919356

MIBOR Broker Listing Cooperative®

APN: 23-05-33-105-036.000-014