NOT LISTED FOR SALE

17802 Markel Rd Spencerville, IN 46788

Estimated Value: $501,000 - $550,000

3 Beds
2.5 Baths
3,845 Sq Ft
$138/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $228,000 $59 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,108/month

15 Days on Market

Highlights

  • Above Ground Pool
  • Cathedral Ceiling
  • Walk-In Pantry
  • Cedarville Elementary School Rated A-
  • Covered Patio or Porch
  • 4 Car Detached Garage

About This Home

As of October 2015

Escape the city and never leave Home! Room to roam and expand in this 3900 sq ft, 3 bedroom 2 ½ bath geothermal Ranch on a full finished basement with nearly 4 acres. Start your days out right from the Master bedroom retreat featuring trey ceiling lighting, walk in closet, jetted garden tub, large picture window, and separate walk in shower. Enjoy daily cooking and entertaining in the open concept chef’s kitchen with breakfast bar, stainless appliances and dining area that leads to the Cathedral ceiling living room featuring a custom built entertainment center and access to the deck partially surrounding the above ground pool. Relax and unwind in the Den/Office with glass French doors that makes a great home office,homework area,reading room or take in a game in the lower level theatre area and rec room that share a bar area plumbed for sink and fridge. Two additional rooms in the basement could easily be finished into bedrooms. Bring the horses as the 48 x 32 metal pole barn contains 3 complete stalls that compliment the 1.5 acres of fenced pasture area, has electricity, water and plenty of room for equipment and/or workshop. Car enthusiast or hobbyist will love the 40 x 30 detached garage. All this with the benefit of award winning Leo schools, come see why this house should be your next Home!

Last Agent to Sell the Property

Brian Kuhns

Coldwell Banker Real Estate Group Listed on: 08/28/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Robert Muller

Hometown Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 2007

Lot Details

  • 4 Acre Lot
  • Lot Dimensions are 272 x 609
  • Lot Has A Rolling Slope

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Natural lighting in basement
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Garden Bath

Outdoor Features

  • Above Ground Pool
  • Covered Patio or Porch

Schools

  • Leo Elementary And Middle School
  • Leo High School

Farming

  • Pasture

Utilities

  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • Community Pool

Listing and Financial Details

  • Assessor Parcel Number 02-04-09-300-006.000-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,103

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Style: One Story
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: E 272.30 of W 1988.74 of N 607.86ft SW 1/4 Sec 9 |
  • Parcel Number ID: 02-04-09-300-006.000-062
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceiling-Cathedral, Ceiling-Tray, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Disposal, Dryer Hook Up Electric, Garage Door Opener, Jet/Garden Tub, Pantry-Walk In, Porch Covered, Range/Oven Hook Up Elec, Jack & Jill Bath
  • Cross Street: Bull Rapids Rd
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 4090
  • Total Finished Sq Ft: 3845
  • Above Grade Finished Sq Ft: 2045
  • Below Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 245
  • Basement: Yes
  • Basement Foundation: Daylight
  • Living Great Room: Dimensions: 18x16, On Level: Main
  • Kitchen: Dimensions: 15x10, On Level: Main
  • Dining Room: Dimensions: 12x10, On Level: Main
  • Family Room: Dimensions: 20x20, On Level: Lower
  • Den: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 25x20, On Level: Lower
  • Extra Room: Bar, Dimensions: 12x10, On Level: Lower
  • Bedroom 1: Dimensions: 16x14, On Level: Main
  • Bedroom 2: Dimensions: 12x10, On Level: Main
  • Bedroom 3: Dimensions: 12x10, On Level: Main
  • Bedroom 4: Dimensions: 14x13, On Level: Lower
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2045

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Horse Facilities, Dimensions: 48x32
  • Pool: Above Ground
  • Pool: Yes

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 40x30
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 6
  • Well Type: Private

Schools

  • Elementary School: Leo

Lot Info

  • Lot Description: Rolling, 3-5.9999, Pasture
  • Lot Dimensions: 272 x 609
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 2103.2
  • Exemptions: Geothermal, Homestead

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
Jun 18, 2021
Sold by
Lengacher David L and Lengacher Anna Kathryn
Bought by
Eicher William E and Steury Dena J
Current Estimated Value
$532,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$317,836
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$214,234

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 16, 2015
Sold by
Zink Jeffrey J and Zink Maureen E
Bought by
Lengacher David L and Lengacher Kathryn
Seller's Agent
Brian Kuhns
Coldwell Banker Real Estate Group
Buyer's Agent
Robert Muller
Hometown Realty
List Price
$234,900
Sold Price
$228,000
Premium/Discount to List
-$6,900
-2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.64%
Original Mortgage
$184,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2007
Sold by
C Yoder & Sons Llc
Bought by
Zink Jeffrey J and Zink Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,560
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2005
Sold by
Deutsche Bank National Trust Co
Bought by
C Yoder & Sons Llc

Purchase Details

Closed on
Nov 22, 2004
Sold by
Rose Tracy J and Buchanan Tracy J
Bought by
Deutsche Bank National Trust Co and Ucfc Loan Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Eicher William E $380,000 Metropolitan Title Of In
Lengacher David L -- None Available
Zink Jeffrey J -- Lawyers Title
C Yoder & Sons Llc -- Investors Titlecorp
Deutsche Bank National Trust Co $74,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eicher William E $350,000
Previous Owner Lengacher David L $184,000
Previous Owner Zink Jeffrey J $223,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $228,000 -2.9% $59 / Sq Ft
09/12/2015 09/12/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $234,900 -- $61 / 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
2025 $3,951 $425,500 $62,300 $363,200
2024 $3,546 $421,700 $62,300 $359,400
2022 $3,200 $374,400 $62,300 $312,100
2021 $2,733 $307,200 $62,300 $244,900
2020 $2,765 $300,800 $62,300 $238,500
2019 $2,367 $287,600 $62,300 $225,300
2018 $2,176 $255,300 $62,300 $193,000
2017 $2,198 $247,400 $63,600 $183,800
2016 $2,085 $233,000 $63,600 $169,400
2014 $2,103 $255,500 $63,600 $191,900
2013 $2,045 $250,100 $63,600 $186,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201541274

Indiana Regional MLS

APN: 02-04-09-300-006.000-062