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7331 State Road 42, Poland, IN, 47868

$49,900

Home List Price

$593*

Closing Credit

3 Bedrooms
2 Full Baths
1,896 SqFt
$26/SqFt
House

Location

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7331 State Road 42, Poland$49,900

Buyer Closing Credits

$593*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1967
HeatingForced Air, Wood Stove
CoolingCentral Air
FireplaceFamily Room
MLS #22012238
Lot Size8.00 Acres
StatusActive

About 7331 State Road 42

Nestled on 8 beautiful acres near the shores of Cataract Lake, this 3-bedroom, 2-bathroom home offers a unique opportunity for those with a vision. While the house requires significant renovation, its spacious layout and serene setting provide a solid foundation to create your dream retreat. The property features a fenced-in backyard with an animal shelter, making it ideal for pets or hobby farming. With plenty of room to explore, garden, or simply enjoy the peaceful surroundings, the expansive acreage is perfect for outdoor enthusiasts. Located just minutes from the lake, you'll have easy access to fishing, kayaking, and the beauty of nature. This property is a just waiting to be restored to its full potential-schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1967
  • Living Area: 1,896 SqFt

Listing Office:

  • Office Name: RE/MAX Cornerstone
  • Office Email: zach_m_nichols@hotmail.com
  • Listing Agent: Zachary Nichols

Interior Features

Interior Information:

  • Appliances: Electric Water Heater
  • Basement: No
  • Interior: Raised Ceiling(s)
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 8.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Wood Stove
  • Cooling: Central Air

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $49,900
  • Price Per SqFt: $26/SqFt

Tax Information:

  • Annual Amount: $1,432
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Poland, IN.

Med. Sold Price

$306.1K

Med. Price/SqFt

$118

Avg. Days On Market

101

# of Sold Homes

1

7331 State Road 42 vs Poland

1 DAY ON ROCKET

-100 Days

$49,900

-$256.2K Less

$26/SqFt

-$93 Less

KEY TAKEAWAY

This property is $256.2K less than the Median Sold Price and $93/SqFt less than other homes in Poland, IN.

Based on homes sold in October 2024

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22012238

Listing Office:

  • Office Name: RE/MAX Cornerstone
  • Office Email: zach_m_nichols@hotmail.com
  • Listing Agent: Zachary Nichols

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/20/2024, 10:46:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,432$133,600
2019$851$117,100
2017$759$90,700

History based on county public records data.

Payment Calculator

$317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$216

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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-170321
6
/10
  • Cloverdale Elementary School

  • 311 E Logan St

  • 7.36 miles

  • Public District Grades PK-4

school-card-donut-170322
8
/10
  • Jackson Township Elementary School

  • 1860 E County Road 600 N

  • 9.31 miles

  • Public District Grades KG-5

school-card-donut-170323
6
/10
  • Central Elementary School

  • 1888 E US Highway 40

  • 10.01 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,618. Most Poland, IN residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7331 State Road 42

What is the listing price of this property?

The listing price of 7331 State Road 42 property is $49,900.

What type of property is this?

The property 7331 State Road 42 is a house located in Poland, Indiana, 47868.

Is this property for sale now?

Active Listing: 7331 State Road 42 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 2020 is $1,432 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7331 State Road 42 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7331 State Road 42 is 1,896 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7331 State Road 42 is 1967.

Rocket HomesIndianaOwen CountyPoland478687331 State Road 42

This home is located at 7331 State Road 42 in Poland, IN and zip code 47868. This 1,896 square foot home, which was built in 1967, sits on a 8.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 20, 2024 and is currently priced at $49,900.

In October 2024 more than 1 listings in Poland, IN were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 0 were sold below. Between September 2024 and October 2024, Poland, IN real estate market has seen decrease in the number of listings by 30%. In October 2024, listings were on the market for 101 days. During the same period, the median list price in this real estate market was $306,100.

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

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