NOT LISTED FOR SALE

11616 Schlatter Rd Spencerville, IN 46788

Estimated Value: $564,000 - $678,188

3 Beds
4 Baths
3,260 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 28, 2019

Last sale price $330,000 $101 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,582/month

38 Days on Market

Highlights

  • 5.8 Acre Lot
  • 2 Car Attached Garage
  • Level Lot
  • Cedarville Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

Contingent- Accepting Back Up Offers. What's on your wish list? Beautiful 2 story home on a full finished BASEMENT, 6 ACRES, a POND, and a POLE BARN? This home will deliver! Perfect home for entertaining and raising a family. Finished pole barn is complete with heat, water and finished loft. Country feel with the luxury just a few minutes from town, schools and shopping. Owner has maintained this property very well---Newer roof on barn and home, Septic just pumped, and newer flooring on main and lower level. Seller is offering a $3000 carpet allowance for the upper level.

Last Agent to Sell the Property

Candy Carlin

CENTURY 21 Bradley Realty, Inc Listed on: 08/24/2019

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Ken Vaughn

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1995

Lot Details

  • 5.8 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-14-100-003.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,800

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1995
  • Age: 24
  • Style: Two Story
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 2
  • Legal Description: 5.79 AC TR S of Schlatter Rd. & N of SR 1 NW 1/2
  • Parcel Number ID: 02-03-14-100-003.000-042
  • Platted: Yes
  • Location: Rural
  • Sp Lp Percent: 94.29
  • County Zoning: Unknown
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3260
  • Total Finished Sq Ft: 3260
  • Above Grade Finished Sq Ft: 2259
  • Below Grade Finished Sq Ft: 1001
  • Price Per Sq Ft: 146.08
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 27x13, On Level: Main
  • Kitchen: Dimensions: 19x14, On Level: Main
  • Breakfast Room: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 14x12, On Level: Main
  • Recreation Room: Dimensions: 26x12, On Level: Lower
  • Extra Room: Dimensions: 13x12, On Level: Lower
  • Bedroom 1: Dimensions: 16x13, On Level: Upper
  • Bedroom 2: Dimensions: 15x12, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1001

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x35

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x23
  • Garage Sq Ft: 621
  • Garage: Yes

Utilities

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

Schools

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

Lot Info

  • Lot Description: Level
  • Estimated Lot Sq Ft: 252648
  • Estimated Lot Size Acres: 5.8

Tax Info

  • Annual Taxes: 2800
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Nov 19, 2019
Sold by
Faye Rice Jr Gordon
Bought by
Mcdorman Arron M and Wickings Ellen M
Seller's Agent
Candy Carlin
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%
Current Estimated Value
$605,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,047
Avg. Annual Appreciation
10.74%
Original Mortgage
$264,000
Outstanding Balance
$235,455
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$368,794

Purchase Details

Listed on
Aug 24, 2019
Closed on
Oct 28, 2019
Sold by
Rice Gordon Faye and Rice Gordon F
Bought by
Mcdorman Aaron M and Wickings Ellen M
Seller's Agent
Candy Carlin
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$235,455
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$368,794

Purchase Details

Listed on
Aug 24, 2019
Closed on
Oct 8, 2019
Sold by
Rice Dawn E
Bought by
Rice Gordon Faye
Seller's Agent
Candy Carlin
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Ken Vaughn
RE/MAX Results
List Price
$360,000
Sold Price
$330,000
Premium/Discount to List
-$30,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$235,455
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$368,794

Purchase Details

Closed on
Nov 13, 2015
Sold by
Rice Dawn E
Bought by
Rice Gordon F
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
Mcdorman Arron M $351,120 Metropolitan Title
Rice Gordon Faye -- Metropolitan Title
Mcdorman Aaron M -- Metropolitan Title Of In Llc
Rice Gordon Faye -- None Available
Rice Gordon F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdorman Arron M $264,000
Closed Mcdorman Aaron M $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2019 10/28/19 Sold $330,000 -5.7% $101 / Sq Ft
09/04/2019 09/04/19 Price Changed $350,000 -2.8% $107 / Sq Ft
08/24/2019 08/24/19 For Sale $360,000 -- $110 / 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 $4,492 $514,500 $114,600 $399,900
2023 $4,492 $486,400 $98,600 $387,800
2022 $3,717 $408,700 $98,200 $310,500
2021 $3,291 $338,000 $98,200 $239,800
2020 $3,326 $333,400 $98,200 $235,200
2019 $2,937 $327,200 $98,200 $229,000
2018 $2,688 $295,700 $69,800 $225,900
2017 $2,743 $288,200 $69,800 $218,400
2016 $2,706 $284,200 $69,800 $214,400
2014 $2,550 $271,000 $69,800 $201,200
2013 $2,735 $276,700 $78,700 $198,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Candy Carlin

    CENTURY 21 Bradley Realty, Inc

    Section Image
  • Ken Vaughn

    Buyer's Agent in 2019

    Ken Vaughn

    RE/MAX

    (260) 413-9416

    3 in this area

    47 Total Sales

    Ken Vaughn
    Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201937113

Indiana Regional MLS

APN: 02-03-14-100-003.000-042

Indiana Allen County Spencerville 46788

11616 Schlatter Rd, Spencerville, IN

This home is located at 11616 Schlatter Rd, Spencerville, IN 46788 since 24 August 2019 and is currently estimated at $605,047, approximately $185 per square foot. This property was built in 1995. 11616 Schlatter Rd is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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