NOT LISTED FOR SALE

5235 Lanam Ridge Rd Nashville, IN 47448

Estimated Value: $529,000 - $847,000

4 Beds
3 Baths
2,520 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $735,000 $292 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,316/month

Highlights

  • Cathedral Ceiling
  • Log Cabin
  • Wrap Around Porch
  • Wood Flooring
  • Wood Frame Window
  • Storage

About This Home

As of September 2022

TOURIST RENTAL!!! INCOME PRODUCING PROPERTY!!! Gorgeous 4 Bed 3 Bath Newly Built Luxury Log Cabin situated on 5 Beautiful Acres in Brown County. Cabin offers two Primary Suites, one on the main & the other just off the loft on the 2nd level. Both w/ en suite baths. Plenty of room for guests with 2 additional bedrooms. Enjoy the Hot Tub, Huge Outdoor Fire Pit, Hammock overlooking the creek, and walking trails on the property. Awesome location! 15 mins from Nashville & 25 mins from Bloomington. Minutes from Yellowwood National Forest, Brown County St. Park, and Lake Lemon. Truly an opportunity of a lifetime!

Last Agent to Sell the Property

Jillian Tran

RE/MAX Real Estate Prof Listed on: 08/09/2022

RE/MAX Real Estate Prof

Last Buyer's Agent

Jillian Tran

RE/MAX Real Estate Prof Listed on: 08/09/2022

RE/MAX Real Estate Prof

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,358

Year Built

  • Built in 2016

Lot Details

  • 5 Acre Lot

Parking

  • Gravel Driveway

Home Design

  • Log Cabin
  • Concrete Perimeter Foundation

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Wood Frame Window
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Fire Pit
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 070607200110000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,358

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2022
  • Year Built: 2016
  • Building Area Total: 2520
  • Garage Y N: No
  • Lot Size Acres: 5
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: ResultsJillian@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Basement: Yes
  • Basement Type: Full, Walk Out
  • Appliances: Dishwasher, Dryer, Disposal, Microwave, Gas Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Living Room
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Screens Complete, Supplemental Storage, Windows Wood
  • Other Equipment: Smoke Detector
  • Areas Interior: Living Room - 2 Story,Laundry Closet,Utility Room
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1512
  • Main Level Sq Ft: 1008
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Suite
  • Kitchen Features: Center Island,Pantry
  • Below Grade Sq Ft: 1008
  • Upper Level Sq Ft: 504
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 735000
  • Association Maintained Building Exterior: 0
  • Porch: Wrap Around Porch

Garage/Parking

  • Fuel: Propane Leased
  • Garage Parking Description: None
  • Garage Parking Other: Guest Parking Premises

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Tankless

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070607200110000002
  • Acres: 5-10 Acres
  • Lot Information: Creek On Property,On Trail,Tree Mature,Wooded
  • Lot Number: NA
  • Lot Size: 217,800

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 3358
  • Semi Annual Property Tax Amt: 1679
  • Tax Exemption: None

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 16, 2022
Sold by
Hoy Jason J and Hoy Michelle S
Bought by
Dnb Property Investors Llc
Seller's Agent
Jillian Tran
RE/MAX Real Estate Prof
Buyer's Agent
Jillian Tran
RE/MAX Real Estate Prof
List Price
$735,000
Sold Price
$735,000
Views
11
Current Estimated Value
$743,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,123
Avg. Annual Appreciation
0.36%
Original Mortgage
$588,000
Outstanding Balance
$533,283
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$209,840
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
Dnb Property Investors Llc -- Security Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dnb Property Investors Llc $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $735,000 0.0% $292 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $735,000 -- $292 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $4,653 $523,200 $85,000 $438,200
2023 $4,642 $483,200 $70,000 $413,200
2022 $3,443 $350,300 $70,000 $280,300
2021 $3,356 $314,600 $60,000 $254,600
2020 $3,227 $292,500 $40,000 $252,500
2019 $2,970 $276,400 $40,000 $236,400
2018 $3,356 $272,300 $40,000 $232,300
2017 $1,868 $150,300 $40,000 $110,300
2016 $480 $40,000 $40,000 $0
2014 $424 $40,000 $40,000 $0
2013 $424 $40,000 $40,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21876438

MIBOR Broker Listing Cooperative®

APN: 07-06-07-200-110.000-002