$259,000
$21K PRICE DROP

3950 N State Highway 7 North Vernon, IN 47265

Estimated payment $1,366/month

Total Views 34,602
5 Beds
2 Baths
3,329 Sq Ft
$78 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • Baseboard Heating
  • 2 Car Detached Garage

About This Home

Spacious 5-Bedroom, 2-Bath Residence on 2 Acres – Ideal for Multi-Generational Living or Rental Income
This distinctive property offers the flexibility and space you’ve been seeking. With 5 bedrooms and 2 full bathrooms, this residence can easily function as two separate living units – perfect for extended family, guests, or an investment opportunity. Features include: Two full kitchens – one on each level, providing complete independence for each unit. Ample storage and closets throughout – no shortage of space for your belongings. Large pantry – ideal for bulk shopping and organized storage. Newly installed roof – providing peace of mind. Freshly blacktopped driveway – ample parking space with a clean, updated appearance. Oversized garage – room for vehicles, equipment, and a workshop. 2 acres of land – enjoy privacy, gardening, and outdoor recreation. Whether you’re seeking a spacious single-family residence or a property with income potential, this one has it all. And if that's not enough there is bonus cabin attached to back of the home. Perfect for a stay at home getaway. Schedule your showing today.

Listing Agent

Mike Ashby

License #RB22000417 Listed on: 09/18/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116

Year Built

  • Built in 1969

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • 3,329 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Wood
  • Radiant Heating System
  • Baseboard Heating
  • Propane
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Oven or Range
  • 1.81 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0050394400

Home Details

Home Type

Single Family

Est. Annual Taxes

$116

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Additional Parking: Off Street
  • Annual Tax: 56
  • Appointment: Mandatory
  • Construction: Existing
  • Legal Description: MCCLELLANS 2ND 1 2 3 4
  • Parcel Number: 0050394400
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total Finished Square Footage: 3329
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Daylight, Finished, Outside Entrance, Walkout
  • Above Grade Finished Sq Ft: 2408.00
  • Appliances: Clothes Dryer, Clothes Washer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Lot Sq Ft: 78943.79
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3329

Garage/Parking

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

Utilities

  • Cooling Type: Central Air, Window A/C Unit(s)
  • Fuel Type: Electric, Lp Gas, Wood
  • Heat Type: Baseboard, Forced Air, Radiant
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.8123

Map

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

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 $116 $150,600 $26,900 $123,700
2023 $114 $149,400 $26,900 $122,500
2022 $112 $148,500 $26,900 $121,600
2021 $110 $137,300 $26,900 $110,400
2020 $107 $133,200 $26,800 $106,400
2019 $443 $136,400 $26,800 $109,600
2018 $426 $136,400 $26,800 $109,600
2017 $434 $136,900 $26,800 $110,100
2016 $2,421 $136,900 $26,800 $110,100
2014 $2,653 $152,000 $26,800 $125,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Price Changed $259,000 -3.4% $78 / Sq Ft
09/23/2025 09/23/25 Price Changed $268,000 -4.3% $81 / Sq Ft
09/18/2025 09/18/25 For Sale $280,000 -- $84 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Land Contract $110,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $107,000 Land Contract Argmt. Of Sale
Source: Public Records

About the Listing Agent

Mike's Other Listings

  • 155 N Gardner St, Scottsburg, IN 47170

    $159,000

    • 3 Beds
    • 1 Bath
    • 1,341 Sq Ft
    • 155 N Gardner St
    • Scottsburg, IN

    Check out the solid brick residence located just minutes away from Scottsburg Square. The first thing you'll notice is the serene covered front porch. Upon entering the house, you'll find a spacious living room with natural hardwood floors and a wood-burning fireplace. The main bedroom is also quite large with an access point to the outdoors. The kitchen space is equally impressive with an island

    Mike Ashby

    Section Image
  • 2476 N Old 56, Salem, IN 47167

    $235,000

    • 4 Beds
    • 2 Baths
    • 1,180 Sq Ft
    • 2476 N Old 56
    • Salem, IN

    Have you always envisioned owning a small farm? Consider this four-bedroom, two-bathroom residence situated on two acres of land. The home was renovated in 2023, featuring new windows, kitchen cabinets, and appliances. An unattached garage offers ample storage space. The property also boasts a 20x40 hoop barn with three stalls, lumber for additions or a hay loft, two smaller pens with shelters

