NOT LISTED FOR SALE

1502 State Highway 43 Spencer, IN 47460

Estimated Value: $160,000 - $218,000

2 Beds
1 Bath
2,012 Sq Ft
$92/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $105,000 $52 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,034/month

27 Days on Market

Highlights

  • Storage
  • Baseboard Heating
  • Garage
  • 1-Story Property

About This Home

As of March 2018

Location! Location! Location! Great starter home or one to downsize to with this well kept 2 bedroom 1 bath home with a full unfinished basement that sits on an acre with a 1 car detached garage and a covered patio between the garage and the home. Beautiful newly refinished hardwood floors, fresh paint, new roof in October 2017 and septic system in November 2017. Priced to sell and move in ready this home will not last long!

Last Agent to Sell the Property

Chris Wesley

RE/MAX Select Associates, Inc. License #RB14024437 Listed on: 01/24/2018

RE/MAX Select Associates, Inc.

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $372

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,012 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Storage
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • Garage
  • Gravel Driveway

Utilities

  • Baseboard Heating
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 601035200050000027

Home Details

Home Type

Single Family

Est. Annual Taxes

$372

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Stick
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1950
  • Garage Y N: Yes
  • Lot Size Acres: 1
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Location! Location! Location! Great starter home or one to downsize to with this well kept 2 bedroom 1 bath home with a full unfinished basement that sits on an acre with a 1 car detached garage and a covered patio between the garage and the home. Beautiful newly refinished hardwood floors, fresh paint, new roof in October 2017 and septic system in November 2017. Priced to sell and move in ready this home will not last long!
  • Transaction Type: Sale
  • F H A Certified: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Appliances: Dishwasher, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Interior Amenities: Screens Complete, Supplemental Storage
  • Living Area: 2012
  • Other Equipment: Smoke Detector, Water-Softener Owned
  • Room Count: 4
  • Areas Interior: Laundry in Basement
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen,Eat In Kitchen,Kitchen Updated
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1006
  • Main Level Sq Ft: 1006
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 2012
  • Below Grade Sq Ft: 1006
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Gravel
  • Foundation Details: Block, Full
  • List Price: 124900
  • Association Maintained Building Exterior: 0
  • Porch: Covered Patio,Covered Porch

Garage/Parking

  • Fuel: Electric
  • Garage Parking Description: 1 Car Detached

Utilities

  • Sewer: Septic Tank
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 601035200050000027
  • Acres: 1-3 Acres
  • Lot Information: Irregular,Tree Mature
  • Lot Number: NA
  • Lot Size: IRREGULAR

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 372
  • Semi Annual Property Tax Amt: 186
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption,OtherTaxExemption/See Remarks

MLS Schools

  • School District: Spencer-Owen Community
  • Schools: Mccormick's Creek Elementary,Owen Valley Community High,Owen Valley Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Fritz Jacob M
Bought by
Patterson Luke L
Current Estimated Value
$184,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Outstanding Balance
$103,708
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$80,845

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 23, 2018
Sold by
Steve D
Bought by
Jacob M
Seller's Agent
Chris Wesley
RE/MAX Select Associates, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$84,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2018
Closed on
Mar 22, 2018
Sold by
Livingston Sarah Ellen
Bought by
Livingston Steve D
Seller's Agent
Chris Wesley
RE/MAX Select Associates, Inc.
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$124,900
Sold Price
$105,000
Premium/Discount to List
-$19,900
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2007
Sold by
Wells Fargo Bank Na
Bought by
Livingston Steve D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2007
Sold by
Miles Patrick C and Miles Angie R
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 7, 2005
Sold by
Livingston Tempie M
Bought by
Miles Patrick C and Miles Angie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,400
Interest Rate
8.65%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Patterson Luke L -- None Available
Jacob M $105,000 --
Fritz Jacob M -- None Available
Livingston Steve D -- None Available
Livingston Steve D $63,000 Resource Title Of Cincinnati
Wells Fargo Bank Na $81,000 None Available
Miles Patrick C -- Progressive Land Title Of In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Luke L $114,000
Previous Owner Fritz Jacob M $84,000
Previous Owner Livingston Steve D $63,000
Previous Owner Miles Patrick C $74,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2018 03/23/18 Sold $105,000 -15.9% $52 / Sq Ft
01/24/2018 01/24/18 For Sale $124,900 -- $62 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $655 $121,300 $25,000 $96,300
2023 $602 $113,600 $25,000 $88,600
2022 $557 $102,000 $25,000 $77,000
2021 $503 $91,800 $25,000 $66,800
2020 $602 $101,400 $25,000 $76,400
2019 $550 $94,300 $20,000 $74,300
2018 $453 $86,000 $16,000 $70,000
2017 $438 $80,800 $16,000 $64,800
2016 $373 $80,800 $16,000 $64,800
2014 $291 $70,800 $16,000 $54,800
2013 -- $66,600 $16,000 $50,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21542045

MIBOR Broker Listing Cooperative®

APN: 60-10-35-200-050.000-027