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$299,000 $15,000on 11/13/2024

114 Red Oak Lane Covington, IN  47932

  • 3 Beds
  • 2 Baths
  • 1,540 sq. Ft

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Property Description for 114 Red Oak Lane Covington, IN 47932

This gorgeous country setting is peaceful and sits on 2.32 acres surrounded by mature trees! This home is getting ready to start by Ratcliff Inc on a country lot just outside of Covington. It's 1540 sq feet new build home with a 2 car garage. It's a 3 bedroom 2 full bath home with an open concept! The home will feature vinyl plank flooring throughout and carpeting in the bedrooms. It will have a kitchen with a center island and granite or quartz countertops. The hall bath will be a tub / shower combination. The home features a split floor plan with the master bedroom on one side of the home with an En suite bathroom and walk in closet. The other side of the home are two bedrooms. The home will be completed around November 2024.

Address:114 Red Oak Lane Covington IN 47932
Status:Active
on site: 140 days
Price:$299,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,540
Year Built:2024
Lot Size:2.33
County: Fountain
Township: Troy
MLS #:21988793
Property Type:Single Family Residence

Lot Dimensions:2.325
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,540
Total Sq. Ft. :1,540

Loan Price
$1,685
Price And Interest $1,560/month
Property Tax $0/month
MTG INS $0/month
HOME INS $125/month
Price
$299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
11/13/24 $314,000 $299,000 -4.78%

RoomSizeLevel
Living Room 16x16 Main
Dining Room 12x10 Main
Kitchen 11x13 Main
Laundry 9x6 Main
Primary Bedroom 12x12 Main
Bedroom 2 11x12 Main
Bedroom 3 10x12 Main

Semi-Annual Property Tax:$000
Tax Year:2024
Mandatory HOA Fee:$

Area: 2305 - Fountain - Troy
Subdivision: Oak Ridge Development
Zip Code:47932

High School:Covington Community High School
Middle School:Covington Middle School
Elementary School:Covington Elementary School

Total Sq. Ft.:1,540
Interior Features:Center Island, Eat-in Kitchen, Pantry, Walk-in Closet(s), Windows Vinyl
Eating Area(s):Dining Combo/Family Room, Dining Combo/Kitchen
Appliances:Dishwasher, Electric Water Heater, Microwave, Gas Oven, Refrigerator
Exterior Features:Not Applicable
Exterior Type:Vinyl Siding, Vinyl With Stone
Fireplace(s):Family Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Electric Water Heater, Microwave, Gas Oven, Refrigerator
Total Rooms:7
Chad Hess, REALTOR®/Broker, F. C. Tucker Company
Chad Hess
Additional Phone (765) 362-4700
F.C. Tucker Company

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Listing provided courtesy of Lindsey Salts with Dream Home Realty Group, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/02/2024 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

184
Avg. DOM
$117.12
Avg. $ / Sq.Ft.
$ 261,950
Med. List Price

The house prices in Covington are indeed dropping at the moment. There has been a decrease in price of $5,050.00. 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 Down. The average house price is $266,950.00 and the average price per square feet is $118.40 per square feet. At the moment, the amount of homes listed is exactly 77 houses, with 22 with active status, 9 with pending status and 46 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 $1,779.55. 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 99 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 3563 minutes ago.

At the moment we have 1 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 $119,000.00 . 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 1890 and the newest built house is in year 2024.

The average size of properties in Covington is 2593.86 sq.ft. , the biggest one being 6769 sq.ft. and the smaller being 768 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.