NOT LISTED FOR SALE

1502 State Highway 43 Spencer, IN 47460

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

2 Beds
1 Bath
1,006 Sq Ft
$183/Sq Ft Est. Value

Last Sold March 23, 2018

Last sale price $105,000 $104 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $1,034/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • 1 Car Detached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of March 2018

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 with 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 Buyer's Agent

NCIAR NonMember

NonMember NCIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $373

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Property fronts a state road
  • Rural Setting
  • Irregular Lot
  • Sloped Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector
  • Eat-In Kitchen

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-35-200-050.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$373

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 68
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN NW NW S35 T10 R3 1A |
  • Parcel Number ID: 60-10-35-200-050.000-027
  • Platted: Yes
  • Amenities: Detector-Smoke, Eat-In Kitchen, Patio Covered, Porch Covered, Tub/Shower Combination, Main Level Bedroom Suite
  • Location: Rural
  • Road Access: State
  • Road Surface: Asphalt
  • Sp Lp Percent: 84.07
  • Special Features: None

Interior Features

  • Total Sq Ft: 2012
  • Total Finished Sq Ft: 1006
  • Above Grade Finished Sq Ft: 1006
  • Below Grade Sq Ft: 1006
  • Price Per Sq Ft: 104.37
  • Basement: Yes
  • Basement Foundation: Full Basement, Unfinished
  • Basement Material: Block
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 11x20, On Level: Main
  • Kitchen: Dimensions: 13x20, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1006

Exterior Features

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

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 18x26
  • Garage Sq Ft: 468
  • Garage: Yes

Utilities

  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • 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: Irregular, Slope
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 373
  • Exemptions: Homestead, Mortgage, Supplemental

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 23, 2018
Closed on
Mar 23, 2018
Sold by
Steve D
Bought by
Jacob M
Buyer's Agent
NCIAR NonMember
NonMember NCIAR
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 23, 2018
Closed on
Mar 22, 2018
Sold by
Livingston Sarah Ellen
Bought by
Livingston Steve D
Buyer's Agent
NCIAR NonMember
NonMember NCIAR
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% $104 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $124,900 -- $124 / 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 $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

  • N

    Buyer's Agent in 2018

    NCIAR NonMember

    NonMember NCIAR

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201802575

Indiana Regional MLS

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

Indiana Owen County Spencer 47460

1502 State Highway 43, Spencer, IN

This home is located at 1502 State Highway 43, Spencer, IN 47460 since 23 January 2018 and is currently estimated at $184,553, approximately $183 per square foot. This property was built in 1950. 1502 State Highway 43 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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