NOT LISTED FOR SALE

16003 N State Road 1 Spencerville, IN 46788

Estimated Value: $265,000 - $371,000

3 Beds
2 Baths
2,282 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $163,500 $72 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,796/month

196 Days on Market

Highlights

  • Ranch Style House
  • Partially Wooded Lot
  • Fireplace in Basement
  • Cedarville Elementary School Rated A-
  • 2 Car Attached Garage
  • Baseboard Heating

About This Home

As of March 2020

Contingent/taking back up offers Rare all brick ranch on a full finished basement on .94 acres in Leo school district. USDA/100% financing available on this totally updated country home. LED lighting throughout, new flooring, new kitchen w/ all the appliances staying. New well pump 2014 and garage door 2015. Additional building 18x24 w/ garage, workshop and covered patio. Basement has fireplace plus second kitchen area and new vinyl plank flooring. Brand new sump pump and sewer ejection pump in the lower level bathroom-1 year warranty .This home is in Leo (Spencerville is mailing address) about a mile from schools, close to parks, Leo soccer field and approximately 7 miles to Parkview North. Don't miss your change for country living. Property being sold “as is”

Last Agent to Sell the Property

Debbie Lucyk

CENTURY 21 Bradley Realty, Inc Listed on: 08/08/2019

CENTURY 21 Bradley Realty, Inc

Co-Listed By

Debi King

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Debbie Lucyk

CENTURY 21 Bradley Realty, Inc Listed on: 08/08/2019

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,463

Year Built

  • Built in 1958

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 349x228x188x163
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-15-226-023.000-082

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,463

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1958
  • Age: 62
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: FRL N 212 of S530 of E 349.8 Ft W of St Rd 1 Sec 15 & NE of S BKRY NE 1/4 |
  • Parcel Number ID: 02-03-15-226-023.000-082
  • Platted: Yes
  • Sp Lp Percent: 99.15
  • County Zoning: R1
  • Year Taxes Payable: 2018
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2322
  • Total Finished Sq Ft: 2282
  • Above Grade Finished Sq Ft: 1161
  • Below Grade Finished Sq Ft: 1121
  • Below Grade Sq Ft: 40
  • Price Per Sq Ft: 140.83
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning, Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 10x10, On Level: Main
  • Breakfast Room: Dimensions: 12x8, On Level: Main
  • Recreation Room: Dimensions: 39x12, On Level: Basement
  • Extra Room: Dimensions: 10x9, On Level: Basement
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1161

Exterior Features

  • Exterior: Brick
  • Outbuilding1: 2nd Detached Garage, Dimensions: 24x18
  • Outbuilding2: Shed, Dimensions: 12x9, 108

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 23x22
  • Garage Sq Ft: 506
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC, Window
  • Heating Fuel: Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx6, On Level: 10
  • Well Type: Private

Schools

  • School District: East Allen County
  • Elementary School: Leo
  • Middle School: Leo
  • High School: Leo
  • Elementary School: Leo

Lot Info

  • Lot Description: Level, Partially Wooded
  • Lot Dimensions: 349x228x188x163
  • Estimated Lot Sq Ft: 40946
  • Estimated Lot Size Acres: 0.94

Tax Info

  • Annual Taxes: 1463
  • Total Assessed Value: 171800

MLS Schools

  • High School: Leo
  • Middle School: Leo
  • School District: East Allen County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Apr 1, 2020
Sold by
Rogers Victoria B
Bought by
Edgar John and Edgar Holly
Seller's Agent
Debbie Lucyk
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Debbie Lucyk
CENTURY 21 Bradley Realty, Inc
List Price
$209,900
Sold Price
$163,500
Premium/Discount to List
-$46,400
-22.11%
Current Estimated Value
$305,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,935
Avg. Annual Appreciation
10.06%
Original Mortgage
$165,151
Outstanding Balance
$147,880
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$129,084

Purchase Details

Listed on
Aug 8, 2019
Closed on
Mar 31, 2020
Sold by
Rogers Victoria B and Fortriede Victoria
Bought by
Edgar John and Edgar Holly
Seller's Agent
Debbie Lucyk
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
Debbie Lucyk
CENTURY 21 Bradley Realty, Inc
List Price
$209,900
Sold Price
$163,500
Premium/Discount to List
-$46,400
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,151
Outstanding Balance
$147,880
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$129,084

