3 months on rocket

240 Indian Springs Rd, Hot Springs, AR, 71901

$882,500

Home List Price

$10,000*

Closing Credit

0 Baths
8,562 SqFt
$103/SqFt
Condo

Location

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240 Indian Springs Rd, Lake Hamilton Township$882,500

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Pads
Year Built1976
MLS #24030645
Lot Size2.66 Acres
StatusActive

About 240 Indian Springs Rd

This quaint, 6-unit apartment complex is a rare find in Lakeside School District. Bordered by mature trees and tucked away on 2.6 acres at the end of a quiet road, tenants will love the seclusion this complex offers. The large tract of acreage allows for future development/expansion and abundant options. Inside, each unit is a 2 -bedroom, 2 1/2-bathroom home, over 1200 square feet each, with sliding glass doors to a private patio area. The kitchen area is open and airy, with stainless appliances (One has white appliances), a breakfast bar, and walk-in pantry. The master bedroom & guest bedroom are upstairs, both with roomy closets, a master bath with 2 sinks, Jacuzzi tub, and a separate shower. Roofs replaced May 2015, H/VAC are various ages.

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1976
  • Stories: 2
  • Living Area: 8,562 SqFt

Listing Office:

  • Office Name: White Stone Real Estate
  • Listing Agent: Amber White

Interior Features

Interior Information:

  • Flooring Type: Other (see remarks)

Exterior Features

Parking Information:

  • Parking: Parking Pads

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 2.66 Acres

Other

Directions Information:

  • Directions: South on Central, Left on Grand, veer right on Malvern, go past bypass, Left through Lakeside Baptist Church parking lot, Right on Indian Springs to the very end.

Price Information

Listing Price Info

Price Summary:

  • List Price: $882,500
  • Price Per SqFt: $103/SqFt

Tax Information:

  • Annual Amount: $3,343
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Hamilton Township, AR.

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Lake Hamilton Township, AR

City

Med. Sold Price

$462K

Med. Price/SqFt

$187

# of Sold Homes

14

240 Indian Springs Rd vs Lake Hamilton Township

117 DAYS ON ROCKET

$882,500

+$420.5K More

$103/SqFt

-$85 Less

KEY TAKEAWAY

This property is $420.5K more than the Median Sold Price and $85/SqFt less than other homes in Lake Hamilton Township, AR.

Based on homes sold in November 2024

MLS Details

MLS Information:

  • MLS Number: #24030645

Listing Office:

  • Office Name: White Stone Real Estate
  • Listing Agent: Amber White

IDXThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than this broker, are marked with the Broker Reciprocity℠ logo and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2024 Cooperative Arkansas Realtors MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 26, 2013Home Sold
$150,000
May 02, 2013Home Sold
$23,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,343$73,790
2020$3,436$73,790
2019$3,436$73,790
2018$2,360$73,790

History based on county public records data.

Payment Calculator

$4,472

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,712

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4477527
7
/10

  • Lakeside Intermediate School

  • 2855 Malvern Ave

  • 1.64 miles

  • Public District Grades 2-4

school-card-donut-4477528
4
/10

  • Cutter-Morning Star Elementary School

  • 2801 Spring St

  • 2.84 miles

  • Public District Grades PK-6

school-card-donut-4477529
4
/10

  • Langston Elementary Leadership Academy

  • 120 Chestnut St

  • 4.89 miles

  • Public Magnet Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. The most common annual income of people living in Lake Hamilton Township, AR is between $35k-100k. Typical family type is married, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 240 Indian Springs Rd

What is the listing price of this property?

The listing price of 240 Indian Springs Rd property is $882,500.

What type of property is this?

The property 240 Indian Springs Rd is a condo located in Hot Springs, Arkansas, 71901.

Is this property for sale now?

Active Listing: 240 Indian Springs Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,343 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 26, 2013 for $150,000. (source: MLS/tax record).

What is the square footage of this property?

The property 240 Indian Springs Rd is 8,562 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 240 Indian Springs Rd is 1976.

Rocket Homes›Arkansas›Garland County›Lake Hamilton Township›71901›240 Indian Springs Rd

This home is located at 240 Indian Springs Rd in Hot Springs, AR and zip code 71901. This 8,562 square foot home, which was built in 1976, sits on a 2.66 acre lot. It has been listed on Rocket Homes since August 22, 2024 and is currently priced at $882,500.

Lake Hamilton Township, AR housing market in November 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 8 sold below. The number of listings in Lake Hamilton Township, AR decreased by 2% between October 2024 and November 2024.

From Rocket Homes Real Estate and based on county public records data.

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