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3265 Foxridge Drive
Jasper, IN 47546
$725,000
Conventional
Property
Bedroom
5
Bathroom
5
Property Type
Conventional
Square ft
5596
Property Description
Nestled in the picturesque Grassland Hills Subdivision in Jasper, Indiana, this magnificent home offers a luxurious and spacious living experience. Boasting 5 bedrooms, 3 full baths, and 2 half baths, this residence sits on a generous .89-acre lot, providing ample space for outdoor activities and relaxation. Upon arriving, you'll be greeted by a stately covered front porch, setting the tone for the elegance that awaits within. The open staircase welcomes you into the heart of the home, where the living room seamlessly connects to the dining room, creating an inviting and cohesive living space. The open concept continues in the family room, complete with a gas log fireplace, a breakfast nook, and a gourmet kitchen adorned with tiled backsplash, granite countertops, and top-of-the-line JENN-Air appliances. The main level also features a master bedroom suite with a walk-in closet and private bath, as well as an additional bedroom conveniently located near a recently remodeled bathroom with a walk-in tiled shower. The convenience of main-level laundry adds to the practicality of the home. One of the highlights of this residence is the expansive Florida room, surrounded by two outdoor patios and an enticing inground pool. The enclosed pool equipment room and half bath are conveniently located next to the pool. This is the perfect setting for entertaining guests or enjoying tranquil moments in the comfort of your own home. Venture up the open staircase to discover three more bedrooms and a full bath with double vanities. Two walk-in attic spaces provide abundant storage options for all your belongings. The finished basement adds another dimension to this already impressive home, featuring a wet bar, a recreational area, a wood burning fireplace, and a convenient half bath. A separate utility/storage area with walk-up access to the outside adds functionality to the lower level. For added convenience, the 2-bay attached garage is strategically located next to the kitchen, simplifying the task of bringing in groceries. As if that wasn't enough, the property also includes a carriage home with a studio apartment. The two-bay garage in the carriage house provides extra enclosed parking, and a woodshop area behind the garage is a delightful bonus. Conveniently located close to schools, shopping, restaurants, and a walking path, this home in Grassland Hills Subdivision offers a harmonious blend of sophistication, comfort, and practicality for the discerning home.
Property Information
Lot Size
-- square ft
Property Type
Residential
Year Built
1982
MLS Number
202401375
Location
Address
3265 Foxridge Drive
City
Jasper
State
IN
Zip Code
47546
County
DUBOIS
Listing
Provider
Sell4Free Welsh Realty Corp., original listing
Name
Sell4Free Welsh Realty Corp.
Phone
(812) 634-6969
Office Name
SELL4FREE-WELSH REALTY CORPORATION
Office Phone
(812) 634-6969
Agent Name
Brenda Welsh

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.