NOT LISTED FOR SALE

240 E Wayne St Spencer, IN 47460

Estimated Value: $87,000 - $111,000

2 Beds
1 Bath
670 Sq Ft
$147/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $94,500 $141 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $663/month

67 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Ceiling Fan
  • Bungalow
  • Central Air
  • Wood Fence

About This Home

As of October 2023

Lovely 2 bedroom bungalow in Spencer. Home has newer metal roof, carpet in bedrooms, paint and appliances. Covered front porch is perfect to have morning coffee and relax. Tranquil private back yard area accessible through the carport or back door of the home that also takes you to the unfinished basement where furnace and water heater are located. Washer and Dryer are included in the hallway laundry area located just outside the bathroom. This home is a great value and all it needs is YOU!

Last Agent to Sell the Property

Lisa Funkhouser

Funkhouser Real Estate & Property Manage Brokerage Phone: 812-322-0070 Listed on: 08/08/2023

Last Buyer's Agent

Lisa Funkhouser

Funkhouser Real Estate & Property Manage Brokerage Phone: 812-322-0070 Listed on: 08/08/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $344

Year Built

  • Built in 1908

Lot Details

  • 3,485 Sq Ft Lot
  • Wood Fence
  • Aluminum or Metal Fence
  • Level Lot

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Separate Shower

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Covered Patio or Porch
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-400-400.649-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$344

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1908
  • Age: 115
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Spencer PT Lot 49
  • Parcel Number ID: 60-10-20-400-400.649-028
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Countertops-Laminate, Porch Covered, Stand Up Shower
  • Investment Property: Yes
  • Location: City/Town/Suburb
  • Sp Lp Percent: 82.17
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1100
  • Total Finished Sq Ft: 670
  • Above Grade Finished Sq Ft: 670
  • Below Grade Sq Ft: 430
  • Price Per Sq Ft: 141.04
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block, Stone
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 10x8, On Level: Main
  • Bedroom 1: Dimensions: 12x10, On Level: Main
  • Bedroom 2: Dimensions: 11x8, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 430

Exterior Features

  • Exterior: Aluminum
  • Roof Material: Metal
  • Outbuilding1: None
  • Fence: Metal, Wood

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Hvac: Ceiling Fan

Schools

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

Lot Info

  • Lot Description: Level, 0-2.9999
  • Lot Dimensions: .08 Irregular
  • Estimated Lot Sq Ft: 3485
  • Estimated Lot Size Acres: 0.08

Tax Info

  • Annual Taxes: 343.96
  • Exemptions: Homestead

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Oct 17, 2023
Sold by
Sater Susan Jean
Bought by
Shiv Residence 19 Llc
Seller's Agent
Lisa Funkhouser
Funkhouser Real Estate & Property Manage
Buyer's Agent
Lisa Funkhouser
Funkhouser Real Estate & Property Manage
List Price
$125,000
Sold Price
$94,500
Premium/Discount to List
-$30,500
-24.4%
Views
215
Current Estimated Value
$98,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,297
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
May 25, 2023
Sold by
Hickman Cathy Jane
Bought by
Hickman Cathy Jane and Hickman Jean Satetaf

Purchase Details

Listed on
Jun 11, 2021
Closed on
Jul 21, 2021
Sold by
Bault Investments Llc
Bought by
Hickman Cathy Jane
Seller's Agent
Trent Keith
Keith Realty & Auction Group
List Price
$84,900
Sold Price
$64,000
Premium/Discount to List
-$20,900
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%

Purchase Details

Closed on
Mar 18, 2015
Sold by
Bault Chris L
Bought by
Bault Investments Llc

Purchase Details

Listed on
Jun 1, 2012
Closed on
Nov 12, 2012
Sold by
Federal National Mortgage Association
Bought by
Bault Chris L
Seller's Agent
Linda Dzierba
Dzierba Real Estate Services
Buyer's Agent
Rene West
West & Co., REALTORS
List Price
$37,000
Sold Price
$13,000
Premium/Discount to List
-$24,000
-64.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.97%

Purchase Details

Closed on
Feb 10, 2012
Sold by
Cooper Mavis
Bought by
Federal National Mortgage Association and Fannie Mae
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
Shiv Residence 19 Llc $94,500 None Listed On Document
Hickman Cathy Jane -- None Listed On Document
Hickman Cathy Jane -- None Available
Bault Investments Llc -- None Available
Bault Chris L $13,000 None Available
Federal National Mortgage Association $22,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cooper Mavis $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $94,500 -17.8% $141 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $115,000 -8.0% $172 / Sq Ft
08/08/2023 08/08/23 For Sale $125,000 +95.3% $187 / Sq Ft
07/21/2021 07/21/21 Sold $64,000 -14.6% $58 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
06/30/2021 06/30/21 Price Changed $74,900 -11.8% $68 / Sq Ft
06/11/2021 06/11/21 For Sale $84,900 +553.1% $77 / Sq Ft
12/03/2012 12/03/12 Sold $13,000 -64.9% $19 / Sq Ft
10/19/2012 10/19/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $37,000 -- $55 / 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 $1,482 $74,100 $6,500 $67,600
2023 $386 $68,700 $6,500 $62,200
2022 $344 $53,600 $6,500 $47,100
2021 $365 $55,200 $6,500 $48,700
2020 $1,039 $51,900 $6,500 $45,400
2019 $949 $47,400 $6,500 $40,900
2018 $893 $44,600 $6,500 $38,100
2017 $871 $43,500 $9,100 $34,400
2016 $870 $43,500 $9,100 $34,400
2014 $825 $41,200 $9,100 $32,100
2013 -- $40,900 $9,200 $31,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202328194

Indiana Regional MLS

APN: 60-10-20-400-400.649-028