NOT LISTED FOR SALE

17427 Lochner Rd Spencerville, IN 46788

Estimated Value: $193,000 - $245,983

2 Beds
1 Bath
1,119 Sq Ft
1.4 Acres

Last Sold July 16, 2020

Last sale price $139,900 $125 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,291/month

2 Days on Market

Highlights

  • Primary Bedroom Suite
  • Waterfront
  • Lake, Pond or Stream
  • Cedarville Elementary School Rated A-
  • 1.4 Acre Lot
  • Cathedral Ceiling

About This Home

As of July 2020

Here's your opportunity to be in The Leo School District, on nearly 1 1/2 Acres, with your own private fishing pond! The property provides sufficient room for all your recreational desires. If the oversized 22'x34' garage isn't enough, check out the additional 13'x20' storage shed attached behind it. With a fresh coat of paint and some new flooring, this cute house will quickly become your dream home. You will most definitely spend many evenings cooking on the grill and simply relaxing in your little oasis. Property is very peaceful and quiet, yet close enough to all desired amenities, shopping, and schools. Properties like this are a rarety. Don't delay and make your tour today! Home being sold "As-Is."

Last Agent to Sell the Property

Christopher Will

Mike Thomas Assoc., Inc Listed on: 05/20/2020

Mike Thomas Assoc., Inc

Last Buyer's Agent

Mick McMaken

American Dream Team Real Estate Brokers

American Dream Team Real Estate Brokers

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $362

Year Built

  • Built in 1950

Lot Details

  • Waterfront
  • Rural Setting

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Loft
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Water Views
  • Partially Finished Basement
  • Block Basement Construction
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Outdoor Features

  • Lake, Pond or Stream

Schools

  • Cedarville Elementary School
  • Leo Middle School
  • Leo High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Space Heater
  • Baseboard Heating
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-10-200-009.000-042

Property Details

Home Type

Condominium

Est. Annual Taxes

$362

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1950
  • Age: 70
  • Style: One and Half Story
  • Architectural Style: Lofted
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: S 150 of N 168 of E 406.65 SW 1/4 NE 1/4 Sec 10
  • Parcel Number ID: 02-03-10-200-009.000-042
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceiling Fan(s), Deck Open, Range/Oven Hook Up Elec, Main Level Bedroom Suite
  • Cross Street: Schlatter Rd
  • Location: Rural
  • Section Number: 10
  • Sp Lp Percent: 100
  • Zoning Description: Agricultural
  • County Zoning: A1
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1652
  • Total Finished Sq Ft: 1119
  • Above Grade Finished Sq Ft: 1119
  • Below Grade Sq Ft: 533
  • Price Per Sq Ft: 125.02
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 14x25, On Level: Main
  • Kitchen: Dimensions: 9x7, On Level: Main
  • Dining Room: Dimensions: 9x14, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 16x10, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 533

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Shed, Dimensions: 20x13

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 34x22
  • Garage Sq Ft: 748
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Gas, Baseboard, Space
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx6, On Level: 5
  • Water Type: Pond
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Water View
  • Lot Dimensions: 150' x 406.6'
  • Estimated Lot Sq Ft: 60990
  • Estimated Lot Size Acres: 1.4

Tax Info

  • Annual Taxes: 362
  • Exemptions: Over 65, Homestead, Supplemental

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Graber Seth
Bought by
Graber Seth and Graber Brooklyn
Current Estimated Value
$219,996

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 28, 2020
Sold by
Amstutz Jeffrey M
Bought by
Graber Seth
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.24%
Original Mortgage
$125,910
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 16, 2020
Sold by
Amstutz Max H and Amstutz Sally J
Bought by
Graber Seth
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,910
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 14, 2020
Sold by
Amsttz Jeffrey M and Amstutz Rex P
Bought by
Graber Seth
Seller's Agent
Christopher Will
Mike Thomas Assoc., Inc
Buyer's Agent
Mick McMaken
American Dream Team Real Estate Brokers
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,910
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2014
Sold by
Amstutz Max H and Amstutz Sally J
Bought by
Amstutz Jeffrey M and Amstutz Rex P
Source: Public Records

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
Graber Seth -- None Listed On Document
Graber Seth $167,460 Renaissance Title
Graber Seth $167,460 Renaissance Title
Graber Seth $139,900 Renaissance Title
Graber Seth -- Renaissance Title
Amstutz Jeffrey M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graber Seth $125,910
Previous Owner Graber Seth $125,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $139,900 0.0% $125 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $139,900 -- $125 / 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 $915 $167,500 $70,800 $96,700
2022 $816 $135,900 $64,300 $71,600
2021 $765 $124,200 $64,300 $59,900
2020 $571 $125,200 $64,300 $60,900
2019 $362 $120,100 $64,300 $55,800
2018 $421 $116,400 $58,700 $57,700
2017 $416 $110,400 $58,700 $51,700
2016 $409 $105,700 $58,700 $47,000
2014 $419 $108,600 $58,700 $49,900
2013 $415 $102,100 $58,700 $43,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202018260

Indiana Regional MLS

APN: 02-03-10-200-009.000-042