NOT LISTED FOR SALE

5124 S State Road 3 Unit 3 Scottsburg, IN 47170

Estimated Value: $127,000

3 Beds
1 Bath
1,008 Sq Ft
$126/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $712,500 $707 Per Sq Ft

Current estimated payment $794/month

61 Days on Market

Highlights

  • Barn
  • Pond
  • 2 Car Detached Garage
  • 108.46 Acre Lot
  • First Floor Utility Room
  • 1-Story Property

About This Home

As of June 2021

Amazing opportunity to own over 108.5 acres of gorgeous farmland with 5 acres of 35 acre lake on rear of property. Only 20 miles to the East end bridge! Beautiful potential homesites overlooking the water. Additional pond, 2-barn, small home and detached garage also included. Home is currently rented but tenant is month to month. Great land for hunting, fishing, all kinds of outdoor recreation or farming. Some of the land has been leased to local farmer in the past few years. Has Additional Parcel numbers 72-08-90-400-009-000-005 the other is
72-08-90-400-010-000-006. " Inspections welcome but all improvements sold As IS".

Last Agent to Sell the Property

Julie Knotts

Coldwell Banker McMahan License #RB14043820 Listed on: 01/05/2021

Coldwell Banker McMahan

Last Buyer's Agent

Diane Thomas

Coldwell Banker McMahan License #RB14023573

Coldwell Banker McMahan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,858

Year Built

  • Built in 1974

Lot Details

  • 108.46 Acre Lot
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Detached Garage
  • Carport

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • First Floor Utility Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • The lake is a source of water for the property
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Pond
  • Barn

Listing and Financial Details

  • Assessor Parcel Number 720890700011000005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,858

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Improvements: 50900
  • Additional Assessor Parcel Numbers: In agent remarks
  • Annual Tax: 1858
  • Appointment: Mandatory
  • Construction: Existing
  • Foundation: Crawl Space
  • Land Assessment: 66830
  • Legal Description: SEE AGENT REMARKS: Property contains 4 parcels. Total legal description will not fit in this space.
  • Out Buildings: Garage, Barn(s)
  • Parcel Number: 720890700011000005
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 117730
  • Total Finished Square Footage: 1008
  • Type: 1 Story
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Crawl Space
  • Above Grade Finished Sq Ft: 1008.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • Interior Amenities: 1st Floor Master, 1st Floor Utility
  • Lot Sq Ft: 4724517.60
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1008

Garage/Parking

  • Garage Type: Carport, Detached
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water: Lake, Pond
  • Water Type: Public Onsite

Lot Info

  • Acres: 108.4600
  • Farm Type: General
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Jun 11, 2021
Sold by
Davis Charles E and Davis Renay A
Bought by
Foster Bobby and Foster Betsy
Seller's Agent
Julie Knotts
Coldwell Banker McMahan
Buyer's Agent
Diane Thomas
Coldwell Banker McMahan
List Price
$550,000
Sold Price
$712,500
Premium/Discount to List
$162,500
29.55%
Current Estimated Value
$127,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$585,500
Avg. Annual Appreciation
-34.00%
Original Mortgage
$597,884
Outstanding Balance
$508,420
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
-$381,420

Purchase Details

Closed on
Feb 3, 2012
Sold by
Davis Charles E and Davis Barbara
Bought by
Davis Charles E and Davis Renay A
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
Foster Bobby $712,500 None Available
Davis Charles E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foster Bobby $597,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $712,500 0.0% $707 / Sq Ft
03/08/2021 03/08/21 Price Changed $712,500 +29.5% $707 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $550,000 -- $546 / 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 $1,113 $58,000 $48,500 $9,500
2023 $973 $50,200 $40,400 $9,800
2022 $1,000 $53,600 $40,700 $12,900
2021 $907 $45,900 $35,100 $10,800
2020 $875 $45,600 $34,800 $10,800
2019 $1,022 $53,200 $42,400 $10,800
2018 $1,071 $55,000 $43,800 $11,200
2017 $1,154 $61,500 $50,300 $11,200
2016 $1,192 $63,900 $53,300 $10,600
2014 $1,261 $65,800 $55,700 $10,100
2013 $1,261 $57,900 $47,800 $10,100
Source: Public Records

Agents Affiliated with this Home

  • Julie Knotts

    Seller's Agent in 2021

    Julie Knotts

    Coldwell Banker McMahan

    (502) 523-8043

    183 Total Sales

    Section Image
  • Diane Thomas

    Buyer's Agent in 2021

    Diane Thomas

    Coldwell Banker McMahan

    (502) 649-6291

    69 Total Sales

    Section Image
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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 202105055

Southern Indiana REALTORS® Association

APN: 72-08-90-700-011.000-005

Indiana Scott County Scottsburg 47138

5124 S State Road 3 Unit 3, Scottsburg, IN

This home is located at 5124 S State Road 3 Unit 3, Scottsburg, IN 47170 since 05 January 2021 and is currently estimated at $127,000, approximately $125 per square foot. This property was built in 1974. 5124 S State Road 3 Unit 3 is a home located in Scott County with nearby schools including Scottsburg Senior 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.

Southern Indiana REALTORS® Association IDX information is provided exclusively for consumers’ personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.

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