$385,000
SOLD JAN 3, 2018

9480 Gilmore Ridge Rd Nashville, IN 47448

3 Beds
2 Baths
2,445 Sq Ft
4.25 Acres

Recently Sold

$157 Per Sq Ft

4% Below List Price

13 Days on Market

Highlights

  • 3,000 Feet of Waterfront
  • Access To Lake
  • Primary Bedroom Suite
  • Unionville Elementary School Rated A
  • RV Parking in Community
  • Lake Property

About This Home

As of February 2025

Beautifully situated on Lake Monroe this 3 bed, 2 bath, 2,445 sqft home sits on 4.25 acres with an additional 56 acres available for purchase. The home is just charming and would make for a fantastic full time residence or vacation retreat. Buyer would have first right on adjoining 33 acres surrounding this property as well. Originally built in 1920 this home has had extensive renovations, additions, and remodels. Some of the features include: Newer sun room, screened in porch, master bedroom on the main level, partial basement which is finished and walks out towards the lake, New HVAC, newer roof, newer stainless steel kitchen appliance package, vaulted ceilings, skylights, private covered deck off the master bedroom, 2 car attached garage with a 3 car detached, outdoor shower, 2 wood stoves, several decks, landscaping, fire pits and so much more. Walk to the lake for a swim, pull a kayak down for a shoreline cruise at sunset, swim or fish, this place has it all. Bordered by state ground and located on the Monroe County / Brown County line the location is ideal for enjoying nature and a short trip to Bloomington or Nashville for entertainment, shopping and other amenities. This truly is a charming home on nice acreage within walking distance of the lake. A great opportunity to pick up your own retreat on Lake Monroe, aggressively priced below recent appraisal.

Last Buyer's Agent

Chelsea Kieffner

CK Realty Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,410

Year Built

  • Built in 1920

Lot Details

  • 4.25 Acre Lot
  • 3,000 Feet of Waterfront
  • Rural Setting
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Finished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Access To Lake
  • Sun Deck
  • Waterski or Wakeboard
  • Lake Property
  • Lake, Pond or Stream
  • Balcony
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 530727200002000014

Community Details

Overview

  • RV Parking in Community
  • Near a National Forest

Amenities

  • Community Fire Pit

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,410

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1920
  • Age: 97
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 010-08970-00 Pt N1/2 27-8-1e 44.70 A Plat 38 (Classified Forest)
  • Parcel Number ID: 530727200002000014
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Adj to State/Natnl Forest, Balcony, Breakfast Bar, Ceiling-9+, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Deck Open, Deck on Waterfront, Detector-Smoke, Dryer Hook Up Electric, Firepit, Foyer Entry, Garage Door Opener, Garden Tub, Porch Screened, Range/Oven Hook Up Elec, Six Panel Doors, Skylight(s), RV Parking, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Great Room
  • Location: Lake, Rural
  • Road Surface: Gravel
  • Sp Lp Percent: 96.49
  • Special Features: None

Interior Features

  • Total Sq Ft: 2445
  • Total Finished Sq Ft: 2445
  • Above Grade Finished Sq Ft: 2229
  • Below Grade Finished Sq Ft: 216
  • Basement: Yes
  • Basement Foundation: Partial Basement, Walk-Out Basement, Finished
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 17x16, On Level: Main
  • Kitchen: Dimensions: 14x11, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 16x16, On Level: Lower
  • Den: Dimensions: 14x14, On Level: Upper
  • Extra Room: sun room, Dimensions: 19x11, On Level: Main
  • Bedroom 1: Dimensions: 17x17, On Level: Main
  • Bedroom 2: Dimensions: 18x13, On Level: Upper
  • Bedroom 3: Dimensions: 14x19, On Level: Upper
  • Loft: Dimensions: 13x11, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 216

Exterior Features

  • Exterior: Stone, Wood
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 40x18, 720
  • Lake Type: Ski Lake
  • Water Features: Walk to Lake Access
  • Water Frontage: 3000
  • Water Name: Lake Monroe

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x19
  • Garage Sq Ft: 418

Utilities

  • Cooling: Central Air
  • Heating Fuel: Wood, Forced Air, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Lake
  • Well Type: Private

Schools

  • School District: Monroe County Community School Corp.
  • Elementary School: Unionville
  • Middle School: Tri-North
  • High School: Bloomington North

Lot Info

  • Lot Description: Irregular, Partially Wooded, Waterfront, 3-5.9999, Lake
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 185130
  • Estimated Lot Size Acres: 4.25
  • Zoning: Residential Agriculture

Tax Info

  • Annual Taxes: 1410.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2023
Sold by
Clady Joseph Bradley
Bought by
Hoover Holly
Current Estimated Value
$900,262

Purchase Details

Closed on
Jul 28, 2020
Sold by
Ballard Lucas A and Ballard Karen M
Bought by
Clady Joseph Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jan 3, 2018
Sold by
Rex Higgins
Bought by
Luke Ballard and Lucas Ballard Attorney I
Seller's Agent
David Martin
F.C. Tucker Company
Buyer's Agent
Marc Woods
RE/MAX Professionals
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%
Original Mortgage
$365,750
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $551,000 Security Title Services
Warranty Deed $430,000 Security Title Services
Deed $385,000 --
Warranty Deed $385,000 John Bethell Title Company Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $408,500 New Conventional
Previous Owner $365,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2025 02/07/25 Sold $899,000 -2.8% $293 / Sq Ft
01/18/2025 01/18/25 Pending -- -- --
12/19/2024 12/19/24 Price Changed $925,000 -1.6% $302 / Sq Ft
12/02/2024 12/02/24 Price Changed $940,000 -1.1% $307 / Sq Ft
10/29/2024 10/29/24 For Sale $950,000 +239.3% $310 / Sq Ft
02/13/2018 02/13/18 Sold $280,000 -27.3% $107 / Sq Ft
01/03/2018 01/03/18 Sold $385,000 0.0% $157 / Sq Ft
01/03/2018 01/03/18 Sold $385,000 +28.8% $173 / Sq Ft
01/03/2018 01/03/18 For Sale $299,000 -25.1% $114 / Sq Ft
12/09/2017 12/09/17 Price Changed $399,000 +900.0% $179 / Sq Ft
12/08/2017 12/08/17 For Sale $39,900 -90.0% $18 / Sq Ft
11/30/2017 11/30/17 Pending -- -- --
11/17/2017 11/17/17 For Sale $399,000 -- $163 / 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 $4,035 $560,200 $73,600 $486,600
2023 $3,537 $482,400 $64,000 $418,400
2022 $3,287 $447,200 $64,000 $383,200
2021 $2,791 $375,300 $64,000 $311,300
2020 $2,312 $320,600 $64,000 $256,600
2019 $2,345 $323,700 $64,000 $259,700
2018 $2,387 $326,300 $64,000 $262,300
2017 $1,453 $211,800 $64,000 $147,800
2016 $1,410 $209,600 $64,000 $145,600
2014 $2,667 $211,900 $69,400 $142,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201752044

Indiana Regional MLS

APN: 53-07-27-100-002.000-014