NOT LISTED FOR SALE

8744 Red School Rd Shoals, IN 47581

Estimated Value: $110,000 - $149,000

2 Beds
1 Bath
1,404 Sq Ft
$94/Sq Ft Est. Value

Last Sold November 20, 2023

Last sale price $115,000 $82 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $745/month

Highlights

  • Partially Wooded Lot
  • 1 Car Detached Garage
  • Central Air
  • Corner Lot

About This Home

As of November 2023

This home is located at 8744 Red School Rd, Shoals, IN 47581 since 13 October 2023 and is currently estimated at $131,338, approximately $93 per square foot. This property was built in 1948. 8744 Red School Rd is a home located in Martin County with nearby schools including Shoals Community Elementary School, Shoals Middle School, and Shoals Community Junior/Senior High School.

Last Listed By

Mary Norris

F.C. TUCKER EMGE Brokerage Phone: 812-482-1424 Listed on: 10/13/2023

F.C. TUCKER EMGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $201

Year Built

  • Built in 1948

Lot Details

  • 3 Acre Lot
  • Corner Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • 1 Bedroom in Basement

Schools

  • Shoals Community Elementary And Middle School
  • Shoals High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 51-06-20-400-046.000-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$201

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1948
  • Age: 75
  • Style: One and Half Story
  • Total Number of Rooms: 5
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT N1/2 SE 20-3-3 3AC.
  • Parcel Number ID: 51-06-20-400-046.000-003
  • Platted: Yes
  • Cross Street: Hwy. 50
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2808
  • Total Finished Sq Ft: 1404
  • Above Grade Finished Sq Ft: 1404
  • Above Grade Unfinished Sq Ft: 468
  • Below Grade Sq Ft: 936
  • Price Per Sq Ft: 81.91
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Living Great Room: On Level: Main
  • Kitchen: On Level: Main
  • Bedroom 1: Dimensions: 10x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 936

Exterior Features

  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 20x14
  • Garage Sq Ft: 280
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • 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: Corner, Irregular, Partially Wooded
  • Lot Dimensions: 3 acres
  • Estimated Lot Sq Ft: 130680
  • Estimated Lot Size Acres: 3

Tax Info

  • Annual Taxes: 48

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 13, 2023
Closed on
Oct 27, 2023
Sold by
Albright Helen S
Bought by
Krodel Danny
Seller's Agent
Mary Norris
F.C. TUCKER EMGE
Buyer's Agent
Mary Norris
F.C. TUCKER EMGE
List Price
$115,000
Sold Price
$115,000
Total Days on Market
0
Views
6
Current Estimated Value
$131,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,338
Avg. Annual Appreciation
9.53%
Original Mortgage
$112,917
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
May 25, 2022
Sold by
National Gypsum Company
Bought by
Gold Bond Building Products Llc

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
Krodel Danny $115,000 None Listed On Document
Gold Bond Building Products Llc -- Shadley Racher & Braun Llp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krodel Danny $112,917
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2023 11/20/23 Sold $115,000 0.0% $82 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $115,000 -- $82 / 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 $201 $89,400 $19,900 $69,500
2023 $92 $63,400 $19,400 $44,000
2022 $92 $59,700 $18,900 $40,800
2021 $24 $54,300 $17,900 $36,400
2020 $24 $51,600 $17,300 $34,300
2019 $24 $49,600 $16,700 $32,900
2018 $111 $52,900 $16,400 $36,500
2017 $103 $50,800 $16,100 $34,700
2016 $100 $50,200 $15,900 $34,300
2014 $95 $49,300 $15,400 $33,900
2013 -- $48,100 $15,400 $32,700
Source: Public Records

Agents Affiliated with this Home

  • Mary Norris

    Seller's Agent in 2023

    Mary Norris

    F.C. TUCKER EMGE

    (812) 698-7089

    142 Total Sales

    Mary Norris
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Map

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Source: Indiana Regional MLS

MLS Number: 202337889

Indiana Regional MLS

APN: 51-06-20-400-046.000-003

Indiana Martin County Shoals 47581

8744 Red School Rd, Shoals, IN

Homes for Sale in Shoals, IN

This home is located at 8744 Red School Rd, Shoals, IN 47581 since 13 October 2023 and is currently estimated at $131,338, approximately $93 per square foot. This property was built in 1948. 8744 Red School Rd is a home located in Martin County with nearby schools including Shoals Community Elementary School, Shoals Middle School, and Shoals Community Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.