NOT LISTED FOR SALE

271 N Montgomery St Unit 1 Spencer, IN 47460

Estimated Value: $174,000 - $254,000

1 Bed
1 Bath
2,408 Sq Ft
$89/Sq Ft Est. Value

About This Home

As of September 2018

Check out this upper level 1 bed/1 bath unit in the heart of Spencer. Available immediately with lease ending May 31st, 2019 (owner is negotiable on end date). Unit includes refrigerator, oven/stove, window A/C and 1 off street parking spot. Tenant pays electric, cable/internet with owner paying trash/water/sewer and lawn care. Small pets (house trained dogs under 20 lbs. & cats) allowed with pet deposit and minimum monthly fee. Easy to show!

Co-Listed By

Tim Ballard

Aligned Property Group

Aligned Property Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1921

Lot Details

  • 7,362 Sq Ft Lot

Interior Spaces

  • 2-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Security Deposit $450
  • Tenant pays for electric, cable
  • The owner pays for lawn maintenance, sewer, trash collection, water
  • Assessor Parcel Number 60-10-20-400-400.449-028

Home Details

Home Type

Single Family

Year Built

Built in 1921

Lot Details

0

Rental Info

  • Lease Term: 1 Year, Negotiable
  • Owner Pays: Lawn Maintenance, Sewer, Trash Collection, Water
  • Tenant Pays: Electric, Cable
  • Credit Fee: 35
  • Pet Fee: 25
  • Security Deposit: 450

Listing Details

  • Class: RESIDENTIAL FOR LEASE
  • Property Sub Type: Site-Built Home
  • Year Built: 1921
  • Style: Two Story
  • Bedrooms: 1
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Allisons Lot 4 |
  • Parcel Number ID: 60-10-20-400-400.449-028
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 3432
  • Total Finished Sq Ft: 2408
  • Above Grade Finished Sq Ft: 2408
  • Below Grade Sq Ft: 1024
  • Basement Foundation: Partial Basement
  • Living Great Room: Dimensions: 15x15
  • Kitchen: Dimensions: 15x15
  • Bedroom 1: Dimensions: 13x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1024

Exterior Features

  • Outbuilding1: Garden Shed, Dimensions: 8x10, 80
  • Outbuilding2: None

Utilities

  • Cooling: Window
  • Heating Fuel: Baseboard
  • Sewer: City
  • Water Utilities: City

Condo/Co-op/Association

  • Pet Restrictions: Yes

Lot Info

  • Estimated Lot Sq Ft: 7362
  • Estimated Lot Size Acres: 0.169
  • Lot Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2023
Sold by
Reuter Emily
Bought by
Oc Rentals Llp
Current Estimated Value
$214,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Outstanding Balance
$160,990
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$53,596

Purchase Details

Closed on
Aug 13, 2021
Sold by
Reuter James R
Bought by
Oc Rentals Llp

Purchase Details

Closed on
Jul 5, 2018
Sold by
Jerry Hodges
Bought by
Redwine Surber Gordon Patton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2018
Sold by
Hodges Jerry F and Hodges Marcia L
Bought by
Surber Gordon Patton Redwine and Surber Jennifer Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Oc Rentals Llp -- Priority Title & Escrow
Oc Rentals Llp $130,000 None Available
Reuter James R $130,000 None Available
Redwine Surber Gordon Patton $83,000 --
Ballard Timothy M $83,000 John Bethell Title Company Inc
Surber Gordon Patton Redwine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oc Rentals Llp $165,000
Previous Owner Ballard Timothy M $62,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Rented $425 0.0% --
09/06/2018 09/06/18 Price Changed $425 -5.6% $0 / Sq Ft
08/27/2018 08/27/18 For Rent $450 -- --
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 $3,178 $158,900 $17,400 $141,500
2023 $2,948 $147,300 $17,400 $129,900
2022 $2,377 $118,700 $17,400 $101,300
2021 $2,369 $118,300 $17,400 $100,900
2020 $2,221 $110,900 $17,400 $93,500
2019 $2,038 $101,700 $17,400 $84,300
2018 $1,920 $95,800 $17,400 $78,400
2017 $1,817 $90,700 $20,400 $70,300
2016 $1,817 $90,700 $20,400 $70,300
2014 $1,766 $88,100 $20,400 $67,700
2013 -- $87,400 $20,400 $67,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Co-Listing Agent in 2018

    Tim Ballard

    Aligned Property Group

    (812) 325-1648

    1 in this area

    68 Total Sales

    Tim Ballard
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Map

Source: Indiana Regional MLS

MLS Number: 201838841

Indiana Regional MLS

APN: 60-10-20-400-400.449-028

Indiana Owen County Spencer 47460

271 N Montgomery St Unit 1, Spencer, IN

Not Listed for Sale

Detached

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