NOT LISTED FOR SALE

17208 Lochner Rd Spencerville, IN 46788

Estimated Value: $1,455,000 - $1,571,000

5 Beds
6 Baths
8,622 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $650,000 $75 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $8,900/month

63 Days on Market

Highlights

  • 300 Feet of Waterfront
  • 10.06 Acre Lot
  • Lake, Pond or Stream
  • Cedarville Elementary School Rated A-
  • Fireplace in Kitchen
  • Wood Flooring

About This Home

As of November 2013

Come and visit this beautiful all brick home on 10 acres with a 2 acre pond. Almost 9000 finished square feet. Exquisite detail shines throughout. Huge eat in kitchen with granite island/counters, Cherry wood custom cabinets, and an all brick corner fireplace. There is an unbelievable trim/crown molding package throughout the home, a 20' coffered ceiling to accent the upgraded window package in the Great Room. The master suite has a 10'step ceiling, 2 huge walk in closets, a Jacuzzi Tub, and walk in tile shower. The main and upper levels are all covered with beautiful hardwood floors, including the 32x28 custom theatre room w/built in movie screen. The finished walkout basement is ready for a huge wet bar and has plenty of extra rooms. The laundry is full of cabinets and counters . There is a mud area with lockers. The home is heated with an open loop geothermal system. This is truly an executive home. There are also an additional 10 acres that can be added to purchase price.

Last Agent to Sell the Property

Neal Sherk

North Eastern Group Realty Listed on: 08/16/2013

North Eastern Group Realty

Last Buyer's Agent

Beth Goldsmith

North Eastern Group Realty

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 2007

Lot Details

  • 10.06 Acre Lot
  • Lot Dimensions are 1328x330
  • 300 Feet of Waterfront
  • Rural Setting
  • Sloped Lot

Parking

  • 4 Car Attached Garage
  • Off-Street Parking

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Oven or Range
  • Stone Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 2 Bathrooms in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation

Outdoor Features

  • Lake, Pond or Stream
  • Porch

Schools

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-400-004.003-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,983

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2007
  • Age: 6
  • Style: Two Story
  • Total Number of Rooms: 17
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 5
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 6
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 2
  • Legal Description: Metes and Bounds |
  • Parcel Number ID: 02-03-10-400-004.003-042
  • Platted: Yes
  • Amenities: Built-In Bookcase, Built-In Home Theatre, Ceiling Fan(s), Countertops-Stone, Crown Molding, Jet Tub, Porch Open, Range/Oven Hk Up Gas/Elec
  • Cross Street: Schlatter
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 84.42
  • Year Taxes Payable: 2013
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 8722
  • Total Finished Sq Ft: 8622
  • Above Grade Finished Sq Ft: 6072
  • Below Grade Finished Sq Ft: 2550
  • Below Grade Sq Ft: 100
  • Price Per Sq Ft: 107.05
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Kitchen
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 18x15, On Level: Main
  • Breakfast Room: Dimensions: 18x14, On Level: Main
  • Dining Room: Dimensions: 15x14, On Level: Main
  • Family Room: Dimensions: 30x19, On Level: Basement
  • Den: Dimensions: 15x14, On Level: Main
  • Recreation Room: Dimensions: 30x20, On Level: Basement
  • Extra Room: Theatre Room, Dimensions: 32x28, On Level: Upper
  • Bedroom 1: Dimensions: 20x20, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Upper
  • Bedroom 3: Dimensions: 13x13, On Level: Upper
  • Bedroom 4: Dimensions: 15x13, On Level: Upper
  • Bedroom 5: Dimensions: 16x13, On Level: Upper
  • Other Room1: Office, Dimensions: 16x16, On Level: Basement
  • Other Room 2: Bedroom 6, Dimensions: 15x14
  • Loft: Dimensions: 16x8, On Level: Upper
  • Main Level Sq Ft: 3036
  • Number Below Grade Bathrooms: 2
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Below Grade Half Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2650

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 58x33, 1914
  • Water Frontage: 300

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 41x28
  • Garage Sq Ft: 1148
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Geothermal Hvac
  • Laundry: Dimensions: Mainx10, On Level: 11
  • Water Type: Pond
  • Well Size: 6 Inches
  • 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: Slope, Waterfront
  • Lot Dimensions: 1328x330
  • Estimated Lot Sq Ft: 438213
  • Estimated Lot Size Acres: 10.06

Green Features

  • Energy Efficient: HVAC, Insulation, Windows

Tax Info

  • Annual Taxes: 6982.76
  • Exemptions: Geothermal, Homestead, Mortgage

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 16, 2013
Closed on
Nov 15, 2013
Sold by
General Cu
Bought by
Davis Gary W and Davis Stephanie
Seller's Agent
Neal Sherk
North Eastern Group Realty
Buyer's Agent
Beth Goldsmith
North Eastern Group Realty
List Price
$770,000
Sold Price
$650,000
Premium/Discount to List
-$120,000
-15.58%
Current Estimated Value
$1,507,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,213
Avg. Annual Appreciation
7.56%
Original Mortgage
$487,500
Interest Rate
4.24%

Purchase Details

Closed on
Dec 4, 2012
Sold by
Mcmaken Mickey C and Mcmaken Beverly A
Bought by
General Cu

Purchase Details

Closed on
Jul 27, 2007
Sold by
Tuttle Ryan L
Bought by
Mcmaken Mickey C and Mcmaken Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$864,000
Interest Rate
6.71%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 4, 2006
Sold by
Mcmaken Mickey C and Mcmaken Beverly A
Bought by
Tuttle Ryan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,975
Interest Rate
6.49%
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
Davis Gary W -- Metropolitan Title Of In
General Cu -- None Available
Mcmaken Mickey C -- Lawyers Title
Tuttle Ryan L -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Gary W $487,500
Previous Owner Mcmaken Mickey C $250,000
Previous Owner Tuttle Ryan L $104,975
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $650,000 -15.6% $75 / Sq Ft
10/18/2013 10/18/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $770,000 -- $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 $10,911 $1,165,600 $117,000 $1,048,600
2023 $10,911 $1,172,400 $100,000 $1,072,400
2022 $7,747 $871,900 $96,500 $775,400
2021 $7,723 $817,400 $95,600 $721,800
2020 $7,579 $791,000 $95,600 $695,400
2019 $6,724 $780,000 $96,800 $683,200
2018 $6,800 $759,400 $88,000 $671,400
2017 $6,955 $744,100 $89,100 $655,000
2016 $6,919 $739,700 $89,500 $650,200
2014 $7,726 $780,700 $170,500 $610,200
2013 $8,234 $773,800 $173,800 $600,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201311492

Indiana Regional MLS

APN: 02-03-10-400-004.003-042