NOT LISTED FOR SALE

1053 W Thornridge Way Spencer, IN 47460

Estimated Value: $300,000 - $479,283

3 Beds
2.5 Baths
2,292 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $275,000 $120 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,433/month

3 Days on Market

Highlights

  • In Ground Pool
  • Partially Wooded Lot
  • Covered Patio or Porch
  • Lake, Pond or Stream
  • Solid Surface Countertops
  • Community Fire Pit

About This Home

As of April 2023

3 Bedroom, 2.5 Bath, 2292 sq. ft. 2 story home on 5.06 acres. Main level offers open concept in Living room with gas log fireplace, Foyer, the Dining area and the Kitchen which has 2 sinks, smooth top range, built in microwave, built in oven, island and bar all on hardwood flooring. Large laundry room and half bath also on main level plus 2 atrium doors out to the 8x30 covered back deck. Upstairs 2 of the 3 bedrooms have access to the 8x30 back covered balcony that looks out into the woods. 2 car attached garage, a 7x21 covered front porch plus a 10x12 storage building and property is approximately half open and half wooded.

Last Agent to Sell the Property

Chris Wesley

RE/MAX Select Associates, Inc. Listed on: 02/20/2023

RE/MAX Select Associates, Inc.

Last Buyer's Agent

Tara White

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 2005

Lot Details

  • 5.06 Acre Lot
  • Partially Wooded Lot
  • Zoning described as Residential-Residential

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Vanity
  • Separate Shower

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • In Ground Pool
  • Lake, Pond or Stream
  • Covered Patio or Porch

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-30-203-160.060-027

Community Details

Amenities

  • Community Fire Pit

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 18
  • Style: Two Story
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Ridge Hill Run lot 6 5.06A
  • Parcel Number ID: 60-10-30-203-160.060-027
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Solid Surf, Deck Open, Firepit, Garage Door Opener, Kitchen Island, Porch Covered, Twin Sink Vanity, Stand Up Shower
  • Sp Lp Percent: 144.74
  • Zoning Description: Residential-Residential
  • Year Taxes Payable: 2022
  • Special Features: 20
  • Stories: 2

Interior Features

  • Total Sq Ft: 2292
  • Total Finished Sq Ft: 2292
  • Above Grade Finished Sq Ft: 2292
  • Price Per Sq Ft: 119.98
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 21x18, On Level: Main
  • Kitchen: Dimensions: 16x16, On Level: Main
  • Dining Room: Dimensions: 13x10, On Level: Main
  • Bedroom 1: Dimensions: 13x15, On Level: Upper
  • Bedroom 2: Dimensions: 10x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x15, On Level: Upper
  • Main Level Sq Ft: 2292
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 10x12
  • Pool: Below Ground
  • Pool: Yes

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx9, On Level: 11
  • Water Type: Pond

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 220414
  • Estimated Lot Size Acres: 5.06

Tax Info

  • Annual Taxes: 3090.3
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2023
Closed on
Apr 11, 2023
Sold by
Secretary Of Veterans Affairs
Bought by
Cantrell Richard
Seller's Agent
Chris Wesley
RE/MAX Select Associates, Inc.
Buyer's Agent
Tara White
Century 21 Scheetz - Bloomington
List Price
$190,000
Sold Price
$275,000
Premium/Discount to List
$85,000
44.74%
Views
98
Current Estimated Value
$398,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,821
Avg. Annual Appreciation
18.59%
Original Mortgage
$220,000
Outstanding Balance
$214,391
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$198,965

Purchase Details

Closed on
Jan 18, 2023
Sold by
Money Source Inc
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Nov 8, 2022
Sold by
Owen County
Bought by
Money Source Inc

Purchase Details

Listed on
Mar 31, 2020
Closed on
Apr 29, 2020
Sold by
Danison Richard and Danison Michelle
Bought by
Pingley Daniel and Pingley Vita Foresta
Seller's Agent
Non-BLC Member
MIBOR REALTOR® Association
Buyer's Agent
Mark Branch
Highgarden Real Estate
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%
Original Mortgage
$290,000
Interest Rate
3.5%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2009
Sold by
Workman Herschel and Workman Donna J
Bought by
Danison Ii Richard and Danison Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,868
Interest Rate
5.49%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Cantrell Richard $275,000 None Listed On Document
Secretary Of Veterans Affairs -- Servicelink
Money Source Inc $210,125 --
Pingley Daniel $290,000 Mtc
Danison Ii Richard -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cantrell Richard $220,000
Previous Owner Pingley Daniel $290,000
Previous Owner Danison Ii Richard $196,128
Previous Owner Danison Ii Richard $195,868
Previous Owner Workman Herschel $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2023 04/14/23 Sold $275,000 +44.7% $120 / Sq Ft
02/23/2023 02/23/23 Pending -- -- --
02/20/2023 02/20/23 For Sale $190,000 -34.5% $83 / Sq Ft
05/01/2020 05/01/20 Sold $290,000 0.0% $127 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $290,000 -- $127 / 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 $3,169 $387,200 $50,300 $336,900
2023 $3,136 $363,500 $50,300 $313,200
2022 $3,164 $323,100 $44,200 $278,900
2021 $3,090 $286,100 $44,200 $241,900
2020 $2,545 $257,600 $44,200 $213,400
2019 $2,460 $240,000 $36,200 $203,800
2018 $2,152 $217,400 $24,100 $193,300
2017 $1,935 $202,600 $24,100 $178,500
2016 $1,955 $207,900 $24,100 $183,800
2014 $1,955 $203,900 $24,100 $179,800
2013 -- $192,100 $24,100 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202304882

Indiana Regional MLS

APN: 60-10-30-203-160.060-027