NOT LISTED FOR SALE

6616 Us Highway 50 Shoals, IN 47581

Estimated Value: $458,000

5 Beds
5.5 Baths
8,542 Sq Ft
$54/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $399,000 $47 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,441/month

6 Days on Market

Highlights

  • 15 Acre Lot
  • Home fronts a canal
  • Partially Wooded Lot
  • Open Floorplan
  • Living Room with Fireplace
  • Backs to Open Ground

About This Home

As of May 2021

Enjoy the breathtaking views of the White River Valley from this one-of-a-kind, stately limestone home. This 5 bedroom, 5 bath home has been meticulously updated. The renovation honors the integrity of the house's original 1950's style, yet creates an artful blend of yesterday and today. The chef's kitchen highlights a large island plus an abundance of storage and preparation space. From the foyer you see sweeping views from the full wall of windows in the living room and dining room that continue to the outdoor living spaces. A beautiful balcony and walk-out basement promote sitting areas for relaxing and entertaining. The second floor has a spacious bedroom and bonus rooms. The huge partially finished basement boasts a family room and several additional hobby or storage rooms, as well as a heated garage. Many new updates include metal roof, garage door, front door, wood floors, and new kitchen. Convenient to Shoals, French Lick, and West Baden. Just a little over 20 minutes to the casino or to I-69. This property sits on 15 acres m/l.  Ask about the additional 20+ acres that are available for option to purchase.

Last Agent to Sell the Property

Patti Sanders

Key Associates Realty Group Listed on: 02/26/2021

Last Buyer's Agent

Patti Sanders

Key Associates Realty Group Listed on: 02/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,308

Year Built

  • Built in 1956

Lot Details

  • 15 Acre Lot
  • Home fronts a canal
  • Backs to Open Ground
  • Sloped Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Limestone

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-in Bookshelves
  • Built-In Features
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Gas Oven or Range
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Double Vanity
  • Garden Bath

Laundry

  • Laundry Chute
  • Electric Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • 1 Bathroom in Basement

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 51-07-24-400-063.000-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,308

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1956
  • Age: 65
  • Style: Two Story
  • Total Number of Rooms: 17
  • Total Number of Rooms Below Grade: 7
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 6
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NW SE 24-3-4; 31.30 AC PER SURVEY, PT E 1/2 SW 24-3-4; 7.91 AC PER SURVEY, PT NW SE 24-3-4; .54 AC 15 ACRES TO BE SURVEYED WITH HOUSE, ADDITIONAL LAND AVAILABLE
  • Parcel Number ID: 51-07-24-400-063.000-001
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Built-In Bookcase, Built-in Desk, Closet(s) Cedar, Closet(s) Walk-in, Countertops-Solid Surf, Detector-Smoke, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Garden Tub, Kitchen Island, Laundry-Chute, Open Floor Plan, Patio Open, Pocket Doors, Porch Covered, Porch Open, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Twin Sink Vanity, Garage-Heated
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.58
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 8542
  • Total Finished Sq Ft: 8542
  • Above Grade Finished Sq Ft: 5294
  • Below Grade Finished Sq Ft: 3248
  • Price Per Sq Ft: 75.37
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 24x16, On Level: Main
  • Kitchen: Dimensions: 18x15, On Level: Main
  • Breakfast Room: Dimensions: 13x10, On Level: Main
  • Dining Room: Dimensions: 16x13, On Level: Main
  • Family Room: Dimensions: 32x12, On Level: Lower
  • Bedroom 1: Dimensions: 18x16, On Level: Main
  • Bedroom 2: Dimensions: 14x14, On Level: Main
  • Bedroom 3: Dimensions: 22x12, On Level: Main
  • Bedroom 4: Dimensions: 16x14, On Level: Main
  • Bedroom 5: Dimensions: 18x14, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 3
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3248

Exterior Features

  • Exterior: Limestone
  • Roof Material: Metal
  • Outbuilding1: None
  • Water Name: White River

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Water Type: River

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: Partially Wooded, Slope, 15+, Water View
  • Lot Dimensions: 653400.
  • Estimated Lot Sq Ft: 653400
  • Estimated Lot Size Acres: 15

Tax Info

  • Annual Taxes: 1308.02

Multi Family

  • Water Access: Channel Front/Canal

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

Closed on
Dec 16, 2021
Sold by
Indiana Timber And Veneer Llc
Bought by
Maf Properties Llc
Current Estimated Value
$458,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Outstanding Balance
$61,923
Interest Rate
2.34%
Estimated Equity
$396,077

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 25, 2021
Sold by
Wright Aram W and Wright Dana A
Bought by
Indiana Timber And Veneer Llc
Seller's Agent
Patti Sanders
Key Associates Realty Group
Buyer's Agent
Patti Sanders
Key Associates Realty Group
List Price
$431,000
Sold Price
$399,000
Premium/Discount to List
-$32,000
-7.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%

Purchase Details

Listed on
Feb 26, 2021
Closed on
May 3, 2021
Sold by
Indiana Timber And Veneer Llc
Bought by
Patrick T Hopkins And Jayne M Lentz Revocable
Seller's Agent
Patti Sanders
Key Associates Realty Group
Buyer's Agent
Patti Sanders
Key Associates Realty Group
List Price
$431,000
Sold Price
$399,000
Premium/Discount to List
-$32,000
-7.42%
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
Maf Properties Llc $99,000 Fritch Law Office
Indiana Timber And Veneer Llc -- None Listed On Document
Patrick T Hopkins And Jayne M Lentz Revocable -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maf Properties Llc $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2021 05/03/21 Sold $399,000 -7.4% $47 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $431,000 -- $50 / 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 $161 $11,600 $11,600 $0
2023 $161 $9,700 $9,700 $0
2022 $109 $7,700 $7,700 $0
2021 $3,870 $263,900 $19,100 $244,800
2020 $3,486 $241,600 $18,400 $223,200
2019 $1,388 $234,600 $20,100 $214,500
2018 $1,298 $228,000 $20,100 $207,900
2017 $1,263 $228,900 $21,300 $207,600
2016 $1,272 $235,700 $21,800 $213,900
2014 $1,204 $233,200 $22,200 $211,000
2013 -- $224,500 $20,500 $204,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202105913

Indiana Regional MLS

APN: 51-07-24-400-063.000-001