$111,500
SOLD AUG 31, 2017

1465 Riddle Rd Spencer, IN 47460

3 Beds
2 Baths
2,552 Sq Ft
1.21 Acres

Recently Sold

$44 Per Sq Ft

30% Below List Price

121 Days on Market

Highlights

  • Primary Bedroom Suite
  • Backs to Open Ground
  • Covered Patio or Porch
  • Open Floorplan
  • Wood Flooring
  • 4 Car Attached Garage

About This Home

As of August 2017

If you need space, don't pass up this great opportunity to own this very spacious pole framed steel home. Upper level provides a large 18 x 12 eat-in kitchen that is open to a 20x18 family room. Upper level also has two bedrooms and a full bath. The main level hosts an enormous 21 x 23 living room, along with another bedroom, laundry, bathroom and office space. The attached garage is approx. 1024 square feet with room for 4 cars, or a large workshop. Windows are double pane. Home has a welcome mat at the front door and is ready for new owners! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Ronita Walcott

Evergreen Real Estate & Auctions Listed on: 02/03/2017

Last Buyer's Agent

Brad Holmes

Valley Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,455

Year Built

  • Built in 2003

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 228 x 230
  • Backs to Open Ground
  • Rural Setting
  • Level Lot

Parking

  • 4 Car Attached Garage
  • Dirt Driveway

Home Design

  • Converted Dwelling
  • Slab Foundation
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Ceiling height of 9 feet or more
  • Double Pane Windows
  • Laundry on main level

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathtub with Shower
  • Separate Shower

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Powered By Leased Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-04-400-400.010-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,455

Year Built

Built in 2003

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2003
  • Age: 14
  • Style: Two Story
  • Architectural Style: Converted House
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E 1/2 SE S4 T10 R3 1.21A
  • Parcel Number ID: 60-10-04-400-400.010-027
  • Platted: Yes
  • Amenities: Ceiling-9+, Closet(s) Walk-in, Open Floor Plan, Patio Covered, Porch Covered, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Highway 231
  • Location: Rural
  • Sp Lp Percent: 89.99
  • Special Features: None

Interior Features

  • Total Sq Ft: 2552
  • Total Finished Sq Ft: 2552
  • Above Grade Finished Sq Ft: 2552
  • Basement Foundation: Slab
  • Flooring: Hardwood Floors, Carpet, Tile
  • Living Great Room: Dimensions: 23x21, On Level: Main
  • Kitchen: Dimensions: 18x12, On Level: Upper
  • Family Room: Dimensions: 20x18, On Level: Upper
  • Den: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 13x12, On Level: Main
  • Bedroom 2: Dimensions: 15x11, On Level: Upper
  • Bedroom 3: Dimensions: 12x12, On Level: Upper
  • Main Level Sq Ft: 1600
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Metal
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Dirt
  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 32x32
  • Garage Sq Ft: 1024

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 15xMain, On Level: 8
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: 228 x 230
  • Estimated Lot Sq Ft: 52708
  • Estimated Lot Size Acres: 1.21

Green Features

  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1454.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2017
Closed on
Aug 31, 2017
Sold by
Fannie Mae
Bought by
Seehaver Stanley
Seller's Agent
Ronita Walcott
Evergreen Real Estate & Auctions
Buyer's Agent
Brad Holmes
Valley Properties
List Price
$158,500
Sold Price
$111,500
Premium/Discount to List
-$47,000
-29.65%
Current Estimated Value
$342,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,286
Avg. Annual Appreciation
15.04%
Original Mortgage
$89,200
Outstanding Balance
$74,726
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$268,351

Purchase Details

Closed on
Jan 10, 2017
Sold by
Hobbs Leonard Ii Sam

Purchase Details

Listed on
Sep 4, 2012
Closed on
Apr 17, 2013
Sold by
Evans Arthur Warren
Bought by
Durre Joseph
Seller's Agent
Alice French
Alice French Real Estate
Buyer's Agent
Alice French
Alice French Real Estate
List Price
$89,000
Sold Price
$76,000
Premium/Discount to List
-$13,000
-14.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%
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 Type Sale Price Title Company
Special Warranty Deed $111,500 First Title & Escrow Inc
Deed $118,800 --
Sheriffs Deed $118,800 Feiwell & Hannoy, P.C.
Deed $76,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $89,200 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $111,500 -29.7% $44 / Sq Ft
06/04/2017 06/04/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $158,500 +108.6% $62 / Sq Ft
04/17/2013 04/17/13 Sold $76,000 -14.6% $144 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $89,000 -- $169 / 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 $1,851 $253,800 $27,100 $226,700
2023 $1,751 $237,500 $27,100 $210,400
2022 $1,836 $216,600 $27,100 $189,500
2021 $1,763 $191,600 $27,100 $164,500
2020 $1,606 $182,000 $27,100 $154,900
2019 $1,579 $172,800 $20,800 $152,000
2018 $1,443 $160,600 $16,400 $144,200
2017 $1,217 $148,900 $16,400 $132,500
2016 $1,209 $150,500 $16,400 $134,100
2014 $1,452 $167,800 $16,400 $151,400
2013 -- $99,900 $16,400 $83,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201704643

Indiana Regional MLS

APN: 60-10-04-400-400.010-027