For sale

$169,500

4965 Shady Rd, Cannelton, IN 47520

2beds

1,400sqft

Est.: Get pre-qualified

Single Family Residence

Built in 1978

2.27 Acres Lot

$177,200 Zestimate^®

$121/sqft

$-- HOA

What's special

Wood-burning fireplaceDetached two-car garageConvenient main-floor primary bedroomMetal roofUtility shedExpansive wrap-around porch

Tucked away in a serene setting just minutes from town, this charming rustic cabin on 2.27 acres offers a canvas for transformation, featuring 2 bedrooms, including a convenient main-floor primary bedroom, and 1 full bathroom ripe for renovation. The upstairs loft or second bedroom adds flexibility, while the wood-burning fireplace, partial unfinished walkout basement, metal roof, and expansive wrap-around porch highlight the property's best features. With a detached two-car garage and utility shed, this home's scenic retreat and potential for revitalization make it an ideal project for those looking to put their own stamp on a property - schedule a showing to unlock its full potential.

51 days

487

15

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Bonus Room, Den, Dining Room, First Floor Bathroom, First Floor Master Bedroom, Great Room, Kitchen, Laundry Room, Living Room, Master Bedroom, Private Guest Room

Kitchen

Features: Open

Basement

Area: 0

Heating

Forced Air

Cooling

Central, Wall/Window Unit(s)

Appliances

Included: Water Heater

Features

Flooring: Vinyl
Basement: Full,Unfinished,Walk-Out Access
Has fireplace: No
Fireplace features: Wood Burning Stove

Interior area

Total structure area: 0
Total interior livable area: 1,400 sqft
Finished area above ground: 0

Property

Parking

Total spaces: 2
Parking features: Driveway, Detached
Garage spaces: 2
Has uncovered spaces: Yes

Features

Stories: 2
Patio & porch: Open Porch, Deck
Has view: Yes
View description: Scenic, Wooded

Lot

Size: 2.27 Acres
Features: Trees

Details

Parcel number: 621815100093000006
Lease amount: $0
Special conditions: In Foreclosure

Construction

Type & style

Home type: SingleFamily
Architectural style: Cabin
Property subtype: Single Family Residence

Materials

Log Siding
Roof: Metal

Condition

New construction: No
Year built: 1978

Utilities & green energy

Electric: Amps(0)
Sewer: Private Septic
Water: Municipal

Community & HOA

HOA

Has HOA: No

Location

Region: Cannelton

Financial & listing details

Price per square foot: $121/sqft
Tax assessed value: $78,900
Annual tax amount: $391
Date on market: 4/8/2026
Date available: 04/08/2026

Estimated market value

$177,200

$168,000 - $186,000

$874/mo

Price history

Date	Event	Price
2/26/2026	Sold	$173,930+14.1%$124/sqft
Source: Public Record Report a problem
2/13/2024	Listing removed	--
Source: My State MLS #11202339 Report a problem
9/18/2023	Listing removed	$152,500$109/sqft
Source: My State MLS #11202339 Report a problem
8/28/2023	Listed for sale	$152,500+13%$109/sqft
Source: My State MLS #11202339 Report a problem
11/29/2022	Listing removed	--
Source: My State MLS Report a problem
10/18/2022	Contingent	$135,000$96/sqft
Source: My State MLS #11106641 Report a problem
9/18/2022	Listed for sale	$135,000$96/sqft
Source: My State MLS #11106641 Report a problem
9/13/2022	Contingent	$135,000$96/sqft
Source: My State MLS #11106641 Report a problem
9/11/2022	Listed for sale	$135,000$96/sqft
Source: My State MLS #11106641 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$391 +37.4%	$78,900 +1.8%
2023	$284 -16.9%	$77,500 +7.8%
2022	$342 +13.6%	$71,900 +26.4%
2021	$301 +16.6%	$56,900 +6.2%
2020	$258 -2.3%	$53,600 -5.8%
2019	$264 +4.2%	$56,900 +3.6%
2018	$254 +3.8%	$54,900 +2.2%
2017	$244	$53,700
2016	$244 -13.4%	$53,700 +4.1%
2014	$282 +16.4%	$51,600 -21.1%
2013	$242 -29.9%	$65,400 -2.7%
2012	$346 +26.7%	$67,200 +11.1%
2011	$273 +1.1%	$60,500
2010	$270 +1.5%	$60,500
2009	$266	$60,500

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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