$530,000
$20K PRICE DROP

4703 Romaine Rd New Harmony, IN 47631

Estimated payment $3,129/month

Total Views 9,925
-- Bed
3 Baths
1,664 Sq Ft
$319 Price per Sq Ft

Highlights

  • Deck
  • Den
  • 1 Car Attached Garage
  • 2 Fireplaces

About This Home

VERSATILE POSEY COUNTY COMMERCIAL PROPERTY ON 10± ACRES - UPDATED OFFICE/RESIDENCE + FLEX SPACE This unique commercial offering combines functionality, flexibility, and modern updates on 10± acres, ideally suited for a variety of business or residential uses. The centerpiece of the property is a fully updated brick office/residence offering over 3,200 square feet of flexible space, including 10 private offices, a kitchen, break room, 2 full bathrooms, 2 half bathrooms, and 2 decks for added comfort and accessibility. A 1-car attached garage adds convenience and storage. The property is zoned M-2 Industrial, offering excellent utility for light industrial, warehousing, service businesses, or potential live/work setups. Recent improvements include a brand-new HVAC system, spray foam insulation, and modernized finishes throughout. Also on site is a 30' x 80' pole barn building featuring 14' clear height, 6" concrete flooring, and 2-phase electric and a mezzanine with storage-ideal for equipment storage, workshop, or production needs. The grounds include gravel drives and parking areas, and there's potential for a lake site, adding both value and appeal. This property presents an excellent opportunity for businesses seeking a combination of industrial utility and professional office space in a peaceful yet accessible setting.

Listing Agent

Andrew Wilson

William Wilson Auction-Realty, Inc Listed on: 07/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,051

Year Built

  • Built in 1975

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,664 Sq Ft Home
  • 2 Fireplaces
  • Den

Additional Features

  • Deck
  • 10 Acre Lot

Community Details

  • Distract 005 Res All Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,051

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • ExteriorDeck: Yes
  • HamletID: 0
  • LandRentAmount: 0
  • Lot Size Acres: 10.00
  • Number Of Stories: 0
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: New Harmony
  • PropertyTownship: Center Township
  • Prop. Type: Residential
  • Renovation Year: 0
  • ResidentialStyle: Ranch
  • SForSaleAndRForRental: S
  • SidingBrick: Yes
  • USStateAbbreviation: IN
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Fireplaces: 2
  • Rec Room Den: Yes
  • AboveArea Sq Ft: 1664

Garage/Parking

  • AttachedParking: 0
  • Garage Type: Attached
  • Numberof Garage Spaces: 1

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: M S D North Posey Co Schools

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 0
  • Total Taxes: 4051

Tax Info

  • Tax Year: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 $4,051 $245,100 $83,600 $161,500
2023 $1,548 $214,500 $42,300 $172,200
2022 $1,660 $201,200 $41,000 $160,200
2021 $1,389 $176,300 $34,900 $141,400
2020 $1,374 $174,700 $34,100 $140,600
2019 $1,458 $188,200 $32,400 $155,800
2018 $1,141 $172,400 $20,700 $151,700
2017 $1,032 $166,000 $20,700 $145,300
2016 $948 $163,200 $20,700 $142,500
2014 $883 $158,600 $20,300 $138,300
2013 $883 $181,300 $19,300 $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2025 09/11/25 Price Changed $530,000 -3.6% $319 / Sq Ft
07/10/2025 07/10/25 For Sale $550,000 -- $331 / Sq Ft
Source: My State MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed $1,100 Bamberger, Foreman, Oswald And
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: My State MLS

MLS Number: 11531802

APN: 65-07-11-100-011.001-005

Indiana Posey County New Harmony 47631

4703 Romaine Rd, New Harmony, IN

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Andrew Wilson
Listing Agent
Andrew Wilson
Section Image
William Wilson Auction-Realty, Inc
(812) 625-2602