Country roads lead straight to your dream homestead. Tucked away on 7.4 acres of pristine privacy with zero visible neighbors, this beautifully updated 1,722 sq. ft. home backs up to the Martin State Forest. Step inside this 3-bedroom, 2-bath home to find a bright, modern interior completely renovated within the past year. Vaulted ceilings make the spacious living room feel incredibly open, while fresh neutral paint and updated lighting tie the space together. The heart of the home features a beautiful oak kitchen complete with a full suite of LG appliances. Even the 2-car garage has been elevated with a sleek epoxy floor. Outside, your private playground awaits. Relax on the expansive 12x54 covered deck, take a dip in the 18x48 above-ground pool, or gather around the fire pit under the stars. For toys and tools, the property boasts a 30x32 pole barn, a concrete RV pad with 50-amp hookups, and a gorgeous, historic 1930s red barn ready for animals, storage, or restoration. This isn't just a house; it’s a rare opportunity to live a peaceful, self-sustained country lifestyle surrounded by nature.
Active
Price cut: $20K (8/3)
$395,000
9763 Red School Rd, Shoals, IN 47581
3beds
1,722sqft
Single Family Residence
Built in 1998
7.46 Acres Lot
$381,000 Zestimate®
$--/sqft
$-- HOA
What's special
Bright modern interiorVaulted ceilingsUpdated lightingBeautiful oak kitchenFresh neutral paint
- 50 days
- 356
- 20
Zillow last checked:
Listing updated:
Listed by:
Patti Sanders Cell:812-709-0848,
Key Associates Realty Group
Source: IRMLS,MLS#: 202627599
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Bedroom 1
- Level: Main
Bedroom 2
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Exhaust Fan, Electric Oven, Electric Range, Electric Water Heater, Water Softener Owned
- Laundry: Main Level
Features
- Vaulted Ceiling(s), Main Level Bedroom Suite
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 1,722
- Total interior livable area: 1,722 sqft
- Finished area above ground: 1,722
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage Door Opener, Gravel
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck Covered, Covered
Lot
- Size: 7.46 Acres
- Features: Level, Few Trees, 6-9.999, Rural
Details
- Parcel number: 510616400014.000003
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Pool
- Subdivision: None
Location
- Region: Shoals
Financial & listing details
- Tax assessed value: $242,100
- Annual tax amount: $1,228
- Date on market: 7/10/2026
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
$381,000
$362,000 - $400,000
$1,504/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Price change | $395,000-4.8% |
Source:  IRMLS #202627599 Report a problem | ||
| 7/10/2026 | Price change | $415,000-21% |
Source: IRMLS #202627599 Report a problem | ||
| 6/5/2026 | Price change | $525,000+26.5%$305/sqft |
Source: Owner Report a problem | ||
| 5/31/2026 | Listed for sale | $415,000$241/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $887 +2.6% | $242,100 +9% |
| 2024 | $864 +13.3% | $222,200 +5.3% |
| 2023 | $763 +15.6% | $211,000 +4.4% |
| 2022 | $660 +1.6% | $202,100 +13.1% |
| 2021 | $650 -2.6% | $178,700 +3.4% |
| 2020 | $667 -20.1% | $172,900 +2.4% |
| 2019 | $835 -0.8% | $168,800 +8.7% |
| 2018 | $841 +0.8% | $155,300 +2.7% |
| 2017 | $835 | $151,200 +0.6% |
| 2016 | $835 +3.5% | $150,300 +4.3% |
| 2014 | $807 +4.6% | $144,100 -6.4% |
| 2013 | $771 -16.4% | $153,900 +3.9% |
| 2012 | $923 +2% | $148,100 +0.6% |
| 2011 | $905 -22.6% | $147,200 +3.7% |
| 2010 | $1,170 +5% | $142,000 +0.9% |
| 2009 | $1,113 | $140,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 47581
Nearby schools
Schools provided by the listing agent
- Elementary: Shoals Community
- Middle: Shoals Community
- High: Shoals
- District: Shoals Community School Corp.
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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