NOT LISTED FOR SALE

8715 Gerald Rd Cannelton, IN 47520

Estimated Value: $223,000 - $428,000

2 Beds
2 Baths
1,296 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $400,000 $309 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,247/month

98 Days on Market

Highlights

  • 51.68 Acre Lot
  • Pasture
  • Creek or Stream
  • Partially Wooded Lot
  • Central Air
  • Lot Has A Rolling Slope

About This Home

As of August 2023

Welcome to Deer Creek! This 52± acre recreational retreat in Cannelton, Indiana, is an outdoor enthusiast’s paradise. Rolling wooded hills, 2,600 feet of Deer Creek, a home, and abundant wildlife make this a diverse recreational property. The property consists of approximately 25 acres of woodland with a good mixture of timber and the rest in open pasture, creek, home, Ultralight grass runway, and hanger/pole barn. The 1,296 sq ft home was built in 1988. It has two bedrooms, two baths, and two carports attached to the house. You will find an entry door from each carport, laundry/mud room, and a full bath on the main floor. The beautiful staircase with the bay window will lead you to the second floor, which has an open-concept living room and kitchen, two bedrooms, and another full bath. The home is well insulated and has 48 windows, giving it great natural sunlight and panoramic views of the property. The property has a great mixture of habitat for hunting and recreational purposes. The cement bridge that crosses Deer Creek will lead you to some open pasture and a larger timber section. Several pinch points, travel corridors, and terrain features make this a great hunting tract. Planting switchgrass, warm-season grasses, and food plots would improve this hunting farm. The home is on one side of the property, giving you more land to hunt without spooking or disrupting the wildlife. Due to Deer Creek being a wet-weather creek that comes from Walk-In Lake’s overflow, the home is situated on a higher piece of ground. The property is located at the top end of a FEMA floodplain, and there are approximately 5.4 miles of Deer Creek from the Ohio River to the southwest corner of the property. The property offers all amenities of quiet country living, with the convenience of the Hoosier National Forest (German Ridge Recreation Area) and Rocky Point Marina minutes away. 1:15 from Evansville IN. 1:10 from Louisville KY. Key Features.. -Hoosier National Forest -Rocky point Marina -Rural Living -Horses -Comfort and convenience -Hunting (whitetail deer, turkey, small game) -Creek with cement bridge -Camping -ATV Riding -Ultralight hanger/pole barn -Multiple food plot locations -Taxes 2,000/yr

Last Agent to Sell the Property

Charlie Garrison

Indiana Land and Lifestyle Listed on: 03/09/2023

Last Buyer's Agent

Michelle Neighbors

@properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1988

Lot Details

  • 51.68 Acre Lot
  • Creek or Stream
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Vinyl Construction Material

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Myers Elementary School
  • Cannelton Middle School
  • Cannelton High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Energy-Efficient Insulation
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 62-14-29-200-003.000-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1988
  • Age: 35
  • Style: Two Story
  • Total Number of Rooms: 2
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 006-00101-00 E 3/4 OF W1/2 NE 29-6-2 51.68A
  • Parcel Number ID: 62-14-29-200-003.000-006
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 93.24
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1296
  • Total Finished Sq Ft: 1296
  • Above Grade Finished Sq Ft: 1296
  • Price Per Sq Ft: 308.64
  • Bedroom 1: Dimensions: 16x14, On Level: Upper
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 40x24
  • Water Name: Deer Creek

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Creek
  • Well Type: Private

Schools

  • School District: Cannelton City Schools
  • Elementary School: Myers
  • Middle School: Cannelton
  • High School: Cannelton
  • Elementary School: Myers

Lot Info

  • Lot Description: Partially Wooded, Rolling, Gas Rights on Property, Pasture
  • Lot Dimensions: 2251181 sq ft
  • Estimated Lot Sq Ft: 2251181
  • Estimated Lot Size Acres: 51.68

Green Features

  • Energy Efficient: Insulation

Tax Info

  • Annual Taxes: 2000

MLS Schools

  • High School: Cannelton
  • Middle School: Cannelton
  • School District: Cannelton City Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
Aug 17, 2023
Sold by
Briggs Gerald David
Bought by
Coker Dawn A and Coker Troy
Seller's Agent
Charlie Garrison
Indiana Land and Lifestyle
Buyer's Agent
Michelle Neighbors
@properties
List Price
$429,000
Sold Price
$400,000
Premium/Discount to List
-$29,000
-6.76%
Views
122
Current Estimated Value
$363,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,945
Avg. Annual Appreciation
-6.05%
Original Mortgage
$153,800
Outstanding Balance
$149,669
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$203,598
Source: Public Records

Range of Values:

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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
Coker Dawn A -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coker Dawn A $153,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $400,000 -6.8% $309 / Sq Ft
06/15/2023 06/15/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $429,000 -- $331 / 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 $3,105 $177,800 $62,300 $115,500
2023 $3,269 $170,900 $55,200 $115,700
2022 $2,117 $125,100 $46,400 $78,700
2021 $2,106 $104,700 $34,200 $70,500
2020 $1,982 $98,500 $26,600 $71,900
2019 $2,047 $101,600 $29,700 $71,900
2018 $1,044 $105,300 $30,400 $74,900
2017 $1,079 $106,800 $33,400 $73,400
2016 $1,152 $108,800 $34,800 $74,000
2014 $972 $97,900 $35,900 $62,000
2013 $972 $94,400 $32,300 $62,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202306993

Indiana Regional MLS

APN: 62-14-29-200-003.000-006