NOT LISTED FOR SALE

8358 Progress School Rd Shoals, IN 47581

Estimated Value: $100,000 - $174,000

3 Beds
2 Baths
1,625 Sq Ft
$90/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $82,000 $50 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $955/month

54 Days on Market

Highlights

  • Partially Wooded Lot
  • Shed
  • Lot Has A Rolling Slope
  • 2 Car Detached Garage
  • 1-Story Property

About This Home

As of December 2023

This home is a 3 bedroom-2 bath home with screened in back porch located on 4.57 acres near the Martin State Forest and Hoosier National Forest. This home is not habitable without major updates which makes it perfect for an investor, home flipper or DYI. There are several outbuildings on the property including a large detached garage, attached carport. two corn bins that can/have been be used for storage. Great potential for a home near hunting, fishing and outside activities. Contact you agent to see what this home could be. Home is being sold "AS-IS"/no warranties or guarantees / Septic system is an approx. 2000 gal. holding tank--no finger system-pumped 10/2021 / Shower does not drain into the septic holding tank / HVAC system is defective / Cash Sale Only / AS-IS Sale. Measurements are approx.

Last Listed By

Jim Snyder

United Real Estate Indianapolis Brokerage Email: jimsnyderrealtor@gmail.com Listed on: 10/05/2023

United Real Estate Indianapolis

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $580

Year Built

  • Built in 1984

Lot Details

  • 4.63 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Log Siding
  • Vinyl Construction Material

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Additional Features

  • Shed
  • Heating System Powered By Owned Propane

Listing and Financial Details

  • Assessor Parcel Number 51-10-12-400-026.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$580

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1984
  • Age: 39
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt Ne Se 12-2-4 4.565 Ac.
  • Parcel Number ID: 51-10-12-400-026.000-003
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 74.55
  • County Zoning: Unknown
  • Year Taxes Payable: 2022
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1625
  • Total Finished Sq Ft: 1625
  • Above Grade Finished Sq Ft: 1625
  • Price Per Sq Ft: 50.46
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 16x17
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Bedroom 1: Dimensions: 17x12, On Level: Main
  • Bedroom 2: Dimensions: 13x12, On Level: Main
  • Bedroom 3: Dimensions: 15x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl, Log
  • Outbuilding1: Outbuilding, Dimensions: 25x8, 350
  • Outbuilding2: Shed

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x30
  • Garage Sq Ft: 750
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Heating Fuel: Propane Tank Owned
  • 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: Partially Wooded, Rolling, 3-5.9999
  • Lot Dimensions: 399' x 900' x 1,800' (approx.)
  • Estimated Lot Sq Ft: 201465
  • Estimated Lot Size Acres: 4.625

Tax Info

  • Annual Taxes: 579.76

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 5, 2023
Closed on
Dec 14, 2023
Sold by
Taylor Leta K and Freeman Randall J
Bought by
Wagler Glen E and Wagler Lynetta E
Seller's Agent
Jim Snyder
United Real Estate Indianapolis
Buyer's Agent
Mary Norris
F.C. TUCKER EMGE
List Price
$110,000
Sold Price
$82,000
Premium/Discount to List
-$28,000
-25.45%
Total Days on Market
54
Views
142
Current Estimated Value
$146,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,444
Avg. Annual Appreciation
51.77%

Range of Values:

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Average Value
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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
Wagler Glen E $82,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Sold $82,000 -25.5% $50 / Sq Ft
11/28/2023 11/28/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $110,000 0.0% $68 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/05/2023 10/05/23 For Sale $110,000 -- $68 / 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 $1,716 $121,500 $23,400 $98,100
2023 $1,716 $114,600 $22,900 $91,700
2022 $556 $107,600 $22,400 $85,200
2021 $474 $96,100 $21,200 $74,900
2020 $445 $91,600 $20,600 $71,000
2019 $456 $92,500 $20,000 $72,500
2018 $429 $89,900 $19,700 $70,200
2017 $433 $86,400 $19,400 $67,000
2016 $397 $85,800 $19,200 $66,600
2014 $390 $88,200 $18,700 $69,500
2013 -- $85,900 $18,700 $67,200
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202336584

Indiana Regional MLS

APN: 51-10-12-400-026.000-003