NOT LISTED FOR SALE

1242 River Rd Spencer, IN 47460

Estimated Value: $163,000 - $188,000

2 Beds
1 Bath
1,032 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 07, 2015

Last sale price $17,500 $17 Per Sq Ft

Est. 898% increase in value since last sale

Current estimated payment $1,067/month

20 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of January 2015

River setting, 2 bedroom 1 bath ranch home just outside of Spencer. Home has wood and tile flooring, front deck to enjoy the quiet surroundings and scenic view of the river. Good road with easy access to town. Also close to McCormicks Creek state park.

Last Buyer's Agent

David Dwinell

Dzierba Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Vinyl Construction Material

Interior Spaces

  • Partially Finished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-28-100-160.000-027

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

1 Acres

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN NE S28 T10 R3; .50A and NE S28 T10 R3; .50A
  • Parcel Number ID: 60-10-28-100-160.000-027
  • Platted: Yes
  • Parcel Id2: 60-10-28-100-170.000-027
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1448
  • Total Finished Sq Ft: 1032
  • Above Grade Finished Sq Ft: 1032
  • Below Grade Sq Ft: 416
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 12x12, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 10x14, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Main Level Sq Ft: 1032
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 416

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 12x24

Utilities

  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Lot Info

  • Lot Description: 0-2.9999
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2014
Closed on
Jan 7, 2015
Sold by
Fannie Mae
Bought by
Taylor Robert E
Buyer's Agent
David Dwinell
Dzierba Real Estate Services
List Price
$29,900
Sold Price
$17,500
Premium/Discount to List
-$12,400
-41.47%
Current Estimated Value
$174,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,231
Avg. Annual Appreciation
22.74%

Purchase Details

Closed on
Oct 29, 2013
Sold by
Fifth Third Mortgage Company
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 22, 2013
Sold by
Richardson Chester H
Bought by
Federal National Mortgage Association ("Fanni
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Taylor Robert E -- Servicelink Llc
Federal National Mortgage Association -- --
Federal National Mortgage Association ("Fanni $96,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/07/2015 01/07/15 Sold $17,500 -41.5% $17 / Sq Ft
12/09/2014 12/09/14 Pending -- -- --
11/19/2014 11/19/14 For Sale $29,900 -- $29 / Sq Ft
Source: Indiana Regional MLS

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
2025 $1,595 $134,000 $22,500 $111,500
2024 $1,595 $111,500 $18,800 $92,700
2023 $1,596 $104,400 $18,800 $85,600
2022 $1,545 $94,500 $18,800 $75,700
2021 $1,544 $84,100 $18,800 $65,300
2020 $1,493 $83,500 $18,800 $64,700
2019 $1,466 $77,400 $15,000 $62,400
2018 $1,363 $71,100 $12,000 $59,100
2017 $1,263 $67,100 $12,000 $55,100
2016 $1,238 $67,300 $12,000 $55,300
2014 $1,172 $62,100 $12,000 $50,100
2013 -- $53,600 $12,000 $41,600
Source: Public Records

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Map

Source: Indiana Regional MLS

MLS Number: 201450609

Indiana Regional MLS

APN: 60-10-28-100-160.000-027

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