NOT LISTED FOR SALE

11213 Schlatter Rd Spencerville, IN 46788

Estimated Value: $545,605 - $662,000

5 Beds
2.5 Baths
2,800 Sq Ft
$209/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $258,000 $92 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,341/month

123 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Cedarville Elementary School Rated A-
  • 4.67 Acre Lot
  • Traditional Architecture

About This Home

As of July 2015

THE CHARMS OF COUNTRY LIVING Expansive 4+ acre estate with LARGE, 2-story home in Leo schools. Watch the golden sunrise from your EAT-IN country kitchen! The cozy, BRICK fireplace is the focal point of the rear family room. Master suite is conveniently located on the MAIN LEVEL and incorporates a large walk-in closet, vanity, and separate shower space. A second bedroom/DEN space with BUILT-IN cabinets also located on the main level - PERFECT for guests or those who need a HOME OFFICE. A unique, timber-lined vaulted ceiling leads up to the loft that overlooks the formal living room. The second level offers three additional bedrooms and a recently REMODELED FULL BATH with double sink vanity! Partially finished area off one bedroom would be great for toys, exercise equipment, or even a FUTURE 6th BEDROOM. Functional walk-in attic - STORAGE GALORE! 60x40 OUTBUILDING boasts 3 horse stalls, hay loft, room for storage, PLUS a heated and cooled FINISHED OFFICE SPACE with private entry. Horse enthusiasts will love the lighted OUTDOOR RIDING ARENA and generous pasture areas lined by maintenance-free, white VINYL FENCING. Enjoy the pond view while relaxing and sipping lemonade this summer on your new front porch! Pond is STOCKED for fishing and also great for SWIMMING. From the covered rear patio enjoy blissful, uninterrupted rural views and breathe in the fresh country air. Several FRUIT TREES and ample opportunities for GARDENING! Newer windows and roof. The sooner you act, the sooner your new life begins.

Last Agent to Sell the Property

Ashley Holley

CENTURY 21 Bradley Realty, Inc Listed on: 03/13/2015

Last Buyer's Agent

Ashley Holley

CENTURY 21 Bradley Realty, Inc Listed on: 03/13/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,584

Year Built

  • Built in 1980

Lot Details

  • 4.67 Acre Lot
  • Lot Dimensions are 300x674
  • Waterfront
  • Rural Setting
  • Vinyl Fence
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property
  • Built-in Bookshelves
  • Woodwork
  • Ceiling Fan
  • 1 Fireplace
  • Washer Hookup

Kitchen

  • Eat-In Kitchen
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite

Attic

  • Storage In Attic
  • Pull Down Stairs to Attic

Outdoor Features

  • Lake, Pond or Stream
  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-400-006.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,584

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1980
  • Age: 35
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 5
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: E 643 of S 678.5 of SE 1/4 Ex W 343 Sec 10
  • Parcel Number ID: 02-03-10-400-006.000-042
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Pull Down Stairs, Attic Storage, Built-In Bookcase, Ceiling Fan(s), Deck Covered, Disposal, Eat-In Kitchen, Natural Woodwork, Porch Covered, Main Level Bedroom Suite, Washer Hook-Up
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Section Number: 10
  • Sp Lp Percent: 97.4
  • Special Features: None

Interior Features

  • Total Sq Ft: 2800
  • Total Finished Sq Ft: 2800
  • Above Grade Finished Sq Ft: 2800
  • Basement Foundation: Slab
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm
  • Living Great Room: Dimensions: 12x14, On Level: Main
  • Kitchen: Dimensions: 13x19, On Level: Main
  • Family Room: Dimensions: 16x23, On Level: Main
  • Bedroom 1: Dimensions: 15x16, On Level: Main
  • Bedroom 2: Dimensions: 12x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Bedroom 4: Dimensions: 14x16, On Level: Upper
  • Bedroom 5: Dimensions: 9x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Aluminum
  • Outbuilding1: Outbuilding, Dimensions: 40x60
  • Fence: Vinyl

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 300x674
  • Estimated Lot Sq Ft: 204732
  • Estimated Lot Size Acres: 4.67

Tax Info

  • Annual Taxes: 1584.04
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 27, 2015
Sold by
Farris Christopher D and Farris Beth S
Bought by
Webster Peggy
Seller's Agent
Ashley Holley
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ashley Holley
CENTURY 21 Bradley Realty, Inc
List Price
$284,900
Sold Price
$258,000
Premium/Discount to List
-$26,900
-9.44%
Current Estimated Value
$585,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,535
Avg. Annual Appreciation
7.13%
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
Webster Peggy -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $258,000 -9.4% $92 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $284,900 -- $102 / 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 $2,838 $376,600 $90,500 $286,100
2022 $2,834 $328,300 $79,600 $248,700
2021 $2,612 $285,600 $79,200 $206,400
2020 $2,571 $275,700 $79,200 $196,500
2019 $2,164 $258,800 $79,700 $179,100
2018 $1,998 $234,300 $58,600 $175,700
2017 $1,966 $221,500 $59,000 $162,500
2016 $1,796 $206,400 $59,200 $147,200
2014 $1,624 $196,600 $59,400 $137,200
2013 -- $189,000 $58,900 $130,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201509601

Indiana Regional MLS

APN: 02-03-10-400-006.000-042