$349,000
$40K PRICE DROP

348 Arthur Rd Springville, IN 47462

Estimated payment $2,072/month

Total Views 6,420
5 Beds
6 Baths
3,584 Sq Ft
$97 Price per Sq Ft

About This Home

Spacious Multi-Family Home on 1.83 Acres in Springville! Welcome to 348 Arthur Rd—a rare opportunity to own a thoughtfully designed multi-family home with over 3,000 sq ft of living space on nearly 2 acres. Built in 2000 with insulated concrete form construction, this home offers durability, energy efficiency, and space to meet a variety of living needs. Step inside to discover 5 bedrooms and 6 full bathrooms, including a spacious main-level master suite with a full bath and convenient laundry access. The lower level is perfectly suited for multi-generational living, rental income, or guest accommodations, featuring four private efficiency units. Each includes its own bedroom, full bathroom, shared kitchenette, and shared laundry area—ideal for tenants or extended family. Recent updates include a new HVAC system and a new roof, offering peace of mind for years to come. The 1.83-acre lot provides ample outdoor space for gardening, and recreation. Whether you're looking for an investment opportunity or space for extended family, this unique Springville home offers both comfort and flexibility in a serene country setting!

Listing Agent

Stacy Lafferty

RE/MAX Acclaimed Properties Brokerage Phone: 812-583-7553 Listed on: 04/11/2025

RE/MAX Acclaimed Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,534

Year Built

  • Built in 2000

Lot Details

  • 1.83 Acre Lot
  • Rural Setting

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Vinyl Construction Material
  • Limestone

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on main level

Finished Basement

  • Walk-Out Basement
  • 4 Bathrooms in Basement
  • 4 Bedrooms in Basement

Schools

  • Springville Elementary School
  • Oolitic Middle School
  • Bedford-North Lawrence High School

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 47-04-06-300-031.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2000
  • Age: 25
  • Style: One Story
  • Architectural Style: Ranch, Walkout Ranch
  • Total Number of Rooms: 12
  • Total Number of Rooms Below Grade: 7
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 6
  • Total Full Bathrooms: 6
  • Legal Description: Cent Pt SE SW 6-6-2W (1.83 Acres)
  • Parcel Number ID: 47-04-06-300-031.000-007
  • Platted: Yes
  • Amenities: Main Floor Laundry
  • Location: Rural
  • Number Below Grade Bedrooms: 4
  • Year Taxes Payable: 2025
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3584
  • Total Finished Sq Ft: 3584
  • Above Grade Finished Sq Ft: 1792
  • Below Grade Finished Sq Ft: 1792
  • Price Per Sq Ft: 194.75
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Lower
  • Bedroom 3: Dimensions: 12x14, On Level: Lower
  • Bedroom 4: Dimensions: 12x14, On Level: Lower
  • Bedroom 5: Dimensions: 12x14, On Level: Lower
  • Other Room1: 2nd Laundry Room, On Level: Lower
  • Other Room 2: Kitchenette, On Level: Lower
  • Number Below Grade Bathrooms: 4
  • Number of Below Grade Full Bathrooms: 4
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1792

Exterior Features

  • Exterior: Vinyl, Limestone
  • Outbuilding1: Outbuilding, Dimensions: 12x14

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: North Lawrence Community Schools
  • Elementary School: Springville
  • Middle School: Oolitic
  • High School: Bedford-North Lawrence
  • Elementary School: Springville

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 79715
  • Estimated Lot Size Acres: 1.83

Tax Info

  • Annual Taxes: 1533.56
  • Exemptions: Homestead, Over 65, Supplemental

MLS Schools

  • High School: Bedford-North Lawrence
  • Middle School: Oolitic
  • School District: North Lawrence Community Schools

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,534 $239,700 $19,200 $220,500
2023 $1,431 $220,700 $18,600 $202,100
2022 $1,431 $207,000 $18,100 $188,900
2021 $1,276 $186,700 $16,700 $170,000
2020 $1,233 $181,400 $16,200 $165,200
2019 $1,241 $176,900 $15,600 $161,300
2018 $973 $156,100 $15,200 $140,900
2017 $1,121 $151,200 $15,000 $136,200
2016 $1,105 $151,200 $14,700 $136,500
2014 $1,037 $144,400 $14,200 $130,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Price Changed $349,000 -4.4% $97 / Sq Ft
04/28/2025 04/28/25 Price Changed $365,000 -6.2% $102 / Sq Ft
04/11/2025 04/11/25 For Sale $389,000 -- $109 / Sq Ft
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202512456

Indiana Regional MLS

APN: 47-04-06-300-031.000-007