NOT LISTED FOR SALE

2965 W Cedar Springs Ln Palmyra, IN 47164

Estimated Value: $362,000 - $453,000

4 Beds
3 Baths
3,726 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $295,000 $79 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,254/month

73 Days on Market

Highlights

  • 350 Feet of Waterfront
  • Partially Wooded Lot
  • Covered Patio or Porch
  • West Washington Elementary School Rated 9+
  • Wood Flooring
  • Beamed Ceilings

About This Home

As of November 2023

Tranquility and privacy await you at this beautiful, Amish built home. Step inside to a grand foyer where you will find natural wood walls and fresh new flooring. The living space offers ample space and a beautiful stone, woodburning fireplace as well as new flooring. The kitchen is large with plenty of room for a full-sized table. The first floor also offers a formal dining room that could be used as an office or playroom as well, and a full bathroom. Upstairs you will find a massive primary bedroom with balcony access. The bathroom has new flooring and a large garden tub perfect for relaxation. Two more bedrooms, one of which has balcony access, finish out the top level. This home also offers a basement that includes a kitchenette and full bathroom as well as access to the two-car garage. Situated on nearly 7 acres, this home offers lovely view of the Blue River as well as plenty of space to enjoy nature. There is even a fenced, pastured area for animals! Home Warranty included!

Last Agent to Sell the Property

Katharine Barker

Benish Real Estate Group Brokerage Phone: 317-525-6488 Listed on: 07/31/2023

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1989

Lot Details

  • 6.47 Acre Lot
  • 350 Feet of Waterfront
  • River Front
  • Rural Setting
  • Partially Fenced Property
  • Partially Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Gravel Driveway

Home Design

  • Log Cabin
  • Shingle Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Water Views
  • Washer and Electric Dryer Hookup

Kitchen

  • Kitchenette
  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Garden Bath
  • Separate Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Schools

  • West Washington Elementary And Middle School
  • West Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Propane
  • The river is a source of water for the property
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 88-03-13-000-012.001-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1989
  • Age: 34
  • Style: Two Story
  • Architectural Style: Log
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: 23-13-200-012.001-11 PT SW NW 13-1-3 6.472ac
  • Parcel Number ID: 88-03-13-000-012.001-017
  • Platted: Yes
  • Amenities: Balcony, Ceiling-9+, Ceilings-Beamed, Dryer Hook Up Electric, Eat-In Kitchen, Foyer Entry, Garden Tub, Home Warranty Included, Kitchen Island, Porch Covered, Kitchenette, Stand Up Shower, Formal Dining Room, Washer Hook-Up
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 96.75
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4416
  • Total Finished Sq Ft: 3726
  • Above Grade Finished Sq Ft: 2944
  • Below Grade Finished Sq Ft: 782
  • Below Grade Sq Ft: 690
  • Price Per Sq Ft: 100.2
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood Floors, Tile, Vinyl
  • Living Great Room: Dimensions: 30x17, On Level: Main
  • Kitchen: Dimensions: 17x15, On Level: Main
  • Dining Room: Dimensions: 17x11, On Level: Main
  • Family Room: Dimensions: 14x7, On Level: Basement
  • Bedroom 1: Dimensions: 31x16, On Level: Upper
  • Bedroom 2: Dimensions: 17x14, On Level: Upper
  • Bedroom 3: Dimensions: 13x14, On Level: Upper
  • Bedroom 4: Dimensions: 16x15, On Level: Basement
  • Other Room1: Foyer, Dimensions: 9x14, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1472

Exterior Features

  • Exterior: Wood, Log
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Partial
  • Water Frontage: 350
  • Water Name: Little Blue River

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Basement
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x30
  • Garage Sq Ft: 690
  • Garage: Yes

Utilities

  • Cooling: Central Air, Window
  • Heating Fuel: Electric, Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Upperx6, On Level: 12
  • Water Type: River

Schools

  • School District: West Washington School Corp.
  • Elementary School: West Washington
  • Middle School: West Washington
  • High School: West Washington
  • Elementary School: West Washington

Lot Info

  • Lot Description: Partially Wooded, Waterfront, 6-9.999, Water View
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 281920
  • Estimated Lot Size Acres: 6.472

Tax Info

  • Annual Taxes: 1763.3
  • Exemptions: Homestead, Supplemental

Multi Family

  • Water Access: Riverfront

MLS Schools

  • High School: West Washington
  • Middle School: West Washington
  • School District: West Washington School Corp.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2023
Closed on
Nov 20, 2023
Sold by
Wrock Michael and Wrock Tasman
Bought by
Feuerstein John and Feuerstein Stefanie D
Seller's Agent
Katharine Barker
Benish Real Estate Group
Buyer's Agent
Bedford NonMember
NonMember BED
List Price
$309,900
Sold Price
$295,000
Premium/Discount to List
-$14,900
-4.81%
Views
535
Current Estimated Value
$400,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,709
Avg. Annual Appreciation
17.79%
Original Mortgage
$280,250
Outstanding Balance
$259,381
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$141,328

Purchase Details

Listed on
Aug 28, 2020
Closed on
Oct 9, 2020
Sold by
Segraves Donovan and Segraves Ina
Bought by
Wrock Michael and Wrock Tasman
Seller's Agent
Brenda Pruitt
Mainstreet REALTORS
Buyer's Agent
Alesha Reinhold
Lopp Real Estate Brokers
List Price
$244,900
Sold Price
$234,900
Premium/Discount to List
-$10,000
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 13, 2016
Sold by
Burk Thomas and Burk Shirley
Bought by
Segraves Donavon and Segraves Ina
Seller's Agent
Mary Finkle
Mainstreet REALTORS
Buyer's Agent
Jodie Wild
RE/MAX Advantage
List Price
$199,900
Sold Price
$200,000
Premium/Discount to List
$100
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%
Original Mortgage
$178,062
Interest Rate
3.62%
Mortgage Type
FHA
Source: Public Records

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
Feuerstein John -- None Listed On Document
Wrock Michael -- None Available
Segraves Donavon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feuerstein John $280,250
Previous Owner Segraves Donavon $178,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $295,000 -3.2% $79 / Sq Ft
09/21/2023 09/21/23 Price Changed $304,900 -1.6% $82 / Sq Ft
07/31/2023 07/31/23 For Sale $309,900 +31.9% $83 / Sq Ft
10/09/2020 10/09/20 Sold $234,900 0.0% $76 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $234,900 -2.1% $76 / Sq Ft
09/04/2020 09/04/20 Price Changed $239,900 -2.0% $78 / Sq Ft
08/28/2020 08/28/20 For Sale $244,900 +22.5% $80 / Sq Ft
05/13/2016 05/13/16 Sold $200,000 +0.1% $59 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $199,900 -- $59 / 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 $1,561 $198,000 $39,900 $158,100
2023 $1,631 $191,300 $39,900 $151,400
2022 $1,763 $185,500 $39,900 $145,600
2021 $1,867 $172,700 $39,900 $132,800
2020 $1,458 $141,400 $39,900 $101,500
2019 $1,359 $137,900 $39,900 $98,000
2018 $1,162 $129,400 $39,900 $89,500
2017 $1,093 $139,400 $39,900 $99,500
2016 $853 $125,400 $39,900 $85,500
2014 $835 $128,800 $39,900 $88,900
2013 $899 $128,600 $39,900 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202327034

Indiana Regional MLS

APN: 88-03-13-000-012.001-017