NOT LISTED FOR SALE

18035 Cuba Rd Spencerville, IN 46788

Estimated Value: $688,000 - $999,095

3 Beds
2.5 Baths
3,400 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $1,700,000 $500 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $5,748/month

27 Days on Market

Highlights

  • 15.89 Acre Lot
  • 2 Car Attached Garage
  • Central Air
  • Cedarville Elementary School Rated A-
  • Pasture
  • Level Lot

About This Home

As of January 2022

Property to Be offered at Public Auction on July 26, 2021 @ 6:00 p.m. Property will be offered in individual tracts, combination of tracts, and the entirety. Multi Parcel Bidding System to be utilized. Tract #1: Country setting and paved Road for this tastefully updated 3 bed 2 bath Home with an attached 3,800 Sq ft garage. Property offers 4 +/- Acres so you are sure to consider a hobby farm. Central Air and Heating. Huge horse barn, Hoop barn, Company shed with man cave, and Fencing. Nice Set of buildings that should last you a lifetime with minimal updates. Come to the Country, its crowded in town!! Tract #2: 2 +/- Acres * Income Producing Rental Home * Very Nice setting Tract #3: Poultry Building and 10 Acres. Rare opportunity! Become a Chicken Farmer for pennies on the dollar. ONLY 2 yr. old building. Income from this setup will make your payment for the other 2 Tracts in the Auction. There is also some state of the Art equipment included in the Poultry Tract sale.

Last Agent to Sell the Property

Delmar Wagler

Integrity Realty Group LLC Listed on: 06/29/2021

Last Buyer's Agent

Delmar Wagler

Integrity Realty Group LLC Listed on: 06/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,792

Year Built

  • Built in 1998

Lot Details

  • 15.89 Acre Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Siding
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Leo Elementary And Middle School
  • Leo High School

Farming

  • Pasture

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-04-06-400-011.000-062

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,792

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 23
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: S 538.46 of SE 1/4 E of RR r/w Sec 6
  • Parcel Number ID: 02-04-06-400-011.000-062
  • Platted: Yes
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 4630
  • Total Finished Sq Ft: 3400
  • Above Grade Finished Sq Ft: 1400
  • Below Grade Finished Sq Ft: 2000
  • Above Grade Unfinished Sq Ft: 1230
  • Price Per Sq Ft: 1214.29
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Bedroom 1: Dimensions: 20x13, On Level: Main
  • Bedroom 2: Dimensions: 16x13, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 2000

Exterior Features

  • Exterior: Shingle, Stone, Vinyl
  • Outbuilding1: Barn, Dimensions: 70x34

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 76x50
  • Garage Sq Ft: 3800
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Level, Pasture
  • Lot Dimensions: 15.8900 Acres
  • Estimated Lot Sq Ft: 692168
  • Estimated Lot Size Acres: 15.89

Tax Info

  • Annual Taxes: 7792
  • Total Assessed Value: 608700

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jan 21, 2022
Sold by
Lengacher Amos L and Lengacher Ann Mary
Bought by
Lengacher Menno C
Seller's Agent
Delmar Wagler
Integrity Realty Group LLC
Buyer's Agent
Delmar Wagler
Integrity Realty Group LLC
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$843,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$856,452
Avg. Annual Appreciation
-17.30%
Original Mortgage
$600,000
Interest Rate
1.1%

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jan 14, 2022
Sold by
Lengacher Amos L and Lengacher Mary Ann
Bought by
Lengacher Menno C
Seller's Agent
Delmar Wagler
Integrity Realty Group LLC
Buyer's Agent
Delmar Wagler
Integrity Realty Group LLC
List Price
$1,700,000
Sold Price
$1,700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1.1%

Purchase Details

Closed on
Oct 17, 2016
Sold by
Graber Emanuel E and Graber Susann
Bought by
Lengacher Amos L and Lengacher Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,051,000
Interest Rate
3.44%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 22, 2013
Sold by
Peters Gary
Bought by
Graber Emanuel E and Graber Susann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,234
Interest Rate
3.38%
Mortgage Type
New Conventional
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
Lengacher Menno C $1,700,000 Meridian Title
Lengacher Menno C -- Meridian Title
Lengacher Amos L -- None Available
Graber Emanuel E -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lengacher Menno C $600,000
Open Lengacher Menno C $1,130,000
Closed Lengacher Menno C $1,130,000
Previous Owner Lengacher Amos L $1,051,000
Previous Owner Graber Emanuel E $411,234
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2022 01/18/22 Sold $1,700,000 +1699900.0% $500 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
06/30/2021 06/30/21 Price Changed $100 -100.0% $0 / Sq Ft
06/29/2021 06/29/21 For Sale $1,700,000 -- $500 / 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 $15,311 $900,300 $108,400 $791,900
2023 $10,843 $884,400 $104,000 $780,400
2022 $9,563 $800,300 $99,300 $701,000
2021 $8,865 $697,000 $96,900 $600,100
2020 $7,792 $608,700 $96,800 $511,900
2019 $6,794 $586,300 $99,500 $486,800
2018 $1,934 $226,000 $50,000 $176,000
2017 $1,933 $217,900 $50,000 $167,900
2016 $1,842 $204,800 $50,000 $154,800
2014 $3,606 $206,900 $50,000 $156,900
2013 $1,921 $207,700 $50,000 $157,700
Source: Public Records

Agents Affiliated with this Home

  • Delmar Wagler

    Seller's Agent in 2022

    Delmar Wagler

    Integrity Realty Group LLC

    (812) 787-2683

    338 Total Sales

    Delmar Wagler
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Map

Source: Indiana Regional MLS

MLS Number: 202125430

Indiana Regional MLS

APN: 02-04-06-400-011.000-062

Indiana Allen County Spencerville 46788

18035 Cuba Rd, Spencerville, IN

This home is located at 18035 Cuba Rd, Spencerville, IN 46788 since 29 June 2021 and is currently estimated at $843,548, approximately $248 per square foot. This property was built in 1998. 18035 Cuba Rd is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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