NOT LISTED FOR SALE

249 W Franklin St Spencer, IN 47460

Estimated Value: $90,000 - $110,568

3 Beds
1 Bath
880 Sq Ft
$117/Sq Ft Est. Value

Last Sold February 12, 2020

Last sale price $62,000 $70 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $635/month

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to McCormick's Creek State Park
  • 1-Story Property

About This Home

As of February 2020

This 3 bedroom 1 bath has been used a rental house for the past few years. With some updates and a little TLC this could be a cozy home.

Last Agent to Sell the Property

Samantha Carver

Home Team Properties Listed on: 01/30/2020

Last Buyer's Agent

Rob Ranard

Home Team Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1940

Lot Details

  • 7,841

Home Design

  • Traditional Architecture
  • Vinyl Construction Material

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

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

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-400-400.318-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,243

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1940
  • Age: 80
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Wards add lot 4
  • Parcel Number ID: 60-10-20-400-400.318-028
  • Platted: Yes
  • Sp Lp Percent: 88.57
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 880
  • Total Finished Sq Ft: 880
  • Above Grade Finished Sq Ft: 880
  • Price Per Sq Ft: 70.45
  • Basement Foundation: Unfinished
  • Basement Material: Block
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Bedroom 1: Dimensions: 11x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 13x12, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Lowerx12, On Level: 12

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: 0-2.9999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 7841
  • Estimated Lot Size Acres: 0.18

Tax Info

  • Annual Taxes: 1243
  • Exemptions: Homestead, Mortgage

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
Jan 30, 2020
Closed on
Feb 12, 2020
Sold by
Newforth Craig L and Newforth Marcia L
Bought by
Mkg Properties Llc
Seller's Agent
Samantha Carver
Home Team Properties
Buyer's Agent
Rob Ranard
Home Team Properties
List Price
$70,000
Sold Price
$62,000
Premium/Discount to List
-$8,000
-11.43%
Current Estimated Value
$103,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,392
Avg. Annual Appreciation
7.77%
Original Mortgage
$94,400
Outstanding Balance
$76,277
Interest Rate
3.72%
Mortgage Type
Commercial
Estimated Equity
$17,625
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
Mkg Properties Llc $62,000 Title Plus
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mkg Properties Llc $94,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2020 02/12/20 Sold $62,000 -11.4% $70 / Sq Ft
01/30/2020 01/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $70,000 -- $80 / 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 $872 $43,600 $13,300 $30,300
2023 $869 $43,300 $13,300 $30,000
2022 $948 $47,100 $13,300 $33,800
2021 $887 $44,100 $13,300 $30,800
2020 $890 $44,200 $13,300 $30,900
2019 $870 $43,200 $13,300 $29,900
2018 $823 $40,800 $13,300 $27,500
2017 $802 $39,800 $12,700 $27,100
2016 $803 $39,900 $12,700 $27,200
2014 $764 $38,200 $12,700 $25,500
2013 -- $37,900 $12,700 $25,200
Source: Public Records

Agents Affiliated with this Home

  • Samantha Carver

    Seller's Agent in 2020

    Samantha Carver

    Home Team Properties

    (812) 821-6051

    41 in this area

    219 Total Sales

    Samantha Carver
    Section Image
  • Rob Ranard

    Buyer's Agent in 2020

    Rob Ranard

    Home Team Properties

    (844) 821-6051

    30 in this area

    115 Total Sales

    Rob Ranard
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 202004096

Indiana Regional MLS

APN: 60-10-20-400-400.318-028

Indiana Owen County Spencer 47460

249 W Franklin St, Spencer, IN

This home is located at 249 W Franklin St, Spencer, IN 47460 since 30 January 2020 and is currently estimated at $103,392, approximately $117 per square foot. This property was built in 1940. 249 W Franklin St is a home located in Owen County with nearby schools including Owen Valley Community High School and La Campagne Christian Prep 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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