NOT LISTED FOR SALE

18948 Lochner Rd Spencerville, IN 46788

Estimated Value: $428,000 - $734,851

4.89 Acres
$128,748 Price per Acre
213,139 Sq Ft Lot

Last Sold August 30, 2012

Last sale price $60,000

Est. 950% increase in value since last sale

Current estimated payment $3,792/month

77 Days on Market

About This Lot

As of August 2012

This home is located at 18948 Lochner Rd, Spencerville, IN 46788 since 20 April 2012 and is currently estimated at $629,963. 18948 Lochner Rd is a home located in Allen County with nearby schools including Leo Elementary School, Cedarville Elementary School, and Leo Junior/Senior High School.

Last Agent to Sell the Property

Robert Ashley

Mike Thomas Assoc., Inc Listed on: 04/20/2012

Mike Thomas Assoc., Inc

Co-Listed By

Robert Fisher

Mike Thomas Assoc., Inc

Last Buyer's Agent

Kedric Koeppe

CENTURY 21 Bradley Realty, Inc

CENTURY 21 Bradley Realty, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $890

Lot Details

  • 4.89 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Schools

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

Utilities

  • Propane
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 020302100009001042

Property Details

Property Type

Land

Est. Annual Taxes

$890

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: 4.893 A TR 1166.89 FT S OF NW CORNER 1/4 SEC 2 |
  • Parcel Number ID: 020302100009001042
  • Platted: Yes
  • Cross Street: County Rd 72
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Section Number: 2
  • Sp Lp Percent: 95.39
  • State Id: 02-03-02-100-009.001-042
  • Parcel Description: Level
  • Can Be Subdivided: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Well
  • Electricity Type: Available
  • Fuel Type: Propane
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 4.893 acres
  • Estimated Lot Sq Ft: 213139
  • Estimated Lot Size Acres: 4.893
  • Easements: Yes

Tax Info

  • Annual Taxes: 889.72

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 20, 2012
Closed on
Aug 30, 2012
Sold by
Reighter Mathew A and Reighter Lisa M
Bought by
Strong Kevin G and Strong Rachel
Seller's Agent
Robert Ashley
Mike Thomas Assoc., Inc
Buyer's Agent
Kedric Koeppe
CENTURY 21 Bradley Realty, Inc
List Price
$62,900
Sold Price
$60,000
Premium/Discount to List
-$2,900
-4.61%
Current Estimated Value
$629,963

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,963
Avg. Annual Appreciation
19.26%
Original Mortgage
$258,354
Interest Rate
3.52%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Strong Kevin G -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Strong Kevin G $258,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2012 08/30/12 Sold $60,000 -4.6% --
07/06/2012 07/06/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $62,900 -- --
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 $5,437 $623,200 $116,200 $507,000
2023 $5,432 $597,600 $99,900 $497,700
2022 $4,520 $501,900 $100,000 $401,900
2021 $4,006 $415,000 $100,000 $315,000
2020 $3,990 $404,000 $100,000 $304,000
2019 $3,694 $409,000 $100,000 $309,000
2018 $3,490 $378,800 $71,000 $307,800
2017 $3,143 $345,000 $71,000 $274,000
2016 $3,107 $340,200 $71,000 $269,200
2014 $2,851 $373,800 $71,000 $302,800
2013 $3,419 $366,900 $71,000 $295,900
Source: Public Records

Agents Affiliated with this Home

  • Robert Ashley

    Seller's Agent in 2012

    Robert Ashley

    Mike Thomas Assoc., Inc

    (260) 444-7174

    63 Total Sales

    Robert Ashley
    Section Image
  • Robert Fisher

    Seller Co-Listing Agent in 2012

    Robert Fisher

    Mike Thomas Assoc., Inc

    (260) 437-4866

    86 Total Sales

    Robert Fisher
    Section Image
  • Kedric Koeppe

    Buyer's Agent in 2012

    Kedric Koeppe

    CENTURY 21 Bradley Realty, Inc

    (260) 433-3300

    70 Total Sales

    Kedric Koeppe
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201204367

Indiana Regional MLS

APN: 02-03-02-100-009.001-042

Indiana Allen County Spencerville 46788

18948 Lochner Rd, Spencerville, IN

This home is located at 18948 Lochner Rd, Spencerville, IN 46788 since 20 April 2012 and is currently estimated at $629,963. 18948 Lochner 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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