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8160 Timber Lane NE #404, New Salisbury, IN, 47161

2beds
2baths
1,240sqft
$232,500
$188price/sqft
$1,602/moest. monthly cost
$64,080/yrincome needed

About This Home

Welcome to the Kepley Meadows PATIO HOME section of the Kepley Fields neighborhood where CONVENIENCE and EASY LIVING are at your fingertips! A Steve Thieneman Builders development bringing you QUALITY CONSTRUCTION and ALL REQUIRED CLOSING COSTS PAID WITH BUILDER'S PREFERRED LENDERs (excluding prepaids and owner's title policy). These patio homes are an open concept, 2 bedroom, 2 bath home offering all the amenities you desire!! Hosting a SPACIOUS GREAT ROOM that opens to the Dining Area and Kitchen which includes pantry and plenty of cabinets, stainless dishwasher, range & microwave. The Main Bedroom suite includes PRIVATE BATH and WALK-IN CLOSET. Monthly HOA fee includes lawn and landscaping maintenance and roof reserves fund. Only 6.5 miles from all of the shopping and restaurants in Corydon, the Kepley Fields neighborhood is conveniently located at the corner of IN-64 and IN-135 providing ease of access to Corydon and I-64. Find yourself enjoying the quaint peacefulness of country living with the conveniences of being so close to town! Buyer or buyer's agent should verify school district, taxes, exemptions, restrictions & measurements/sqft.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

8/10
Morgan Elementary SchoolGrades PK-54.2 mi
10/10
7/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Frame,Stone,Vinyl Siding

Other

  • Builder name: Steve Thieneman Builders

Type & Style

  • Home type: SingleFamily
  • Architectural style: Patio Home,One Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Oven,Range
  • Laundry features: Main Level,Laundry Room

Bedroom

  • Level: First
  • Dimensions: 13 x 11

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Dimensions: 12 x 11

Features

  • Ceiling Fan(s),Bath in Primary Bedroom,Main Level Primary,Open Floorplan,Pantry,Cable TV
  • Window features: Screens,Thermal Windows
  • Finished area below ground: 0
  • Finished area above ground: 1,240

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,240
  • Total interior livable area: 1,240 sqft

Kitchen

  • Level: First
  • Dimensions: 12 x 11

Living Room

  • Level: First
  • Dimensions: 13 x 22

Master Bedroom

  • Level: First
  • Dimensions: 13 x 12

Other

  • Level: First

Other

  • Level: First

Property

Details

  • Parcel number: 310620483004000011
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Exterior features: Landscaping,Patio

Lot

  • Lot size: 0.29 Acres
  • Features: Corner Lot

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

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

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 $1,175$14,100
Home Insurance *$135$1,620
Property Taxes $108$1,296
Electricity $184$2,212
Total$1,602$19,224
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$54,925/yr
40% on housing$48,060/yr
45% on housing$42,720/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: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.6%
-0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$188This listing

vs Other Active Listings

Avg $/sqft

ZIP 47161$155
Harrison County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 47161$172
Harrison County$149

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
2025-09-04Listed for sale$232,500
2025-08-04Listing removed$232,500
2025-06-24Listed for sale$232,500

New Construction Spec

AgentEric Watkins
BrokerageWatkins Real Estate Solutions

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