NOT LISTED FOR SALE

8500 W Main St French Lick, IN 47432

Estimated Value: $270,111

0.54 Acre
$500,206 Price per Acre
23,522 Sq Ft Lot

Last Sold May 01, 2022

Last sale price $236,000 $99 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,871/month

105 Days on Market

About This Lot

As of May 2022

8500 W. Main St.,French Lick, In Choice Commercial Location, Near all the activities in Downtown French Lick. Zoned Downtown Commercial. 2,380 sq. ft.Brick/Frame Office Building! Multiple office's , Conference Room, Bathroom's, Breakroom w/ a full basement for the additional space!Multiple Heating & Cooling Units..54 Acre Lot with 185' of Frontage on Main Street, 128' on Jack Carnes Way and 128' Frontage on Larry Bird Blvd. $229,000.00

Last Agent to Sell the Property

Brooks Galloway

Brooks Galloway Real Estate Listed on: 06/09/2020

Last Buyer's Agent

Chris Burton

Brooks Galloway Real Estate

Property Details

Property Type

  • Land

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 185 x 128
  • Finished Lot(s)

Parking

  • Garage
  • Public Parking
  • Private Parking

Schools

  • Springs Valley Elementary And Middle School
  • Springs Valley High School

Additional Features

  • City Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 59-12-03-202-011.000-002

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Commercial Land
  • Legal Description: Greenhouse Sub Div PT 11,PT 12, PT 13, PT 14, PT 15, PT 16
  • Parcel Number ID: 59-12-03-202-011.000-002
  • Platted: Yes
  • Location: City
  • Road Access: City
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: Irregular, Level
  • Type of Sale: Traditional
  • Options: Sell Entirely, Additional Land Available
  • Type Use: Commercial, Office
  • Year Taxes Payable: 550000
  • Special Features: None

Exterior Features

  • Road Frontage: City

Garage/Parking

  • Parking: Garage, Paved, Private, Public

Utilities

  • Water Utilities: City, Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Indiana Natural Gas
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City, Public

Schools

  • School District: Springs Valley Community Schools
  • Elementary School: Springs Valley
  • Middle School: Springs Valley
  • High School: Springs Valley
  • Elementary School: Springs Valley

Lot Info

  • Lot Dimensions: 185 x 128
  • Estimated Lot Sq Ft: 23522
  • Estimated Lot Size Acres: 0.54
  • Land Features: Garage

Tax Info

  • Annual Taxes: 550000

MLS Schools

  • High School: Springs Valley
  • Middle School: Springs Valley
  • School District: Springs Valley Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Didiason Community Development Corporati
Bought by
Town Of French Lick By Its Redevelopment Comm
Current Estimated Value
$270,111

Purchase Details

Closed on
Jan 31, 2023
Sold by
Renner Dgnild L
Bought by
Dickason Community Development Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,382
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Town Of French Lick By Its Redevelopment Comm -- None Listed On Document
Dickason Community Development Corporation -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dickason Community Development Corporation $388,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2022 05/01/22 Sold $236,000 +3.1% $99 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $229,000 -- $96 / 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 -- $0 $0 $0
2023 $4,828 $174,900 $75,000 $99,900
2022 $3,937 $170,200 $73,100 $97,100
2021 $3,717 $152,200 $70,600 $81,600
2020 $3,746 $152,800 $69,300 $83,500
2019 $3,578 $148,500 $67,400 $81,100
2018 $3,360 $145,700 $66,200 $79,500
2017 $2,919 $129,800 $63,000 $66,800
2016 $2,508 $118,900 $60,600 $58,300
2014 $2,590 $115,900 $60,600 $55,300
2013 $2,590 $141,000 $60,600 $80,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202037990

Indiana Regional MLS

APN: 59-12-03-202-011.000-002