$550,000
SOLD NOV 4, 2024

3750 N Paper Mill Rd Madison, IN 47250

3 Beds
2 Baths
2,070 Sq Ft
39.86 Acres

Recently Sold

$266 Per Sq Ft

8% Below List Price

10 Days on Market

Highlights

  • In Ground Pool
  • Wood Burning Stove
  • Screened Porch
  • 39.86 Acre Lot
  • Pole Barn
  • Eat-In Kitchen

About This Home

As of November 2024

40 Acre private retreat located just off Madison's hilltop. This special property offers a classic farmhouse with potential for four bedrooms. Home has had many upgrades throughout. The full-length screened porch is lovely. A list of this property's amenities includes an inground pool and party barn, as well as multiple other outbuildings. As you cross the bridge over the scenic creek to the farm, you will experience wooded trails, a four-acre lake and thirty acres of tillable ground that make this a must-see property!

Last Agent to Sell the Property

Tony Bilz

F.C. Tucker/Scott Lynch Group License #RB14029672 Listed on: 09/11/2024

F.C. Tucker/Scott Lynch Group

Last Buyer's Agent

Carsha Strouse

F.C. Tucker/Scott Lynch Group License #RB14051395

F.C. Tucker/Scott Lynch Group

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,970

Year Built

  • Built in 1900

Lot Details

  • 39.86 Acre Lot
  • Property is zoned Agriculture

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Farm
  • Stone Foundation
  • Slab Foundation

Interior Spaces

  • 2,070 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Screened Porch
  • Utility Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Basement Cellar
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Pole Barn
  • Shed

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Liquid Propane Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0100034600

Property Details

Property Type

Other

Est. Annual Taxes

$1,970

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Improvements: 151800
  • Annual Tax: 1970
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space, Rock, Slab
  • Land Assessment: 65000
  • Legal Description: 010-00346-00 E1/2 NW 16-4-10 39.86A 10-19-5 =3750 N PAPER MILL RD
  • Numof Fireplaces: 1
  • Out Buildings: Barn(s), Pole Barn, Shed
  • Parcel Number: 0100034600
  • Property Sub Type: Farm
  • Property Type: Residential/Farm
  • Total: 216800
  • Total Deduction Amnt: 94275
  • Total Finished Square Footage: 2070
  • Type: 2 Story
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Cellar, Partial, Unfinished
  • Above Grade Finished Sq Ft: 2070.00
  • Appliances: Dishwasher, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • Fireplace: Gas Burning, Wood Stove
  • Interior Amenities: Ceiling Fan(s), Eat-In Kitchen, Kitchen Island, Utility/Mud Room
  • Lot Sq Ft: 1736301.60
  • Room Count: 9
  • Sewer Type: Sewer
  • Total Sq Ft: 2070
  • Total Rooms: 9

Exterior Features

  • Exterior Features: Pool - Inground, Porch, Screened Porch

Garage/Parking

  • Garage Type: Attached Utility, Carport
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Schools

  • School District: Madison Cons.

Lot Info

  • Acres: 39.8600
  • Farm Type: General
  • Zoning: Agriculture

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 4, 2024
Sold by
Nelson Mary
Bought by
Mcmahan Damon J
Seller's Agent
Tony Bilz
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Carsha Strouse
F.C. Tucker/Scott Lynch Group
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Total Days on Market
10
Views
10
Current Estimated Value
$581,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,210
Avg. Annual Appreciation
1.15%

Purchase Details

Listed on
Sep 13, 2023
Closed on
Oct 31, 2023
Sold by
Grossman Jill L
Bought by
Nelson Mary
Seller's Agent
Scott Lynch
F.C. Tucker/Scott Lynch Group
Buyer's Agent
Judy Hoffman
Coldwell Banker Harrell & Asso
List Price
$499,900
Sold Price
$450,000
Premium/Discount to List
-$49,900
-9.98%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.98%

Purchase Details

Closed on
Sep 10, 2010
Sold by
Sanford
Bought by
Victor and Jill
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
Deed $550,000 Madison Land Title
Deed $450,000 Mattingly-Ford Ttle Services L
Deed $170,000 Collins, Hensley & Wynn
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2024 11/04/24 Sold $550,000 -8.2% $266 / Sq Ft
09/21/2024 09/21/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $599,000 +33.1% $289 / Sq Ft
10/31/2023 10/31/23 Sold $450,000 -10.0% $217 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $499,900 -- $241 / 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 $2,461 $225,800 $74,000 $151,800
2023 $2,419 $216,800 $65,000 $151,800
2022 $2,189 $196,300 $55,600 $140,700
2021 $1,970 $180,000 $50,600 $129,400
2020 $1,758 $167,900 $50,300 $117,600
2019 $1,809 $175,400 $57,000 $118,400
2018 $1,760 $177,400 $58,200 $119,200
2017 $1,859 $182,000 $63,800 $118,200
2016 $1,746 $184,600 $66,400 $118,200
2014 $1,775 $185,600 $68,600 $117,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 2024010782

Southern Indiana REALTORS® Association

APN: 39-08-16-000-013-000-006