NOT LISTED FOR SALE

18318 Lochner Rd Spencerville, IN 46788

Estimated Value: $665,000 - $733,000

3 Beds
2.5 Baths
3,088 Sq Ft
$230/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $660,000 $214 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,092/month

2 Days on Market

Highlights

  • Lake Front
  • Primary Bedroom Suite
  • Fireplace in Kitchen
  • Cedarville Elementary School Rated A-
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of May 2023

WONDERFUL ENERGY EFFICIENCT HOME beautifully maintained with some major updates to the kitchen and 251 square feet enclosed porch with gas heater overlooking the pond and your rolling country views. Lots of nature frequents the property and you’ll love the serenity of the location. Located on Leo-Cedarville’s north side the property is close to some of the most desirable schools and only a few minutes to major north Fort Wayne employers, Hurshtown Reservoir, several parks (Riverside, Cedarville, and Meta), St Joe River and Cedar Creek activities, shopping, and more. The home offers an open floor plan where lots of natural light fill the great-room and main level master suite, while the walkout finished basement offers additional bedrooms and family room. The home has highly insulated 6 inch exterior wall construction, an open-loop GEO thermal HVAC system with gas available next to unit for future desires that heat and cool the home with extreme efficiency while providing a fresh water supply to the pond. Besides the 2 car attached garage, there’s a 4-car detached garage with 10 feet ceilings, 8 feet overhead door, is insulated, heated, and has massive walk-up attic storage on a separate utility meter. A hobbyist, car enthusiast, man-cave, or mechanics dream space to be sure. A 60x40 outbuilding has an all concrete floor with 14x16 feet overhead door and 16 feet ceilings that utilize overhead LED lighting. Perfect for those large vehicles, RV’s, boats, and accumulated toys! At the present time the market for this type property is quite in demand, particularly around this price point. Only 4 other properties are for sale having 2+ acres with a price range from $700,000 - $2,975,000. Thirty-two homes have sold in this area over the last 12 months with a Median 12 days on market time. Don’t procrastinate on this one if you desire a similar type property! The home, buildings, and grounds are all quite desirable. Some minor ground repairs are in process due to Fiber Optic internet cable being installed; plus the seller just removed an above ground pool with surrounding deck.

Last Agent to Sell the Property

Ken Steury

Coldwell Banker Real Estate Group Listed on: 04/11/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Vicki Topp

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,514

Year Built

  • Built in 1995

Lot Details

  • 4.51 Acre Lot
  • Lot Dimensions are 276x608x325x718
  • Lake Front
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Lot Has A Rolling Slope

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Workshop
  • Utility Room in Garage
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • 1 Bathroom in Basement

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Lake, Pond or Stream
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-02-300-003.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,514

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1995
  • Age: 28
  • Style: One Story
  • Architectural Style: Contemporary
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 4.515 Acre Tract 846.06 Ft S & 610.26 Ft E Of NW Corner SW1/4 Sec 2, T32N, R13E
  • Parcel Number ID: 02-03-02-300-003.000-042
  • Platted: Yes
  • Amenities: Attic Pull Down Stairs, Breakfast Bar, Ceiling-Cathedral, Ceiling Fan(s), Closet(s) Walk-in, Deck Open, Detector-Smoke, Disposal, Dryer Hook Up Electric, Dryer Hook Up Gas, Dryer Hook Up Gas/Elec, Foyer Entry, Garage Door Opener, Kitchen Island, Landscaped, Open Floor Plan, Pantry-Walk In, Porch Enclosed, Range/Oven Hook Up Elec, Range/Oven Hook Up Gas, Range/Oven Hk Up Gas/Elec, Split Br Floor Plan, Utility Sink, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Sump Pump, Washer Hook-Up, Custom Cabinetry, Garage Utilities
  • Cross Street: Garman Rd
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 2
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 3088
  • Above Grade Finished Sq Ft: 1600
  • Below Grade Finished Sq Ft: 1488
  • Below Grade Sq Ft: 112
  • Price Per Sq Ft: 412.5
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Kitchen, Living/Great Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Great Room: Dimensions: 23x16, On Level: Main
  • Kitchen: Dimensions: 23x12, On Level: Main
  • Dining Room: Dimensions: 23x12, On Level: Main
  • Family Room: Dimensions: 28x20, On Level: Lower
  • Extra Room: Enclosed Porch, Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 19x12, On Level: Main
  • Bedroom 2: Dimensions: 23x11, On Level: Lower
  • Bedroom 3: Dimensions: 19x11, On Level: Lower
  • Main Level Sq Ft: 1600
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1600

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Dimensional Shingles
  • Outbuilding1: Outbuilding, Dimensions: 44x32, 1408
  • Outbuilding2: Outbuilding, Dimensions: 61x41, 2501
  • Water Features: Recorded

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x22
  • Garage Sq Ft: 528
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Geothermal
  • Heating Fuel: Forced Air, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, Geothermal Hvac
  • Laundry: Dimensions: Mainx7, On Level: 13
  • Water Type: Pond
  • Well Size: 5 Inches
  • Well Type: Private

Condo/Co-op/Association

  • Association Restrictions: Yes

Schools

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

Lot Info

  • Lot Description: Rolling, Waterfront
  • Lot Dimensions: 276x608x325x718
  • Estimated Lot Sq Ft: 196674
  • Estimated Lot Size Acres: 4.515

Green Features

  • Energy Efficient: HVAC, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors

Tax Info

  • Annual Taxes: 3514.06
  • Exemptions: Geothermal, Homestead, Mortgage

Multi Family

  • Water Access: Lakefront

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
Apr 11, 2023
Closed on
May 12, 2023
Sold by
Meeks Brian C and Meeks Renee L
Bought by
Clemons Andrea M and Clemons Mark Adam
Seller's Agent
Ken Steury
Coldwell Banker Real Estate Group
Buyer's Agent
Vicki Topp
CENTURY 21 Bradley Realty, Inc
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
13
Current Estimated Value
$709,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,267
Avg. Annual Appreciation
3.06%
Original Mortgage
$448,000
Outstanding Balance
$435,867
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$273,401

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 5, 2023
Sold by
Meeks Brian C and Meeks Renee L
Bought by
Clemons Andrea M and Clemons Mark Adam
Seller's Agent
Ken Steury
Coldwell Banker Real Estate Group
Buyer's Agent
Vicki Topp
CENTURY 21 Bradley Realty, Inc
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$435,867
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$273,401

Purchase Details

Closed on
Oct 19, 2020
Sold by
Robert Stilley Thomas
Bought by
Patterson Ashley
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
Clemons Andrea M -- None Listed On Document
Clemons Andrea M $660,000 None Listed On Document
Patterson Ashley -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clemons Andrea M $448,000
Closed Clemons Andrea M $448,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $660,000 0.0% $214 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $660,000 +1.5% $214 / Sq Ft
04/11/2023 04/11/23 For Sale $650,000 -- $210 / 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 $3,989 $643,600 $112,700 $530,900
2022 $3,514 $395,000 $97,200 $297,800
2021 $3,117 $330,600 $97,200 $233,400
2020 $3,171 $327,900 $97,200 $230,700
2019 $2,817 $322,500 $97,200 $225,300
2018 $2,639 $295,300 $69,100 $226,200
2017 $2,708 $288,800 $69,100 $219,700
2016 $2,678 $285,200 $69,100 $216,100
2014 $2,634 $285,700 $69,100 $216,600
2013 $2,721 $286,600 $69,100 $217,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202310651

Indiana Regional MLS

APN: 02-03-02-300-003.000-042