NOT LISTED FOR SALE

3280 Rusk Rd Shoals, IN 47581

Estimated Value: $56,000 - $162,637

2 Beds
1 Bath
996 Sq Ft
$109/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $25,500 $26 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $682/month

62 Days on Market

Highlights

  • 13.2 Acre Lot
  • 2 Car Detached Garage
  • Shed
  • Wooded Lot
  • Horse Farm
  • 1-Story Property

About This Home

As of March 2015

AS IS BANK REO PROPERTY! Rustic setting on 13+/- Acres. Inspections Welcomed but no repairs offered to be Made by Seller! Recent Water Damage in Basement. Roof needs to be replaced.

Last Agent to Sell the Property

Mike Johnson

Lopp Real Estate Brokers License #RB14024181 Listed on: 12/05/2014

Last Buyer's Agent

OUTSIDE AGENT

OUTSIDE COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1956

Lot Details

  • 13.2 Acre Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Detached Garage
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Block Foundation
  • Frame Construction

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Shed
  • Horse Farm

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 511203300025000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Improvements: 41900
  • Annual Tax: 372
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Concrete Block
  • Land Assessment: 22100
  • Legal Description: PT S1/2 NE SW 3-1-3; 13.02 Acres
  • Out Buildings: Adds, Garage, Shed
  • Parcel Number: 511203300025000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Timber Acreage: 3.5
  • Total: 64000
  • Total Finished Square Footage: 996
  • Type: 1 Story
  • Year Built: 1956
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Unfinished, Walkout
  • Above Grade Finished Sq Ft: 996.00
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Fireplace: Woodburning
  • Lot Measurement: Acres
  • Lot Sq Ft: 574992.00
  • Room Count: 5
  • Sewer Type: Sewer
  • Total Sq Ft: 996
  • Total Rooms: 4

Exterior Features

  • Road Frontage: 350 Estimated

Garage/Parking

  • Garage Type: Detached, Front Entry, Side Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Unknown
  • Fuel Type: Unknown
  • Heat Type: Heat Pump
  • Water Type: Unknown

Lot Info

  • Acres: 13.2000
  • Farm Type: Horse, Trees
  • Lot Description: Irrg, Wooded Lot
  • Tillable Acreage: 8.52
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2014
Closed on
Feb 25, 2015
Bought by
Miller Darrel and Miller Deborah
Seller's Agent
Mike Johnson
Lopp Real Estate Brokers
Buyer's Agent
OUTSIDE AGENT
OUTSIDE COMPANY
List Price
$30,000
Sold Price
$25,500
Premium/Discount to List
-$4,500
-15%
Current Estimated Value
$108,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,379
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Oct 21, 2014
Sold by
Christopher Christopher and Peek Rebecca L
Bought by
Old National Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
4.21%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miller Darrel -- --
Old National Bank $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Old National Bank $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2015 03/03/15 Sold $25,500 -15.0% $26 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
12/05/2014 12/05/14 For Sale $30,000 -- $30 / 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 $970 $68,500 $27,600 $40,900
2023 $970 $63,500 $24,600 $38,900
2022 $817 $58,100 $21,500 $36,600
2021 $769 $51,500 $19,400 $32,100
2020 $741 $49,400 $18,900 $30,500
2019 $762 $50,500 $20,500 $30,000
2018 $763 $50,500 $20,500 $30,000
2017 $765 $50,800 $21,900 $28,900
2016 $951 $64,400 $22,400 $42,000
2014 $360 $64,000 $22,100 $41,900
2013 -- $61,400 $20,200 $41,200
Source: Public Records

Agents Affiliated with this Home

  • Mike Johnson

    Seller's Agent in 2015

    Mike Johnson

    Lopp Real Estate Brokers

    (502) 741-3625

    12 Total Sales

    Mike Johnson
    Section Image

  • O

    Buyer's Agent in 2015

    OUTSIDE AGENT

    OUTSIDE COMPANY

See All Agents

Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201408354

Southern Indiana REALTORS® Association

APN: 51-12-03-300-025.000-005

Indiana Martin County Shoals 47581

3280 Rusk Rd, Shoals, IN

This home is located at 3280 Rusk Rd, Shoals, IN 47581 since 05 December 2014 and is currently estimated at $108,879, approximately $109 per square foot. This property was built in 1956. 3280 Rusk Rd is a home located in Martin County with nearby schools including Shoals Community Elementary School, Shoals Middle School, and Shoals Community Junior/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.

Nearby Homes