$55,000

507 High St Shoals, IN 47581

Estimated payment $357/month

4 Beds
2 Baths
2,448 Sq Ft
$22 Price per Sq Ft

Highlights

  • Corner Lot
  • Central Air
  • Walk-Up Access

About This Home

Investor opportunity in Shoals! Large 4 bedroom, 2 bath home on a corner lot needs a full rehab or rebuild. Fire-damaged, utilities on site, and sold as-is. Perfect project for experienced flipper or someone looking to build new. Priced right, bring your ideas and make it your own!

Listing Agent

Patricia Cox

eXp Realty, LLC Brokerage Phone: 812-583-3225 Listed on: 07/15/2025

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $630

Year Built

  • Built in 1930

Lot Details

  • 7,200 Sq Ft Lot
  • Lot Dimensions are 60x120
  • Corner Lot

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 51-06-30-200-101.000-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$630

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1930
  • Age: 95
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SHOALS LOT 34
  • Parcel Number ID: 51-06-30-200-101.000-004
  • Platted: Yes
  • Year Taxes Payable: 1
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3672
  • Total Finished Sq Ft: 2448
  • Above Grade Finished Sq Ft: 2448
  • Above Grade Unfinished Sq Ft: 1224
  • Price Per Sq Ft: 22.47
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished, Walk-up
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Bedroom 1: Dimensions: 10x12, On Level: Upper
  • Bedroom 2: Dimensions: 14x10, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Bedroom 4: Dimensions: 12x9, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City

Schools

  • School District: Shoals Community School Corp.
  • Elementary School: Shoals Community
  • Middle School: Shoals Community
  • High School: Shoals
  • Elementary School: Shoals Community

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 60X120
  • Estimated Lot Sq Ft: 7200
  • Estimated Lot Size Acres: 0.17
  • Lot Number: 34

Tax Info

  • Annual Taxes: 630
  • Total Assessed Value: 102700

MLS Schools

  • High School: Shoals
  • Middle School: Shoals Community
  • School District: Shoals Community School Corp.

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 -- $102,700 $5,800 $96,900
2023 -- $96,100 $5,600 $90,500
2022 $0 $100,300 $5,400 $94,900
2021 $24 $89,100 $4,900 $84,200
2020 $24 $84,600 $4,600 $80,000
2019 $24 $81,900 $4,500 $77,400
2018 $24 $83,600 $4,500 $79,100
2017 $490 $84,000 $4,500 $79,500
2016 $531 $84,000 $4,500 $79,500
2014 $512 $84,800 $4,500 $80,300
2013 -- $83,900 $4,500 $79,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 For Sale $55,000 -16.0% $22 / Sq Ft
03/07/2017 03/07/17 Sold $65,500 -26.4% $27 / Sq Ft
01/24/2017 01/24/17 Pending -- -- --
03/15/2016 03/15/16 For Sale $89,000 -- $36 / Sq Ft
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202527462

Indiana Regional MLS

APN: 51-06-30-200-101.000-004