NOT LISTED FOR SALE

2655 Timber Ln Spencer, IN 47460

Estimated Value: $300,000 - $397,000

5 Beds
2 Baths
2,300 Sq Ft
$153/Sq Ft Est. Value

Last Sold October 02, 2012

Last sale price $75,000 $33 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $2,199/month

97 Days on Market

Highlights

  • RV Parking in Community
  • Pole House Architecture
  • Covered Deck
  • Partially Wooded Lot
  • 4 Car Detached Garage
  • Wood Siding

About This Home

As of October 2012

Seclusion, woods, log home. Short sale - Home is solid, has been vandalized and is missing the hot water heater,central AC unit and some wiring from the basement ceiling has been removed. Home is sold 'AS IS' and owner's lender has agreed to take a short sale. Land would support 2nd home and there is a LOVELY spot in the back of lot. over-sized outbuilding (previous owner was a wood worker).Well is 125 deep and CLEAN! Outbuilding is 50'X 25' with concrete floor & electric.

Last Listed By

Suzette Weakley

Bloomington Realty, Inc Listed on: 04/25/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1986

Lot Details

  • 8 Acre Lot
  • Lot Dimensions are 540' x 650'
  • Partially Wooded Lot
  • Zoning described as Agricultural-Agricultural

Parking

  • 4 Car Detached Garage

Home Design

  • Pole House Architecture
  • Log Cabin
  • Poured Concrete
  • Wood Siding
  • Log Siding

Interior Spaces

  • 1.5-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Outdoor Features

  • Covered Deck

Schools

  • Mccormicks Creek Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Heating System Uses Gas
  • Septic System

Community Details

  • Owen Subdivision
  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-26-200-120.111-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1986
  • Age: 26
  • Style: One and Half Story
  • Architectural Style: Log
  • Total Number of Rooms: 10
  • Bedrooms: 5
  • Total Full Bathrooms: 2
  • Legal Description: Tract 111 Bittersweet Hills Addition - 8 acres +/- |
  • Parcel Number ID: 60-17-26-200-120.111-016
  • Platted: Yes
  • Amenities: Deck Covered, RV Parking
  • Zoning Description: Agricultural-Agricultural
  • Year Taxes Payable: 2011/2012
  • Special Features: 12
  • Stories: 1

Interior Features

  • Total Sq Ft: 3200
  • Total Finished Sq Ft: 2300
  • Above Grade Finished Sq Ft: 1900
  • Below Grade Finished Sq Ft: 400
  • Below Grade Sq Ft: 900
  • Price Per Sq Ft: 39.47
  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block, Poured Concrete
  • Kitchen: Dimensions: 14x15, On Level: Main
  • Dining Room: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 14x14, On Level: Lower
  • Bedroom 2: Dimensions: 14x11, On Level: Upper
  • Bedroom 3: Dimensions: 19x10, On Level: Upper
  • Bedroom 4: Dimensions: 14x12, On Level: Lower
  • Bedroom 5: Dimensions: 13x14, On Level: Lower
  • Total Below Grade Sq Ft: 1300

Exterior Features

  • Exterior: Wood, Log
  • Outbuilding1: Pole/Post Building

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Sq Ft: 1250
  • Garage: Yes

Utilities

  • Heating Fuel: Gas
  • Sewer: Septic
  • Laundry: Dimensions: Mainx6, On Level: 11

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 540' X 650'
  • Estimated Lot Size Acres: 8

Tax Info

  • Annual Taxes: 1193.36
  • 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

Closed on
Mar 15, 2019
Sold by
Bernitt Herman
Bought by
Bernitt Herman and Bernitt Bonnie Lynn
Total Days on Market
97
Current Estimated Value
$352,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Outstanding Balance
$85,682
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 25, 2012
Closed on
Oct 2, 2012
Sold by
Bernitt Herman
Bought by
Bunge Bahia Ray
Seller's Agent
Suzette Weakley
Bloomington Realty, Inc
Buyer's Agent
Amy Bernitt
Bernitt Realty
List Price
$107,000
Sold Price
$75,000
Premium/Discount to List
-$32,000
-29.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2012
Closed on
Sep 28, 2012
Sold by
Hall Sharon S
Bought by
Bernitt Herman
Seller's Agent
Suzette Weakley
Bloomington Realty, Inc
Buyer's Agent
Amy Bernitt
Bernitt Realty
List Price
$107,000
Sold Price
$75,000
Premium/Discount to List
-$32,000
-29.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2009
Sold by
Franklin Mark A
Bought by
Bernitt Herman and Bernitt Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,950
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in Spencer, IN

