NOT LISTED FOR SALE

4725 Highway 150 NE Unit NE Palmyra, IN 47164

Estimated Value: $243,000 - $955,000

2 Beds
2 Baths
1,575 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $510,000 $324 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,992/month

126 Days on Market

Highlights

  • 1 Fireplace
  • Porch
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of April 2022

Retreat, relax, and live well on just over 21 pastoral acres nestled into the countryside. A 25-minute drive from downtown Louisville, this property is complete with a recently updated single family home, a riding arena, equipment barn, a gambrel roof barn with stalls intact and additional working outbuildings. The storybook farmhouse is move-in ready with many recent updates including an upgraded kitchen and bathroom, paint and new lighting throughout, and so much more. Start the day on your east facing front porch watching the sunrise and end it regaling your friends with tales of the farm around your firepit. The interior allows for easy living on a single floor and is gracious enough to host your family for the holidays. The farm itself is set up for animals with post and rail fencing, water spigots and covered living quarters in the multiple barns. You'll find ample room for equipment and feed storage tool. The property features an RV setup with full 30-amp and 50-amp hookups and septic. The farm is a clean slate after undergoing an extensive cleanout and additional work to the grounds and landscape. As you walk the grounds of the property from the barns, to the pastures, and through the gardens it won't be hard to imagine spending your time cultivating the land as the weather warms. This farm is ready for new owners to make it their own. Whether it's for work or play, it will always feel like a getaway here.

Last Agent to Sell the Property

Michelle Gahm

Kentucky Select Properties License #267289 Listed on: 03/03/2022

Kentucky Select Properties

Last Buyer's Agent

Jason Farabee

Lenihan Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,012

Year Built

  • Built in 1840

Lot Details

  • 22

Home Design

  • Metal Roof

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007-03289-00 PT NE QR 35-1-4
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,012

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Cooling System: Central Air
  • Stories: 1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 1575.0
  • Architectural Style: Farmhouse
  • Reso Other Structures: Outbuilding
  • ResoBuildingAreaSource: Appraiser
  • Utilities Electricity Connected: Yes
  • Dining Room Level: First
  • Full Bathroom Level: First
  • Rooms:Living Room5: Yes
  • Primary Bathroom Level: First
  • Primary Bedroom Level: First
  • Cooling Central Air: Yes
  • Architectural Style Farm House: Yes
  • Special Features: None

Interior Features

  • Basement: Cellar
  • Fireplaces Level 1: 1
  • Bedroom Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Mud Room Level: First
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Appraiser
  • Basement:Cellar: Yes
  • Other Rooms:Mud Room: Yes

Exterior Features

  • Fencing: None
  • Roof: Metal
  • Acres: 22.0
  • Construction Type: Other
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch2: Yes

Garage/Parking

  • Parking Features: See Remarks

Utilities

  • Utilities: Electricity Connected, Propane
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 958320.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 007-03289-00 PT NE QR 35-1-4
  • ResoLotSizeUnits: Acres

Building Info

  • Year Built: 1840

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
Robin Hysell-Berryhill
Bought by
Andrew Hastings
Current Estimated Value
$530,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
2.88%

Purchase Details

Closed on
Jul 6, 2020
Sold by
Berryhill Dale R
Bought by
Kruer Brian A

Purchase Details

Closed on
Sep 17, 2015
Sold by
Bates Walter T
Bought by
Berryhill Hysell-Berryhill

Purchase Details

Closed on
Sep 28, 2010
Sold by
Walter T Bates
Bought by
Robin Hysell-Berryhill and Berryhill Dale R

Purchase Details

Closed on
Mar 29, 2010
Sold by
Daniel C Macmillian
Bought by
Walter T Bates
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
Andrew Hastings $465,000 --
Kruer Brian A -- Attorney Only
Berryhill Hysell-Berryhill $425,000 Davis Davis & Layson
Robin Hysell-Berryhill $425,000 Salem Title Corp
Walter T Bates $374,000 Applegate Fifer Pulliam Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Andrew Hastings --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2022 05/02/22 Off Market $510,000 -- --
04/29/2022 04/29/22 Sold $510,000 -2.7% $324 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $524,000 0.0% $333 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
11/11/2021 11/11/21 For Sale $524,000 -- $333 / Sq Ft
Source: Metro Search, Inc.

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 $2,012 $255,000 $81,500 $173,500
2023 $2,039 $238,400 $70,500 $167,900
2022 $3,062 $235,400 $54,100 $181,300
2021 $1,455 $167,400 $50,700 $116,700
2020 $1,870 $192,200 $80,400 $111,800
2019 $1,990 $198,700 $90,100 $108,600
2018 $1,950 $192,100 $92,300 $99,800
2017 $1,953 $199,200 $102,700 $96,500
2016 $1,831 $196,000 $107,400 $88,600
2014 $1,720 $191,300 $108,800 $82,500
2013 $1,720 $155,400 $78,300 $77,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1600672

Metro Search, Inc.

APN: 31-03-35-200-004.000-013