NOT LISTED FOR SALE

1391 Red Cedar Ln Spencer, IN 47460

Estimated Value: $240,000 - $307,000

3 Beds
2 Baths
1,492 Sq Ft
$183/Sq Ft Est. Value

Last Sold January 05, 2016

Last sale price $49,000 $33 Per Sq Ft

Est. 465% increase in value since last sale

Current estimated payment $1,619/month

24 Days on Market

About This Home

As of January 2016

Property sold in its "AS-IS, WHERE-IS" condition. Seller does not prorate taxes. Buyer pays all closing costs including, but not limited to any and all transfer taxes, title, legal, and recording fees. 3 bed, 2 bath Spencer, IN home. This property is located in a very rural, private area, set on 1 acre of land. House will need some work before move in ready, including cosmetic updating. Attached 2 car garage. Covered front porch is a plus. Great potential here.

Last Agent to Sell the Property

Ken Gehris

Unreal Estate LLC Listed on: 10/20/2015

Last Buyer's Agent

Ken Gehris

Unreal Estate LLC Listed on: 10/20/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1996

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 264x191x253x149

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 60-17-07-200-110.100-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1996
  • Age: 19
  • Style: One Story
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NW NW S7 T9 R3 1A
  • Parcel Number ID: 60-17-07-200-110.100-016
  • Platted: Yes
  • Sp Lp Percent: 89.25
  • Special Features: None

Interior Features

  • Total Sq Ft: 1492
  • Total Finished Sq Ft: 1492
  • Above Grade Finished Sq Ft: 1492
  • Living Great Room: Dimensions: 23x13, On Level: Main
  • Kitchen: Dimensions: 12x10, On Level: Main
  • Den: Dimensions: 13x8, On Level: Main
  • Bedroom 1: Dimensions: 12x15, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Bedroom 3: Dimensions: 10x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Sewer: Unknown
  • Water Utilities: Unknown

Schools

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

Lot Info

  • Lot Description: 0-2.9999
  • Lot Dimensions: 264x191x253x149
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 826
  • Total Assessed Value: 119500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2019
Sold by
Hart Tessa A
Bought by
Browning Louis E
Current Estimated Value
$276,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,363
Outstanding Balance
$121,945
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$154,670

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 30, 2015
Sold by
Cr Properties 2015 Llc
Bought by
Terrell Mearline L and Terrell Paul A
Seller's Agent
Ken Gehris
Unreal Estate LLC
Buyer's Agent
Ken Gehris
Unreal Estate LLC
List Price
$54,900
Sold Price
$49,000
Premium/Discount to List
-$5,900
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.76%
Original Mortgage
$41,650
Interest Rate
3.92%

Purchase Details

Listed on
Dec 15, 2014
Closed on
Sep 29, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Cr Properties 2015 Llc
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$74,550
Sold Price
$20,100
Premium/Discount to List
-$54,450
-73.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2612.27%

Purchase Details

Closed on
Nov 25, 2014
Sold by
Lane Jason D
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jun 13, 2005
Sold by
Sfjv-2003-1 Llc
Bought by
Lane Jason D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,840
Interest Rate
5.86%

Purchase Details

Closed on
Mar 17, 2005
Sold by
Danneil Phillip W and Miller Charissa L
Bought by
Sfjv 2003 1 Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Browning Louis E -- None Available
Terrell Mearline L -- None Available
Cr Properties 2015 Llc -- First American Title Ins Co
Jpmorgan Chase Bank National Association $74,550 None Available
Lane Jason D $89,900 Rels Title-Ati
Sfjv 2003 1 Llc $112,819 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browning Louis E $136,363
Previous Owner Terrell Mearline L $41,650
Previous Owner Lane Jason D $93,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2016 01/05/16 Sold $49,000 -10.7% $33 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $54,900 +173.1% $37 / Sq Ft
09/29/2015 09/29/15 Sold $20,100 -73.0% $13 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
12/15/2014 12/15/14 For Sale $74,550 -- $50 / 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 $1,231 $194,500 $25,000 $169,500
2023 $1,143 $180,400 $25,000 $155,400
2022 $1,228 $172,300 $25,000 $147,300
2021 $939 $132,200 $25,000 $107,200
2020 $843 $124,800 $25,000 $99,800
2019 $756 $113,100 $18,000 $95,100
2018 $882 $118,700 $16,000 $102,700
2017 $826 $115,100 $16,000 $99,100
2016 $801 $112,600 $16,000 $96,600
2014 $826 $119,500 $16,000 $103,500
2013 -- $115,300 $16,000 $99,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Ken Gehris

    Unreal Estate LLC

  • B

    Buyer's Agent in 2015

    BLOOM NonMember

    NonMember BL

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201549299

Indiana Regional MLS

APN: 60-17-07-200-110.100-016

Indiana Owen County Spencer 47460

1391 Red Cedar Ln, Spencer, IN

This home is located at 1391 Red Cedar Ln, Spencer, IN 47460 since 20 October 2015 and is currently estimated at $272,531, approximately $182 per square foot. This property was built in 1996. 1391 Red Cedar Ln is a home located in Owen County with nearby schools including Owen Valley Community 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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