Opportunity awaits with this value-add property ready for transformation. Priced to reflect condition, this home offers strong potential for investors seeking their next renovation, rental, or resale project. Situated on a desirable lot with solid footprint and layout, the property provides the chance to reimagine the space from the ground up. Ideal for cash buyers or renovation financing, this is a project suited for those looking to build equity through improvements. With the right vision and updates, this property could become a profitable flip or long-term investment. Sold as-is.
Active
$140,000
7427 N Red Hill Rd, Ellettsville, IN 47429
2beds
1,804sqft
Est.:
Single Family Residence
Built in 1899
1.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Desirable lot
- 9 days |
- 1,763 |
- 79 |
Zillow last checked: 7 hours ago
Listing updated: February 27, 2026 at 09:47pm
Listed by:
Monica Proenza cell:812-558-6941,
eXp Realty LLC
Source: IRMLS,MLS#: 202606351
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
- Area: 49
- Dimensions: 7 x 7
Kitchen
- Level: Main
- Area: 48
- Dimensions: 8 x 6
Living room
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Heating
- Electric
Cooling
- Central Air, Window Unit(s)
Appliances
- Included: Refrigerator, Electric Range
Features
- Basement: Partial,Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 2,704
- Total interior livable area: 1,804 sqft
- Finished area above ground: 1,804
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Basement
- Attached garage spaces: 1
Features
- Levels: Bi-Level
Lot
- Size: 1.5 Acres
- Features: Irregular Lot, Flood Plain, 0-2.9999
Details
- Parcel number: 530333100027.000001
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Septic Tank
- Water: City
Community & HOA
Community
- Subdivision: Richland Manor
Location
- Region: Ellettsville
Financial & listing details
- Tax assessed value: $145,900
- Annual tax amount: $994
- Date on market: 2/28/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
$1,478/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/28/2026 | Listed for sale | $140,000+69.9% |
Source:  IRMLS #202606351 Report a problem | ||
| 10/14/2016 | Sold | $82,400-2.9% |
Source: IRMLS #201637195 Report a problem | ||
| 9/6/2016 | Price change | $84,900-5.6%$47/sqft |
Source: Orion Real Estate LLC #201637195 Report a problem | ||
| 8/10/2016 | Listed for sale | $89,900$50/sqft |
Source: Orion Real Estate LLC #201637195 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $827 +23.1% | $145,900 +8.6% |
| 2023 | $671 +13.7% | $134,400 +17.6% |
| 2022 | $590 +10.9% | $114,300 +10% |
| 2021 | $532 +9.5% | $103,900 +5.8% |
| 2020 | $486 -6.8% | $98,200 +2.7% |
| 2019 | $522 -1.9% | $95,600 |
| 2018 | $532 -62.8% | $95,600 +6.6% |
| 2017 | $1,432 | $89,700 |
| 2016 | $1,432 -1.6% | $89,700 +2.2% |
| 2014 | $1,456 -13.7% | $87,800 -15.3% |
| 2013 | $1,687 +7.3% | $103,700 +1.6% |
| 2012 | $1,572 +2.7% | $102,100 +11.3% |
| 2011 | $1,530 +0.6% | $91,700 +5.9% |
| 2010 | $1,520 +42% | $86,600 +3.2% |
| 2009 | $1,070 | $83,900 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$741/mo
Principal & interest
$657
Property taxes
$84
Climate risks
Neighborhood: 47429
Nearby schools
GreatSchools rating
- 6/10Edgewood Intermediate SchoolGrades: 3-5Distance: 2.1 mi
- 6/10Edgewood Junior High SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Edgewood High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Edgewood
- Middle: Edgewood
- High: Edgewood
- District: Richland-Bean Blossom Community Schools
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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