NOT LISTED FOR SALE

8981 S 450 E Ferdinand, IN 47532

Estimated Value: $575,000 - $1,002,357

4 Beds
3.5 Baths
4,549 Sq Ft
$173/Sq Ft Est. Value

Last Sold July 29, 2019

Last sale price $855,000 $188 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,069/month

545 Days on Market

Highlights

  • Primary Bedroom Suite
  • 15.75 Acre Lot
  • Lake, Pond or Stream
  • Waterfront
  • Living Room with Fireplace
  • Cathedral Ceiling

About This Home

As of July 2019

Imagine living in this 4 bedroom, 3 1/2 bath home sitting on 15.75 acres more/less. It's a perfect blend of privacy and convenience being only 2.75 miles east of Ferdinand. This 2005 custom built home has over 3300 sq. ft. plus a full walk-out basement that has additional 1228 of living space and the rest in storage. Some of the homes features include an over-sized attached heated 3 car garage, a detached heated 2 car garage with upstairs storage, and 2 ponds. Inside the home you will find a 26 foot vaulted ceiling in the great room bathed in natural light from the massive wall of windows. A stoned, gas log, fireplace, Michigan white cedar wood, an open staircase to the loft also complete the great room.The functional kitchen boasts Kitchen Jewels custom cabinets, double oven, warming drawer, dishwasher, French Door Refrigerator, gas cook-top, and a large walk-in pantry with a freezer. A screened Porch is off the kitchen with another large deck to entertain. An added bonus is the whole home back-up generator, A storm room in the basement, an in-ground sprinkler system fed off the pond, a security system available, your very own weather vane and a paved driveway that leads to a concrete entry to the well landscaped house. Additional Acreage is available with barns. Subject to sellers survey. Seller will not sell extra land with barns until home has been sold.

Last Agent to Sell the Property

Brenda Krempp

RE/MAX Local Listed on: 01/02/2018

RE/MAX Local

Last Buyer's Agent

Sandra Cave

RE/MAX Local

RE/MAX Local

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,556

Year Built

  • Built in 2005

Lot Details

  • 15.75 Acre Lot
  • Waterfront
  • Rural Setting
  • Lot Has A Rolling Slope
  • Irrigation

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Poured Concrete
  • Stone Exterior Construction
  • Composite Building Materials

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Pocket Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Walkup Attic
  • Security System Leased

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Vanity
  • Bathtub With Separate Shower Stall
  • Garden Bath

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Lake, Pond or Stream
  • Patio

Utilities

  • Zoned Heating and Cooling
  • Hot Water Heating System
  • Radiant Heating System
  • Whole House Permanent Generator
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 19-15-14-400-012.002-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,556

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2005
  • Age: 14
  • Style: One and Half Story
  • Total Number of Rooms: 6
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: subject to new survey but approximately 15.75 acres
  • Parcel Number ID: 19-15-14-400-012.002-007
  • Platted: Yes
  • Amenities: Alarm System-Sec Rented, Attic-Walk-up, Breakfast Bar, Ceiling-Cathedral, Foyer Entry, Garage Door Opener, Garden Tub, Generator Built-In, Irrigation System, Kitchen Island, Pantry-Walk In, Patio Open, Pocket Doors, Porch Covered, Porch Screened, Rough-In Bath, Twin Sink Vanity, Tub and Separate Shower, Main Level Bedroom Suite, Garage-Heated
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Road Surface: Asphalt
  • Sp Lp Percent: 122.14
  • County Zoning: Other
  • Special Features: None

Interior Features

  • Total Sq Ft: 7593
  • Total Finished Sq Ft: 4549
  • Above Grade Finished Sq Ft: 3321
  • Below Grade Finished Sq Ft: 1228
  • Above Grade Unfinished Sq Ft: 1207
  • Below Grade Sq Ft: 1837
  • Price Per Sq Ft: 257.45
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 24x23, On Level: Main
  • Kitchen: Dimensions: 14x20, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 24x23, On Level: Lower
  • Den: Dimensions: 15x16, On Level: Lower
  • Extra Room: Mud Room, Dimensions: 7x11, On Level: Main
  • Bedroom 1: Dimensions: 16x16, On Level: Main
  • Bedroom 2: Dimensions: 15x14, On Level: Main
  • Bedroom 3: Dimensions: 16x15, On Level: Main
  • Bedroom 4: Dimensions: 18x16, On Level: Lower
  • Loft: Dimensions: 11x20, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 3065

Exterior Features

  • Exterior: Stone, Fiber Cement
  • Roof Material: Composite
  • Outbuilding1: 2nd Detached Garage, Dimensions: 28x36

Garage/Parking

  • Driveway: Asphalt, Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 46x24
  • Garage Sq Ft: 1104
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Propane, Hot Water, Radiant
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Dubois REC
  • Gas Company: Southern Indiana Propane
  • Water Company: Patoka Water
  • Hvac: Zoned Air Condtioning
  • Laundry: Dimensions: Mainx8, On Level: 12
  • Water Type: Pond

Schools

  • School District: Southeast Dubois County School Corp.
  • Elementary School: Ferdinand
  • Middle School: Forest Park
  • High School: Forest Park

Lot Info

  • Lot Description: Rolling
  • Estimated Lot Sq Ft: 686070
  • Estimated Lot Size Acres: 15.75

Tax Info

  • Annual Taxes: 5556.3
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jul 29, 2019
Sold by
Bawel Kathy J
Bought by
Robb Dan
Seller's Agent
Brenda Krempp
RE/MAX Local
Buyer's Agent
Sandra Cave
RE/MAX Local
List Price
$950,000
Sold Price
$855,000
Premium/Discount to List
-$95,000
-10%
Current Estimated Value
$805,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$49,479
Avg. Annual Appreciation
0.49%
Source: Public Records

Range of Values:

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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
Robb Dan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casey Kenneth W $242,000
Previous Owner Casey Cindy L $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2019 07/29/19 Sold $855,000 +22.1% $188 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $700,000 +6.5% $154 / Sq Ft
12/03/2018 12/03/18 Price Changed $657,000 -30.8% $144 / Sq Ft
01/02/2018 01/02/18 For Sale $950,000 +16.6% $209 / Sq Ft
12/18/2015 12/18/15 Sold $815,000 -7.4% $179 / Sq Ft
10/18/2015 10/18/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $879,900 -- $193 / 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 $7,909 $803,100 $112,200 $690,900
2023 $8,274 $842,200 $108,300 $733,900
2022 $8,040 $757,400 $104,300 $653,100
2021 $7,696 $647,500 $98,000 $549,500
2020 $8,976 $546,000 $40,200 $505,800
2019 $4,985 $546,600 $43,800 $502,800
2018 $5,450 $549,300 $43,700 $505,600
2017 $5,556 $550,800 $46,100 $504,700
2016 $5,499 $552,800 $47,600 $505,200
2014 $5,555 $534,200 $41,900 $492,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201800651

Indiana Regional MLS

APN: 19-15-14-400-012.002-007