NOT LISTED FOR SALE

17424 Lochner Rd Spencerville, IN 46788

Estimated Value: $534,000 - $612,068

4 Beds
2 Baths
2,450 Sq Ft
$237/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $268,500 $110 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,468/month

71 Days on Market

Highlights

  • In Ground Pool
  • 10 Acre Lot
  • Traditional Architecture
  • Cedarville Elementary School Rated A-
  • Partially Wooded Lot
  • Screened Porch

About This Home

As of June 2015

What a property! Ten rolling acres includes five acres of partially fenced pasture and a creek that runs along the south border and meanders through the 3-4 acres of woods in the east. In Leo schools, this updated 2 story home on partially-finished basement sits on the high ground along with a 26 x 30 3-stall horse barn with tack room, 20x30 in-ground pool, and screened back porch. Plenty of windows bring the outside in with lovely views of the property. Pride in ownership shows with all the updates including new carpeting throughout the house, new kitchen floor, beautiful custom built-in cabinet in renovated family room, newly-updated bathrooms, new air conditioning, new septic, new siding on all buildings, new windows, new water softener, new well pump, new exterior doors and all new interior paint. Gas boiler and water heater have been replaced and electrical service to house, barn, and pool shed updated to 250 amp service. Two car garage features a walk-up 22 x 22 attic with heavy-duty shelving and a new garage door. Close to Cedar Creek golf course, this one of a kind country property is a MUST see !!

Last Agent to Sell the Property

Joyce Swartz

Coldwell Banker Real Estate Group Listed on: 03/25/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Alan McMahan

Coldwell Banker Real Estate Gr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,035

Year Built

  • Built in 1964

Lot Details

  • 10 Acre Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Electric Dryer Hookup
  • Partially Finished Basement

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • In Ground Pool
  • Livestock Fence

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-200-017.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,035

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1964
  • Age: 51
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 326.5 FT SE 1/4 NE 1/4 EX PT TO RD SEC 10 10 ACRES
  • Parcel Number ID: 02-03-10-200-017.000-042
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Porch Screened, Range/Oven Hook Up Elec
  • Sp Lp Percent: 95.93
  • Special Features: None

Interior Features

  • Total Sq Ft: 3145
  • Total Finished Sq Ft: 2450
  • Above Grade Finished Sq Ft: 1950
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 695
  • Basement: Yes
  • Basement Foundation: Partially Finished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 11x23, On Level: Main
  • Breakfast Room: On Level: N/A
  • Dining Room: On Level: N/A
  • Family Room: Dimensions: 19x20, On Level: Main
  • Den: On Level: N/A
  • Recreation Room: Dimensions: 22x21, On Level: Lower
  • Extra Room: On Level: N/A
  • Bedroom 1: Dimensions: 14x12, On Level: Upper
  • Bedroom 2: Dimensions: 11x12, On Level: Upper
  • Bedroom 3: Dimensions: 11x12, On Level: Upper
  • Bedroom 4: Dimensions: 8x12, On Level: Upper
  • Bedroom 5: On Level: N/A
  • Loft: On Level: N/A
  • Main Level Sq Ft: 1950
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1195

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Barn, Dimensions: 30x26
  • Pool: Below Ground
  • Pool: Yes
  • Fence: Farm
  • Outbuilding2: Shed, Dimensions: 6x6, 36

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 12xMain, On Level: 8
  • Well Size: 4 Inches
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10
  • Zoning: R-1 Residential

Tax Info

  • Annual Taxes: 3035.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2015
Closed on
Jun 25, 2015
Sold by
Mussmann David E and Mussmann Drusha E A
Bought by
Meisner Christopher S and Meisner Rachel E
Seller's Agent
Joyce Swartz
Coldwell Banker Real Estate Group
Buyer's Agent
Alan McMahan
Coldwell Banker Real Estate Gr
List Price
$299,900
Sold Price
$268,500
Premium/Discount to List
-$31,400
-10.47%
Current Estimated Value
$581,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,017
Avg. Annual Appreciation
7.60%
Original Mortgage
$255,075
Outstanding Balance
$201,383
Interest Rate
3.82%
Estimated Equity
$368,226
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
Meisner Christopher S -- Metropolitan Title Indiana L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meisner Christopher S $255,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $268,500 -10.5% $110 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $299,900 -- $122 / 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 $4,604 $465,800 $206,600 $259,200
2023 $4,604 $442,000 $191,100 $250,900
2022 $3,928 $386,900 $191,100 $195,800
2021 $3,909 $354,400 $191,100 $163,300
2020 $3,927 $346,500 $191,100 $155,400
2019 $3,407 $332,600 $191,100 $141,500
2018 $3,108 $299,600 $162,500 $137,100
2017 $3,108 $285,200 $162,500 $122,700
2016 $3,025 $276,200 $162,500 $113,700
2014 $3,035 $275,200 $162,500 $112,700
2013 $3,221 $283,000 $165,500 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201511729

Indiana Regional MLS

APN: 02-03-10-200-017.000-042