NOT LISTED FOR SALE

16632 N State Road 1 Spencerville, IN 46788

Estimated Value: $325,000 - $431,000

3 Beds
2 Baths
2,189 Sq Ft
$164/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $190,000 $87 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,138/month

4 Days on Market

Highlights

  • Spa
  • RV Parking in Community
  • 1.06 Acre Lot
  • Cedarville Elementary School Rated A-
  • Primary Bedroom Suite
  • Open Floorplan

About This Home

As of May 2016

This home is a MUST SEE!! Beautiful ranch home on a nice lot with mature shade trees, fruit trees, garden, and 3 storage buildings. Driveway paved in 2015. Home is very clean and updated. Inside this very clean home are custom Madison Cabinets in large kitchen with a large porch and eating area with many windows to enjoy. 3 bedrooms, 2 full baths, deck off main bedroom also has hot tub. Home is also equipped with central air conditioning, very energy efficient heating, security system, and generator. Plenty of room in the outbuildings for a wood working shop, metals shop, or mechanical work.

Last Buyer's Agent

Rick Shepherd

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $936

Year Built

  • Built in 1964

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 144 x 300
  • Property fronts a state road
  • Backs to Open Ground
  • Rural Setting
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Level Lot
  • Irregular Lot

Parking

  • 7 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,189 Sq Ft Home
  • Open Floorplan
  • Built-in Bookshelves
  • Chair Railings
  • Woodwork
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Triple Pane Windows
  • Double Pane Windows
  • ENERGY STAR Qualified Windows with Low Emissivity
  • Insulated Windows
  • Pocket Doors
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Workshop
  • Utility Room in Garage
  • Pull Down Stairs to Attic

Kitchen

  • Laminate Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Laundry on main level
  • Gas And Electric Dryer Hookup

Basement

  • Sump Pump
  • Crawl Space

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Spa
  • Patio

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community
  • Community Fire Pit

Listing and Financial Details

  • Assessor Parcel Number 02-03-11-378-004.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$936

Year Built

Built in 1964

Lot Details

0

Parking

7

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 1.06 AC TR SEC 1/4 SW 1/4 SEC 11 E OF SR 1 1 & S OF BAUMAN DR |
  • Parcel Number ID: 02-03-11-378-004.000-042
  • Platted: Yes
  • Amenities: Hot Tub/Spa, 1st Bdrm En Suite, Alarm System-Security, Attic Pull Down Stairs, Built-In Bookcase, Ceiling Fan(s), Chair Rail, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Gas/Elec, Firepit, Foyer Entry, Garage Door Opener, Generator Built-In, Generator-Whole House, Landscaped, Natural Woodwork, Open Floor Plan, Patio Open, Pocket Doors, Split Br Floor Plan, Storm Doors, Storm Windows, RV Parking, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry, Sump Pump, Custom Cabinetry, Garage Utilities
  • Cross Street: Bauman Dr
  • Location: Rural
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 97.99
  • Year Taxes Payable: 2015
  • Special Features: None

Interior Features

  • Total Sq Ft: 2189
  • Total Finished Sq Ft: 2189
  • Above Grade Finished Sq Ft: 2189
  • Price Per Sq Ft: 86.8
  • Basement Foundation: Crawl, Slab
  • Number Of Fireplaces: 2
  • Fireplace: Family Rm, Living/Great Rm, Gas Log, Wood Burning, Two
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 30x15, On Level: Main
  • Kitchen: Dimensions: 16x11, On Level: Main
  • Breakfast Room: Dimensions: 13x23, On Level: Main
  • Dining Room: Dimensions: 15x10, On Level: Main
  • Family Room: Dimensions: 22x13, On Level: Main
  • Bedroom 1: Dimensions: 14x14, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Main
  • Bedroom 3: Dimensions: 12x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: 2nd Detached Garage, Dimensions: 23x39, 897
  • Fence: Privacy, Wood
  • Outbuilding2: Outbuilding, Dimensions: 24x27, 648

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 7
  • Garage Size: Dimensions: 22x20
  • Garage Sq Ft: 440
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Other Heating System, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Zoned Heating
  • Laundry: Dimensions: Mainx6, On Level: 15
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Level, 0-2.9999
  • Lot Dimensions: 144 X 300
  • Estimated Lot Sq Ft: 43600
  • Estimated Lot Size Acres: 1.06

Green Features

  • Energy Efficient: Doors, HVAC, Insulation, Thermal Storage/ETS
  • Energy Efficient Windows/Doors: Double Pane Windows, Energy Star Doors, Energy Star Windows, Insulated Doors, Insulated Glass Windows, Low Emittance Doors/Win, Multi Pane Windows, Storm Doors, Sunscreen(s)

Tax Info

  • Annual Taxes: 936
  • Exemptions: Homestead

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
Mar 26, 2016
Closed on
May 6, 2016
Sold by
Vandolah Marilyn S
Bought by
Mortazavi Clayton
Buyer's Agent
Rick Shepherd
Mike Thomas Assoc., Inc
List Price
$193,900
Sold Price
$190,000
Premium/Discount to List
-$3,900
-2.01%
Current Estimated Value
$358,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,659
Avg. Annual Appreciation
7.01%
Original Mortgage
$186,558
Outstanding Balance
$150,921
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$205,586
Source: Public Records

Range of Values:

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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
Mortazavi Clayton -- Liberty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mortazavi Clayton $186,558
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2016 05/05/16 Sold $190,000 -2.0% $87 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/26/2016 03/26/16 For Sale $193,900 -- $89 / 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 $2,199 $291,500 $60,900 $230,600
2022 $1,824 $239,100 $55,700 $183,400
2021 $1,652 $208,500 $55,700 $152,800
2020 $1,617 $201,400 $55,700 $145,700
2019 $1,349 $189,300 $55,700 $133,600
2018 $1,246 $171,600 $41,500 $130,100
2017 $1,178 $159,000 $41,500 $117,500
2016 $904 $150,600 $41,500 $109,100
2014 $936 $148,000 $41,500 $106,500
2013 $980 $150,000 $41,500 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201612248

Indiana Regional MLS

APN: 02-03-11-378-004.000-042