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Sold for $485,000
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    • $485,000

    515 E Indiana Avenue, Southern Pines, NC 28387

    2beds
    1,474sqft
    Single Family Residence
    Built in 1946
    7,841 Square Feet Lot
    $496,400 Zestimate®
    $329/sqft
    $2,091 Estimated rent

    Home value

    $496,400

    $442,000 - $556,000

    $2,091/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,874/mo

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    $2,874/mo

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    What's special

    Escape to this delightful 2+ bedroom, 2-bath cottage, tucked away just minutes from the charming boutiques and restaurants of downtown Southern Pines. Originally built in 1948, this home has been carefully updated while preserving its timeless character. Step inside to discover a spacious kitchen, ideal for entertaining, featuring granite countertops, stainless steel appliances, and plenty of cabinet space. The open floor plan invites gatherings and cozy nights in, blending original details seamlessly with modern conveniences, giving you the best of both worlds. Looking for extra room? The unfinished basement offers ample storage opportunities. The detached garage/workshop provides even more versatility—perfect as a home gym, art studio, tool shed, or he/she shed. Outside, the fenced backyard includes a patio and firepit, creating the ideal setting for relaxing evenings under the stars or entertaining friends and family. This charming cottage is a true gem—don't miss your chance to see it! Currently operating successfully as a monthly VRBO/rental. Furnishings are negotiable or available for purchase along with the home, depending on the offer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Abraham Saldana Jr. 407-902-9561,

    Keller Williams Pinehurst

    Bought with:

    A Non Member

    A Non Member

    Source: Hive MLS,MLS#: 100499199MLS LogoOriginating MLS: Mid Carolina Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Dining Room
    Dining room
    • Level: Main
    • Dimensions: 12 x 13
    Living room
    • Level: Main
    • Dimensions: 17 x 17
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Refrigerator
    • Laundry: Laundry Room
    Features
    • Mud Room
    • Flooring: Slate, Tile, Wood
    Interior area
    • Total structure area: 1,474
    • Total interior livable area: 1,474 sqft

    Property

    Parking
    • Parking features: Gravel
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Fencing: Back Yard,Wood
    Lot
    • Size: 7,841 Square Feet
    • Dimensions: 39 x 37 x 25 x 20 x 17 x 10 x 3 x 4 x 19
    Details
    • Additional structures: Shed(s), Storage
    • Parcel number: 00041451
    • Zoning: RS-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Concrete, Stucco
    • Foundation: Crawl Space
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: Southern Pines
    HOA
    • Has HOA: No
    Location
    • Region: Southern Pines

    Financial & listing details

    • Price per square foot: $329/sqft
    • Tax assessed value: $337,700
    • Annual tax amount: $2,152
    • Date on market: 4/4/2025
    • Cumulative days on market: 40 days
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/18/2025Sold$485,000-2.9%$329/sqft
    Source: Hive MLS #100499199 Report a problem
    5/16/2025Contingent$499,500$339/sqft
    Source: Hive MLS #100499199 Report a problem
    4/4/2025Listed for sale$499,500+7.4%$339/sqft
    Source: Hive MLS #100499199 Report a problem
    11/6/2024Listing removed$2,950$2/sqft
    Source: Zillow Rentals Report a problem
    9/16/2024Listed for rent$2,950-26.3%$2/sqft
    Source: Zillow Rentals Report a problem
    6/5/2024Sold$465,000+3.4%$315/sqft
    Source: Hive MLS #100443714 Report a problem
    5/13/2024Pending sale$449,900$305/sqft
    Source: Hive MLS #100443714 Report a problem
    5/9/2024Listed for sale$449,900+55.9%$305/sqft
    Source: Hive MLS #100443714 Report a problem
    1/17/2019Sold$288,500-3.5%$196/sqft
    Source: MCR #191144 Report a problem
    12/5/2018Pending sale$299,000$203/sqft
    Source: Everything Pines Partners LLC #191144 Report a problem
    11/1/2018Price change$299,000-3.5%$203/sqft
    Source: Everything Pines Partners LLC #191144 Report a problem
    8/20/2018Price change$310,000-3.1%$210/sqft
    Source: Everything Pines Partners LLC #188510 Report a problem
    6/25/2018Price change$320,000-1.5%$217/sqft
    Source: Everything Pines Partners LLC #188510 Report a problem
    5/23/2018Listed for sale$325,000+43.2%$220/sqft
    Source: Everything Pines Partners LLC #188510 Report a problem
    6/28/2014Listing removed$4,000$3/sqft
    Source: iHOUSEWeb Solutions, Inc #158056 Report a problem
    4/18/2014Price change$4,000-20%$3/sqft
    Source: BHHS #158056 Report a problem
    2/26/2014Listed for rent$5,000$3/sqft
    Source: Prudential GOS RE/SP #158056 Report a problem
    7/2/2013Sold$227,000-0.8%$154/sqft
    Source: Public Record Report a problem
    4/27/2013Listed for sale$228,9000%$155/sqft
    Source: Coldwell Banker - Advantage #153522 Report a problem
    6/26/2010Listing removed$229,000$155/sqft
    Source: Kirby Real Estate Group, LLC #133995 Report a problem
    4/29/2010Price change$229,000-4.6%$155/sqft
    Source: Kirby Real Estate Group, LLC #133995 Report a problem
    12/18/2009Listed for sale$240,000+26.3%$163/sqft
    Source: NCI Report a problem
    4/4/2007Sold$190,000$129/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,153 -3%$337,700
    2023$2,220 +0%$337,700 +16.3%
    2022$2,220 -2.6%$290,390 +21%
    2021$2,280 $240,010
    2020$2,280 $240,010
    2019$2,280 $240,010 +2.4%
    2018$2,280 +11.1%$234,480
    2017$2,052 $234,480
    2015$2,052 +1.2%$234,480 +19.6%
    2014$2,028 +21%$196,000
    2013$1,676 $196,000
    2012-- $196,000
    2011-- $196,000
    2010-- $196,000
    2009-- $196,000
    2008-- $196,000
    2007-- $196,000 +17.3%
    2005-- $167,140
    2004-- $167,140
    2003-- $167,140
    2002-- $167,140
    Find assessor info on the county website

    Neighborhood: 28387

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Southern Pines Elementary
    • Middle: Crain's Creek Middle
    • High: Pinecrest High

    Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $496,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $496,400

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