NOT LISTED FOR SALE

4725 Highway 150 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

Highlights

  • Barn
  • 21.73 Acre Lot
  • Covered Patio or Porch
  • Panoramic View
  • 1 Fireplace
  • First Floor Utility Room

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 #RB21000209 Listed on: 11/11/2021

Kentucky Select Properties

Last Buyer's Agent

Jason Farabee

The Agency Louisville License #RB14040829

The Agency Louisville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,870

Year Built

  • Built in 1840

Lot Details

  • 21.73 Acre Lot
  • Landscaped
  • Garden
  • Property is zoned Agri/ Residential

Property Views

  • Panoramic
  • Scenic Vista
  • Park or Greenbelt

Interior Spaces

  • 1,575 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • First Floor Utility Room
  • Basement
  • Basement Cellar

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 310335200004000013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,870

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Improvements: 111800
  • Annual Tax: 1870
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Unknown
  • Land Assessment: 80400
  • Legal Description: 007-03289-00 PT NE QR 35-1-4 21.738 ac
  • Numof Fireplaces: 1
  • Out Buildings: Barn(s), Shed
  • Parcel Number: 310335200004000013
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 192200
  • Total Finished Square Footage: 1575
  • Type: 1 Story
  • Year Built: 1840
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1575.00
  • Appliances: Dishwasher, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 2
  • Fireplace: Unknown
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 946558.80
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1575
  • Total Rooms: 6

Exterior Features

  • Exterior Features: Covered Porch, Landscaped

Utilities

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

Lot Info

  • Acres: 21.7300
  • Lot Description: Garden Area, Panoramic View, Park-Like View, Scenic View
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Sep 28, 2021
Sold by
Robin Hysell-Berryhill
Bought by
Andrew Hastings
Seller's Agent
Stephannie Wilson
NextHome Wilson Real Estate
Buyer's Agent
Michelle Gahm
Kentucky Select Properties
List Price
$475,000
Sold Price
$465,000
Premium/Discount to List
-$10,000
-2.11%
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.
Estimated Appreciation
$65,406
Avg. Annual Appreciation
3.33%
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 Prior Sale
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 +12.7% $333 / Sq Ft
09/28/2021 09/28/21 Sold $465,000 0.0% $295 / Sq Ft View Prior Sale
08/22/2021 08/22/21 Pending -- -- --
08/10/2021 08/10/21 Price Changed $464,900 -1.1% $295 / Sq Ft
07/26/2021 07/26/21 Price Changed $469,900 -1.1% $298 / Sq Ft
06/07/2021 06/07/21 For Sale $475,000 -- $302 / 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 $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: Southern Indiana REALTORS® Association

MLS Number: 2021012153

Southern Indiana REALTORS® Association

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