NOT LISTED FOR SALE

2181 N Us Highway 231 Spencer, IN 47460

Estimated Value: $268,000 - $288,000

3 Beds
1 Bath
1,700 Sq Ft
$162/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $84,900 $50 Per Sq Ft

Est. 225% increase in value since last sale

Current estimated payment $1,672/month

49 Days on Market

Highlights

  • RV Parking in Community
  • Wood Flooring
  • Workshop
  • Ranch Style House
  • 1 Fireplace
  • 1 Car Detached Garage

About This Home

As of March 2014

This property is perfect for light business, an investment property or as a residence. This limestone, ranch styled home features 3 bdrms, 1 bath, an office, den and deck. There is a 1 car detached garage, plus a large 32 x 38 cement block shop with 3 garage doors, all on 4.93 acres. Located only a couple of miles from Spencer and borders highway 231 N. PRICED below assessed value!!! Don't miss out on this opportunity.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 4.93 Acre Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Limestone

Interior Spaces

  • 1,700 Sq Ft Home
  • Woodwork
  • 1 Fireplace
  • Workshop
  • Wood Flooring
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

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

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-10-09-100-170.000-027

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Age: 64
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Pt SW NE 9-10-3 (0.70 Acres); Pt SE NE 9-10-3 (0.47 Acres); Pt SW NE 9-10-3 (3.29 Acres)
  • Parcel Number ID: 60-10-09-100-170.000-027
  • Platted: Yes
  • Amenities: Eat-In Kitchen, Natural Woodwork, RV Parking, Workshop
  • Grid: Spencer(OW)
  • Legal Description2: Pt SW NE & Pt SE NE 9-10-3 (0.47 Acres) for a total of 4.93 Acres
  • Location: City/Town/Suburb
  • Section Number: 9
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1700
  • Total Finished Sq Ft: 1700
  • Above Grade Finished Sq Ft: 1700
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: One
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 11x17, On Level: Main
  • Kitchen: Dimensions: 15x14, On Level: Main
  • Dining Room: Dimensions: 11x11, On Level: Main
  • Den: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 11x15, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Other Room1: Office, Dimensions: 13x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Limestone
  • Roof Material: Asphalt
  • Outbuilding1: None, Dimensions: 32x38

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 13x19
  • Garage Sq Ft: 247

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 11xMain, On Level: 10
  • Well Type: Private

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen Valley
  • High School: Owen Valley

Lot Info

  • Lot Description: Level
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 214751
  • Estimated Lot Size Acres: 4.93

Tax Info

  • Annual Taxes: 2130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2013
Closed on
Mar 28, 2014
Sold by
Riddle Barry J
Bought by
Riddle Matthew A and Riddle Lisa R
List Price
$84,900
Sold Price
$84,900
Total Days on Market
49
Current Estimated Value
$275,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,959
Avg. Annual Appreciation
10.88%

Purchase Details

Closed on
Oct 17, 2012
Sold by
Riddle Wanda J
Bought by
Riddle Barry J
Source: Public Records

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Range of Values:

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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
Riddle Matthew A -- None Available
Riddle Barry J -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2014 03/28/14 Sold $84,900 0.0% $50 / Sq Ft
02/03/2014 02/03/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $84,900 -- $50 / 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 $1,545 $205,200 $49,700 $155,500
2023 $1,542 $193,400 $49,700 $143,700
2022 $1,467 $171,500 $43,800 $127,700
2021 $1,425 $154,000 $43,800 $110,200
2020 $1,424 $156,300 $43,800 $112,500
2019 $1,340 $144,200 $35,700 $108,500
2018 $1,096 $127,300 $23,900 $103,400
2017 $1,040 $123,300 $23,900 $99,400
2016 $1,019 $123,400 $23,900 $99,500
2014 $966 $117,800 $23,900 $93,900
2013 -- $110,700 $23,900 $86,800
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201320037

Indiana Regional MLS

APN: 60-10-09-100-170.000-027