NOT LISTED FOR SALE

4594 Downey Ridge Rd Rising Sun, IN 47040

Estimated Value: $355,035 - $498,000

11.42 Acres
$35,299 Price per Acre
497,629 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $258,100

Est. 56% increase in value since last sale

Current estimated payment $2,307/month

14 Days on Market

Highlights

  • Barn
  • Deck
  • Vaulted Ceiling
  • View of Trees or Woods
  • Farm
  • Ranch Style House

About This Lot

As of November 2020

Great mini farm! Set up for horses w/ fencing & 3 good barns w/ stalls, riding area. Could also be used for cattle. Nice 1700 sq ft, 3 bdrm, 2 bth house. Lots of road frontage. Less than an hour from downtown Cincinnati. A great find for horse lovers, a great place for anyone to call home!

Last Agent to Sell the Property

Holly Allen

Fehrman Realty License #RB14033771 Listed on: 10/07/2020

Last Buyer's Agent

Holly Allen

Fehrman Realty License #RB14033771 Listed on: 10/07/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $696

Year Built

  • Built in 1994

Lot Details

  • Wire Fence
  • Partially Wooded Lot

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Tile Flooring
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Farming

  • Barn
  • Farm

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Septic Tank

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Porch

Property Details

Property Type

Land

Est. Annual Taxes

$696

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Suburb: Rising Sun
  • Trees: Wooded-Partial
  • Buildings: Barn
  • Land Description: 10 to 19 Acres
  • Access: County Road,Paved Road
  • Broker Approved: Yes
  • Miscellaneous: Cable,Ceiling Fan,Home Warranty,Smoke Alarm
  • Cooling: Central Air
  • Heating: Forced Air, Gas, Gas Furn EF Rtd 95%+
  • Sub Lease Expiration Date: 1800-01-01T00:00:00-05:00
  • Suburb S I C: Rising Sun
  • Public Transportn: Catch-A-Ride
  • Level 1 Bathroom Type: Full
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: Yes
  • Dining Room Feat: WW Carpet
  • Farm Description: Farm w/House
  • Living Great Rm Area: 280
  • Living Great Rm Dim: 14 x 20
  • Living Great Rm Len: 14
  • Living Great Rm Wid: 20
  • Living Room Feat: WW Carpet
  • Study Lib Den Dim: 0 x 0
  • Water Heating: Electric
  • Year Built: 1994
  • School 1 Type: District Phone
  • Architecture: Ranch
  • Full Bathrooms: 2
  • Bedrooms: 3
  • Directions: US 50 to Cole Ln to rt on Salem Ridge to rt on SR 262 to lt on Cass Union to rt on Downey Ridge. Home on right.
  • Lot Measurement: Acres
  • Status: Sold
  • Showing Start Date: 2020-10-07
  • Property Subtype 1: Farm
  • Occupancy: Tenant Right
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: Vaulted Ceiling
  • Bedroom 2: 10x13 Level: 1
  • Bedroom 3: 10x13 Level: 1
  • Dining Room: 12x13 Level: 1
  • Living Room: 14x20 Level: 1
  • Formal Dining Room: No
  • Property Type: Residential
  • Reciprocal Listing: No
  • School Name1: Call SD 812-438-2655
  • Semi Annual Taxes: 348.01
  • Kitchen: 13x20 Level: 1
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Kitchen Features: Eat-In,Island,Tile Floor,Wood Cabinets
  • Bedroom 2 Area: 130
  • Basement: None
  • Bedroom 3 Area: 130
  • Bathrooms: 2.00
  • Kitchen Area: 260
  • Kitchen Dim: 13 x 20
  • Levels: One
  • Zero Selling Price: No
  • Diningroom Area: 156
  • Laundry Room: 8x6 Level: 1
  • Laundry Room Area: 48
  • Laundryroom Dim: 8 x 6
  • Recreation Room Dim: 0 x 0
  • Fireplace: Wood
  • Fireplaces: 1
  • Available for Lease: No
  • Total Rooms: 7
  • Windows: Vinyl
  • First Floor Family Room: No
  • PrimaryBedroomArea: 182
  • PrimaryBedroomDim: 14 x 13
  • PrimaryBedroomLen: 14
  • Primary Bathrooms: Built-In Shower Seat
  • PrimaryBedFeat: Bath Adjoins,WW Carpet
  • P R I M A R Y B E D R O O M: 14x13 Level: 1

Exterior Features

  • View: Lake/Pond, Woods
  • Fencing: Line, Wire
  • Roof: Shingle
  • Construction: Vinyl Siding
  • Outside Features: Deck, Porch
  • Foundation: Block
  • Listing Price: 249900.00
  • New Construction: No
  • Structures: Chicken House, Horse Barn, Tractor Barn
  • TopographyDetails: Level,Rolled

Garage/Parking

  • Garage Carport: None
  • Parking: Driveway

Utilities

  • Gas: Propane
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • HOA Yes/No: No
  • Association: Cincinnati Area Multiple Listing Service

Schools

  • District: Rising Sun Ohio Co C

Lot Info

  • Farm Type: Cattle,Horse
  • Lot Dimensions: 11.46 acres
  • Total Assessed Value: Of Record
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Abatement: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 18, 2020
Sold by
Merkel James A and Merkel Donna
Bought by
King James K
Seller's Agent
Holly Allen
Fehrman Realty
Buyer's Agent
Holly Allen
Fehrman Realty
List Price
$249,900
Sold Price
$258,100
Premium/Discount to List
$8,200
3.28%
Current Estimated Value
$403,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,159
Avg. Annual Appreciation
8.03%
Original Mortgage
$236,355
Outstanding Balance
$212,708
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$160,684
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 James K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open King James K $236,355
Previous Owner Merkel James A $77,501
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2021 02/16/21 Off Market $258,100 -- --
11/18/2020 11/18/20 Sold $258,100 +3.3% --
10/21/2020 10/21/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $249,900 -- --
Source: MLS of Greater Cincinnati (CincyMLS)

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 $1,372 $177,800 $47,400 $130,400
2023 $1,270 $162,500 $45,900 $116,600
2022 $1,084 $156,100 $44,300 $111,800
2021 $835 $115,400 $32,600 $82,800
2020 $737 $106,000 $32,500 $73,500
2019 $696 $101,100 $33,600 $67,500
2018 $675 $94,900 $33,800 $61,100
2017 $612 $84,100 $28,800 $55,300
2016 $719 $96,600 $29,400 $67,200
2014 $539 $109,600 $28,700 $80,900
2013 $488 $113,700 $27,400 $86,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Greater Cincinnati (CincyMLS)

MLS Number: 1678857

MLS of Greater Cincinnati (CincyMLS)

APN: 58-05-09-300-002.001-001