$84,999
$10K PRICE DROP

505 Kerschner St Connersville, IN 47331

Estimated payment $620/month

Total Views 8,325
2 Beds
1 Bath
1,626 Sq Ft
$52 Price per Sq Ft

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Central Air
  • No HOA
  • 2 Car Detached Garage

About This Home

Single family home with tons of potentential for sale in a quiet neighborhood. Property sits in an R-3 Multi Family Residence zone. Home could use some TLC, but with a little work can turn into someone's dream home, or their next great investment. Property comes with a covered back porch and a detached two car garage. This home has large living and dining spaces, and could be paired with a neighboring listing for the adjacent property at 3224 Ostheimer Ave, which is a 2 bed, 1 bath cottage with a detached garage making for the perfect in-law or rental apartment.

Listing Agent

Ryan Gehris

Unreal Estate LLC License #10491207568 Listed on: 07/30/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,998

Year Built

  • Built in 1940

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Wood Flooring
  • Crawl Space
  • Dryer

Kitchen

  • Gas Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,186 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38,37
  • Assessor Parcel Number 210607513502000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,998

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1940
  • Building Area Total: 1626
  • Garage Y N: Yes
  • Lot Size Acres: 0.14
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dryer, Microwave, Gas Oven
  • Levels: Two
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1626
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1146
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 480
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Other
  • Foundation Details: Crawl Space, Slab
  • List Price: 84999

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Detached
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 6186
  • Parcel Number: 210607513502000008
  • Acres: <1/4 Acre
  • Price Acre: 607136

Tax Info

  • Tax Annual Amount: 1998
  • Tax Lot: 38,37
  • Semi Annual Property Tax Amt: 999

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,998 $99,900 $9,600 $90,300
2023 $1,554 $77,700 $9,600 $68,100
2022 $1,082 $54,100 $8,000 $46,100
2021 $976 $48,800 $8,000 $40,800
2020 $980 $49,000 $8,000 $41,000
2019 $512 $51,200 $8,000 $43,200
2018 $468 $51,400 $9,400 $42,000
2017 $459 $52,300 $9,400 $42,900
2016 $454 $56,100 $9,400 $46,700
2014 $436 $60,000 $8,900 $51,100
2013 $436 $57,700 $8,900 $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2025 08/18/25 Price Changed $84,999 -5.6% $52 / Sq Ft
08/13/2025 08/13/25 Price Changed $90,000 -5.3% $55 / Sq Ft
07/30/2025 07/30/25 For Sale $95,000 -- $58 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Grant Deed $32,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $15,400 No Value Available
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22054002

MIBOR Broker Listing Cooperative®

APN: 21-06-07-513-502.000-008