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(SOLD) $580,000

1016 Peach Lane Covington, IN  47932

  • 5 Beds
  • 4 Baths
  • 3,600 sq. Ft

Property Description for 1016 Peach Lane Covington, IN 47932

Priced below recent appraisal! This stunning 5 bedroom 3.5 bath home, walkout basement, newly fenced large back yard is waiting for your family! Entertain in the Chef's kitchen with 8 burner gas range, double oven, custom range hood, pot filler, under counter microwave, waterfall edged quartz countertops, gorgeous backsplash, custom cabinetry with lighting, beverage counter & beautiful pantry. 2 sided fireplace in main floor living room and screened porch plus one in the basement family room. Main floor features 3 bedroom 2 1/2 baths. Basement features 2 bedrooms, 1 full bath, theatre (prewired for surround sound), bonus & panic rooms. New screened porch just outside basement. 2 car attached garage plus a utility garage in the rear. Stamped concrete fire pit. Ecobee thermostat. Near walk trail & park.

Address:1016 Peach Lane Covington IN 47932
Status:Sold
Sold On: 4/1/2024
Price:$599,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:3,600
Year Built:2022
Lot Size:0.88
County: Fountain
Township: Troy
MLS #:21943328
Property Type:Single Family Residence
Buyer Broker Compensation: 3%
Any compensation may only be paid to a licensed real estate broker.

Lot Dimensions:38333
Lot Features:Access, Cul-De-Sac, Sidewalks
Water Source:Municipal/City
Directions:Use GPS
Main Level Sq. Ft. :1,800
Total Sq. Ft. :3,600
Basement:Yes

Loan Price
$3,612
Price And Interest $3,026/month
Property Tax $344/month
MTG INS $0/month
HOME INS $242/month
Price
$580,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$344/month
Home Owner Insurance
$2,904 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Primary Bedroom 15X18 Main
Living Room 18X28 Main
Kitchen 16X21 Main
Bedroom 2 10X12 Main
Bedroom 3 10X12 Main
6X9 Main
Family Room 18X24 Basement
Home Theatre 12X23 Basement
Bedroom 4 11X16 Basement
Bedroom 5 15X16 Basement
Bonus Room 11X12 Basement

Semi-Annual Property Tax:$2,062
Tax Year:2022
Financial Disclosures:Relocation Controlled
Other Disclosures:Relocation, REO Relocation
Mandatory HOA Fee:$

Area: 2305 - Fountain - Troy
Subdivision: No Subdivision
Zip Code:47932

Total Sq. Ft.:3,600
Interior Features:Attic Pull Down Stairs, Bath Sinks Double Main, Raised Ceiling(s), Tray Ceiling(s), Hardwood Floors, Hi-Speed Internet Availbl, Eat-in Kitchen, Pantry, Programmable Thermostat, Walk-in Closet(s)
Interior Area(s):Bath Jack-n-Jill
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Kitchen Exhaust, Microwave, Double Oven, Gas Oven, Refrigerator, Bar Fridge
Exterior Features:Outdoor Fire Pit
Exterior Type:Stone, Other
Fireplace(s):Two Sided, Basement
Cool:Central Electric
Heat:Electric
Water Heater:Dishwasher, Kitchen Exhaust, Microwave, Double Oven, Gas Oven, Refrigerator, Bar Fridge
Total Rooms:12
Michelle Skillern, REALTOR®/Broker, F. C. Tucker Company
Michelle Skillern
Phone (765) 719-0877
Additional Phone (765) 653-8702
F.C. Tucker Company

Schools in 1016 Peach Lane Covington, IN  47932


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Listing provided courtesy of Michelle Skillern with F.C. Tucker Advantage, REALTOR from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/12/2023 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



Covington Market Report

157
Avg. DOM
$135.63
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Covington are not dropping at the moment. There has been a increase in price of $127,500.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Covington are going Up. The average house price is $274,900.00 and the average price per square feet is $135.63 per square feet. At the moment, the amount of homes listed is exactly 65 houses, with 17 with active status, 9 with pending status and 39 sold in Covington .

The most popular place to buy a home in Covington is 2305 - Fountain - Troy. 2305 - Fountain - Troy is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Covington .

The average amount of property taxes you would have to pay for a home in Covington is $1,633.37. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Covington are staying listed for an average of 89 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Covington was 1827 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Covington is $615,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Covington is $139,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Covington in year 1844 and the newest built house is in year 2024.

The average size of properties in Covington is 2394.71 sq.ft. , the biggest one being 6769 sq.ft. and the smaller being 972 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.