NOT LISTED FOR SALE

1320 Red Cedar Ln Spencer, IN 47460

Estimated Value: $315,000 - $358,531

4 Beds
2.5 Baths
3,056 Sq Ft
$112/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $205,000 $67 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,006/month

60 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 2 Car Attached Garage

About This Home

As of May 2018

If you're looking for a home with 4 bedrooms, 2 1/2 baths, a full & finished walkout basement w/a wet bar, 2 car attached garage and an additional 62 x 24 detached garage with a 1/2 bath & 200 amp electric, plus a 24 x 24 lean to all on 4.5 acres...then look no further! This home features over 3000 sq. ft., a covered deck and patio, natural gas, beautifully maintained, spacious kitchen, formal dining room or den. You will find this home perfectly designed for large gatherings. The acreage provides beautiful views of pear & apple trees, deer, wild turkey, birds, lots of hummingbirds and a sense of peace & privacy even though this home is located in East Ridge Acres subdivision.

Last Buyer's Agent

Trent Keith

Keith Realty & Auction Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1995

Lot Details

  • 4.58 Acre Lot
  • Rural Setting
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Walk-Out Ranch
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction
  • 1 Bathroom in Basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 60-17-07-200-110.040-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,863

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1995
  • Age: 23
  • Style: One Story
  • Architectural Style: Ranch, Walkout Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Pt NW NW 7-9-3 (0.99 Ac. & 3.59 Ac.) East Ridge Acres Lots 3 & 4 |
  • Parcel Number ID: 60-17-07-200-110.040-016
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Dryer Hook Up Electric, Garage Door Opener, Washer Hook-Up
  • Cross Street: Pottersville Road
  • Location: Rural Subdivision
  • Sp Lp Percent: 93.61
  • Special Features: None

Interior Features

  • Total Sq Ft: 3056
  • Total Finished Sq Ft: 3056
  • Above Grade Finished Sq Ft: 1956
  • Below Grade Finished Sq Ft: 1100
  • Price Per Sq Ft: 104.81
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Living Great Room: Dimensions: 18x12, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Dining Room: Dimensions: 18x14, On Level: Main
  • Family Room: Dimensions: 52x18, On Level: Lower
  • Bedroom 1: Dimensions: 17x13, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Bedroom 4: Dimensions: 13x13, On Level: Main
  • Main Level Sq Ft: 1956
  • Number Below Grade Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Below Grade Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1100

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Shingle
  • Outbuilding1: 2nd Detached Garage, Dimensions: 62x24

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x20
  • Garage Sq Ft: 420
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Well Type: Unknown

Schools

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

Lot Info

  • Lot Description: Irregular, 3-5.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 199505
  • Estimated Lot Size Acres: 4.58

Tax Info

  • Annual Taxes: 1862.68
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Shipman Lachelle and Martin Travis J
Bought by
Martin Travis J and Martin Lachelle
Current Estimated Value
$335,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,500
Outstanding Balance
$315,536
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$12,162

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 8, 2018
Sold by
Downs Betty J and Downs Joseph F
Bought by
Martin Travis J and Shipman Lachelle
Buyer's Agent
Trent Keith
Keith Realty & Auction Group
List Price
$219,000
Sold Price
$205,000
Premium/Discount to List
-$14,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$164,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2009
Sold by
Stewart Scott B and Grayson Juanita D
Bought by
Downs Joseph F and Downs Betty J

Purchase Details

Closed on
Oct 15, 2009
Sold by
Grayson Juanita D
Bought by
Stewart Scott B and Grayson Juanita D

Purchase Details

Closed on
Oct 14, 2009
Sold by
Stewart Scott B
Bought by
Stewart Scott B and Grayson Juanita D
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
Martin Travis J -- None Listed On Document
Martin Travis J -- None Available
Downs Joseph F -- None Available
Stewart Scott B -- None Available
Stewart Scott B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Travis J $317,500
Previous Owner Martin Travis J $176,000
Previous Owner Martin Travis J $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $205,000 -6.4% $67 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $219,000 -- $72 / 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 $1,838 $255,900 $43,000 $212,900
2023 $1,741 $238,200 $43,000 $195,200
2022 $1,832 $223,500 $43,000 $180,500
2021 $1,597 $181,000 $43,000 $138,000
2020 $1,469 $171,400 $43,000 $128,400
2019 $1,269 $151,800 $28,400 $123,400
2018 $1,334 $159,600 $21,200 $138,400
2017 $1,367 $159,600 $21,200 $138,400
2016 $1,327 $155,700 $21,200 $134,500
2014 $1,336 $156,600 $21,200 $135,400
2013 -- $151,100 $21,200 $129,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201807601

Indiana Regional MLS

APN: 60-17-07-200-110.040-016