NOT LISTED FOR SALE

1818 Forsythe Ln Spencer, IN 47460

Estimated Value: $179,000 - $369,000

4 Beds
2 Baths
1,504 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $380,000 $253 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $1,699/month

16 Days on Market

Highlights

  • Gated Parking
  • Mature Trees
  • Vaulted Ceiling
  • 13.61 Acre Lot
  • Deck
  • Pole Barn

About This Home

As of May 2024

Great opportunity for the homestead lifestyle! Nestled on 13.61 acres of picturesque land just outside of Spencer this property offers an unparalleled opportunity for those seeking both tranquility and functionality. Driving onto the property you're greeted by the charm of rural living, with rolling pastures and lush greenery stretching as far as the eye can see. The centerpiece of this property is a 1,504 sqft pole barn home, with 4 bedrooms and 2 bathrooms. Features include raised ceilings and an open floor plan, the home is warm and spacious, providing the perfect canvas for your personal touch. Kitchen, complete with a center island featuring seating for casual dining and entertaining. A mudroom with cubbies and ample storage ensures that organization is effortless, allowing you to make the most of every inch of space. But the true allure of this property lies beyond the home itself. A detached pole barn, constructed in 2021, beckons to those with hobbies or entrepreneurial aspirations. Boasting a generous 30 x 40 footprint, a 14ft overhead door, electric supply, and a sturdy concrete floor, this space is prime. For those with agricultural hobbies a livestock barn, 24 x 16, provides shelter and comfort for your furry friends, while a sprawling chicken pen, 100 x 31, ensures that your feathered companions are well-cared for. Two large pastures, measuring 180 x 200 and 160 x 200 respectively, there's ample room for livestock to roam and graze, allowing you to embrace the joys of rural living to the fullest. Don't miss your chance to experience the epitome of homestead living!

Last Agent to Sell the Property

Ryan Moriarty

Weichert, Realtors-Tralee Prop Brokerage Email: ryan@indyrealestate.com License #RB14038260 Listed on: 03/29/2024

Weichert, Realtors-Tralee Prop

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,928

Year Built

  • Built in 2007

Lot Details

  • 13.61 Acre Lot
  • Rural Setting
  • Mature Trees
  • Additional Parcels

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Tray Ceiling
  • Vaulted Ceiling
  • Paddle Fans
  • Thermal Windows
  • Vinyl Clad Windows
  • Breakfast Room
  • Attic Access Panel
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Workshop in Garage
  • Gated Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Pole Barn

Schools

  • Owen Valley Middle School
  • Owen Valley Community High School

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Well

Community Details

  • No Home Owners Association
  • Triple J Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 + 16 + 17 / Yes
  • Assessor Parcel Number 601003200100170027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,928

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Other
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 2007
  • Building Area Total: 1504
  • Garage Y N: No
  • Lot Size Acres: 13.61
  • Subdivision Name: Triple J
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: ryan@indyrealestate.com
  • Attribution Contact: ryan@indyrealestate.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Interior Amenities: Attic Access, Raised Ceiling(s), Tray Ceiling(s), Center Island, Paddle Fan, Eat-in Kitchen, Windows Thermal, Windows Vinyl, Wood Work Painted
  • Living Area: 1504
  • Main Level Bedrooms: 4
  • Other Equipment: Smoke Alarm
  • Spa Y N: No
  • Areas Interior: Laundry in Unit
  • Eating Area: Breakfast Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1504
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Aluminum Siding
  • Direction Faces: North
  • Exterior Features: Barn Pole
  • Foundation Details: Other
  • List Price: 380000
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Pool Private Y N: No
  • View Y N: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Detached, Gravel, Gated, Workshop in Garage
  • Fuel: No Fuel Source
  • Garage Parking Other: Service Door
  • Garage Sq Ft: 1360

Utilities

  • Utilities: Electricity Connected, Septic System, Well
  • Cooling: Central Electric, Heat Pump
  • Electric: 440 Volts
  • Heating: Electric, Forced Air
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Lot Features: Rural - Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels Description: 60-10-03-200-100.150-027 & 60-10-03-200-100.160-027
  • Additional Parcels: Yes
  • Horse Amenities: None
  • Lot Size Sq Ft: 592852
  • Parcel Number: 601003200100170027
  • Acres: 10-20 Acres
  • Price Acre: 27921

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 3928.44
  • Tax Block: Yes
  • Tax Lot: 15 + 16 + 17
  • Semi Annual Property Tax Amt: 1964.22
  • Tax Exemption: Homestead Tax Exemption

MLS Schools

  • High School: Owen Valley Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
May 17, 2024
Sold by
Drummond Adam R
Bought by
Hitchcock Joseph and Sexton Sarah
Seller's Agent
Ryan Moriarty
Weichert, Realtors-Tralee Prop
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$380,000
Sold Price
$380,000
Views
101
Current Estimated Value
$299,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,663
Avg. Annual Appreciation
-15.88%
Original Mortgage
$380,000
Outstanding Balance
$371,017
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
-$71,680

Purchase Details

Listed on
Jan 12, 2021
Closed on
Feb 26, 2021
Sold by
Combs Chad
Bought by
Drummond Adam R
Seller's Agent
Katrina Mullis
K.M. Real Estate, LLC
Buyer's Agent
Ryan Moriarty
Weichert, Realtors-Tralee Prop
List Price
$215,000
Sold Price
$217,500
Premium/Discount to List
$2,500
1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.92%
Original Mortgage
$174,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2010
Sold by
Schloesser Raymond E
Bought by
Kern Donald R

Purchase Details

Closed on
Mar 31, 2009
Sold by
Schloesser Raymond E
Bought by
Kern Donald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 2008
Sold by
Hammond Dennis J
Bought by
Schloesser Raymond E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.75%
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
Hitchcock Joseph -- None Listed On Document
Drummond Adam R -- None Available
Kern Donald R -- None Available
Kern Donald R $32,000 None Available
Schloesser Raymond E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hitchcock Joseph $380,000
Previous Owner Drummond Adam R $174,000
Previous Owner Kern Donald R $27,000
Previous Owner Schloesser Raymond E $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $380,000 0.0% $253 / Sq Ft
04/15/2024 04/15/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $380,000 +74.7% $253 / Sq Ft
02/26/2021 02/26/21 Sold $217,500 +1.2% $145 / Sq Ft
01/17/2021 01/17/21 Pending -- -- --
01/12/2021 01/12/21 For Sale $215,000 +65.5% $143 / Sq Ft
06/10/2016 06/10/16 Sold $129,900 0.0% $86 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
04/15/2016 04/15/16 For Sale $129,900 -- $86 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,257 $212,900 $49,300 $163,600
2023 $1,717 $205,000 $49,300 $155,700
2022 $1,737 $188,300 $43,600 $144,700
2021 $1,245 $143,900 $43,600 $100,300
2020 $1,144 $138,000 $43,600 $94,400
2019 $1,045 $126,200 $35,400 $90,800
2018 $735 $104,500 $23,700 $80,800
2017 $636 $97,500 $23,700 $73,800
2016 $342 $61,000 $23,700 $37,300
2014 $1,762 $93,400 $23,700 $69,700
2013 -- $43,400 $23,700 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21971215

MIBOR Broker Listing Cooperative®

APN: 60-10-03-200-100.170-027