NOT LISTED FOR SALE

3840 Rusk Rd Shoals, IN 47581

Estimated Value: $145,000 - $181,000

3 Beds
1 Bath
900 Sq Ft
$181/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $75,000 $83 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $981/month

224 Days on Market

Highlights

  • 21.96 Acre Lot
  • Partially Wooded Lot
  • Pasture
  • Lake Property
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of May 2016

A hunters paradise!! This 21.96 acre farm has it all. One can fish, hunt, bird watch, atv ride, or just enjoy the peaceful outdoors. The 3 bedroom 1 bath pole barn style cabin can either be a home or a place to get away and enjoy the outdoors. It offers 2 sheds as well as a fenced in area that you can raise small livestock such as chickens. The property has 6 acres in the back that is tillable. It is now being rented by a farmer so if you choose to keep doing this you are able to. Behind the field are 2 stocked ponds filled with fish separated by a dam. The 2 ponds together take up to 3/4 of an acre. Plenty of woods on the property for deer and other wildlife to inhibit as well. This property will not last long especially for those avid hunters. All property for sale is on the east side of Rusk Rd. This property of 21.96 acres can also be purchased with MLS #201549083 of 34.1880 acres for a total price of $200,000.00.

Last Agent to Sell the Property

Kelley Boone

ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/19/2015

Last Buyer's Agent

Mary Norris

F.C. TUCKER EMGE

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $215

Year Built

  • Built in 2013

Lot Details

  • 21.96 Acre Lot
  • Rural Setting
  • Property has an invisible fence for dogs
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Lake Property
  • Lake, Pond or Stream

Farming

  • Pasture

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Powered By Owned Propane
  • Propane

Listing and Financial Details

  • Assessor Parcel Number 51-12-04-100-007.002-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$215

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2013
  • Age: 3
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE 4-1-3 21.96AC
  • Parcel Number ID: 51-12-04-100-007.002-005
  • Platted: Yes
  • Amenities: Countertops-Laminate, Dryer Hook Up Electric, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Floor Laundry, Washer Hook-Up
  • Cross Street: IN 56 East
  • Improvmnts In Last5 Yrs: Yes
  • Legal Description2: PT W 1/2 SE NE 4-1-3 2.26AC
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 65.22
  • Special Features: None

Interior Features

  • Total Sq Ft: 1800
  • Total Finished Sq Ft: 900
  • Above Grade Finished Sq Ft: 900
  • Above Grade Unfinished Sq Ft: 900
  • Basement Foundation: Crawl, Slab
  • Flooring: Carpet, Concrete, Laminate
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 16x11, On Level: Main
  • Bedroom 1: Dimensions: 13x11, On Level: Main
  • Bedroom 2: Dimensions: 9x9, On Level: Main
  • Bedroom 3: Dimensions: 7x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Outbuilding1: Shed, Dimensions: 8x8
  • Fence: Pet Fence
  • Lake Type: Non Ski Lake
  • Outbuilding2: Shed, Dimensions: 8x8, 64

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Propane, Propane Tank Owned
  • Water Utilities: Public
  • Electric Company: REMC
  • Cable Company: DirectTV, Dish Network
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 5xMain, On Level: 6

Schools

  • School District: Shoals Community School Corp.
  • Elementary School: Shoals Community
  • Middle School: Shoals Community
  • High School: Shoals

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, Lake, Pasture, Wooded
  • Lot Dimensions: irregular shaped
  • Estimated Lot Sq Ft: 956578
  • Estimated Lot Size Acres: 21.96

Tax Info

  • Annual Taxes: 215.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2015
Closed on
May 6, 2016
Sold by
Hellums Charles D
Bought by
Jackson Howard L and Benedict Linda A
Seller's Agent
Kelley Boone
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent
Mary Norris
F.C. TUCKER EMGE
List Price
$120,000
Sold Price
$75,000
Premium/Discount to List
-$45,000
-37.5%
Current Estimated Value
$162,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,901
Avg. Annual Appreciation
8.41%
Source: Public Records

Range of Values:

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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
Jackson Howard L $75,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $75,000 -37.5% $83 / Sq Ft
02/28/2016 02/28/16 Pending -- -- --
07/19/2015 07/19/15 For Sale $120,000 -- $133 / 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 $970 $68,500 $32,400 $36,100
2023 $970 $63,600 $29,100 $34,500
2022 $814 $57,900 $25,700 $32,200
2021 $780 $52,300 $23,400 $28,900
2020 $760 $50,700 $22,700 $28,000
2019 $781 $51,800 $24,400 $27,400
2018 $788 $52,200 $24,500 $27,700
2017 $799 $53,100 $26,000 $27,100
2016 $259 $52,500 $32,700 $19,800
2014 $226 $44,100 $24,000 $20,100
2013 -- $50,700 $30,800 $19,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201534281

Indiana Regional MLS

APN: 51-12-04-100-007.002-005