501 S Main St Versailles, IN 47042
Estimated Value: $232,083 - $259,000
3
Beds
2
Baths
2,528
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Barn
- Brick or Stone Mason
- Crown Molding
- Federal Architecture
- Built-In Features
- Patio
About This Home
As of September 2023A Great Sized Lot in town on 1.52 Acres w/ great potential to be rezoned to Commercial use or continue on with the solid existing updated Historic Federal residence! Sitting at the top of the hill up from the State Park with over 2,500 SQFT w/ 3 BDRM's 2 Full Baths. The Spacious rooms and the 1st floor 9' plus ceilings provide an elegant feel to the interior.The home has a New roof and re-lined box gutters, a new front porch, mostly original hardwood flooring, 19 New windows in house and a new metal barn roof. There's potential for rental income with the 300 ft. detached guest house with a full bath or could be a workshop/ hobby area etc. Property has frontage on US Highway 50, S. Main St., and S Washington St. City Utilities, walking distance to town amenities, NO HOA's, IMMEDIATE POSSESSION @ CLOSING and Great investment potential for a future payout from a commercial entity interest !
Last Agent to Sell the Property
Douglas Smith
Lohmiller Real Estate Listed on: 08/31/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,901
Year Built
- Built in 1880
Lot Details
- 1.5 Acre Lot
- Landscaped
- Historic Home
Parking
- Driveway
Home Design
- Federal Architecture
- Brick or Stone Mason
- Stone Foundation
- Shingle Roof
Interior Spaces
- 2,528 Sq Ft Home
- 2-Story Property
- Built-In Features
- Crown Molding
- Ceiling height of 9 feet or more
- Ceiling Fan
- Gas Fireplace
- Vinyl Clad Windows
- Double Hung Windows
- Panel Doors
- Basement Cellar
Kitchen
- Oven or Range
- Electric Cooktop
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Shed
Farming
- Barn
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
- Southeastern Indiana Board Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2023
Sold by
Fox Kerri L
Bought by
Jackson Michael and Jackson Crystal
Current Estimated Value
Purchase Details
Closed on
Apr 6, 2018
Sold by
Larry Cochran and Larry Marti
Bought by
Fox Kerri L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,700
Interest Rate
4.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 2, 2012
Sold by
Sheriff Grills
Bought by
Larry Cochran and Marti Cochran
Similar Homes in Versailles, IN
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jackson Michael | $242,260 | S. E. Indiana Title , Inc | |
| Fox Kerri L | $173,475 | Stewart Title | |
| Larry Cochran | $60,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Fox Kerri L | $138,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/17/2023 09/17/23 | Sold | -- | -- | -- |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/17/2023 07/17/23 | Price Changed | $249,000 | -6.0% | $98 / Sq Ft |
| 06/27/2023 06/27/23 | Price Changed | $265,000 | -10.2% | $105 / Sq Ft |
| 06/01/2023 06/01/23 | Price Changed | $295,000 | -3.2% | $117 / Sq Ft |
| 05/24/2023 05/24/23 | Price Changed | $304,900 | 0.0% | $121 / Sq Ft |
| 05/11/2023 05/11/23 | For Sale | $305,000 | -- | $121 / Sq Ft |
| 03/27/2019 03/27/19 | Sold | -- | -- | -- |
| 02/25/2019 02/25/19 | Pending | -- | -- | -- |
| 08/31/2017 08/31/17 | For Sale | -- | -- | -- |
Source: Southeastern Indiana Board of REALTORS®
Tax History Compared to Growth
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 | $1,901 | $203,000 | $10,500 | $192,500 |
| 2023 | $1,252 | $144,400 | $10,500 | $133,900 |
| 2022 | $1,392 | $147,400 | $10,500 | $136,900 |
| 2021 | $1,748 | $172,700 | $10,500 | $162,200 |
| 2020 | $1,604 | $172,700 | $10,500 | $162,200 |
| 2019 | $1,150 | $140,000 | $10,500 | $129,500 |
| 2018 | $1,115 | $140,100 | $10,500 | $129,600 |
| 2017 | $1,021 | $132,000 | $10,500 | $121,500 |
| 2016 | $980 | $132,100 | $10,500 | $121,600 |
| 2014 | $895 | $130,700 | $10,500 | $120,200 |
| 2013 | $895 | $133,400 | $10,500 | $122,900 |
Source: Public Records
Agents Affiliated with this Home
-
Marybeth Castner
Seller's Agent in 2023
Marybeth Castner
Meisberger And Associates
(812) 216-7562
148 Total Sales
-
S
Seller Co-Listing Agent in 2023
Sandra Pickett
Meisberger And Associates
-
D
Seller's Agent in 2019
Douglas Smith
Lohmiller Real Estate
Map
Source: Southeastern Indiana Board of REALTORS®
MLS Number: 302412
APN: 69-13-12-224-107.000-014
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