  • 7254 Little Flock Rd, Spencer, IN 47460

    $319,900

    • 3 Beds
    • 3 Baths
    • 2,148 Sq Ft
    • 7254 Little Flock Rd
    • Spencer, IN

    No Showings. Situated on Little Flock Road, just beyond Whitehall in Owen County, this Bilevel residence spans 5.52 acres and features a sizable outbuilding measuring 60’ x 40’ along with a 12’ x 60’ lean-to shed. The house comprises three bedrooms, three full bathrooms, and a den. On the lower level, the expansive family room is equipped with both a fireplace and a wood stove. Additionally,

    Jim Stafford Stafford Real Estate

    Section Image
  • 1009 Burke Shiloh Rd, Spencer, IN 47460

    $273,000

    • 3 Beds
    • 2 Baths
    • 2,420 Sq Ft
    • 1009 Burke Shiloh Rd
    • Spencer, IN

    Nestled south of Spencer and west of Bloomington is a house you wont want to miss. Sitting on a spacious two acre lot, this lovely home features a custom kitchen, fully fenced yard and a covered front porch with ample views of the perfect country setting. This one and a half story, three bedroom, two bath home features a main floor master suite with a walk-in closet. The other two ample sized

    Stephanie Feltner Prime Real Estate ERA Powered

    Section Image
  • 7367 Addie Rd, Spencer, IN 47460

    $365,000

    • 3 Beds
    • 2 Baths
    • 2,387 Sq Ft
    • 7367 Addie Rd
    • Spencer, IN

    This unique property is a must see! The property is in the heart of Owen County with 5.49 Acres. This property features a 3 bedroom single-family home, a one bedroom log cabin home, a 2 car detached garage, and a large pole barn. There is also a nice fishing pond nestled between both homes. The Cabin has a finished area of 1392 GLA that is not included in the total Sq Ft.

    CHRIS MARLOW LJ MICHAELS INC

    Section Image
  • 1774 Spring Creek Ct, Spencer, IN 47460

    $314,900

    • 3 Beds
    • 2.5 Baths
    • 2,240 Sq Ft
    • 1774 Spring Creek Ct
    • Spencer, IN

    This home offers a spacious open concept floor plan, including a living room with a fireplace and plantation shutters that flows seamlessly into a large dining area. The roomy kitchen features Whirlpool stainless steel appliances and ample counter space. The primary suite includes an en suite bath and an oversized walk-in closet. A large bonus room provides additional flex space, perfect for an

    Chris Smith RE/MAX Acclaimed Properties

    Section Image
  • 1776 Spring Creek Ct, Spencer, IN 47460

    $269,900

    • 3 Beds
    • 2 Baths
    • 1,458 Sq Ft
    • 1776 Spring Creek Ct
    • Spencer, IN

    Super nice 3 bedroom, 2 full bath ranch in move-in ready condition. This property has been meticulously maintained, roof/guttering/siding/soffits/windows & screens 1 year old, HVAC brand new, freshly looking painted walls, appliances 2 years old. 2 car attached garage, back deck and fenced back yard. Located on east side of Owen County, close proximity to state park and west side of Bloomington.

