×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$469,000 ↓$10,000on 4/1/2024

1509 S State Road 257 Velpen, IN  47950

  • 3 Beds
  • 2 Baths
  • 2,880 sq. Ft

Video Chat

Schedule a Video Chat Tour

Property Description for 1509 S State Road 257 Velpen, IN 47950

Welcome to 1509 S State Road 257 in Velpen! This custom-built home, completed in 2020, sits on a sprawling 4.6-acre lot, offering a perfect blend of modern living and serene surroundings. As you step inside, you'll be captivated by the open floor plan that maximizes the breathtaking views and the thoughtful design that defines this residence. Radiant floor heating throughout the main floor ensures a cozy and inviting ambiance. The heart of the home is the well-appointed kitchen, featuring beautiful custom cabinetry, granite countertops, and an incredible walk-in pantry. The pantry, accessible from the attached garage, adds a unique touch of convenience to your daily routine. The dining, living, and kitchen areas seamlessly flow together, creating a harmonious living space. On the main level, you'll find a spacious master bedroom with an attached master bath, double doors opening to a covered patio, and another set of double doors from the dining area leading to the same outdoor space. A half bath and a conveniently located laundry area off the attached garage complete the main level. Heading upstairs, you'll discover two additional bedrooms, a full bath with a sizable storage closet, and a large commons/rec area overlooking the living room. This home is designed for practicality and comfort, with ample storage and an ideal layout. Step outside to be greeted by a 2020-built 24x32 pole barn, offering additional space for storage or hobbies. The property's 4.6 acres provide a picturesque setting, combining natural beauty and tranquility. Conveniently located, this home is just 11 miles from Jasper, 39 miles to Toyota (Princeton), and 15 miles to Petersburg. Don't miss the opportunity to make this stunning property your own - experience the perfect blend of luxury and countryside living!

Address:1509 S State Road 257 Velpen IN 47950
Status:Active
on site: 52 days
Price:$469,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,880
Year Built:2020
Lot Size:4.60
County: Pike County
Township: Marion
School System : Pike County
MLS #:202407119
Property Type:Site-Built Home

Lot Dimensions:113x660x334x363x370
Lot Description:Level
Directions:Head south on IN-257 S toward IN-56 W, property will be on the left.
Total Sq. Ft. :2,880
Garage:Attached
Basement:No

Loan Price
$2,920
Price And Interest $2,447/month
Property Tax $278/month
MTG INS $0/month
HOME INS $195/month
Price
$469,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$278/month
Home Owner Insurance
$2,340 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/01/24 $479,000 $469,000 -2.09%

RoomSizeLevel
Master Bedroom 16 x 14 Main
2nd Bedroom 14 x 14 Upper
3rd Bedroom 12 x 14 Upper

Semi-Annual Property Tax:$1,668
Tax Year:2024
Mandatory HOA Fee:$

City:Velpen
Subdivision: Marion Homesites
Zip Code:47950

School System:Pike County
High School:Pike Central
Middle School:Pike Central
Elementary School:Petersburg

Total Sq. Ft.:2,880
Appliances:Dishwasher, Microwave, Refrigerator
Exterior Features:Concrete, Masonry
Fuel:Forced Air
Cool:Central Air
Heat:Forced Air
Total Rooms:11
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Schools in 1509 S State Road 257 Velpen, IN  47950


Get more information

Listing provided courtesy of Kara Hinshaw with Key Associates Signature Realty

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Velpen Market Report

189
Avg. DOM
$118.64
Avg. $ / Sq.Ft.
$ 382,450
Med. List Price

The house prices in Velpen are indeed dropping at the moment. There has been a decrease in price of $0.00. 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 Velpen are going Down. The average house price is $365,000.00 and the average price per square feet is $119.42 per square feet. At the moment, the amount of homes listed is exactly 10 houses, with 5 with active status, 2 with pending status and 3 sold in Velpen .

The most popular place to buy a home in Velpen is . 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 Velpen .

The average amount of property taxes you would have to pay for a home in Velpen is $1,636.95. 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 Velpen are staying listed for an average of 78 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 Velpen was 43481 minutes ago.

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

The cost of the most expensive home in Velpen is $479,000.00. 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 Velpen is $249,900.00 . 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 Velpen in year 1960 and the newest built house is in year 2020.

The average size of properties in Velpen is 4998.4 sq.ft. , the biggest one being 13802 sq.ft. and the smaller being 2262 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.