2626 Timber Ln Spencer, IN 47460
3
Beds
2.5
Baths
2,213
Sq Ft
5
Acres
Highlights
- Primary Bedroom Suite
- Ranch Style House
- Workshop
- ENERGY STAR Certified Homes
- Partially Wooded Lot
- Community Fire Pit
About This Home
As of July 2024This Amish built home features custom cabinetry, an open floor plan, 3 bedrooms 2.5 baths and a home office. The unfinished basement provides the opportunity to create your own space and is plumbed for an additional bathroom. In 2019 Whole Sun Designs installed solar panels, inverter and battery system. Lower electric bills, security of a power backup if there is an outage with this renewable energy is a plus! Included in the sale is the equipment for Starlink satellite system providing high speed internet and streaming services. A Hi Boost cell phone antennae is also installed. The home is minutes to McCormicks Creek State Park, west side of Bloomington and Crane Naval Base. Assumable loan with low interest rate can help keep payments reasonable with the well built home. Private back deck is ideal for enjoying the nature of the surrounding wooded 5 acres.
Last Agent to Sell the Property
Jason Millican Group Brokerage Phone: 317-372-9999 Listed on: 02/23/2024
Last Buyer's Agent
Jason Millican Group Brokerage Phone: 317-372-9999 Listed on: 02/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,076
Year Built
- Built in 2010
Lot Details
- 5 Acre Lot
- Rural Setting
- Landscaped
- Sloped Lot
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
- Gravel Driveway
Home Design
- Ranch Style House
- Asphalt Roof
Interior Spaces
- <<energyStarQualifiedWindowsToken>>
- Living Room with Fireplace
- Workshop
- Electric Oven or Range
- Electric Dryer Hookup
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Walk-In Closet
- <<tubWithShowerToken>>
- Garden Bath
Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
- ENERGY STAR Certified Homes
Schools
- Mccormicks Creek Elementary School
- Owen Valley Middle School
- Owen Valley High School
Utilities
- Central Air
- High-Efficiency Furnace
- Heat Pump System
- Well
- ENERGY STAR Qualified Water Heater
- Septic System
Community Details
- Community Fire Pit
Listing and Financial Details
- Assessor Parcel Number 60-17-26-200-120.112-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 23, 2024
Closed on
Sep 18, 2024
Sold by
Jones Tami D
Bought by
Jones Tami D and Turner Luanne
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$465,000
Sold Price
$436,000
Premium/Discount to List
-$29,000
-6.24%
Views
93
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,566
Avg. Annual Appreciation
1.36%
Original Mortgage
$176,100
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 23, 2024
Closed on
Jul 29, 2024
Sold by
Brower William W and Brower Kalynn
Bought by
Jones Tami D
Seller's Agent
Jason Millican
Jason Millican Group
Buyer's Agent
Jason Millican
Jason Millican Group
List Price
$465,000
Sold Price
$436,000
Premium/Discount to List
-$29,000
-6.24%
Views
93
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,100
Interest Rate
6.87%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 11, 2019
Closed on
Feb 28, 2019
Sold by
Adkins Heath L and Snow Leah M
Bought by
Brower William W and Brower Karen L
List Price
$299,990
Sold Price
$275,000
Premium/Discount to List
-$24,990
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$200,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 8, 2011
Sold by
Adkins Heath L
Bought by
Adkins Heath L and Snow Leah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,800
Interest Rate
4.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 11, 2008
Sold by
Adkins Gary Lee and Adkins Janice Elaine
Bought by
Adkins Heath L
Similar Homes in Spencer, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | First American Title | |
| Warranty Deed | $436,000 | First American Title | |
| Warranty Deed | $275,000 | John Bethell Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $176,100 | New Conventional | |
| Previous Owner | $122,000 | New Conventional | |
| Previous Owner | $221,000 | VA | |
| Previous Owner | $22,490 | Credit Line Revolving | |
| Previous Owner | $200,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $168,800 | New Conventional | |
| Previous Owner | $168,800 | New Conventional | |
| Previous Owner | $172,000 | New Conventional | |
| Previous Owner | $172,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2024 07/30/24 | Sold | $436,000 | -6.2% | $197 / Sq Ft |
| 02/23/2024 02/23/24 | For Sale | $465,000 | +69.1% | $210 / Sq Ft |
| 02/28/2019 02/28/19 | Sold | $275,000 | -8.3% | $137 / Sq Ft |
| 02/11/2019 02/11/19 | For Sale | $299,990 | -- | $149 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $3,084 | $440,500 | $44,000 | $396,500 |
| 2023 | $2,883 | $408,500 | $44,000 | $364,500 |
| 2022 | $3,166 | $392,300 | $44,000 | $348,300 |
| 2021 | $2,982 | $338,500 | $44,000 | $294,500 |
| 2020 | $2,670 | $320,600 | $32,000 | $288,600 |
| 2019 | $2,478 | $289,900 | $25,000 | $264,900 |
| 2018 | $2,753 | $278,100 | $17,000 | $261,100 |
| 2017 | $2,036 | $220,200 | $17,000 | $203,200 |
| 2016 | $1,967 | $213,600 | $17,000 | $196,600 |
| 2014 | $1,948 | $212,200 | $17,000 | $195,200 |
| 2013 | -- | $210,100 | $17,000 | $193,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Millican
Seller's Agent in 2024
Jason Millican
Jason Millican Group
(317) 372-9999
119 Total Sales
-
Jake Zinman
J
Seller Co-Listing Agent in 2024
Jake Zinman
Jason Millican Group
(812) 333-0550
8 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202405830
APN: 60-17-26-200-120.112-016
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