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7427 Kensington Rd, Lanesville, IN, 47136

3beds
1baths
1,257sqft
$265,000
$211price/sqft
$1,721/moest. monthly cost
$68,840/yrincome needed

About This Home

Nestled on a secluded 0.80 acre lot in desirable Lanesville, this charming 3 bedroom ranch home offers the perfect blend of privacy, comfort, and modern updates. From the moment you arrive, you'll appreciate the peaceful setting, gently rolling yard, and beautiful countryside views that create a serene place to call home. Step inside to discover luxury vinyl plank flooring flowing throughout the main living areas, creating a warm and inviting atmosphere. Just off the living room, custom French doors lead to a versatile bedroom that would also make an ideal home office, den, or flex space to fit your lifestyle. The newly remodeled kitchen opens seamlessly to the dining area and family room, making it the perfect space for entertaining or everyday living. The updated laundry room adds convenience with included washer and dryer, built-in cabinetry for storage, and a countertop for folding. Enjoy outdoor living on the rear patio overlooking the expansive backyard - an ideal spot for morning coffee, evening sunsets, or hosting family and friends. This home has been thoughtfully updated with new metal siding, a recently upgraded crawl space, a roof and gutters that are only 3 years old, and an HVAC system that is just 4 years old, offering peace of mind for years to come. If you've been searching for a move-in ready home with modern updates, a private setting, and plenty of outdoor space, this Lanesville gem is one you won't want to miss. Schedule your private showing today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
7/10
10/10
Floyd Central High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1975

Materials

  • Foundation: Crawl Space
  • Roof: Shingle
  • Construction materials: Aluminum Siding

Type & Style

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

Interior

Basement

  • Basement: None

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Family Room

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,257

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,257
  • Total interior livable area: 1,257 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Other

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 220101500118.000001

Features

  • Stories: 1
  • Patio & porch: Porch
  • Fencing: Split Rail,Other

Lot

  • Lot size: 0.80 Acres
  • Lot size dimensions: 140 x 250

Parking

  • Parking features: None

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
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Lightning
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 $1,339$16,068
Home Insurance *$135$1,620
Property Taxes $63$756
Electricity $184$2,212
Total$1,721$20,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,005/yr
40% on housing$51,630/yr
45% on housing$45,893/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: 9.1%
9.1%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 47136$153
Floyd County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 47136$153
Floyd County$158

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
2026-08-12Price change$260,000
2026-07-23Listed for sale$265,000
2023-09-01Sold$218,000
2023-08-16Pending sale$217,000
2023-08-15Listed for sale$217,000
2020-08-07Sold$152,000
2020-07-02Listed for sale$147,500
2018-08-06Sold$125,000
2018-07-06Listed for sale$119,000
2016-10-03Sold$113,000
2016-08-11Pending sale$115,000
2016-07-13Listed for sale$115,000
2012-06-29Listing removed$105,000
2012-06-22Price change$105,000
2012-05-30Listed for sale$110,000

For Sale by Agent

AgentJay Pitts
BrokerageRE/MAX Premier Properties

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