NOT LISTED FOR SALE

173 W Porter Ridge Rd Spencer, IN 47460

Estimated Value: $163,393 - $311,000

2 Beds
1 Bath
1,397 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 23, 2012

Last sale price $34,900 $25 Per Sq Ft

Est. 520% increase in value since last sale

Current estimated payment $1,159/month

15 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of July 2012

2 bedroom,1 bath located on 6.91 Acres that is half open and half wooded. this property is priced to sell as-is.

Last Agent to Sell the Property

Arndt Secrest

Area Realty Key Associates Listed on: 06/25/2012

Last Buyer's Agent

Jacob Pursell NMSP

Area Realty Key Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $776

Year Built

  • Built in 1988

Lot Details

  • 6.91 Acre Lot
  • Zoning described as Agricultural-Agricultural

Home Design

  • Ranch Style House
  • Wood Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-17-29-200-160.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$776

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1988
  • Age: 24
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Total Full Bathrooms: 1
  • Legal Description: PT SE NW S29 T9 R3
  • Parcel Number ID: 60-17-29-200-160.000-016
  • Platted: Yes
  • Zoning Description: Agricultural-Agricultural
  • Special Features: None

Interior Features

  • Total Sq Ft: 1397
  • Total Finished Sq Ft: 1397
  • Above Grade Finished Sq Ft: 1397
  • Price Per Sq Ft: 24.98
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Living Great Room: Dimensions: 12x20, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Family Room: Dimensions: 12x24, On Level: Main
  • Bedroom 2: Dimensions: 7x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Main Level Sq Ft: 1397

Exterior Features

  • Exterior: Wood

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Mccormicks Creek
  • Middle School: Owen Valley
  • High School: Owen Valley

Lot Info

  • Estimated Lot Size Acres: 6.91

Tax Info

  • Annual Taxes: 776.06
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2012
Closed on
Jul 19, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Richardson Carole
Seller's Agent
Arndt Secrest
Area Realty Key Associates
Buyer's Agent
Jacob Pursell NMSP
Area Realty Key Associates
List Price
$44,900
Sold Price
$34,900
Premium/Discount to List
-$10,000
-22.27%
Current Estimated Value
$216,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,564
Avg. Annual Appreciation
14.83%

Purchase Details

Closed on
May 17, 2012
Sold by
New Jack L and New Alice
Bought by
Federal Home Loan Morgage Corporation
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Richardson Carole -- Statewide Title Company Inc
Federal Home Loan Morgage Corporation $65,700 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2012 07/23/12 Sold $34,900 -22.3% $25 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
06/25/2012 06/25/12 For Sale $44,900 -- $32 / 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 $136 $78,000 $31,200 $46,800
2023 $113 $75,000 $30,200 $44,800
2022 $113 $70,400 $29,100 $41,300
2021 $71 $60,100 $28,500 $31,600
2020 $71 $58,000 $28,500 $29,500
2019 $71 $49,900 $22,000 $27,900
2018 $71 $51,400 $20,100 $31,300
2017 $82 $51,900 $20,800 $31,100
2016 $80 $50,900 $21,000 $29,900
2014 $81 $50,300 $21,300 $29,000
2013 -- $49,100 $20,500 $28,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 403207

Indiana Regional MLS

APN: 60-17-29-200-160.000-016