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1 Water St, Patriot, IN, 47038

1beds
1baths
500sqft
$169,900
$340price/sqft
$1,276/moest. monthly cost
$51,040/yrincome needed

About This Home

River life at its finest!!! This property is one of the largest and best laying lots in the area with a gentle slope to the river front. Property comes with a large shelter house that includes a bathroom, a kitchen, and a large eating and entertaining area. The large covered patio is the place to grill with Kentucky hills and river views for days. Next to the shelter lays one full hookup camper spot and one with water and electric. at the rivers edge you will find a large aluminum boat dock! Bring your campers and boats, bring your friends and family. Memories will be made.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

6/10
4/10

Construction

Condition

  • Year built: 2021

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator,Electric Water Heater

Bedroom2

  • Area: 0

Bedroom3

  • Area: 0

Bedroom4

  • Area: 0

Bedroom5

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 0

Family Room

  • Area: 0

Features

  • Window features: Storm Window(s)
  • Fireplace features: Gas,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 500
  • Total interior livable area: 500 sqft

Kitchen

  • Area: 0

Living Room

  • Area: 0

Master Bedroom

  • Level: First
  • Area: 144

Office

  • Area: 0

Property

Details

  • Parcel number: 781105334004000006

Features

  • Levels: One
  • Stories: 1
  • Exterior features: Dock,Fire Pit
  • Has view: Yes
  • View description: River
  • Has water view: Yes
  • Water view: River
  • Frontage length: 0.00

Lot

  • Lot size: 0.74 Acres
  • Features: Flood Plain
  • Lot size dimensions: 150X215

Parking

  • Parking features: None,Driveway,Gravel
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Inland Flooding
Lightning
Cold Wave
Ice Storm
Landslide
Winter Weather

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $859$10,308
Home Insurance *$170$2,040
Property Taxes $63$756
Electricity $184$2,212
Total$1,276$15,312
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,748/yr
40% on housing$38,280/yr
45% on housing$34,026/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$340This listing

vs Other Active Listings

Avg $/sqft

ZIP 47038$142
Switzerland County$121

vs Homes Sold Last Month

Median $/sqft

ZIP 47038
Switzerland County$117

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-12Listed for sale$169,900
2025-08-19Listing removed$145,000
2025-06-30Price change$145,000
2025-04-24Price change$154,900
2025-03-28Listed for sale$165,000

For Sale by Agent

AgentBradley Baldwin
BrokerageRider Realty LLC

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