$840,000
SOLD MAY 15, 2025

3972 Walters Rd NE Lanesville, IN 47136

4 Beds
3 Baths
4,588 Sq Ft
17.04 Acres

Recently Sold

$183 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Greenhouse
  • 17.04 Acre Lot
  • Deck
  • Panoramic View
  • Open Floorplan
  • Farm

About This Home

As of May 2025

**Welcome to Your Dream Farm!** This stunning ranch home, featuring a fully finished walkout basement, is sitting on a gorgeous 17 acres in historic Lanesville. It embodies the perfect blend of luxury and functionality for anyone seeking the ultimate farm lifestyle. You'll be captivated by the numerous high-end updates, including a beautifully renovated kitchen, master bathroom, lower-level bathroom, and a spacious exterior covered porch—in addition to the courtyard with fountain, perfect for relaxing or entertaining guests. The seller has invested in significant enhancements, including new garage doors, a state-of-the-art tankless water heater, and an advanced indoor/outdoor surround sound system, all completed in 2017. Over the years, from 2019 to 2025, additional upgrades have transformed this property: a charming new mini barn, a robust horse shelter, a convenient run-in shelter, secure fencing and paddock area, electric lines added to the paddocks, and a delightful chicken coop. Plus, you'll appreciate the comfort of a home dehumidifier and a high-efficiency furnace. With so many exceptional features and upgrades, this property is truly heaven—the farm currently homes Miniature Horses, Ponies, Hens, and Roosters. Don’t miss your chance to make this remarkable farm yours! All room measurements and sq. ft are approximate.

Last Agent to Sell the Property

Michelle Warford

RE/MAX Ability Plus License #RB14035280 Listed on: 04/01/2025

RE/MAX Ability Plus

Last Buyer's Agent

Shawn Faye

RE/MAX Ability Plus License #RB14044059

RE/MAX Ability Plus

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1995

Lot Details

  • 17.04 Acre Lot
  • Kennel
  • Fenced Yard
  • Landscaped

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding
  • Stone Exterior Construction
  • Radon Mitigation System

Interior Spaces

  • 4,588 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wet Bar
  • Sound System
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Decorative Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Blinds
  • Window Screens
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Recreation Room
  • First Floor Utility Room
  • Storage
  • Utility Room
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Ceramic Tile in Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Crawl Space

Outdoor Features

  • Deck
  • Covered patio or porch
  • Greenhouse
  • Pole Barn
  • Shed

Farming

  • Horse or Livestock Barn
  • Farm
  • 12 Acres of Pasture
  • Horse Farm

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Liquid Propane Gas Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 311116100001000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,085

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Improvements: 473900
  • Annual Tax: 3085
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Poured Concrete
  • Land Assessment: 60700
  • Legal Description: PT NW QR 16-3-5 17.04 AC. 50' X 2640' RT. OF WAY SURVEY ON FILE 7-21-92.
  • Numof Fireplaces: 3
  • Out Buildings: Barn(s), Horse Barn, Kennel, Pole Barn, Shed
  • Parcel Number: 311116100001000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 534600
  • Total Deduction Amnt: 219450
  • Total Finished Square Footage: 4588
  • Type: 1 Story
  • Year Built: 1995
  • Special Features: None

Interior Features

  • Water Heater: Lp Gas
  • Basement Type: Crawl Space, Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 2418.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener, Humidifier, Microwave, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • Fireplace: Gas Burning, Decorative, Woodburning
  • Interior Amenities: 1st Floor Master, 1st Floor Utility, Added Storage, Bath Master, Blinds, Ceiling Fan(s), Ceramic Bath, Eat-In Kitchen, Family Room, Formal Dining Rm, Foyer, Kitchen Island, Open Floor Plan, Pantry, Radon Mitigation Sys, Rec Room, Security System, Separate Shower(s), Surround Sound, Utility/Mud Room, Walk-In Closet(s), Wet Bar
  • Lot Sq Ft: 742262.40
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 4588
  • Total Rooms: 8

Exterior Features

  • Exterior Features: Covered Patio, Covered Porch, Deck, Fenced Yard, Greenhouse, Landscaped, Paved Driveway, Screens, Stone, Thermopane Windows, Vinyl Siding

Garage/Parking

  • Garage Type: Attached, Pole Barn
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 17.0400
  • Farm Type: General, Horse, Working
  • Lot Description: Panoramic View, Scenic View
  • Pasture Acreage: 12 Acres
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2015
Sold by
Margerum L
Bought by
Heideman Lisa
Source: Public Records

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Range of Values:

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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 $439,000 Kemp Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 Sold $840,000 +0.7% $183 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
04/01/2025 04/01/25 For Sale $834,500 -- $182 / 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 $3,085 $534,600 $60,700 $473,900
2023 $3,036 $525,800 $58,100 $467,700
2022 $3,014 $483,000 $50,400 $432,600
2021 $2,930 $427,300 $41,900 $385,400
2020 $2,742 $398,300 $38,800 $359,500
2019 $2,915 $384,600 $35,800 $348,800
2018 $2,607 $356,900 $36,100 $320,800
2017 $2,462 $336,600 $32,900 $303,700
2016 $2,419 $315,600 $33,600 $282,000
2014 $2,215 $294,800 $32,500 $262,300
2013 $2,215 $300,600 $26,100 $274,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202506910

Southern Indiana REALTORS® Association

APN: 31-11-16-100-001.000-005