NOT LISTED FOR SALE

17225 N State Road 1 Spencerville, IN 46788

Estimated Value: $771,000 - $1,039,590

4 Beds
4.5 Baths
5,194 Sq Ft
$174/Sq Ft Est. Value

Last Sold March 16, 2018

Last sale price $665,000 $128 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,194/month

7 Days on Market

Highlights

  • 17.59 Acre Lot
  • Living Room with Fireplace
  • Traditional Architecture
  • Cedarville Elementary School Rated A-
  • Partially Wooded Lot
  • 3 Car Attached Garage

About This Home

As of March 2018

Executive style living on 17.59 acres with a 35x40 pole barn that is heated with basketball court, storage and half bath. 11x12 cabin with screened porch and 1600 foot newly paved drive lined with pear trees. 5 acres of woods, lots of wildlife and incredible views. 3363 above ground sq ft with additional 1831 finished in the daylight basement. 2 fireplaces, extensive Grabill cabinetry, upgraded flooring, massive windows, wood ceiling in living room, wood entry floor, 8' doors throughout main level. Master bedroom features massive walk-in custom closet, tray ceiling, walk in ceramic shower with 2 heads, double sinks. Spacious basement includes 4th bedroom and full bath, ample cabinetry with full bar, 5th bedroom has been finished (no window) plus an additional 10x8 room. New TV projector, stone fireplace and tons of storage. Geothermal heat, 2 bedrooms, 2 full baths, plus a large loft upstairs. 2 new overhead garage doors, new kitchen appliances. Custom landscaping, screened porch. Leo Schools

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 01/20/2018

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jayne Shady

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,092

Year Built

  • Built in 2005

Lot Details

  • 17.59 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement
  • Natural lighting in basement

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-03-12-101-002.001-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,092

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 13
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 11
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: 17.59 A IRR TR 451.9 FT E OF NW COR NE 1/4 SEC 12 |
  • Parcel Number ID: 02-03-12-101-002.001-042
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Garage Door Opener, Range/Oven Hk Up Gas/Elec
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.79
  • Special Features: None

Interior Features

  • Total Sq Ft: 5800
  • Total Finished Sq Ft: 5194
  • Above Grade Finished Sq Ft: 3363
  • Below Grade Finished Sq Ft: 1831
  • Below Grade Sq Ft: 606
  • Price Per Sq Ft: 197.74
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Gas Log, Basement
  • Fireplace: Yes
  • Living Great Room: Dimensions: 21x16, On Level: Main
  • Kitchen: Dimensions: 17x13, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 17x24, On Level: Main
  • Den: Dimensions: 14x13, On Level: Main
  • Recreation Room: Dimensions: 24x24, On Level: Lower
  • Extra Room: Dimensions: 22x18, On Level: Lower
  • Bedroom 1: Dimensions: 19x18, On Level: Main
  • Bedroom 2: Dimensions: 12x14, On Level: Upper
  • Bedroom 3: Dimensions: 12x15, On Level: Upper
  • Bedroom 4: Dimensions: 13x21, On Level: Lower
  • Bedroom 5: Dimensions: 20x16, On Level: Lower
  • Loft: Dimensions: 17x15, On Level: Upper
  • Main Level Sq Ft: 3363
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2437

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 35x40
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 24x34
  • Garage Sq Ft: 816
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: On Level: 0
  • Well Size: 5 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Level, Partially Wooded
  • Estimated Lot Sq Ft: 766220
  • Estimated Lot Size Acres: 17.59

Tax Info

  • Annual Taxes: 6091.52
  • Exemptions: Geothermal, Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2018
Closed on
Mar 16, 2018
Sold by
Graber Jesse S
Bought by
Graber Jesse S and Graber Londa K
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Jayne Shady
CENTURY 21 Bradley Realty, Inc
List Price
$680,000
Sold Price
$665,000
Premium/Discount to List
-$15,000
-2.21%
Current Estimated Value
$838,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,179
Avg. Annual Appreciation
2.81%
Original Mortgage
$144,000
Outstanding Balance
$50,106
Interest Rate
4.46%
Mortgage Type
Commercial
Estimated Equity
$766,244

Purchase Details

Listed on
Jan 8, 2015
Closed on
Apr 9, 2015
Sold by
Sinn Rodney and Sinn Michelle L
Bought by
Devries John S and Wilson Devries Sheresa
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Adam Lane
North Eastern Group Realty
List Price
$31,500
Sold Price
$570,000
Premium/Discount to List
$538,500
1709.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$39,000
Interest Rate
3.85%
Mortgage Type
Credit Line Revolving
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
Graber Jesse S -- Trademark Title
Graber Jesse S -- Trademark Title
Devries John S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graber Jesse S $144,000
Open Graber Jesse S $453,100
Previous Owner Devries John $39,000
Previous Owner Devries John S $417,000
Previous Owner Sinn Rodney $625,000
Previous Owner Sinn Rodney $66,000
Previous Owner Sinn Rodney $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $665,000 -2.2% $128 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
01/20/2018 01/20/18 For Sale $680,000 +19.3% $131 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/10/2015 04/10/15 Sold $570,000 +1709.5% $119 / Sq Ft
02/24/2015 02/24/15 For Sale $31,500 -- $7 / 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 $7,259 $824,600 $80,000 $744,600
2023 $7,259 $833,200 $71,600 $761,600
2022 $5,406 $621,400 $68,100 $553,300
2021 $5,374 $576,800 $66,300 $510,500
2020 $5,303 $558,400 $66,200 $492,200
2019 $4,736 $552,500 $68,600 $483,900
2018 $5,900 $623,800 $140,600 $483,200
2017 $6,110 $612,100 $141,100 $471,000
2016 $6,092 $608,800 $141,400 $467,400
2014 $5,145 $550,800 $100,900 $449,900
2013 $4,763 $501,600 $100,600 $401,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201802353

Indiana Regional MLS

APN: 02-03-12-101-002.001-042