See Home Value
Crawford
3485 N Patoka Downs Lane
$283,000 - $345,000
House - Off Market

3485 N Patoka Downs Lane

Taswell, IN 47175
bedrooms
5 Beds
bathrooms
2 Baths
square feet
1852 Sqft
Sold Sep 10, 2021
$182,500

About This Property

Very popular Turn Key AirBnB/Short Term Rental Property Near Patoka Lake. Located 1/2 mile from the Little Patoka Boat Ramp, this large 5 bedroom/2 bath home has generated over $75,000 in gross rental income in the past 17 months. Great investment opportunity comes FULLY Furnished with everything that you need to start generating income immediately. There is also a large very nice 40 x 80 pole barn on the property that has electric and could be perfect for boat storage close to the lake which could generate additional revenue for the property. Furnishings include new couches, recliners, appliances, beds, bedding, hot tub, grill, tv's, washer, dryer, silverware, plates, and much more to continue this short term rental property business. Possible Owner Financing Available With $75,000 down.

Set up your showing today. Please note, due to bookings we will need prior notice to set up a showing as we do not want to disturb any guests that we may have. All future bookings will transfer to new owner.  We also have 2 other short term rental properties that we are selling as well, can may sell as a package.  Owner is a licensed real estate agent in the state of Indiana.

The manager has listed the unit size as 1852 square feet.
Unit Size
1,852Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$170
Property Type
House
Property Taxes
$98
HOA Dues
-
Year Built
1992

Price History

Date / Event Date Event Price
Apr 11, 2024 No longer available -
No longer available
Feb 2, 2024 Price Decreased $314,900
↓ $14K (4.3%)
Price Decreased
Dec 18, 2023 Price Decreased $329,000
↓ $10K (3%)
Price Decreased
Nov 1, 2023 Listed $339,000
Listed
Sep 10, 2021 Sold to Michael W Spencer $182,500
Sold to Michael W Spencer
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 17,511
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.402
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT #20 FAIRVIEW DOWNS

Ownership

  • Current Owner : SPENCER MICHAEL W
  • Previous Owner : VAN L JULIAN BY RICHARD L JULIAN POA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Crawford County Community School Corporation
  • Census Tract: 952000

Geography

  • Assessors Map Reference: MP M06-01E R26
  • Account Number: RE-06-0814
  • District: 0006
  • Parcel: 13-01-36-332-001.000-009
  • Lot: 20
  • Municipality: PATOKA TOWNSHIP
  • Latitude: 38.3877
  • Longitude: -86.5839

    Address

  • Full Address: 3485 N Patoka Downs Ln
  • Address - House Number: 3485
  • Street Direction: N
  • Address - Street Name: Patoka Downs
  • Address - Suffix Type: Ln
  • State: IN
  • City Name: Taswell
  • Carrier Code: R003
  • 4-Digit Zip Code: 7528
  • Zip Code: 47175

Valuation

    Tax

  • Total Area: 1,852
  • Tax Year: 2022
  • Tax Amount: $1,174
  • Tax Rate Code Area: 9:PATOKA T

    Appraisal Valuation

  • Standard Deviation: 0.1405
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 83
  • Final Value: 309,659
  • High Value: 353,190
  • Low Value: 266,128

    Market Valuation

  • Market Total Value: $140,200
  • Market Land Value: $6,100
  • Market Improvement Value: $134,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,200
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $134,100

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11879829406
  • Current Sale Price: $182,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021-1000462



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Crawford


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Frequently Asked Questions

When was property at 3485 North Patoka Downs Lane built and last sold?
The property at 3485 North Patoka Downs Lane was built in 1992 and last sold on Aug 30, 2021 for $182,500.
How much is this home worth?
The estimated value of the home located at 3485 North Patoka Downs Lane is $332,290.
What are some comparable homes to 3485 North Patoka Downs Lane?
There are currently no comparable homes to 3485 North Patoka Downs Lane.

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