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(SOLD) $175,000

7926 State Road 550 Shoals, IN  47581

  • 3 Beds
  • 2 Baths
  • 1,404 sq. Ft

Property Description for 7926 State Road 550 Shoals, IN 47581

Welcome home to this charming 3-bedroom, 2-bathroom home built in the 1940s. This cozy residence has been completely transformed by the current owners and tucked away on 2.50 acres just outside of Shoals. But the appeal doesn't stop there – the property has a pond for fishing, a 10x17 cabin (w/heat/air), 2 large pole barns: 24x40 w/ 2 oversized doors, 24x30 w/ 3 oversized doors that can store large vehicles, boats, tractors or machinery, there is also a 12x24 outbuilding/garage and a RV/carport. This property is a perfect blend of comfort, seclusion, and beautiful views, offering a great future home for the next owner. Easy commute to West Boggs Lake, French Lick Casino/Resort, and Crane.

Address:7926 State Road 550 Shoals IN 47581
Status:Sold
Sold On: 1/23/2024
Price:$199,900
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,404
Year Built:1941
Lot Size:2.50
County: Martin County
Township: Halbert
School System : Shoals Community
MLS #:202344241
Property Type:Site-Built Home

Lot Dimensions:2.50
Lot Description:Rolling,0-2.9999
Directions:37 South, Right onto 50 West. Left onto 150. Go 2.3 miles and turn right onto Lacy Rd. Turn right onto 550 . Property is located on the left.
Total Sq. Ft. :1,404
Garage:Detached
Basement:No

Loan Price
$1,010
Price And Interest $913/month
Property Tax $24/month
MTG INS $0/month
HOME INS $73/month
Price
$175,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$24/month
Home Owner Insurance
$876 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 12 x 10 Main
2nd Bedroom 10 x 12 Main
3rd Bedroom 30 x 16 Upper
Kitchen 11 x 16 Info Not Available
Living Room 17 x 11 Main

Semi-Annual Property Tax:$143
Tax Year:2022
Mandatory HOA Fee:$

City:Shoals
Subdivision: None
Zip Code:47581

School System:Shoals Community
High School:Shoals
Middle School:Shoals Community
Elementary School:Shoals Community

Total Sq. Ft.:1,404
Appliances:Refrigerator, Dryer-Electric, Range-Electric, Water Heater Electric
Exterior Features:Metal
Fuel:Propane
Fireplace(s):None
Cool:Central Air
Heat:Propane
Total Rooms:6
Customer Service Evansville, REALTOR®/Broker, F. C. Tucker Company
Customer Service Evansville
Additional Phone (812) 402-0200
F.C. Tucker Company

Schools in 7926 State Road 550 Shoals, IN  47581


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Listing provided courtesy of Kathryn Blackwell with The Real Estate Co.

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.



Shoals Market Report

336
Avg. DOM
$198.92
Avg. $ / Sq.Ft.
$ 164,500
Med. List Price

The house prices in Shoals are not dropping at the moment. There has been a increase in price of $29,000.00. 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 Shoals are going Up. The average house price is $164,500.00 and the average price per square feet is $198.92 per square feet. At the moment, the amount of homes listed is exactly 21 houses, with 9 with active status, 1 with pending status and 11 sold in Shoals .

The most popular place to buy a home in Shoals 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 Shoals .

The average amount of property taxes you would have to pay for a home in Shoals is $953.28. 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 Shoals are staying listed for an average of 85 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 Shoals was 921 minutes ago.

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

The cost of the most expensive home in Shoals is $990,000.00. 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 Shoals is $150,000.00 . 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 Shoals in year 1940 and the newest built house is in year 2015.

The average size of properties in Shoals is 1679.67 sq.ft. , the biggest one being 2688 sq.ft. and the smaller being 1104 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.