NOT LISTED FOR SALE

1738 Hancock School Rd Spencer, IN 47460

Estimated Value: $213,664 - $248,000

2 Beds
1 Bath
960 Sq Ft
$241/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $165,000 $172 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,372/month

Highlights

  • Waterfront
  • 1 Car Attached Garage
  • Central Air
  • Lake, Pond or Stream
  • 1-Story Property

About This Home

As of February 2021

Great find!! 2 bedroom, 1 bath home on 7 acres with 2 stocked ponds. Home has an attached 24 x 24 garage and a detached 24 x 24 pole barn.

Tilden Keith

Keith Realty & Auction Group Listed on: 01/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $476

Year Built

  • Built in 1995

Lot Details

  • 7 Acre Lot
  • Waterfront
  • Irregular Lot
  • Sloped Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-26-400-530.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$476

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1995
  • Age: 26
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: SE SE S26 T10 R4 7A
  • Parcel Number ID: 60-11-26-400-530.000-027
  • Platted: Yes
  • Sp Lp Percent: 97.63
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 960
  • Total Finished Sq Ft: 960
  • Above Grade Finished Sq Ft: 960
  • Price Per Sq Ft: 171.88
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 19x15, On Level: Main
  • Dining Room: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 12x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Pole/Post Building, Dimensions: 24x24

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Slope, 6-9.999
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 304920
  • Estimated Lot Size Acres: 7

Tax Info

  • Annual Taxes: 476.32

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 26, 2021
Sold by
Franklin Rex and Estate Of Mervin U Franklin
Bought by
Wrightsman Kenneth A
Buyer's Agent
Tilden Keith
Keith Realty & Auction Group
List Price
$169,000
Sold Price
$165,000
Premium/Discount to List
-$4,000
-2.37%
Total Days on Market
0
Current Estimated Value
$231,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,166
Avg. Annual Appreciation
8.40%
Original Mortgage
$156,750
Outstanding Balance
$142,103
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$89,063

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
Wrightsman Kenneth A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrightsman Kenneth A $156,750
Previous Owner Franklin Mervin U $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $165,000 -2.4% $172 / Sq Ft
01/29/2021 01/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $169,000 -- $176 / 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 $1,008 $158,200 $29,200 $129,000
2023 $949 $146,800 $28,500 $118,300
2022 $901 $130,400 $27,800 $102,600
2021 $603 $117,700 $27,400 $90,300
2020 $537 $113,600 $27,300 $86,300
2019 $476 $104,100 $22,500 $81,600
2018 $373 $95,300 $18,600 $76,700
2017 $304 $89,600 $19,000 $70,600
2016 $310 $90,300 $19,200 $71,100
2014 $314 $90,100 $19,300 $70,800
2013 -- $85,000 $18,800 $66,200
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 202103109

Indiana Regional MLS

APN: 60-11-26-400-530.000-027