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0 Indian Summer Ln, Ferrum, VA 24088

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For Sale

$75,000

3.61 acres

Estimated Payment

$ 390 /mo.

6.63% APR for 30 yrs.
$68 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 3.6 acres
    Lot size

Explore this Property

Unique property located extremely close to Philpott Lake. Great views of the lake and private building site near deep water. Opportunity for private building site with very close proximity to Philpott Lake. Taxes and acreage based on county records. Buyer to install power, well, and septic. Access to spring on adjacent lot. Owner has active real estate license in North Carolina.
MLS# 908514

Courtesy Of Mountain to Lake Realty

(540) 483-5566

Property Features

  • Architecture Style
    Other
  • Lot Size
    3.61 Acres
  • View Type
    Mountain

Map and Directions

Directions to 0 Indian Summer Ln, Ferrum, VA 24088
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Home seller CENTURY 21 Wampler Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Wampler Realty

(540) 992-2500
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $384
  • Property Taxes
    $5
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $390

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Ferrum Elementary School

Grades PK-5 Public School


Ferrum, VA 24088 5.1 miles
660 ferrum rd

232 total students
14:1 Student teacher ratio

Benjamin Franklin Middle School

Grades 6-8 Public School


Rocky Mount, VA 24151 15.3 miles
225 middle school rd

1538 total students
12:1 Student teacher ratio

Franklin County High School

Grades 9-12 Public School


Rocky Mount, VA 24151 14.9 miles
700 tanyard rd

2016 total students
13:1 Student teacher ratio

Local area information for Ferrum, VA 24088

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Ferrum, VA 24088

This community’s employment is highest in the education and administrative support industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month

25° January
Coldest Average Month
1,914 Total Households in Area
29.1%
of households
have children
29 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Ferrum, VA 24088

Ferrum, VA 24088 has a population of 5,295 people in 1,914 households with a median age of 41.1 years old.

Up 2.7%
Increase in population
since the year 2010

Population is Trending up
1,841
Total households as of 2010
Up
3.4%

Community Population By Age

Community Population By Ethnicity

White 88%
Black 5%
Hispanic 4%
Other 1%
Asian 1%
Native American <1%

Economics
for Ferrum, VA 24088

45 /sq mi
Population Density
$47,530 /yr
Median Household Income
$272,500
Median Sales Price
29 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 83%
  • Work from Home 9%
  • Walk or Bike 8%
  • Public Transit 0%

Occupancy by Type

Owned 1,495 62%
Vacant 515 21%
Rented 418 17%

White vs Blue Collar Jobs







White Collar 70%
Blue Collar 30%

Family & Education Facts
for Ferrum, VA 24088

41.1 Median Age

Average Household Size

2.4
persons per
household

48.3%

Married Households

Community Population By Education

High School Graduate 35%
Some College 21%
Some High School 17%
Associates Degree 11%
Bachelors Degree 11%
Graduate Degree 5%

Household Family Expenses vs National Average

29.1% of households have children

Weather
for Ferrum, VA 24088

The weather for this area ranges from a high of 86° F in July to a low of 25° F in January

86° July
Hottest Average Month
25° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
25°
46°
Feb
27°
49°
Mar
34°
58°
Apr
43°
68°
May
51°
76°
Jun
59°
83°
Jul
64°
86°
Aug
63°
85°
Sep
56°
79°
Oct
44°
69°
Nov
35°
59°
Dec
28°
48°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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