NOT LISTED FOR SALE

6506 Progress School Rd Shoals, IN 47581

Estimated Value: $199,000 - $292,000

3 Beds
2 Baths
2,140 Sq Ft
$110/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $152,500 $71 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,351/month

115 Days on Market

Highlights

  • Heavily Wooded Lot
  • Covered patio or porch
  • Covered Deck
  • Wood Flooring
  • 2 Car Detached Garage
  • Lot Has A Rolling Slope

About This Home

As of June 2020

Charming log cabin home nestled in the woods! Plenty of room in this unique 3 bedroom, 2 bath rustic home. The main floor has an open concept with living room open to kitchen and dining area, beautiful hardwood floors, and hickory cabinets. Laundry room, bedroom and 1 full bath. On the upper level, you find a 2nd bedroom and the master suite with 2nd full bath. This home would make a great weekend getaway as well as full time secluded living! A covered front porch , floor of front porch recently updated with new Trex decking, covered back deck, detached garage/workshop and all that nature has to offer on 5.47 wooded acres. Enjoy watching the wild life in this peaceful quiet setting. Adjacent to U.S. Forest Service property. Motivated seller!

Last Listed By

Patti Sanders

Key Associates Realty Group Listed on: 09/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1987

Lot Details

  • 5.43 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Home Design

  • Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,140 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Deck
  • Covered patio or porch

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Utilities

  • Window Unit Cooling System
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 51-10-24-100-013.000-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1987
  • Age: 33
  • Style: One and Half Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT S1/2 NE; 24-2-4; 5.427 ACRES
  • Parcel Number ID: 51-10-24-100-013.000-005
  • Platted: Yes
  • Amenities: Deck Covered, Porch Covered
  • Location: Rural
  • Sp Lp Percent: 95.37
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2140
  • Total Finished Sq Ft: 2140
  • Above Grade Finished Sq Ft: 2140
  • Price Per Sq Ft: 71.26
  • Basement Foundation: Crawl
  • Fireplace: Wood Burning Stove
  • Flooring: Hardwood Floors
  • Bedroom 1: Dimensions: 12x8, On Level: Main
  • Bedroom 2: Dimensions: 12x12, On Level: Upper
  • Bedroom 3: Dimensions: 16x20, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Log
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Window
  • Heating Fuel: Propane, Other Heating System
  • Sewer: Septic
  • Water Utilities: Public

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, Rolling, 3-5.9999
  • Lot Dimensions: 236400
  • Estimated Lot Sq Ft: 236400
  • Estimated Lot Size Acres: 5.427

Tax Info

  • Annual Taxes: 344

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
Sep 19, 2019
Closed on
Jun 4, 2020
Sold by
Boyd Raymond D and Boyd Vicki D
Bought by
Taylor Anthony D and Taylor Allison M
Seller's Agent
Patti Sanders
Key Associates Realty Group
Buyer's Agent
Patti Sanders
Key Associates Realty Group
List Price
$169,000
Sold Price
$152,500
Premium/Discount to List
-$16,500
-9.76%
Total Days on Market
115
Current Estimated Value
$234,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,263
Avg. Annual Appreciation
9.16%
Original Mortgage
$122,000
Outstanding Balance
$109,330
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$125,433

Range of Values:

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Average Value
Not Available
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
Taylor Anthony D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Anthony D $122,000
Previous Owner Boyd Raymond D $40,000
Previous Owner Boyd Raymond D $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $152,500 0.0% $71 / Sq Ft
01/12/2020 01/12/20 Pending -- -- --
12/19/2019 12/19/19 Off Market $152,500 -- --
11/01/2019 11/01/19 Price Changed $159,900 -5.4% $75 / Sq Ft
09/19/2019 09/19/19 For Sale $169,000 -- $79 / 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 $605 $133,100 $14,400 $118,700
2023 $605 $125,900 $13,600 $112,300
2022 $486 $116,900 $12,800 $104,100
2021 $414 $103,400 $11,900 $91,500
2020 $364 $98,300 $11,400 $86,900
2019 $349 $95,700 $11,400 $84,300
2018 $344 $95,500 $11,200 $84,300
2017 $335 $96,000 $11,100 $84,900
2016 $327 $96,100 $11,000 $85,100
2014 $313 $96,100 $10,700 $85,400
2013 -- $93,800 $10,400 $83,400
Source: Public Records

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Source: Indiana Regional MLS

MLS Number: 201941257

Indiana Regional MLS

APN: 51-10-24-100-013.000-005