$234,900
SOLD OCT 9, 2020

2965 W Cedar Springs Ln Palmyra, IN 47164

4 Beds
3 Baths
3,072 Sq Ft
6.47 Acres

Recently Sold

$76 Per Sq Ft

4% Below List Price

Highlights

  • Waterfront
  • River Nearby
  • Main Floor Primary Bedroom
  • West Washington Elementary School Rated 9+
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of November 2023

JUST REDUCED! 1 YR HOME WARRANTY INCLUDED! Nice 4bd/3ba log home overlooks the Blue River! Amazing views! Private! Plenty of room to roam on this property! 2 car garage downstairs! Wood burning stone fireplace! This home will feel like you are on vacation with the relaxing atmosphere! Escape the busy hubub city life and come enjoy the serenity of the country! Call today!

Last Agent to Sell the Property

Brenda Pruitt

Mainstreet REALTORS License #RB14020257 Listed on: 08/28/2020

Last Buyer's Agent

Alesha Reinhold

Lopp Real Estate Brokers License #RB19001223

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,359

Year Built

  • Built in 1989

Lot Details

  • 6.47 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Off-Street Parking

Home Design

  • Log Cabin
  • Poured Concrete
  • Frame Construction
  • Wood Siding
  • Wood Trim

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • First Floor Utility Room
  • Partial Basement

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Garden Bath

Outdoor Features

  • River Nearby
  • Balcony
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • The river is a source of water for the property
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 880313000012001017

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,359

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Improvements: 98000
  • Additional Parking: Off Street
  • Annual Tax: 1359
  • Appointment: 24 Hour Notice
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Home Warranty Provided: APHW
  • Land Assessment: 39900
  • Legal Description: PT SW NW 13-1-3 6.472 AC.
  • Numof Fireplaces: 1
  • Parcel Number: 880313000012001017
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 137900
  • Total Deduction Amnt: 69850
  • Total Finished Square Footage: 3072
  • Type: 2 Story, Log
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Partial
  • Above Grade Finished Sq Ft: 3072.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Bath Master, Ceiling Fan(s), Eat-In Kitchen, Foyer, Garden Tub, Kitchen Island, Natural Wood Trim
  • Lot Sq Ft: 281833.20
  • Sewer Type: Sanitary Onsite
  • Total Sq Ft: 3072

Exterior Features

  • Exterior Features: Balcony, Covered Porch, Wood
  • Home Warranty: Yes

Garage/Parking

  • Garage Type: Basement
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

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

Lot Info

  • Acres: 6.4700
  • Lot Description: Adj River/Stream/Crk, Waterfront Property, Wooded Lot
  • Zoning: Residential

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

Mortgage History

Date Status Loan Amount Loan Type
Open $280,250 New Conventional
Previous Owner $178,062 FHA
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: 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 $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: Southern Indiana REALTORS® Association

MLS Number: 2020010287

Southern Indiana REALTORS® Association

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