NOT LISTED FOR SALE

6472 Powell Valley Rd Shoals, IN 47581

Estimated Value: $387,000 - $1,236,000

2 Beds
2 Baths
2,192 Sq Ft
103.11 Acres

Last Sold February 22, 2021

Last sale price $900,000 $411 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $4,716/month

80 Days on Market

Highlights

  • 1,000 Feet of Waterfront
  • 103.11 Acre Lot
  • Heavily Wooded Lot
  • Horse Facilities
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of February 2021

6472 Powell Valley Rd., Shoals, In.. Here is your opportunity to own a unique country property, Complete with a 2 1/2 story 2 bedroom Prairie Style Home with a part finished basement and a 3rd floor observatory. At every glance you will find customized features. There is a detached garage with a finished bar type of décor with saddles that serve as the bar seats and there is additional seating this area is heated and cooled with a ductless system, there is a barn for your hay & livestock, a 72'x48'x18' post frame heated garage and shop building and and 48'x56' entertaining commercial style structure or ideal for family events with hardwood floors and western style lighting and a commercial kitchen. This structure appears as a Old West Town on the exterior. All of this on 103.11 acres that borders Lost River and a blend of wooded acres with trails for walking or riding and some open grass areas that is fenced. There is so much here that you must see to appreciate and understand the many possibilities. Minutes to all the amenities of the French Lick area, Patoka Lake, Paoli Peaks and the Hoosier National Forrest. Asking $975,000.00

Last Buyer's Agent

Vicky Woody

Keach & Grove Real Estate, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1949

Lot Details

  • 1,000 Feet of Waterfront
  • River Front
  • Backs to Open Ground
  • Rural Setting
  • Wire Fence
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Home Design

  • Loft
  • Contemporary Architecture
  • Saltbox Architecture
  • Cabin
  • Poured Concrete
  • Metal Roof
  • Cement Board or Planked

Interior Spaces

  • 2.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Bar
  • Insulated Windows
  • Insulated Doors

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Partially Finished Basement

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

Home Security

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Porch

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Whole House Permanent Generator
  • Propane
  • The river is a source of water for the property
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 51-11-26-100-004.000-005

Community Details

Recreation

  • Horse Facilities

Additional Features

  • Community Fire Pit
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,167

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1949
  • Age: 72
  • Style: Two and Half Story
  • Architectural Style: Contemporary, Lofted, Cabin/Cottage, Salt Box
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: NW NW SECTION 26-2-3; 28.75 ACRES, PT NE COR NE SECTION 25-2-3; 27.45 ACRES, S PT SW SW SECTION 24-2-3; 11.02 ACRES, PT S 1/2 SE SECTION 23-2-3; 35.89 ACRES TOTAL 103.11 ACRES
  • Parcel Number ID: 51-11-26-100-004.000-005
  • Platted: Yes
  • Amenities: Bar, Detector-Smoke, Dryer Hook Up Electric, Eat-In Kitchen, Firepit, Generator-Whole House, Guest Quarters, Kitchen Island, Open Floor Plan, Porch Open, Range/Oven Hook Up Elec, Wet Bar, Main Floor Laundry
  • Location: Rural
  • Parcel Id2: 51-11-23-700-015.000-005
  • Sp Lp Percent: 92.31
  • County Zoning: Unknown
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3024
  • Total Finished Sq Ft: 2192
  • Above Grade Finished Sq Ft: 2192
  • Below Grade Sq Ft: 832
  • Price Per Sq Ft: 410.58
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Walk-up
  • Basement Material: Block, Poured Concrete
  • Flooring: Hardwood Floors, Laminate, Tile, Ceramic Tile
  • Living Great Room: Dimensions: 17x11, On Level: Main
  • Kitchen: Dimensions: 13x11, On Level: Main
  • Family Room: Dimensions: 11x11, On Level: Lower
  • Bedroom 1: Dimensions: 19x16, On Level: Upper
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Other Room1: Observatory, Dimensions: 30x9, On Level: Upper
  • Other Room 2: Landing, Dimensions: 20x7, On Level: Upper
  • Other Room 3: Foyer, Dimensions: 11x7, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 832

Exterior Features

  • Exterior: Cement Board, Fiber Cement
  • Roof Material: Metal
  • Outbuilding1: None
  • Fence: Farm, Woven Wire
  • Water Frontage: 1000

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 72x48
  • Garage Sq Ft: 3456
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Conventional, Forced Air, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Daviess-Martin REMC
  • Water Company: Patoka Water
  • Laundry: Dimensions: Mainx7, On Level: 20
  • Water Type: River

Condo/Co-op/Association

  • Common Amenities: Horse Facilities

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: Heavily Wooded, Irregular, Partially Wooded, Rolling, Slope, Waterfront, Flood Plain, Pasture, Wooded, Waterfront-Medium Bank
  • Lot Dimensions: 103.11 ACRES
  • Estimated Lot Sq Ft: 4491472
  • Estimated Lot Size Acres: 103.11

Green Features

  • Energy Efficient: HVAC, Insulation
  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 3167.02

Multi Family

  • Water Access: Riverfront

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2020
Closed on
Feb 22, 2021
Sold by
Query R Scott R and Query Mickie J
Bought by
Carter Dawn R
Buyer's Agent
Vicky Woody
Keach & Grove Real Estate, LLC
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%
Current Estimated Value
$800,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,880
Avg. Annual Appreciation
-2.02%
Source: Public Records

Range of Values:

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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
Carter Dawn R -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $900,000 -7.7% $411 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
10/27/2020 10/27/20 For Sale $975,000 -- $445 / 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 $4,680 $375,300 $56,300 $319,000
2023 $4,680 $359,100 $50,100 $309,000
2022 $3,307 $331,800 $43,700 $288,100
2021 $2,934 $291,100 $39,500 $251,600
2020 $2,835 $283,400 $38,300 $245,100
2019 $2,611 $263,600 $41,700 $221,900
2018 $2,643 $267,400 $41,800 $225,600
2017 $2,620 $265,800 $44,600 $221,200
2016 $2,277 $242,600 $45,200 $197,400
2014 $2,170 $234,500 $40,600 $193,900
2013 -- $228,100 $36,600 $191,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202043516

Indiana Regional MLS

APN: 51-11-23-700-015.000-005