$175,000
$25K PRICE DROP

8369 S Old Palmyra Rd Pekin, IN 47165

Estimated payment $1,164/month

Total Views 74,758
4 Beds
2 Baths
2,296 Sq Ft
$76 Price per Sq Ft

Highlights

  • Hot Property
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Shed

About This Home

Unlimited opportunity! This residence can be converted to a single-family home, utilized as an investment property, or occupied as a primary residence with the option to rent out the secondary unit. Located in Pekin, Indiana, a short distance from Highway 135, the property sits on a cleared 1.35-acre lot in a serene country setting. A covered porch spans the entire front of the residence. The first apartment features an open concept living space, incorporating the living room and kitchen, along with two bedrooms and a bathroom equipped with a washer and dryer. The second apartment boasts an even larger open space, including a living room and kitchen, a bonus space in the living room, two bedrooms, and a full bathroom, with a separate laundry room. The sale includes two refrigerators, two stoves, two clothes washers, and two clothes dryers. Each unit has its own central heating and air units, with separate water and electric billing, and individual septic tanks. Schedule your showing today before this opportunity is gone.

Listing Agent

Mike Ashby

License #RB22000417 Listed on: 05/16/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,534

Year Built

  • Built in 2000

Parking

  • Off-Street Parking

Home Design

  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,296 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • On Site Septic

Additional Features

  • Shed
  • 1.35 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 0092212934

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,534

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Improvements: 118900
  • Additional Parking: Off Street
  • Annual Tax: 2534
  • Appointment: Mandatory
  • Construction: Frame On-Site
  • Foundation: Slab
  • Land Assessment: 10400
  • Legal Description: PT NW 34-1-4 1.35 AC TRACT # 12-B FORMER DENNY FARM
  • Out Buildings: Shed
  • Parcel Number: 0092212934
  • Property Sub Type: Residential
  • Property Type: Residential/Farm
  • Total: 129300
  • Total Finished Square Footage: 2296
  • Type: 1 Story
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Above Grade Finished Sq Ft: 2296.00
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • Lot Sq Ft: 58806.00
  • Room Count: 8
  • Sewer Type: Septic Onsite
  • Total Sq Ft: 2296
  • Total Rooms: 6

Utilities

  • Cooling Type: Central Air
  • Fuel Type: Electric
  • Heat Type: Forced Air
  • Water Type: Public Onsite

Lot Info

  • Acres: 1.3500
  • Zoning: Residential

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,536 $142,600 $10,400 $132,200
2023 $2,383 $129,300 $10,400 $118,900
2022 $2,542 $131,400 $10,400 $121,000
2021 $2,358 $117,900 $10,400 $107,500
2020 $2,256 $112,800 $10,400 $102,400
2019 $2,273 $115,900 $10,400 $105,500
2018 $2,207 $116,100 $10,400 $105,700
2017 $1,804 $116,100 $10,400 $105,700
2016 $1,429 $104,700 $10,400 $94,300
2014 $1,768 $103,300 $9,800 $93,500
2013 $1,894 $113,600 $21,400 $92,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 Price Changed $175,000 -12.5% $76 / Sq Ft
05/16/2025 05/16/25 For Sale $199,900 -- $87 / Sq Ft
Source: Southern Indiana REALTORS® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $73,286 Future Advance Clause Open End Mortgage
Source: Public Records

About the Listing Agent

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Source: Southern Indiana REALTORS® Association

MLS Number: 202508080

Southern Indiana REALTORS® Association

APN: 88-14-34-000-005.019-013