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$450,000 ↓$200,000on 9/9/2024

3975 E State Road 56 Scottsburg, IN  47170

  • 4 Beds
  • 2 Baths
  • 2,704 sq. Ft

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Property Description for 3975 E State Road 56 Scottsburg, IN 47170

An exceptional opportunity to restore a neglected former local landmark. Significant work is needed to bring back this brick-built, 4-Bedroom Home, as the pictures illustrate. Original blueprints are available. Around the home are large, well-established Oak and Beech trees as well as a collection of daylilies. The circular gravel driveway and the brick patio area are currently invisible due to the accumulation of years of natural debris. Alternatively, the 40 acres can be developed. The property has a permit for a landing strip so you can avoid traffic and fly your plane in!! It’s all in the eye of the beholder!! The property is located in the golden triangle of opportunity – Indianapolis, Louisville, and Cincinnati!!! Please be very careful as you look around outside and inside the home!! Enter at your own risk. All liability is on you, not the owner.

Address:3975 E State Road 56 Scottsburg IN 47170
Status:Active
on site: 395 days
Price:$450,000
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:2,704
Year Built:1937
Lot Size:40.00
County: Scott
Township: Lexington
MLS #:2023011758
Property Type:Residential

Lot Dimensions:1742400
Road Surface:Paved
Lot Features:Secluded, Wooded
Zoning:Residential
Water Source:Connected, Public, Well
Directions:From Scottsburg go East on Highway 56 for 3 miles. Property is on the left next to Mailbox 3950. Access is through metal gates.
Upper Level Sq. Ft. :1,864
Total Sq. Ft. :2,704
Sq. Ft. Source:Assessor
Basement:Yes

Loan Price
$2,695
Price And Interest $2,347/month
Property Tax $160/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$160/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/09/24 $650,000 $450,000 -30.77%
05/12/24 $840,000 $650,000 -22.62%

RoomSizeLevel
FamilyRoom 22 x 32 First
Bedroom 16 x 22 First
Bedroom 18 x 18 First
FullBath 8 x 10 Second
Bedroom 20 x 20 Second
Bedroom 20 x 20 Second
DiningRoom 18 x 24 First
Kitchen 12 x 14 First

Semi-Annual Property Tax:$960
Mandatory HOA Fee:$

Zip Code:47170

Total Sq. Ft.:2,704
Porch / Patio:Deck
Exterior Features:Deck
Exterior Type:Brick
Fireplace(s):WoodBurning
Cool:None
Heat:None
Total Rooms:8
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Christopher Wakeman with Bridge Realtors

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.





Scottsburg Market Report

67
Avg. DOM
$131.11
Avg. $ / Sq.Ft.
$ 254,900
Med. List Price

The house prices in Scottsburg are not dropping at the moment. There has been a increase in price of $106,750.00. 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 Scottsburg are going Up. The average house price is $199,900.00 and the average price per square feet is $134.96 per square feet. At the moment, the amount of homes listed is exactly 17 houses, with 7 with active status, 4 with pending status and 6 sold in Scottsburg .

The most popular place to buy a home in Scottsburg is 7204 - Scott - Vienna. 7204 - Scott - Vienna 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 Scottsburg .

The average amount of property taxes you would have to pay for a home in Scottsburg is $1,448.00. 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 Scottsburg are staying listed for an average of 66 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 Scottsburg was 2818 minutes ago.

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

The cost of the most expensive home in Scottsburg is $367,650.00. 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 Scottsburg is $167,900.00 . 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 Scottsburg in year 1935 and the newest built house is in year 2022.

The average size of properties in Scottsburg is 1867.29 sq.ft. , the biggest one being 3053 sq.ft. and the smaller being 988 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.