$287,000
SOLD MAY 2, 2025

600 E Powerline Rd Norman, IN 47264

3 Beds
2 Baths
1,450 Sq Ft
0.5 Acres

Recently Sold

$198 Per Sq Ft

3% Above List Price

44 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Stone Countertops
  • Custom Home
  • Backs to Open Ground
  • Covered patio or porch

About This Home

As of May 2025

Check Out this Brand-New 3-bedroom, 2-bath ranch home built over a pre-existing partial basement. This home seamlessly combines contemporary design with everyday functionality. Offering a total electric system, a 2-car attached garage, and an expansive 28x30 garage/barn, there’s no shortage of space for all your storage or hobby needs. Inside, the open-concept living area features a cozy fireplace in the living room, sleek stainless steel appliances in the kitchen, and a convenient main-level laundry room. The split-bedroom layout ensures privacy, while the master suite is a true retreat with a luxurious en suite bath and stunning tile shower. Set on a spacious 1/2-acre lot, this ranch-style home is the perfect blend of comfort, style, and room to grow. Make this Brand New Beautiful Home yours today!

Last Agent to Sell the Property

Mandy Ward

Hawkins & Root Real Estate Brokerage Phone: 812-675-6952 Listed on: 03/18/2025

Last Buyer's Agent

Bedford NonMember

NonMember BED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $600

Year Built

  • Built in 2025

Lot Details

  • 0.5 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Custom Home
  • Ranch Style House
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Electric Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Shawswick Elementary School
  • Bedford Middle School
  • Bedford-North Lawrence High School

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Built by Gary Ray - Build Rite Construction

Listing and Financial Details

  • Assessor Parcel Number 47-01-34-200-006.000-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$600

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2025
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: SEC 34 TWP 6 R2E .50A W NW5
  • Parcel Number ID: 47-01-34-200-006.000-008
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Stone, Deck Covered, Dryer Hook Up Electric, Garage Door Opener, Open Floor Plan, Porch Covered, Split Br Floor Plan, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Custom Cabinetry
  • Builder Name: Gary Ray - Build Rite Construction
  • Location: Rural
  • New Construction: Custom
  • Sp Lp Percent: 102.87
  • Year Taxes Payable: 2025
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Total Sq Ft: 1850
  • Total Finished Sq Ft: 1450
  • Above Grade Finished Sq Ft: 1450
  • Below Grade Sq Ft: 400
  • Price Per Sq Ft: 197.93
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Electric
  • Fireplace: Yes
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 13x9, On Level: Main
  • Bedroom 1: Dimensions: 14x12, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Main
  • Bedroom 3: Dimensions: 12x12, On Level: Main
  • Main Level Sq Ft: 1450
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 400

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Barn, Dimensions: 28x30

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x27
  • Garage Sq Ft: 621
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx12, On Level: 9

Schools

  • School District: North Lawrence Community Schools
  • Elementary School: Shawswick
  • Middle School: Bedford
  • High School: Bedford-North Lawrence
  • Elementary School: Shawswick

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: .50 Acres
  • Estimated Lot Sq Ft: 21780
  • Estimated Lot Size Acres: 0.5

Tax Info

  • Annual Taxes: 600

MLS Schools

  • High School: Bedford-North Lawrence
  • Middle School: Bedford
  • School District: North Lawrence Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
Jul 25, 2024
Sold by
Ostermann Brian D and Ostermann Tammy Jo
Bought by
Ray Gary Dba Build Rite Construction
Seller's Agent
Cat Kick
Berkshire Hathaway Home
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$129,900
Sold Price
$75,000
Premium/Discount to List
-$54,900
-42.26%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
255.68%
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 Type Sale Price Title Company
Deed $80,000 Classic Title Inc
Deed $75,000 Classic Title Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $287,000 +2.9% $198 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $279,000 +272.0% $192 / Sq Ft
07/25/2024 07/25/24 Sold $75,000 -6.3% $51 / Sq Ft
06/30/2024 06/30/24 Pending -- -- --
05/11/2024 05/11/24 Price Changed $80,000 -10.1% $54 / Sq Ft
04/19/2024 04/19/24 Price Changed $89,000 -10.1% $60 / Sq Ft
04/13/2024 04/13/24 Price Changed $99,000 -23.8% $67 / Sq Ft
04/04/2024 04/04/24 For Sale $129,900 -- $88 / Sq Ft
Source: Indiana Regional MLS

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 $595 $109,500 $10,300 $99,200
2023 $563 $102,000 $9,900 $92,100
2022 $504 $96,000 $9,200 $86,800
2021 $391 $84,000 $8,600 $75,400
2020 $355 $80,300 $8,300 $72,000
2019 $350 $78,100 $8,100 $70,000
2018 $350 $76,800 $7,900 $68,900
2017 $345 $74,600 $7,700 $66,900
2016 $321 $70,300 $7,500 $62,800
2014 $312 $68,000 $7,100 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202508680

Indiana Regional MLS

APN: 47-01-34-200-006.000-008