NOT LISTED FOR SALE

783 E Palmyra Lake Rd Palmyra, IN 47164

Estimated Value: $122,000 - $139,000

2 Beds
1 Bath
768 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 03, 2023

Last sale price $110,000 $143 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $784/month

29 Days on Market

Highlights

  • Pole Barn
  • Fenced Yard
  • Ramp on the main level
  • Covered patio or porch
  • Eat-In Kitchen
  • 2 Car Garage

About This Home

As of March 2023

ONLINE AUCTION! Open House Monday, 2/6/23, 5PM-6PM. Don't miss out on this 2 bed 1 bath traditional farm home sitting on 5+ acres. With a 29' x 55' pole barn, this is a must see for any mechanic or hobbyist. The home needs extensive TLC. An excellent renovation project or purchase the property to build your dream home. The lot consists of cleared fields and wooded meadows. This secluded homestead is a close drive to Corydon and Salem. Look up details of the auction on the HiBid Auction website.

Last Listed By

Matt Fowler

Semonin REALTORS License #RB16001394 Listed on: 01/18/2023

Semonin REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $475

Year Built

  • Built in 1910

Lot Details

  • 5.09 Acre Lot
  • Fenced Yard
  • Property is zoned Agri/ Residential

Parking

  • 2 Car Garage

Interior Spaces

  • 768 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Basement
  • Basement Cellar

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Freezer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Ramp on the main level

Outdoor Features

  • Covered patio or porch
  • Pole Barn
  • Shed

Utilities

  • Window Unit Cooling System
  • Propane
  • Electric Water Heater
  • On Site Septic

Listing and Financial Details

  • Assessor Parcel Number 880417000022004008

Home Details

Home Type

Single Family

Est. Annual Taxes

$475

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Improvements: 23000
  • Annual Tax: 475
  • Appointment: Mandatory
  • Construction: Existing
  • Land Assessment: 34400
  • Legal Description: PT SE NE 17-1-4 5.097 AC. TRACT #2 FORMER ARNOLD FARM
  • Open House Count: 1
  • Out Buildings: Pole Barn, Shed
  • Parcel Number: 880417000022004008
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 57400
  • Total Deduction Amnt: 31416
  • Total Finished Square Footage: 768
  • Type: 1.5 Story
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Basement Type: Cellar
  • Above Grade Finished Sq Ft: 768.00
  • Appliances: Freezer, Range / Oven, Refrigerator
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Total Bedrooms: 2
  • Interior Amenities: Eat-In Kitchen, Family Room
  • Lot Sq Ft: 221720.40
  • Room Count: 5
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 768
  • Total Rooms: 4

Exterior Features

  • Exterior Features: Covered Porch, Fenced Yard, Ramp

Garage/Parking

  • Garage Type: Pole Barn
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling Type: Window A/C Unit(s)
  • Fuel Type: Lp Gas
  • Water Type: Public Onsite

Lot Info

  • Acres: 5.0900
  • Zoning: Agri/ Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Mar 3, 2023
Sold by
Rice Mary P
Bought by
Stafford Sonja
Seller's Agent
Matt Fowler
Semonin REALTORS
Buyer's Agent
Doris Crawford
Ward Realty Services
List Price
$1
Sold Price
$110,000
Premium/Discount to List
$109,999
10999900%
Total Days on Market
29
Views
241
Current Estimated Value
$131,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,643
Avg. Annual Appreciation
8.59%

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
Stafford Sonja $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Wayne J $58,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $110,000 +10999900.0% $143 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $1 -- $0 / 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 $645 $94,600 $34,400 $60,200
2023 $645 $92,600 $34,400 $58,200
2022 $470 $57,400 $34,400 $23,000
2021 $474 $54,800 $34,400 $20,400
2020 $476 $55,000 $34,400 $20,600
2019 $466 $54,900 $34,400 $20,500
2018 $452 $54,700 $34,400 $20,300
2017 $413 $55,000 $34,400 $20,600
2016 $392 $54,800 $34,400 $20,400
2014 $376 $55,500 $34,400 $21,100
2013 $353 $52,700 $34,400 $18,300
Source: Public Records

Agents Affiliated with this Home

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Source: Southern Indiana REALTORS® Association

MLS Number: 202305391

Southern Indiana REALTORS® Association

APN: 88-04-17-000-022.004-008