NOT LISTED FOR SALE

17230 N State Road 1 Spencerville, IN 46788

Estimated Value: $658,396 - $875,000

3 Beds
2.5 Baths
3,621 Sq Ft
$212/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $522,500 $144 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,131/month

10 Days on Market

Highlights

  • 531 Feet of Waterfront
  • Primary Bedroom Suite
  • Partially Wooded Lot
  • Cedarville Elementary School Rated A-
  • 15.75 Acre Lot
  • Workshop

About This Home

As of November 2019

Come see this spectacular traditional 2 story home out in Spencerville! Tucked back on 15+ acres, this beautiful almost 4000 sq ft home offers 3 large bedrooms and 2.5 bathrooms on a partially finished Daylight basement. Enter into the large foyer with soaring ceilings and admire all of the open space. The open concept with huge vaulted ceilings and large windows allow an abundance of natural light to shine throughout the home. Enjoy a cozy fire on a chilly night by the fireplace while entertaining family and friends. The chef of the home with love the island kitchen with a breakfast bar. It has plenty of cabinetry and counter space plus a large pantry for additional storage. The dining room is to the side in a nice bayed nook. There is a den that will make a perfect office where you can work from home or study. The master bedroom is nicely tucked away on the main level of the home. It boasts a double sink vanity and make up desk, a relaxing soaking tub, and a separate shower. A large utility room with laundry and more plus a half bath finish off the main level. Upstairs are 2 more large bedrooms and a full bath and plenty of storage. The downstairs is partially finished and ready for you to make it your own. There is plenty of room for a kids play area, a rec room, a home gym, an additional family room, and much more. Head out back and enjoy outdoor grilling and entertainment on the L-shaped deck that wraps around the side and back of the home. Enjoy amazing sunsets and views of the country and all the nature and wildlife that comes with it. There is a large pole barn out back that is perfect for any craftsman or mechanic to house all of your tools and big toys and equipment. This home does have a 3 car attached garage and a reverse osmosis water system. Anyone will love waking up every morning and looking out their back window and enjoy this perfect setting! This home does back up to the St. Joe River and is in the desirable Leo school district. With all of the amenities this home offers and all of its outdoor beauty, you will be so glad to make this your new home today!

Last Agent to Sell the Property

Tim Burns

Keller Williams Realty Group Listed on: 09/23/2019

Keller Williams Realty Group

Last Buyer's Agent

Tim Haber

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 1994

Lot Details

  • 15.75 Acre Lot
  • Lot Dimensions are 634x1078x531x781x433
  • 531 Feet of Waterfront
  • River Front
  • Rural Setting
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Living Room with Fireplace
  • Workshop
  • Storage In Attic
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Partially Finished Basement

  • Sump Pump
  • Natural lighting in basement

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • The river is a source of water for the property
  • Private Company Owned Well
  • Well
  • Water Heater Leased
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-12-152-002.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,550

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1994
  • Age: 25
  • Style: Two Story
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Frl W 368 Of Frl N 331 Ft Of E 40 ac Of W 100ac Pipe-Ne-Way Res S Of SR 1 NW 1/4 Sec 12 & 25.457 A TR S OF S.R. 1 & N OF RIVER W 1/2 SEC 12 EX TRACTS ( TRACT VIII)
  • Parcel Number ID: 02-03-12-152-002.000-042
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Attic Storage, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Water Heater Rental, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up
  • Location: Rural
  • Parcel Id2: 020312152002000042
  • Sp Lp Percent: 90.1
  • County Zoning: R1
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4454
  • Total Finished Sq Ft: 3621
  • Above Grade Finished Sq Ft: 2781
  • Below Grade Finished Sq Ft: 840
  • Above Grade Unfinished Sq Ft: 441
  • Below Grade Sq Ft: 392
  • Price Per Sq Ft: 187.88
  • Basement: Yes
  • Basement Foundation: Daylight, Partial Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Great Room: Dimensions: 23x18, On Level: Main
  • Kitchen: Dimensions: 15x13, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Den: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 40x21, On Level: Basement
  • Extra Room: Workshop, Dimensions: 28x14, On Level: Basement
  • Bedroom 1: Dimensions: 18x15, On Level: Main
  • Bedroom 2: Dimensions: 15x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Upper
  • Other Room1: Attic Storage, Dimensions: 21x21, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1232

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 48x32
  • Water Frontage: 531
  • Water Name: Saint Joseph River

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 38x21
  • Garage Sq Ft: 798
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx10, On Level: 13
  • Water Type: River
  • 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
  • Elementary School: Leo

Lot Info

  • Lot Description: Irregular, Level, Partially Wooded, Waterfront
  • Lot Dimensions: 634x1078x531x781x433
  • Estimated Lot Sq Ft: 686070
  • Estimated Lot Size Acres: 15.75

Tax Info

  • Annual Taxes: 3550
  • Exemptions: Homestead

Multi Family

  • Water Access: Riverfront

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
Sep 23, 2019
Closed on
Dec 18, 2019
Sold by
Lederman Family Revocable Living Trust
Bought by
Zehr Nathan I and Zehr Kristina R
Seller's Agent
Tim Burns
Keller Williams Realty Group
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$579,900
Sold Price
$522,500
Premium/Discount to List
-$57,400
-9.9%
Current Estimated Value
$686,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,535
Avg. Annual Appreciation
4.39%
Original Mortgage
$405,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2019
Closed on
Nov 22, 2019
Sold by
Lederman Donald L and Lederman Family Revocable Livi
Bought by
Zehr Nathan I and Zehr Kristina R
Seller's Agent
Tim Burns
Keller Williams Realty Group
Buyer's Agent
Tim Haber
CENTURY 21 Bradley Realty, Inc
List Price
$579,900
Sold Price
$522,500
Premium/Discount to List
-$57,400
-9.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,125
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2015
Sold by
Lavon Llc
Bought by
The Lederman Family Revocable Living Tru

Purchase Details

Closed on
Jan 1, 2010
Sold by
Lederman Donald L and Lederman Letha J
Bought by
Lederman I Llc

Purchase Details

Closed on
Sep 29, 2009
Sold by
Lederman Donald L and Lederman Letha J
Bought by
Lederman Donald L and Lederman Letha J
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
Zehr Nathan I -- Fidelity National Title
Zehr Nathan I -- Fidelity National Ttl Co Llc
The Lederman Family Revocable Living Tru -- None Available
Lederman I Llc -- None Available
Lederman I Llc -- None Available
Lederman Donald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Zehr Kristina R $408,253
Closed Zehr Nathan I $405,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $522,500 -9.9% $144 / Sq Ft
10/03/2019 10/03/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $579,900 -- $160 / 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 $4,496 $591,700 $73,400 $518,300
2022 $3,965 $467,200 $65,300 $401,900
2021 $3,338 $373,300 $65,100 $308,200
2020 $3,262 $358,600 $65,100 $293,500
2019 $2,693 $331,000 $65,400 $265,600
2018 $2,710 $316,500 $48,500 $268,000
2017 $2,860 $313,900 $48,800 $265,100
2016 $2,821 $309,300 $49,000 $260,300
2014 $2,165 $259,400 $47,400 $212,000
2013 $1,981 $236,500 $47,000 $189,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201941821

Indiana Regional MLS

APN: 02-03-12-152-002.000-042