NOT LISTED FOR SALE

492 E Palmyra Lake Rd Palmyra, IN 47164

Estimated Value: $306,000 - $489,000

5 Beds
2 Baths
3,120 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $235,000 $75 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,397/month

55 Days on Market

Highlights

  • Panoramic View
  • 20 Acre Lot
  • Creek On Lot
  • East Washington Elementary School Rated 9+
  • Secluded Lot
  • Wooded Lot

About This Home

As of November 2015

$10,000 price reduction! Secluded 20 acre farm with scenic views. This 5 bedroom / 2 full bath home has been well kept and is ready for you to make it yours. Full finished basement with an office that could be used as the 5th bedroom, unfinished utility and storage room, play room, 4th bedroom and a large family room with a gas fireplace for a comfy cozy retreat. There is a spacious 2 car attached garage plus a 64 x 40 Pole barn with 12' slider on the front and 2-10' sliding doors on the rear. Approximately 8 acres are tillable and currently planted in corn. (4th & 5th bedroom do not have 2nd egress).

Last Agent to Sell the Property

Vince Hopper

eXp Realty, LLC License #RB14035889 Listed on: 08/01/2015

eXp Realty, LLC

Last Buyer's Agent

Vince Hopper

eXp Realty, LLC License #RB14035889 Listed on: 08/01/2015

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,039

Year Built

  • Built in 2003

Lot Details

  • 20 Acre Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Panoramic
  • Scenic Vista

Home Design

  • Poured Concrete
  • Modular or Manufactured Materials

Interior Spaces

  • 3,120 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Blinds
  • Storage

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Pole Barn

Utilities

  • Air Source Heat Pump
  • Electric Water Heater
  • On Site Septic
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 880417000001001008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,039

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Improvements: 41100
  • Additional Parking: Off Street
  • Annual Tax: 1039
  • Appointment: Mandatory
  • Construction: Modular
  • Deduction Type: Homestead Standard, Mortgage, Supplemental Homestd
  • Foundation: Poured Concrete
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 46400
  • Legal Description: PT NH NE 17-1-4 20 AC.
  • Lot Dimensions: See Lot Size
  • Numof Fireplaces: 1
  • Out Buildings: Pole Barn
  • Parcel Number: 880417000001001008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 87500
  • Total Deduction Amnt: 52876
  • Total Finished Square Footage: 3120
  • Type: 1 Story
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Finished, Full, Walkout
  • Above Grade Finished Sq Ft: 1680.00
  • Appliances: Dishwasher, Disposal, Garage Door Opener
  • Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 5
  • Fireplace: Gas Burning, Insert
  • Interior Amenities: 1st Floor Master, Added Storage, Bath Master, Blinds, Breakfast Bar, Cable Wired, Cath/Vaul/Tray Ceil, Ceiling Fan(s), Eat-In Kitchen, Split Bedrooms
  • Lot Measurement: Acres
  • Lot Sq Ft: 871200.00
  • Room Count: 12
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 3120
  • Total Rooms: 10

Exterior Features

  • Exterior Features: Covered Porch, Patio

Garage/Parking

  • Garage Type: Attached, Pole Barn, Side Entry
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Heat Pump
  • Fuel Type: Electric
  • Heat Type: Heat Pump
  • Water: Creek
  • Water Type: Public Onsite

Schools

  • School District: East Washington

Lot Info

  • Acres: 20.0000
  • Farm Type: General
  • Lot Description: Panoramic View, Scenic View, Secluded Lot, Wooded Lot
  • Tillable Acreage: Approx. 8 Acres
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2018
Sold by
Cottbrath David C and Cottbrath Theresa M
Bought by
Gottbrath Deidra Alise
Current Estimated Value
$409,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,500
Outstanding Balance
$220,006
Interest Rate
4.46%
Mortgage Type
Stand Alone First
Estimated Equity
$155,832

Purchase Details

Listed on
Aug 1, 2015
Closed on
Nov 23, 2015
Sold by
Bowling Kevin E and Cupp Tiffany L
Bought by
Gottbrath Deidra A
Seller's Agent
Vince Hopper
eXp Realty, LLC
Buyer's Agent
Vince Hopper
eXp Realty, LLC
List Price
$250,000
Sold Price
$235,000
Premium/Discount to List
-$15,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$188,000
Interest Rate
3.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Gottbrath Deidra Alise -- None Available
Gottbrath Deidra A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gottbrath Deidra Alise $252,500
Closed Gottbrath Deidra Alise $252,000
Closed Gottbrath Deidra Alise $252,500
Previous Owner Gottbrath Deidra A $188,000
Previous Owner Bowling Kevin E $200,000
Previous Owner Bowling Kevin E $25,000
Previous Owner Bowling Kevin E $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $235,000 -6.0% $75 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
08/01/2015 08/01/15 For Sale $250,000 -- $80 / 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 $2,166 $216,400 $44,500 $171,900
2023 $1,961 $197,900 $40,100 $157,800
2022 $2,001 $183,900 $35,500 $148,400
2021 $1,635 $154,100 $33,000 $121,100
2020 $1,510 $144,000 $32,900 $111,100
2019 $1,348 $131,600 $36,200 $95,400
2018 $1,232 $125,300 $36,700 $88,600
2017 $1,322 $144,300 $39,600 $104,700
2016 $1,110 $131,100 $40,800 $90,300
2014 $1,039 $116,700 $51,100 $65,600
2013 $825 $87,500 $46,400 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201505407

Southern Indiana REALTORS® Association

APN: 88-04-17-000-001.001-008