NOT LISTED FOR SALE

7215 Lincoln Springs Rd NW Depauw, IN 47115

Estimated Value: $88,000 - $131,000

2 Beds
1 Bath
1,260 Sq Ft
$87/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $42,000 $33 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $613/month

Highlights

  • Wooded Lot
  • Log Cabin
  • 1-Story Property
  • Pole Barn
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2015

Looking for a quiet country setting near Palmyra? You will love this log home featuring two bedrooms and one bath sitting on a wooded 3 acres. The property also features a large pole barn with electric and detached garage. Lots of potential weekend getaway or home sweet home. This is a Fannie Mae HomePath property. Measurements and square footage approximate. HomePath Ready Buyer Education Program available on homepath website. First Time Homebuyers who complete this education course by their initial offer may request up to 3% closing cost assistance. Restrictions Apply.

Last Agent to Sell the Property

Don Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14031854 Listed on: 07/23/2015

Schuler Bauer Real Estate Services ERA Powered  (N

Co-Listed By

Matt Lincoln

Schuler Bauer Real Estate Services ERA Powered (N License #RB14042235

Last Buyer's Agent

Dan Stewart

RE/MAX Ability Plus License #RB14044113

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189

Year Built

  • Built in 1926

Lot Details

  • 3 Acre Lot
  • Wooded Lot
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Detached Garage
  • Carport
  • Off-Street Parking

Home Design

  • Log Cabin
  • Frame Construction

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Basement Cellar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Pole Barn

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Foreclosure
  • Assessor Parcel Number 310401100002000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$189

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Improvements: 43700
  • Additional Parking: Off Street
  • Annual Tax: 189
  • Appointment: Mandatory
  • Bank Owned Foreclosure YN: Yes
  • Construction: Frame On-Site
  • Foundation: Unknown
  • Irregular Dimensions Yn: Yes
  • Land Assessment: 8900
  • Legal Description: SEC:01. DIST:0001 CITY/MUNI/TWP:BLUE RIVER TOWNSHIP TR#:1 PT S 1/2 NW QR 1-2-2
  • Lot Dimensions: see lot size
  • Numof Fireplaces: 0
  • Out Buildings: Garage, Pole Barn
  • Parcel Number: 310401100002000001
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 52600
  • Total Finished Square Footage: 1260
  • Type: 1 Story, Log
  • Year Built: 1926
  • Special Features: 20

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 1260.00
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Lot Measurement: Acres
  • Lot Sq Ft: 130680.00
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 1260
  • Total Rooms: 5

Garage/Parking

  • Garage Type: Carport, Detached, Pole Barn
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Fuel Type: Lp Gas
  • Heat Type: Forced Air
  • Water Type: Well

Lot Info

  • Acres: 3.0000
  • Lot Description: Wooded Lot
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2015
Closed on
Sep 18, 2015
Sold by
Federal Association
Bought by
Holland Richard W and Holland Susan M
Seller's Agent
Don Lincoln
Schuler Bauer Real Estate Services ERA Powered (N
Buyer's Agent
Dan Stewart
RE/MAX Ability Plus
List Price
$48,900
Sold Price
$42,000
Premium/Discount to List
-$6,900
-14.11%
Current Estimated Value
$109,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,500
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
May 20, 2015
Sold by
Sheriff
Bought by
Federal Association
Source: Public Records

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
Holland Richard W $42,000 Total Title Llc
Federal Association $27,200 Doyle Legal Corporation Pc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $42,000 -14.1% $33 / Sq Ft
09/03/2015 09/03/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $48,900 -- $39 / Sq Ft
Source: Southern Indiana REALTORS® Association

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 $394 $32,500 $29,500 $3,000
2023 $360 $27,500 $24,500 $3,000
2022 $302 $22,900 $18,500 $4,400
2021 $232 $17,000 $13,500 $3,500
2020 $210 $14,800 $11,600 $3,200
2019 $199 $14,000 $11,600 $2,400
2018 $201 $14,200 $11,600 $2,600
2017 $189 $14,000 $11,600 $2,400
2016 $678 $54,900 $11,600 $43,300
2014 $189 $52,600 $8,900 $43,700
2013 $189 $51,600 $9,500 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Indiana REALTORS® Association

MLS Number: 201505251

Southern Indiana REALTORS® Association

APN: 31-04-01-100-002.000-001