NOT LISTED FOR SALE

2438 W Porter Ridge Rd Spencer, IN 47460

Estimated Value: $509,558 - $718,000

5 Beds
2 Baths
4,872 Sq Ft
$119/Sq Ft Est. Value

Last Sold May 01, 2018

Last sale price $293,000 $60 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,311/month

18 Days on Market

Highlights

  • 10.15 Acre Lot
  • Western Architecture
  • Horse or Livestock Barn
  • Wood Burning Stove
  • Woodwork
  • Forced Air Heating and Cooling System

About This Home

As of May 2018

Horseman's Paradise!! Beautiful log cabin on 10+ acres with full basement ready to finish in the way you choose. Home has 2 bedrooms on main level with 3 bedrooms upstairs. There is no way you can describe or take pictures to see everything!! You have to see to believe how it is decorated and how good it looks. It has nice 3 bay detached garage with wood stove that can be used for heat and heating water if you choose. It has a complete gas furnace if you don't want to bother with wood. The 4 stall horse barn has hay loft and tack room. Pond on the property also. Call for appointment and you will be pleasantly surprised.

Last Agent to Sell the Property

Vern Keith

Keith Realty & Auction Group License #RB14048448 Listed on: 03/15/2018

Last Buyer's Agent

Laura Vermillion

Carpenter, REALTORS®

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 2009

Lot Details

  • 10.15

Parking

  • Garage

Home Design

  • Western Architecture
  • Log Cabin
  • Block Foundation

Interior Spaces

  • 1.5-Story Property
  • Woodwork
  • Wood Burning Stove
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Septic Tank

Additional Features

  • 10.15 Acre Lot
  • Horse or Livestock Barn

Listing and Financial Details

  • Assessor Parcel Number 601636200130001017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Log, Western
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 2009
  • Garage Y N: Yes
  • Lot Size Acres: 10.151
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: Horseman's Paradise!! Beautiful log cabin on 10+ acres with full basement ready to finish in the way you choose. Home has 2 bedrooms on main level with 3 bedrooms upstairs. There is no way you can describe or take pictures to see everything!! You have to see to believe how it is decorated and how good it looks. It has nice 3 bay detached garage with wood stove that can be used for heat and heating water if you choose. It has a complete gas furnace if you don't want to bother with wood. The 4 stall horse barn has hay loft and tack room. Pond on the property also.
  • Transaction Type: Sale
  • Website: https://keithrealty.net/
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Full
  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Wood Work Stained
  • Living Area: 4872
  • Other Equipment: Not Applicable
  • Room Count: 8
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 3336
  • Main Level Sq Ft: 1800
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 4872
  • Below Grade Sq Ft: 1536
  • Upper Level Sq Ft: 1536
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse
  • Foundation Details: Block
  • List Price: 297000
  • Association Maintained Building Exterior: 0
  • Porch: Open Patio,Covered Porch

Garage/Parking

  • Fuel: Electric,Gas
  • Garage Parking Description: 3 Car Detached
  • Num Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air, Wood Stove
  • Water Source: Well
  • Solid Waste: 0
  • Utility Options: Gas Connected
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 601636200130001017
  • Acres: 10-20 Acres
  • Lot Number: N/A
  • Lot Size: 442178

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2544
  • Semi Annual Property Tax Amt: 1272
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2018
Closed on
May 1, 2018
Sold by
Brad Trimble
Bought by
Alen Fox Brent
Seller's Agent
Vern Keith
Keith Realty & Auction Group
Buyer's Agent
Laura Vermillion
Carpenter, REALTORS®
List Price
$329,000
Sold Price
$293,000
Premium/Discount to List
-$36,000
-10.94%
Current Estimated Value
$579,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,640
Avg. Annual Appreciation
9.55%
Original Mortgage
$287,693
Outstanding Balance
$252,364
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$327,276
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
Alen Fox Brent $293,000 --
Frox Brent Alan $293,000 Languell Abstract & Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frox Brent Alan $287,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2018 05/01/18 Sold $293,000 0.0% $88 / Sq Ft View Prior Sale
05/01/2018 05/01/18 Sold $293,000 -1.3% $60 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
04/03/2018 04/03/18 Pending -- -- --
03/22/2018 03/22/18 Price Changed $297,000 -9.7% $61 / Sq Ft
03/15/2018 03/15/18 For Sale $329,000 0.0% $68 / Sq Ft
01/05/2018 01/05/18 For Sale $329,000 -- $99 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,959 $387,600 $25,400 $362,200
2023 $2,970 $369,600 $24,500 $345,100
2022 $3,333 $359,100 $23,600 $335,500
2021 $2,714 $265,400 $23,100 $242,300
2020 $2,645 $263,700 $23,100 $240,600
2019 $2,526 $243,400 $19,300 $224,100
2018 $2,601 $245,900 $19,200 $226,700
2017 $2,574 $243,500 $19,700 $223,800
2016 $2,543 $239,000 $19,900 $219,100
2014 $2,616 $245,900 $20,000 $225,900
2013 -- $257,700 $19,500 $238,200
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vern Keith

    Keith Realty & Auction Group

    (812) 821-1211

    30 Total Sales

    Vern Keith
    Section Image

  • S

    Buyer's Agent in 2018

    SB NonMember

    NonMember SB

    667 Total Sales

    SB NonMember
    Section Image

  • L

    Buyer's Agent in 2018

    Laura Vermillion

    Carpenter, REALTORS®

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21551582

MIBOR Broker Listing Cooperative®

APN: 60-16-36-200-130.001-017

Indiana Owen County Spencer 47431

2438 W Porter Ridge Rd, Spencer, IN

This home is located at 2438 W Porter Ridge Rd, Spencer, IN 47460 since 15 March 2018 and is currently estimated at $579,640, approximately $118 per square foot. This property was built in 2009. 2438 W Porter Ridge Rd is a home located in Owen County with nearby schools including Owen Valley Community 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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