NOT LISTED FOR SALE

501 S Main St Versailles, IN 47042

Estimated Value: $246,249 - $289,000

3 Beds
2 Baths
2,528 Sq Ft
$103/Sq Ft Est. Value

Last Sold September 17, 2023

Current estimated payment $1,598/month

543 Days on Market

Highlights

  • Barn
  • Brick or Stone Mason
  • Crown Molding
  • Federal Architecture
  • Built-In Features
  • Patio

About This Home

As of September 2023

A 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Architecture: Federal, Historical
  • FILLACRES: 1.5000
  • Allow On Internet: True
  • Level 1 Bathroom: Yes
  • Level 1 Bedroom: No
  • Entry Dim: 0.00 x 0.00
  • Unit Levels: Two
  • Second Floor Living Room: 17x17 Level: 1
  • Lot Measurement: Acres
  • Mud Room Dim: 0.00 x 0.00
  • Other Room10 Dim: 0.00 x 0.00
  • Other Room1 Area: 117.0000
  • Other Room1 Len: 9.00
  • Other Room7 Dim: 0.00 x 0.00
  • Other Room8 Dim: 0.00 x 0.00
  • Other Room9 Dim: 0.00 x 0.00
  • Prop. Type: Residential
  • Total Finished Square Footage: 2528.00
  • Study Office Dim: 0.00 x 0.00
  • Total Finished S F: 2528
  • Year Built: 1880
  • Special Features: None
  • Stories: 2

Interior Features

  • Kitchen Area: 176.0000
  • Master Bedroom Dim: 15.00 x 16.00
  • Full Bathrooms: 2
  • Laundry Room: 8x5 Level: 1
  • Other Room1 Dim: 9.00 x 13.00
  • Family Room Area: 280.0000
  • Other Room2 Dim: 0.00 x 0.00
  • Other Room3 Dim: 0.00 x 0.00
  • Kitchen2: 11x16 Level: 1
  • Other Room4 Dim: 0.00 x 0.00
  • Living Room Area: 289.0000
  • Livingroom Len: 17.00
  • Livingroom Wid: 17.00
  • Sunroom Dim: 0.00 x 0.00
  • Appliances: Dishwasher, Electric Cooktop, Oven/Range
  • Has Basement: Cellar
  • Basement Bathrooms: 2
  • Bedroom 2: 18x17 Level: 2
  • Bedroom 3: 11x18 Level: 2
  • Lower Floor 1 Bedrooms: 3
  • Dining Room: 17x18 Level: 1
  • Dining Room Area: 306.0000
  • Family Room: 14x20 Level: 1
  • Fireplace: Gas
  • Inside Features: Built-Ins, Crown Molding, Multi Panel Doors, 9Ft + Ceiling
  • Laundry Room Area: 40.0000
  • Laundryroom Dim: 8.00 x 5.00
  • Master Bedroom: 15x16 Level: 2
  • New Construction: No
  • Other Room 1: 9x13 Level: 1
  • Other Room5 Dim: 0.00 x 0.00
  • Other Room6 Dim: 0.00 x 0.00
  • Recreation Room Dim: 0.00 x 0.00
  • Total Rooms: 8
  • Windows: Double Hung, Double Hung, Vinyl

Beds/Baths

  • Bedroom 2 Area: 306.0000
  • Bedroom 3 Area: 198.0000
  • Master Bedroom Area: 240.0000

Exterior Features

  • Out Buildings: Barn, Shed
  • Exterior Construction: Brick, Stone
  • Driveway Type: Blacktop
  • Foundation: Stone
  • Outside Features: Patio, Extreme Landscaping, Patio
  • Roof: Shingle

Utilities

  • Cooling: Central Air, Ceiling Fans
  • Heating: Forced Air, Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Southeastern Indiana Board

Lot Info

  • Lot Dimensions: +/-1.5 acres
  • Lot Size Sq Ft: 65340.00

Tax Info

  • Semi Annual Taxes: 456.07

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
$260,812

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
Source: Public Records

Range of Values:

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

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

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 $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

    145 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sandra Pickett

    Meisberger And Associates

  • D

    Seller's Agent in 2019

    Douglas Smith

    Lohmiller Real Estate

See All Agents

Map

Source: Southeastern Indiana Board of REALTORS®

MLS Number: 302412

Southeastern Indiana Board of REALTORS®

APN: 69-13-12-224-107.000-014

Indiana Ripley County Versailles 47042

501 S Main St, Versailles, IN

This home is located at 501 S Main St, Versailles, IN 47042 since 31 August 2017 and is currently estimated at $260,812, approximately $103 per square foot. This property was built in 1880. 501 S Main St is a home located in Ripley County with nearby schools including South Ripley Elementary School, South Ripley Junior High School, and South Ripley High School.

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.

Southeastern Indiana Board of REALTORS® 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