NOT LISTED FOR SALE

16741 Indiana 1 Spencerville, IN 46788

3 Beds
1.5 Baths
1,404 Sq Ft
0.95 Acres

Last Sold May 28, 2021

Last sale price $225,000 $160 Per Sq Ft

101 Days on Market

Highlights

  • Primary Bedroom Suite
  • Covered Patio or Porch
  • Formal Dining Room
  • Cedarville Elementary School Rated A-
  • Workshop
  • 2 Car Detached Garage

About This Home

As of May 2021

GREAT OPPORTUNITY FOR A SMALL BUSINESS OWNER!! Check out this charming two story home in Spencerville on almost 1 acre of land! LEO Schools and the bus stops right in front of the house! Perfect location for a start up or established business owner to live and operate your company from one location or continue to lease the house for additional income! Home is currently leased through the end of May for $1000/month including utilities and is just a short drive and easy access to Leo and Grabill. There is a recorded variance that allows this property to be used for business purposes. This property boasts detached garage/office space with heat and AC and ample parking currently set up for 2 offices or an office with a lobby space. Also includes a 40x60 heated, air conditioned and insulated pole barn great for the car enthusiast/mechanic or could be utilized as a large workshop or storage space for work vehicles with an additional attached 24x24 garage space could make a great space to keep farm animals. Inside the home you will find 3 good size bedrooms, 1.5 baths ,original hardwood floors, bright kitchen with TONS of cabinet space, large dining area and living room and a HUGE covered front porch AND open back patio enclosed with a picket fence. More features include water softener and RO water systems, a NEW 50 year guaranteed roof and freshly painted exterior! A whole house generator also services the home and all of the detached buildings so you will never go without power. There is additional acreage to the west of this property including the large open field, creek and wooded area that is owned by the city of Fort Wayne but is currently maintained and used/enjoyed by the current owner. All appliance stay! This home is sold As-Is.

Last Agent to Sell the Property

Andrea Gates

Coldwell Banker Real Estate Group Listed on: 01/01/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Joyce Swartz

Coldwell Banker Real Estate Group

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1907

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 289 x 143
  • Landscaped
  • Irregular Lot
  • Zoning described as Agricultural

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Formal Dining Room
  • Workshop
  • Gas Oven or Range
  • Washer and Gas Dryer Hookup
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well
  • Water Heater Leased
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-03-11-327-003.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,921

Year Built

Built in 1907

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1907
  • Age: 114
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Se 3a Ne1/4 Sw1/4 N Of Sr 1 Sec 11 Ex N 2.005 ac Ex pt to rd
  • Parcel Number ID: 02-03-11-327-003.000-042
  • Platted: Yes
  • Amenities: Cable Available, Cable Ready, Dryer Hook Up Gas, Generator-Whole House, Landscaped, Patio Open, Porch Covered, Porch Open, Range/Oven Hook Up Gas, Water Heater Rental, Workshop, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Washer Hook-Up
  • Cross Street: Twin Fawn Trail
  • Sp Lp Percent: 81.82
  • Zoning Description: Agricultural
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1836
  • Total Finished Sq Ft: 1404
  • Above Grade Finished Sq Ft: 1404
  • Below Grade Sq Ft: 432
  • Price Per Sq Ft: 160.26
  • Basement: Yes
  • Basement Foundation: Slab, Partial Basement, Unfinished
  • Living Great Room: Dimensions: 13x14, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 13x14, On Level: Main
  • Bedroom 1: Dimensions: 9x12, On Level: Main
  • Bedroom 2: Dimensions: 14x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x13, On Level: Upper
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 432

Exterior Features

  • Exterior: Wood
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 40x60, 2400
  • Outbuilding2: Outbuilding, Dimensions: 10x14, 140

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 21x26
  • Garage Sq Ft: 546
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas, Baseboard, Hot Water
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Basementx10, On Level: 10
  • 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
  • Lot Dimensions: 289 x 143
  • Estimated Lot Sq Ft: 41382
  • Estimated Lot Size Acres: 0.95

Tax Info

  • Annual Taxes: 1921

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $225,000 -18.2% $160 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $275,000 -5.2% $196 / Sq Ft
01/01/2021 01/01/21 For Sale $290,000 -- $207 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202100132

Indiana Regional MLS