    Rene West West & Co., REALTORS

    Section Image
  • 1664 Deer Haven Ct, Spencer, IN 47460

    $297,500

    • 3 Beds
    • 2.5 Baths
    • 1,554 Sq Ft
    • 1664 Deer Haven Ct
    • Spencer, IN

    Welcome to this beautifully maintained and thoughtfully updated home! The spacious 38' x 6' front porch sets the stage for a warm, inviting entry. Inside, you'll notice thoughtful touches like crown molding, arched doorways, and upgraded lighting. The bright eat-in kitchen has stainless steel appliances, room for four at the counter, and a cozy dining area that opens right out to a big 20' x 20'

    Pilar Taylor The Indiana Team LLC

    Section Image
  • 531 E Dogwood Ct, Spencer, IN 47460

    $385,400

    • 3 Beds
    • 2 Baths
    • 1,927 Sq Ft
    • 531 E Dogwood Ct
    • Spencer, IN

    Welcome to this stunning new construction ranch-style home in the serene Four Oaks subdivision, where modern living meets small-town charm. This 3-bedroom, 2-bathroom home, thoughtfully crafted by local contractors, is a true testament to being built by the community, for the community. Enjoy open-concept living spaces and contemporary finishes designed for comfort and functionality. The vibrant

    Tracee Lutes RE/MAX Acclaimed Properties

    Section Image
  • 534 E Dogwood Ct, Spencer, IN 47460

    $410,200

    • 3 Beds
    • 2.5 Baths
    • 2,051 Sq Ft
    • 534 E Dogwood Ct
    • Spencer, IN

    Welcome to this stunning new construction ranch-style home in the serene Four Oaks subdivision, where modern living meets small-town charm. This 3-bedroom, 2-bathroom home, thoughtfully crafted by local contractors, is a true testament to being built by the community, for the community. Enjoy open-concept living spaces and contemporary finishes designed for comfort and functionality. The vibrant

    Tracee Lutes RE/MAX Acclaimed Properties

    Section Image
  • 3270 Freedom Rd, Spencer, IN 47460

    $340,000

    • 3 Beds
    • 2.5 Baths
    • 1,944 Sq Ft
    • 3270 Freedom Rd
    • Spencer, IN

    Welcome to this stunning, turn-key Cape Cod retreat, beautifully remodeled & nestled on 1.86 acres of serene, partially wooded land in peaceful Spencer, Indiana. This 3-bedroom, 2.5-bath home offers a rare blend of classic charm & modern updates, with breathtaking views from every corner of the property. Inside, you'll find a thoughtfully designed layout beginning with a spacious main-level

    Samantha Carver Home Team Properties

    Section Image
See All Homes in Spencer

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
Bernitt Herman -- None Available
Bernitt Herman -- None Available
Bernitt Herman -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernitt Herman $106,000
Closed Bernitt Herman $75,000
Closed Bernitt Herman $75,000
Previous Owner Bernitt Herman $49,950
Previous Owner Hall Sharon S $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $75,000 -29.9% $33 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
04/25/2012 04/25/12 For Sale $107,000 -- $47 / 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 $2,935 $218,300 $62,000 $156,300
2023 $2,933 $204,400 $62,000 $142,400
2022 $3,008 $195,900 $62,000 $133,900
2021 $3,046 $174,900 $62,000 $112,900
2020 $2,509 $146,000 $36,000 $110,000
2019 $1,471 $153,000 $46,000 $107,000
2018 $1,209 $137,300 $32,000 $105,300
2017 $1,189 $136,700 $32,000 $104,700
2016 $1,145 $132,500 $32,000 $100,500
2014 $1,150 $133,200 $32,000 $101,200
2013 -- $132,000 $32,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Suzette Weakley

    Seller's Agent in 2012

    Suzette Weakley

    Bloomington Realty, Inc

    (812) 369-8141

    22 Total Sales

    Suzette Weakley
    Section Image

  • A

    Buyer's Agent in 2012

    Amy Bernitt

    Bernitt Realty

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 436919

Indiana Regional MLS

APN: 60-17-26-200-120.111-016

Indiana Owen County Spencer 47460

2655 Timber Ln, Spencer, IN

Homes for Sale in Spencer, IN

This home is located at 2655 Timber Ln, Spencer, IN 47460 since 25 April 2012 and is currently estimated at $352,422, approximately $153 per square foot. This property was built in 1986. 2655 Timber Ln 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.

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.

Nearby Homes