NOT LISTED FOR SALE

18320 Lochner Rd Spencerville, IN 46788

Estimated Value: $642,777 - $775,000

4 Beds
4 Baths
3,980 Sq Ft
$177/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $395,000 $99 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,318/month

165 Days on Market

Highlights

  • Whirlpool Bathtub
  • Corner Lot
  • 2 Car Attached Garage
  • Cedarville Elementary School Rated A-
  • Fireplace
  • In-Law or Guest Suite

About This Home

As of February 2015

This executive country home is beautiful, large & immaculate with stocked pond and mature perennial gardens on almost 4 acres. Walk-out lower level with private entrance and potential in-law or nanny suite. Sunny & bright throughout the finished 3,980 sq. ft. on all 3 levels, 4 bedrooms, 4 baths, den/office off main front entrance, bonus room above garage, family room in lower level, formal living room, dining room, large sunny breakfast nook, along with hickory floors and custom cabinetry. The roof, vents, flashing & waterproofing were updated in 2013. The huge 40x64 (2560 sq. ft.) pole building with cement floors was previously used for business purposes. It has three 15' overhead doors with a pull-through set up and 200 amp service with water hookup. Sale includes: Refrigerator, Stove, washer, dryer, water softer, reverse osmosis.

Last Listed By

Nicole Jannings

American Dream Team Real Estate Brokers Listed on: 08/22/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,021

Year Built

  • Built in 1998

Lot Details

  • 3.75 Acre Lot
  • Lot Dimensions are 366x417
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Disposal
  • Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • Whirlpool Bathtub
  • Garden Bath

Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Schools

  • Leo Elementary And Middle School
  • Leo High School

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 02-03-02-300-007.000-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,021

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Age: 17
  • Style: Two Story
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 2
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: S 417.37 of N 1312.97 of E 366 of W 976.26 Ft SW 1/4 Sec 2 |
  • Parcel Number ID: 02-03-02-300-007.000-042
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Disposal, Dryer Hook Up Electric, Garden Tub, Jet Tub, Guest Quarters, Split Br Floor Plan
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 98.04
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 3980
  • Total Finished Sq Ft: 3980
  • Above Grade Finished Sq Ft: 2900
  • Below Grade Finished Sq Ft: 1080
  • Price Per Sq Ft: 136.21
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement
  • Fireplace: Family Rm
  • Fireplace: Yes
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Breakfast Room: Dimensions: 11x9, On Level: Main
  • Dining Room: Dimensions: 15x13, On Level: Main
  • Family Room: Dimensions: 34x20, On Level: Main
  • Den: Dimensions: 12x11, On Level: Main
  • Recreation Room: Dimensions: 25x12, On Level: Upper
  • Bedroom 1: Dimensions: 18x13, On Level: Main
  • Bedroom 2: Dimensions: 16x13, On Level: Upper
  • Bedroom 3: Dimensions: 20x12, On Level: Upper
  • Bedroom 4: Dimensions: 12x11, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1080

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Outbuilding, Dimensions: 40x64

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx6, On Level: 7
  • Well Size: Unknown
  • 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: Corner
  • Lot Dimensions: 366x417
  • Estimated Lot Sq Ft: 152591
  • Estimated Lot Size Acres: 3.75
  • Lot Number: 6

Tax Info

  • Annual Taxes: 3020.84

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
Oct 19, 2020
Sold by
Robert Stilley Thomas
Bought by
Patterson Ashley
Total Days on Market
165
Current Estimated Value
$703,592

Purchase Details

Listed on
Aug 22, 2014
Closed on
Feb 25, 2015
Sold by
Danley Christine C
Bought by
Reynolds Jason A and Reynolds Lori A
Seller's Agent
Nicole Jannings
American Dream Team Real Estate Brokers
Buyer's Agent
Frank Shepler
CENTURY 21 Bradley Realty, Inc
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.52%
Original Mortgage
$220,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2004
Sold by
Holt Spencer Kent and Holt Jo Lynn S
Bought by
Danley Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

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
Patterson Ashley -- None Listed On Document
Reynolds Jason A -- Metropolitan Title Of In
Danley Christine C -- Three Rivers Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Jason A $195,000
Previous Owner Reynolds Jason A $220,000
Previous Owner Danley Christine C $25,000
Previous Owner Danley Christine C $283,000
Previous Owner Danley Christine C $282,000
Previous Owner Danley Christine C $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2015 02/27/15 Sold $395,000 0.0% $99 / Sq Ft
02/03/2015 02/03/15 Pending -- -- --
08/22/2014 08/22/14 For Sale $395,000 -- $99 / 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 $5,000 $633,700 $101,300 $532,400
2023 $5,000 $561,200 $88,000 $473,200
2022 $3,915 $444,900 $88,000 $356,900
2021 $3,906 $413,800 $88,000 $325,800
2020 $3,838 $398,400 $88,000 $310,400
2019 $3,375 $389,500 $88,000 $301,500
2018 $3,269 $368,400 $63,000 $305,400
2017 $3,368 $363,300 $63,000 $300,300
2016 $3,364 $362,200 $63,000 $299,200
2014 $3,098 $337,700 $63,000 $274,700
2013 $3,109 $331,300 $63,000 $268,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201437484

Indiana Regional MLS

APN: 02-03-02-300-007.000-042