16529 N State Road 1 Spencerville, IN 46788
Estimated payment $4,895/month
Highlights
- Primary Bedroom Suite
- 3.28 Acre Lot
- Solid Surface Countertops
- Cedarville Elementary School Rated A-
- Vaulted Ceiling
- Workshop
About This Home
OPEN HOUSE FRIDAY 10/17 FROM 5-7PM! This beautifully crafted custom home by Bob Buescher sits on two parcels totaling 3.28 acres, offering a peaceful country setting just minutes from downtown Leo. Outdoor enthusiasts and hobbyists will love the 3 connected outbuildings. One is fully climate-controlled with a professional-grade air compressor, while the others offer ample storage. Inside, artisan woodwork shines throughout the open layout, with custom doors, cabinetry, and trim. The gourmet kitchen features premium Grabill Cabinets and offers a stunning view of the backyard. Enjoy entertaining or relaxing on one of two decks. One off the kitchen and another accessible from the main-level primary ensuite. A formal dining room and den provide flexible living spaces, while upstairs you'll find three bedrooms and a full bath. The daylight basement is a true highlight, featuring a full second kitchen, spacious rec room, and dedicated theatre room. It also includes a well-designed workshop area and private stairway to the garage, adding to its versatility. A custom front patio with steps to the lower level completes the picture. Immaculately maintained, this home blends luxury, comfort, and functionality in a peaceful yet convenient location. HVAC new in 2021. Don’t miss your chance to call this one home!
Listing Agent
North Eastern Group Realty Brokerage Phone: 260-609-7344 Listed on: 07/21/2025
Open House Schedule
-
Friday, October 17, 20255:00 to 7:00 pm10/17/2025 5:00:00 PM +00:0010/17/2025 7:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,148
Year Built
- Built in 2001
Lot Details
- 3.28 Acre Lot
- Rural Setting
- Landscaped
- Level Lot
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Brick Exterior Construction
- Shingle Roof
- Cedar
- Vinyl Construction Material
Interior Spaces
- 2-Story Property
- Built-In Features
- Vaulted Ceiling
- Ceiling Fan
- Entrance Foyer
- Living Room with Fireplace
- Workshop
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Gas Oven or Range
- Solid Surface Countertops
- Utility Sink
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- Bathtub with Shower
- Separate Shower
Laundry
- Laundry on main level
- Washer and Electric Dryer Hookup
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- 1 Bathroom in Basement
- Natural lighting in basement
Schools
- Leo Elementary And Middle School
- Leo High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Private Company Owned Well
- Well
- Septic System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02-03-11-376-001.001-042
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,639 | $635,400 | $77,300 | $558,100 |
| 2023 | $4,639 | $550,300 | $68,800 | $481,500 |
| 2022 | $4,199 | $499,100 | $68,800 | $430,300 |
| 2021 | $3,619 | $406,900 | $68,800 | $338,100 |
| 2020 | $3,566 | $394,000 | $68,800 | $325,200 |
| 2019 | $3,123 | $384,300 | $68,800 | $315,500 |
| 2018 | $3,057 | $364,500 | $50,200 | $314,300 |
| 2017 | $3,121 | $356,600 | $50,200 | $306,400 |
| 2016 | $3,106 | $354,400 | $50,200 | $304,200 |
| 2014 | $2,821 | $328,300 | $50,200 | $278,100 |
| 2013 | $2,824 | $322,200 | $50,200 | $272,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2025 10/13/25 | Price Changed | $810,000 | -1.2% | $188 / Sq Ft |
| 09/02/2025 09/02/25 | Price Changed | $820,000 | -2.4% | $190 / Sq Ft |
| 07/21/2025 07/21/25 | For Sale | $840,000 | -- | $195 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available |
Source: Indiana Regional MLS
MLS Number: 202528435
APN: 02-03-11-376-001.001-042
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