$570,000
SOLD APR 10, 2015

17225 N State Road 1 Spencerville, IN 46788

4 Beds
4.5 Baths
4,794 Sq Ft
17.59 Acres

Recently Sold

$119 Per Sq Ft

1,710% Above List Price

16 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 country living at it's finest - 17 acres, impressive setting, wildlife, incredible views, 5 acres of woods, a 35 x 40 pole barn, heated w/bath, basket ball court & storage. An 11 x 12 cabin w/screened porch, 1600 ft. asphalt drive lined w/pear trees. Morrical built home with extensive Grabill cabinetry w/many extras, upgraded flooring, massive windows, wood ceiling in LR, den could be formal dining, wood entry floors, 8 foot doors throughout main level, massive walk-in custom closet, large walk-in shower w/2 heads, double sinks, master BR w/tray ceiling, lower level has 4th BR & bath, rec. room w/full bar & ref, 90 in. projection TV, stone fireplace, tons of storage, 3 car garage, Geothermal Heat, 2 BRS up each have full baths & large loft. Front acreage could be parceled off and sold.

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 01/08/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Adam Lane

North Eastern Group Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,964

Year Built

  • Built in 2005

Lot Details

  • 17.59 Acre Lot
  • Level Lot
  • Partially Wooded Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

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

Kitchen

  • Gas Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite

Finished Basement

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

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Propane
  • 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

$4,964

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 10
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 5
  • Total Full Bathrooms: 4
  • Total Number of Half Bathrooms: 1
  • Legal Description: 10 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: 1st Bdrm En Suite, Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Guest Quarters, Range/Oven Hook Up Gas
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 95.02
  • Special Features: None

Interior Features

  • Total Sq Ft: 5800
  • Total Finished Sq Ft: 4794
  • Above Grade Finished Sq Ft: 3363
  • Below Grade Finished Sq Ft: 1431
  • Below Grade Sq Ft: 1006
  • Basement: Yes
  • Basement Foundation: Daylight, Full Basement, Finished
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Rec Rm
  • Living Great Room: Dimensions: 16x21, On Level: Main
  • Kitchen: Dimensions: 13x17, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 24x17, On Level: Main
  • Den: Dimensions: 13x14, On Level: Main
  • Recreation Room: Dimensions: 14x24, On Level: Lower
  • Extra Room: Dimensions: 18x22, On Level: Lower
  • Bedroom 1: Dimensions: 18x19, On Level: Main
  • Bedroom 2: Dimensions: 14x12, On Level: Upper
  • Bedroom 3: Dimensions: 15x12, On Level: Upper
  • Bedroom 4: Dimensions: 21x13, On Level: Lower
  • Bedroom 5: On Level: N/A
  • Loft: Dimensions: 15x17, 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: 40x35
  • Outbuilding2: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 3

Utilities

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

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
  • Zoning: R-1 Residential

Tax Info

  • Annual Taxes: 4963.88
  • Exemptions: Geothermal, Homestead, Mortgage

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Trademark Title
Warranty Deed -- Trademark Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $144,000 Commercial
Open $453,100 No Value Available
Previous Owner $39,000 Credit Line Revolving
Previous Owner $417,000 No Value Available
Previous Owner $625,000 New Conventional
Previous Owner $66,000 Stand Alone Second
Previous Owner $595,000 Adjustable Rate Mortgage/ARM
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: 201500849

Indiana Regional MLS

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