Purchase Details

Listed on
Aug 25, 2017
Closed on
Oct 17, 2017
Sold by
Summerhays Jeffery T and Summerhays Nicole
Bought by
Fortriede Peter M and Fortriede Victoria
Seller's Agent
Carol Niebel
RE/MAX Results
Buyer's Agent
Debbie Lucyk
CENTURY 21 Bradley Realty, Inc
List Price
$164,900
Sold Price
$163,000
Premium/Discount to List
-$1,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$153,000
Interest Rate
3.78%
Mortgage Type
VA

Purchase Details

Listed on
Oct 23, 2014
Closed on
Dec 11, 2014
Sold by
Secretary Of Veterans Affairs
Bought by
Summerhays Jeffery T and Summerhays Nicole
Seller's Agent
Mick Scheumann
Red Howell Associates., Inc.
Buyer's Agent
Carol Niebel
RE/MAX Results
List Price
$84,000
Sold Price
$90,000
Premium/Discount to List
$6,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.17%
Original Mortgage
$85,500
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2014
Sold by
Pnc Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
Jul 29, 2014
Sold by
Howell John A and Howell Kathy G
Bought by
Pnc Bank Na

Purchase Details

Closed on
Oct 16, 2006
Sold by
Lengacher Richard N and Lengacher Jane A
Bought by
Howell John A and Howell Kathy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,777
Interest Rate
6.5%
Mortgage Type
VA

Purchase Details

Closed on
Jun 26, 2003
Sold by
Furnish Clarissa
Bought by
Lengacher Richard N and Lengacher Jane A
Source: Public Records

Range of Values:

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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
Edgar John $219,650 Fidelity National Title
Rogers Victoria B -- Fidelity National Title
Edgar John $163,500 Fidelity National Ttl Co Llc
Rogers Victoria B $163,500 Fidelity National Ttl Co Llc
Fortriede Peter M $163,000 Fidelity Natl Title Co Llc
Summerhays Jeffery T -- Fidelity Natl Title Co Llc
Secretary Of Veterans Affairs -- None Available
Pnc Bank Na $110,565 None Available
Howell John A -- Metropolitan Title Of In
Lengacher Richard N -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edgar John $165,151
Closed Edgar John $165,151
Previous Owner Fortriede Peter M $153,000
Previous Owner Summerhays Jeffery T $85,500
Previous Owner Howell John A $122,777
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $163,500 -0.8% $72 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
11/11/2019 11/11/19 Price Changed $164,900 -2.9% $72 / Sq Ft
10/15/2019 10/15/19 Price Changed $169,900 -1.2% $74 / Sq Ft
10/08/2019 10/08/19 Price Changed $171,900 -1.2% $75 / Sq Ft
10/01/2019 10/01/19 Price Changed $173,900 -0.6% $76 / Sq Ft
09/19/2019 09/19/19 Price Changed $174,900 -2.8% $77 / Sq Ft
09/10/2019 09/10/19 Price Changed $179,900 -2.7% $79 / Sq Ft
08/30/2019 08/30/19 Price Changed $184,900 -2.6% $81 / Sq Ft
08/24/2019 08/24/19 Price Changed $189,900 -2.6% $83 / Sq Ft
08/21/2019 08/21/19 Price Changed $194,900 -2.5% $85 / Sq Ft
08/12/2019 08/12/19 Price Changed $199,900 -4.8% $88 / Sq Ft
08/08/2019 08/08/19 For Sale $209,900 +28.8% $92 / Sq Ft
10/17/2017 10/17/17 Sold $163,000 -1.2% $71 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $164,900 +83.2% $72 / Sq Ft
12/13/2014 12/13/14 Sold $90,000 +7.1% $46 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/23/2014 10/23/14 For Sale $84,000 -- $43 / 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 $2,124 $275,600 $64,800 $210,800
2022 $1,840 $210,100 $54,800 $155,300
2021 $1,507 $184,900 $54,800 $130,100
2020 $1,591 $184,800 $54,800 $130,000
2019 $1,456 $177,600 $54,800 $122,800
2018 $1,463 $171,800 $40,900 $130,900
2017 $1,281 $152,400 $40,900 $111,500
2016 $1,160 $142,200 $40,900 $101,300
2014 $1,196 $146,400 $40,900 $105,500
2013 $1,059 $133,000 $40,900 $92,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201934155

Indiana Regional MLS

APN: 02-03-15-226-023.000-082