NOT LISTED FOR SALE

423 Indian Springs Rd McMinnville, TN 37110

Estimated Value: $367,382 - $469,000

4 Beds
3.5 Baths
3,572 Sq Ft
$117/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $685,000 $192 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $2,217/month

134 Days on Market

Highlights

  • Lake View
  • 53.2 Acre Lot
  • Wood Flooring
  • Waterfront
  • Contemporary Architecture
  • Separate Formal Living Room

About This Home

As of October 2020

CUSTOM BUILT BRICK HOME ON 53.2 SECLUDED ACRES IN THE BEAUTIFUL HILLS OF VAN BUREN CO.(53 MORE ACRES AVAIL) 1 HR FROM WILSON CO.. THIS HOME OFFERS SPACIOUS BEAUTY INSIDE & OUT, GORGEOUS VIEWS OF THE PRIVATE LAKE BEHIND THE HOUSE, A PRIVATE AIR STRIP FOR THOSE WHO OWN THEIR OWN PLANE! 4 BEDRMS/ 3.5 BATHS! THE OFFICE COULD BE A 5TH BEDROOM. IF YOU ENJOY HAVING PLENTY OF ACREAGE,, A CUSTOM HOME & A QUIET, PEACEFUL PLACE TO CALL HOME....THIS IS IT! SEE LINK TO VIRTUAL TOUR AT BOTTOM OF PAGE.

Last Agent to Sell the Property

Laurel Johnson

RE/MAX Carriage House License # 269550 Listed on: 02/06/2020

RE/MAX Carriage House

Last Buyer's Agent

Donna Sandstad,ABR,CRS,e-PRO,GR

Crye-Leike, Inc., REALTORS License #267239

Crye-Leike, Inc., REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 2006

Lot Details

  • 53.2 Acre Lot
  • Waterfront

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • 1 Carport Space
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,572 Sq Ft Home
  • Property has 2 Levels
  • Central Vacuum
  • Ceiling Fan
  • Separate Formal Living Room
  • Interior Storage Closet
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Spencer Elementary
  • Van Buren Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 080 00303 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,383

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2006
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Extra Closets
  • Appliances: Dryer, Refrigerator, Washer, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood, Laminate
  • Total Bedrooms: 4
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3572
  • Building Area Units: Square Feet
  • Living Area: 3572
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener, Storage
  • Construction Type: Brick
  • Patio And Porch Features: Covered Patio, Covered Porch
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Parking Features: Attached - Side, Detached, Gravel
  • Total Parking Spaces: 7

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 53.2
  • Lot Size Units: Acres
  • Parcel #: 080 00303 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1383

MLS Schools

  • Elementary School: Spencer Elementary
  • High School: Van Buren Co High School
  • Middle Or Junior School: Spencer Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Oct 13, 2020
Sold by
Lowe Daniel E
Bought by
King Bruce Wayne and Royal Savings 401K Trust
Seller's Agent
Laurel Johnson
RE/MAX Carriage House
Buyer's Agent
Donna Sandstad,ABR,CRS,e-PRO,GR
Crye-Leike, Inc., REALTORS
List Price
$559,000
Sold Price
$685,000
Premium/Discount to List
$126,000
22.54%
Current Estimated Value
$418,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$266,809
Avg. Annual Appreciation
-9.33%
Original Mortgage
$250,000
Outstanding Balance
$222,362
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$195,829

Purchase Details

Closed on
Jul 25, 2005
Sold by
Not Provided
Bought by
Lowe Daniel
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 Buyer Sale Price Title Company
King Bruce Wayne $240,212 Land Title South Inc
King Bruce Wayne $444,788 Land Title South Inc
Lowe Daniel $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King Bruce Wayne $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $685,000 +22.5% $192 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $559,000 -- $156 / Sq Ft
Source: Realtracs

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 $332 $13,850 $13,850 $0
2023 $332 $13,850 $13,850 $0
2022 $332 $13,850 $13,850 $0
2021 $332 $13,850 $13,850 $0
2020 $1,653 $13,850 $13,850 $0
2019 $1,383 $59,875 $13,225 $46,650
2018 $1,156 $59,875 $13,225 $46,650
2017 $1,144 $59,875 $13,225 $46,650
2016 $1,144 $59,275 $13,225 $46,050
2015 $1,144 $59,275 $13,225 $46,050
2014 $1,103 $59,275 $13,225 $46,050
2013 $1,103 $60,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2121050

Realtracs

APN: 080-003.03