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(SOLD) $150,000

12416 W US Highway 50 Highway Norman, IN  47264

  • 3 Beds
  • 1 Baths
  • 1,308 sq. Ft

Property Description for 12416 W US Highway 50 Highway Norman, IN 47264

ATTENTION INVESTORS AND DIY ENTHUSIASTS! Are you struggling to find a solid home with the potential for great equity in this market? If so, I've got just the home for you. This solid brick home sits over a full unfinished basement on 2.4 acres. Clean it up, paint some walls, hang some doors, lay some flooring, and boom! Instant equity. Paved circle driveway; metal carport; mature trees including pear, apple, persimmon, and walnut; unique landscaping; arched doorways; crown moldings; tiled kitchen backsplash and tub surround; new roof in 2020; newer appliances; front porch; back deck with a view; FIBER INTERNET AVAILABILITY and so much more! If this sounds good to you, do not wait! A home like this will not last long. More photos coming soon. Disclaimer: This home cannot be purchased with USDA, FHA, or VA financing. Cash or construction loan is preferred. Conventional financing may be an option.

Address:12416 W US Highway 50 Highway Norman IN 47264
Status:Sold
Sold On: 1/18/2022
Price:$155,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,308
Year Built:1982
Lot Size:2.40
County: Jackson County
Township: Owen
MLS #:202144561
Property Type:Site-Built Home

Lot Dimensions:2.4 acres
Lot Description:0-2.9999
Directions:From the intersection of US Highway 50 and State Road 446, head East (toward Brownstown) on Highway 50 and continue for 4.2 miles. Home is on the Left.
Total Sq. Ft. :1,308
Basement:Yes

Loan Price
$888
Price And Interest $782/month
Property Tax $43/month
MTG INS $0/month
HOME INS $63/month
Price
$150,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$43/month
Home Owner Insurance
$756 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 12 x 12 Main
2nd Bedroom 12 x 10 Main
3rd Bedroom 12 x 10 Main
Living Room 34 x 11 Main

Semi-Annual Property Tax:$259
Tax Year:2021
Mandatory HOA Fee:$

City:Norman
Subdivision: None
Zip Code:47264

High School:Brownstown Central
Middle School:Brownstown Central
Elementary School:Brownstown

Total Sq. Ft.:1,308
Appliances:Microwave, Refrigerator, Oven-Electric
Exterior Features:Brick
Fuel:Electric, Heat Pump
Cool:Central Air
Heat:Electric, Heat Pump
Total Rooms:6
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Nicole Johnson with RE/MAX Acclaimed Properties

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.





Norman Market Report

585
Avg. DOM
$80.26
Avg. $ / Sq.Ft.
$ 134,900
Med. List Price

The house prices in Norman 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.

There is no data available at this time for Norman.

The most popular place to buy a home in Norman is 3605 - Jackson - Owen. 3605 - Jackson - Owen 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 Norman .

The average amount of property taxes you would have to pay for a home in Norman is $1,026.68. 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 Norman are staying listed for an average of 118 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 Norman was 173313 minutes ago.

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

The cost of the most expensive home in Norman is $439,900.00. 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 Norman is $64,900.00 . 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 Norman in year 1954 and the newest built house is in year 2002.

The average size of properties in Norman is 2369.33 sq.ft. , the biggest one being 4100 sq.ft. and the smaller being 960 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.