NOT LISTED FOR SALE

1480 Johnson Rd Spencer, IN 47460

Estimated Value: $392,000 - $624,000

4 Beds
3 Baths
3,397 Sq Ft
$152/Sq Ft Est. Value

Last Sold July 28, 2015

Last sale price $300,000 $88 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $3,179/month

46 Days on Market

Highlights

  • RV Parking in Community
  • 40.75 Acre Lot
  • Heavily Wooded Lot
  • Primary Bedroom Suite
  • Open Floorplan
  • Ranch Style House

About This Home

As of July 2015

Lovely brick home over full basement on 40 acres located in eastern Owen County. French country comes to mind when touring this home from the vibrant pastel colors to the beautiful pale hickory flooring and the charm in the details.3 bedrooms, 3 full baths, fantastic office space, open living concept, newer kitchen with nice kitchen cabinetry, corian countertops and stainless steel appliances. Back deck off of the dining area certainly extends the entertaining space as well as take in the wooded view. Oversized 2 car attached garage, large pole building that will accommodate 30' RV, atv/boat, outbuilding with fencing for livestock and super walking/riding paths through the woods to enjoy all of natures beauty. Great location with 20 minutes to Bloomington, just minutes to Spencer and around the corner from McCormick's Creek State Park.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 1980

Lot Details

  • 40.75 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Wire Fence
  • Level Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • Open Floorplan

Kitchen

  • Eat-In Kitchen
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity

Partially Finished Basement

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

Farming

  • Pasture

Utilities

  • Central Air
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-09-104-190.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1980
  • Age: 35
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: NE SE S9 T9 R3 40 ACRES, IN SE NE S9 T9 R3 .75 ACRE
  • Parcel Number ID: 60-17-09-104-190.000-016
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Deck Open, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Open Floor Plan, Twin Sink Vanity, RV Parking, Main Level Bedroom Suite
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 96.81
  • Special Features: None

Interior Features

  • Total Sq Ft: 4062
  • Total Finished Sq Ft: 3397
  • Above Grade Finished Sq Ft: 2770
  • Below Grade Finished Sq Ft: 627
  • Below Grade Sq Ft: 665
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 12x24, On Level: Main
  • Kitchen: Dimensions: 12x24, On Level: Main
  • Family Room: Dimensions: 20x24, On Level: Lower
  • Bedroom 1: Dimensions: 17x24, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Main
  • Bedroom 3: Dimensions: 10x14, On Level: Main
  • Bedroom 4: Dimensions: 9x11, On Level: Main
  • Main Level Sq Ft: 2143
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1292

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None
  • Fence: Woven Wire

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x24
  • Garage Sq Ft: 720

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Wood, Propane Tank Rented
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Cable Company: Dish Network
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Level, Pasture
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1775070
  • Estimated Lot Size Acres: 40.75

Tax Info

  • Annual Taxes: 1810.74
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 28, 2015
Sold by
Hyman Charles J and Hyman Kristine
Bought by
Cornett Timothy
List Price
$309,900
Sold Price
$300,000
Premium/Discount to List
-$9,900
-3.19%
Current Estimated Value
$544,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,895
Avg. Annual Appreciation
5.02%
Original Mortgage
$285,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Drescher Terry L and Drescher Deborah L
Bought by
Hyman Charles J and Hyman Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Cornett Timothy -- None Available
Hyman Charles J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornett Timothy $311,000
Closed Cornett Timothy $310,490
Closed Cornett Timothy $285,000
Previous Owner Hyman Charles J $279,500
Previous Owner Hyman Charles J $282,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2015 07/28/15 Sold $300,000 -3.2% $88 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $309,900 -- $91 / 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 $2,520 $338,900 $38,900 $300,000
2023 $2,478 $313,200 $36,600 $276,600
2022 $2,623 $293,200 $34,200 $259,000
2021 $2,294 $235,600 $32,900 $202,700
2020 $2,191 $228,700 $32,800 $195,900
2019 $2,135 $214,100 $26,900 $187,200
2018 $2,308 $232,500 $25,200 $207,300
2017 $1,844 $195,300 $26,600 $168,700
2016 $1,818 $191,500 $27,200 $164,300
2014 $1,811 $191,200 $27,700 $163,500
2013 -- $182,000 $26,100 $155,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201520834

Indiana Regional MLS

APN: 60-17-09-104-190.000-016