NOT LISTED FOR SALE

10 S East St Spencer, IN 47460

Estimated Value: $211,000 - $307,000

2 Beds
3 Baths
2,982 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $85,000 $29 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,716/month

244 Days on Market

Highlights

  • Primary Bedroom Suite
  • Corner Lot
  • 2 Car Attached Garage
  • Craftsman Architecture
  • Porch
  • 5-minute walk to McCormick's Creek State Park

About This Home

As of January 2017

This home has so much to offer. The home was formerly owner occupied with a rental unit on one side. There are two bedrooms on each side and separate utility hookups for all city utilities. It could be converted back into a huge single unit home with 4 bedrooms and 3 baths or used specifically as income producing property as a duplex. The appliances are all less than 3 years old, the furnace and water heaters are newer, It has new thermal pain windows throughout the home, an oversized attached two car garage and two storage buildings. The home sits on a big corner lot with plenty of off street parking. The home is centrally located with easy commute to all local businesses and the fairgrounds.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,198

Year Built

  • Built in 1900

Lot Details

  • 0.38 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Zoning described as Residential Homesites

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Stone Driveway

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,982 Sq Ft Home
  • 2-Story Property
  • Woodwork
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Crawl Space
  • Storm Doors
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows

Utilities

  • Central Air
  • High-Efficiency Furnace
  • Heating System Uses Gas

Additional Features

  • Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 60-10-21-300-400.285-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,198

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1900
  • Age: 116
  • Style: Two Story
  • Architectural Style: Craftsman
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT SW S21 T10 R3;.38A
  • Parcel Number ID: 60-10-21-300-400.285-028
  • Platted: Yes
  • Amenities: Ceiling-9+, Dryer Hook Up Electric, Foyer Entry, Garage Door Opener, Landscaped, Natural Woodwork, Porch Florida, Storm Doors, Main Level Bedroom Suite, Main Floor Laundry, Custom Cabinetry
  • Cross Street: Market
  • Improvmnts In Last5 Yrs: Yes
  • Inside City Limits: Yes
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Road Access: City
  • Road Surface: Asphalt
  • Section Number: 21
  • Sp Lp Percent: 85.09
  • Zoning Description: Residential Homesites
  • Special Features: None

Interior Features

  • Total Sq Ft: 2982
  • Total Finished Sq Ft: 2982
  • Above Grade Finished Sq Ft: 2982
  • Basement Foundation: Crawl
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 15x20, On Level: Main
  • Kitchen: Dimensions: 12x13, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Extra Room: Unit 2 Kitchen, Dimensions: 11x9, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 15x12, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Upper
  • Bedroom 4: Dimensions: 12x15, On Level: Upper
  • Other Room1: Unit 2 LR, Dimensions: 16x15
  • Other Room 2: Unit 2 Laundry Utility, Dimensions: 12x9, On Level: Main
  • Other Room 3: Unit 2 Sitting Room, Dimensions: 10x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Garden Shed, Dimensions: 12x9, 108
  • Outbuilding2: Shed, Dimensions: 14x16, 224

Garage/Parking

  • Driveway: Concrete, Stone
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 28x24
  • Garage Sq Ft: 672

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Public
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Cable Company: Comcast
  • Hvac: Ceiling Fan, High Efficiency Furnace
  • Laundry: Dimensions: 8xMain, On Level: 8

Condo/Co-op/Association

  • Common Amenities: Sidewalks

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley

Lot Info

  • Lot Description: Corner, Level, 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 16553
  • Estimated Lot Size Acres: 0.38
  • Zoning: R - 2 - Multiple-Family

Green Features

  • Energy Efficient: Appliances, Windows
  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 1198.04
  • Exemptions: Homestead, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Brinson Gary L and Brinson Sonia J
Bought by
Gary L Brinson and Gary Sonia J Brinson Rlt
Total Days on Market
244
Current Estimated Value
$276,016

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jan 6, 2017
Sold by
Lewis Lester E and Thacker Nancy M
Bought by
Brinson Gary L and Brinson Sonia J
List Price
$134,900
Sold Price
$85,000
Premium/Discount to List
-$49,900
-36.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.30%
Original Mortgage
$65,900
Outstanding Balance
$13,526
Interest Rate
4.03%
Mortgage Type
Commercial
Estimated Equity
$267,949
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gary L Brinson -- None Available
Brinson Gary L $85,000 John J. Fuhs, Attorney At Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brinson Gary L $65,900
Closed Brinson Gary L $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $85,000 -37.0% $29 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $134,900 -- $45 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,987 $198,700 $23,600 $175,100
2023 $1,890 $186,500 $23,600 $162,900
2022 $1,443 $146,700 $23,600 $123,100
2021 $1,501 $151,900 $23,600 $128,300
2020 $1,306 $132,300 $23,600 $108,700
2019 $1,192 $121,000 $23,600 $97,400
2018 $1,158 $115,400 $23,600 $91,800
2017 $1,158 $117,600 $23,600 $94,000
2016 $1,196 $117,900 $23,600 $94,300
2014 $1,116 $111,200 $23,600 $87,600
2013 -- $106,100 $23,600 $82,500
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201615066

Indiana Regional MLS

APN: 60-10-21-300-400.285-028