    Mike Ashby

    Section Image
  • 3751 N Shell Ln, Salem, IN 47167

    $99,999

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 3751 N Shell Ln
    • Salem, IN

    Are you seeking serene country living on a 2-acre dead-end road property? This residence offers an ideal solution, situated just seven minutes from Salem Square. The home features a spacious driveway with ample rear parking, perfect for accommodating multiple vehicles. A detached garage with a lean-to provides additional storage space for equipment and workshops. The interior boasts a large

    Mike Ashby

    Section Image
  • 113 Maruth Dr, Salem, IN 47167

    $249,900

    • 3 Beds
    • 3 Baths
    • 2,888 Sq Ft
    • 113 Maruth Dr
    • Salem, IN

    PRICED TO SALE! Check out this must-see property situated on a hill overlooking Salem, Indiana. This 2,888 sq ft property features an open concept with a 39 x 19 main living room as the centerpiece. To the right of the living room, you will find a kitchen, dining room, and sunroom. The kitchen boasts a breakfast bar opening into the living room and a window opening into the sunroom. Additionally,

    Mike Ashby

    Section Image
  • 406 W Mulberry St, Salem, IN 47167

    $199,999

    • 3 Beds
    • 1.5 Baths
    • 1,796 Sq Ft
    • 406 W Mulberry St
    • Salem, IN

    Step inside through the original front door and be greeted by a warm, inviting foyer with access to the staircase from both the foyer and dining area. The spacious living room connects to a formal dining room featuring elegant parquet floors and a classic pocket door that adds both charm and privacy. This home offers three generous bedrooms, two full bathrooms, and huge closets throughout —

    Mike Ashby

    Section Image
  • 351 N Orchard Rd, Salem, IN 47167

    $310,000

    • 3 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 351 N Orchard Rd
    • Salem, IN

    The term immaculate should be reserved for instances where it is genuinely applicable. This property undoubtedly meets that standard. I invite you to explore this immaculate home, which boasts a spectacular country setting mere minutes from Salem Square. Situated on over an acre of land, the property features a three-bay, 36x40 garage directly across from a three-bedroom, two-bath 2022 Fleetwood

    Mike Ashby

    Section Image
  • 110 W US Highway 150, Fredericksburg, IN 47120

    $86,000

    • 2 Beds
    • 1 Bath
    • 740 Sq Ft
    • 110 W US Highway 150
    • Fredericksburg, IN

    Consider this charming residence situated on a hill in Fredericksburg. The property is located on a corner lot between Beck Mill Road and US 150, and sits on a 0.7-acre lot. The primary entrance to this house is through the rear door, where you will find an additional room that could serve as an office, sitting space, or be converted into a third bedroom. From there, you enter the spacious

    Mike Ashby

    Section Image
  • 7185 E Old 56, Salem, IN 47167

    $150,000 Sold Oct 23, 2025

    • 3 Beds
    • 2 Baths
    • 1,700 Sq Ft
    • 7185 E Old 56
    • Salem, IN

    Motivated seller!!!!!!!! 1700 ft.2 on 1.4 acres backing up to a forest for under 200,000!!!!!! Experience the ultimate in country living in Salem, Indiana. This exceptional property boasts a spacious home situated on 1.43 acres, adjacent to several hundred acres of state-owned land. The residence features a large gravel driveway, a 15x5 front deck, and a 16x15 back deck overlooking the

    Mike Ashby

  • 0 N Mckinley Rd, Jefferson Township, IN 47108

    $50,000 Sold May 19, 2025

    • Land
    • 11.20 Acre Lot
    • 0 N Mckinley Rd
    • Jefferson Township, IN

    Build, live, hunt, enjoy. Find your ideal land! This 11.2-acre property on McKinley Hill Rd in Campbellsburg, Indiana, offers a unique combination of around one acre of cleared land, approximately 500 feet of road frontage, and the rest wooded areas suitable for hunting, making it an attractive opportunity for building a dream home. Schedule your showing today.

    Mike Ashby

Source: Southern Indiana REALTORS® Association

MLS Number: 2025011220

Southern Indiana REALTORS® Association

APN: 40-09-19-110-001.000-006