$420,000
SOLD MAR 20, 2025

2928 S 950 W Lexington, IN 47138

5 Beds
4.5 Baths
3,480 Sq Ft
20 Acres

Recently Sold

$121 Per Sq Ft

41,999,900% Above List Price

43 Days on Market

Highlights

  • Panoramic View
  • Open Floorplan
  • Wooded Lot
  • 20 Acre Lot
  • Pond
  • Pole Barn

About This Home

As of March 2025

Escape to your own private oasis on this stunning 20-acre property! This exquisite 5-bedroom, 4.5-bathroom home boasts 3480 sq ft of luxurious living space. The centerpiece is a magnificent 2805 sq ft pole barn with heated concrete floors, perfect for the car enthusiast or hobbyist. Enjoy serene views of your private pond, relax on the huge patio or covered porch, and indulge in culinary delights with built-in state-of-the-art ovens and a dry bar featuring two wine coolers. This is the ultimate retreat for those seeking tranquility and unparalleled luxury. Property will be offered at public auction by Tobias Auction Service on 2/22/25. Terms of the auction are: 10% non-refundable down payment with balance due at closing within 30 days. Property is offered with a reserve and will be sold as-is

Last Agent to Sell the Property

Karla Tobias-Bohle

Tobias Auction Service License #RB14041237 Listed on: 01/12/2025

Last Buyer's Agent

Karla Tobias-Bohle

Tobias Auction Service License #RB14041237 Listed on: 01/12/2025

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $2,497

Year Built

  • Built in 2002

Lot Details

  • 20 Acre Lot
  • Wooded Lot
  • Property is zoned Agriculture

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Farm
  • Frame Construction

Interior Spaces

  • 3,480 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Thermal Windows
  • Family Room
  • Formal Dining Room
  • First Floor Utility Room
  • Utility Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Ceramic Tile in Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Pond
  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 391418000012000011

Property Details

Property Type

Other

Est. Annual Taxes

$2,497

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Improvements: 198200
  • Annual Tax: 2497
  • Appointment: Mandatory
  • Construction: Existing, Frame On-Site
  • Foundation: Crawl Space
  • Land Assessment: 23400
  • Legal Description: 007-0054-00 SE COR SW 18-3-9 10AC IN SW 18-3-9 10 AC 7-23-10 2928 S 950 West
  • Out Buildings: Barn(s)
  • Parcel Number: 391418000012000011
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 221600
  • Total Deduction Amnt: 65625
  • Total Finished Square Footage: 3480
  • Type: 1 Story
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 3480.00
  • Appliances: Clothes Dryer, Clothes Washer, Dishwasher, Garage Door Opener, Microwave, Oven Self Clean, Range / Oven, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Total Bedrooms: 5
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Ceramic Bath, Family Room, Formal Dining Rm, Kitchen Island, Open Floor Plan, Utility/Mud Room, Walk-In Closet(s)
  • Lot Sq Ft: 871200.00
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3480
  • Total Rooms: 5

Exterior Features

  • Exterior Features: Covered Porch, Patio, Thermopane Windows

Garage/Parking

  • Garage Type: Attached, Pole Barn
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water: Pond
  • Water Type: Public Onsite

Lot Info

  • Acres: 20.0000
  • Lot Description: Panoramic View, Scenic View, Wooded Lot
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 8, 2021
Sold by
Morrison Timothy R
Bought by
Schlabach Jonas N
Seller's Agent
Linda Bruther
Century 21 River Valley
Buyer's Agent
Linda Bruther
Century 21 River Valley
List Price
$1,400,000
Sold Price
$950,000
Premium/Discount to List
-$450,000
-32.14%
Current Estimated Value
$702,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$247,080
Avg. Annual Appreciation
-7.29%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $950,000 Madison Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2025 03/20/25 Sold $420,000 +41999900.0% $121 / Sq Ft
02/24/2025 02/24/25 Pending -- -- --
01/12/2025 01/12/25 For Sale $1 -100.0% $0 / Sq Ft
10/08/2021 10/08/21 Sold $950,000 -32.1% $271 / Sq Ft View Prior Sale
08/25/2021 08/25/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,400,000 -- $400 / 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 $2,330 $221,600 $23,400 $198,200
2023 $4,946 $245,900 $21,500 $224,400
2022 $4,915 $244,200 $19,500 $224,700
2021 $2,497 $223,000 $18,400 $204,600
2020 $2,561 $226,700 $18,400 $208,300
2019 $2,526 $230,600 $19,800 $210,800
2018 $2,611 $233,400 $20,100 $213,300
2017 $2,638 $235,700 $21,200 $214,500
2016 $2,652 $238,700 $21,800 $216,900
2014 $2,414 $238,400 $22,200 $216,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Karla Tobias-Bohle

    Tobias Auction Service

    Section Image

  • L

    Seller's Agent in 2021

    Linda Bruther

    Century 21 River Valley

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202505211

Southern Indiana REALTORS® Association

APN: 39-14-18-000-012-000-011

Indiana Jefferson County Lexington 47138

2928 S 950 W, Lexington, IN

This home is located at 2928 S 950 W, Lexington, IN 47138 and is currently priced at $420,000, approximately $120 per square foot. This property was built in 2002. 2928 S 950 W is a home located in Jefferson County with nearby schools including Southwestern Elementary School, Southwestern Middle School, and Southwestern Middle/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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