NOT LISTED FOR SALE

1797 River Rd Spencer, IN 47460

Estimated Value: $232,000 - $394,469

4 Beds
2 Baths
2,264 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 23, 2018

Last sale price $125,501 $55 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $2,104/month

11 Days on Market

Highlights

  • Heavily Wooded Lot
  • Workshop
  • 2 Car Attached Garage
  • Traditional Architecture
  • Porch
  • Breakfast Bar

About This Home

As of February 2018

Nestled in seclusion, privacy and woods you will find a charming one and a half story home on 4 acres. Home features two bedrooms and a full bath on the main as well as a formal living room with fireplace, an eat in kitchen with pantry and a large family room that is attached to an enclosed sunroom that overlooks the long paved driveway. The second story has two bedrooms and a full bath. The basement is large with lots of storage space and is connected to an oversized two car attached garage. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.

Last Agent to Sell the Property

Ronita Walcott

Evergreen Real Estate & Auctions Listed on: 01/08/2018

Last Buyer's Agent

Ronita Walcott

Evergreen Real Estate & Auctions Listed on: 01/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1974

Lot Details

  • 4 Acre Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Workshop
  • Fire and Smoke Detector
  • Breakfast Bar

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 60-10-27-200-120.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 1974

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1974
  • Age: 44
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: N 1/2 NW S 27 T10 R3 4 acres |
  • Parcel Number ID: 60-10-27-200-120.000-027
  • Platted: Yes
  • Amenities: Breakfast Bar, Detector-Smoke, Porch Florida, Tub/Shower Combination, Workshop
  • Sp Lp Percent: 139.6
  • Special Features: None

Interior Features

  • Total Sq Ft: 3176
  • Total Finished Sq Ft: 2264
  • Above Grade Finished Sq Ft: 2264
  • Below Grade Sq Ft: 912
  • Price Per Sq Ft: 55.43
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Unfinished
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 21x11, On Level: Main
  • Kitchen: Dimensions: 20x11, On Level: Main
  • Family Room: Dimensions: 19x19, On Level: Main
  • Bedroom 1: Dimensions: 17x17, On Level: Upper
  • Bedroom 2: Dimensions: 13x13, On Level: Upper
  • Bedroom 3: Dimensions: 12x11, On Level: Main
  • Bedroom 4: Dimensions: 11x10, On Level: Main
  • Main Level Sq Ft: 1352
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 912

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x28
  • Garage Sq Ft: 672
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Duke Energy Indiana
  • Gas Company: Community NatGas(Spencer)
  • Cable Company: Comcast
  • Laundry: Dimensions: Basementx8, On Level: 6

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Irregular, Rolling, Slope
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 1338.84
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Feb 13, 2018
Sold by
Wells Fargo Bank N A
Bought by
Dzelme Ii Viktors Alekis
Seller's Agent
Ronita Walcott
Evergreen Real Estate & Auctions
Buyer's Agent
Ronita Walcott
Evergreen Real Estate & Auctions
List Price
$89,900
Sold Price
$125,501
Premium/Discount to List
$35,601
39.6%
Current Estimated Value
$342,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,077
Avg. Annual Appreciation
14.42%
Original Mortgage
$98,800
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2017
Sold by
Hobbs Sam Ii

Purchase Details

Listed on
Jan 21, 2013
Closed on
Apr 30, 2013
Sold by
Bennett Phyllis D
Bought by
Oliver Paul B and Oliver Melissa K
Seller's Agent
Beth Neeley
Down Home Real Est & Auction
Buyer's Agent
Melissa Carrell
List Price
$174,900
Sold Price
$167,500
Premium/Discount to List
-$7,400
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Pedigo Steven K and Pedigo Rebecca J
Bought by
Bennett John F and Bennett Phyllis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dzelme Ii Viktors Alekis $123,501 Orange Coast Lender Services
-- $125,000 --
Wells Fargo Bank N A $124,960 None Available
Oliver Paul B $167,500 --
Bennett John F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dzelme Viktors Alekis $220,000
Closed Dzelme Ii Viktors Alekis $98,800
Previous Owner Bennett John F $125,000
Previous Owner Bennett John F $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $125,501 +39.6% $55 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $89,900 -46.3% $40 / Sq Ft
04/30/2013 04/30/13 Sold $167,500 -4.2% $53 / Sq Ft
01/21/2013 01/21/13 For Sale $174,900 -- $55 / 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 $2,738 $342,200 $45,000 $297,200
2023 $2,856 $327,400 $45,000 $282,400
2022 $2,886 $293,400 $41,000 $252,400
2021 $2,953 $268,000 $41,000 $227,000
2020 $2,636 $249,900 $41,000 $208,900
2019 $1,292 $148,100 $32,000 $116,100
2018 $1,052 $167,400 $22,000 $145,400
2017 $1,369 $153,700 $22,000 $131,700
2016 $1,339 $153,700 $22,000 $131,700
2014 $1,348 $151,700 $22,000 $129,700
2013 -- $141,900 $22,000 $119,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201801020

Indiana Regional MLS

APN: 60-10-27-200-120.000-027