NOT LISTED FOR SALE

2820 Lucas Rd Spencer, IN 47460

Estimated Value: $264,000 - $862,000

-- Bed
1 Bath
-- Sq Ft
70.71 Acres

Last Sold August 04, 2023

Last sale price $800,000

Est. 18% decrease in value since last sale

Current estimated payment $3,655/month

9 Days on Market

Highlights

  • Barn
  • 70.71 Acre Lot
  • Shed
  • Waterfront
  • Lake, Pond or Stream
  • Garage

About This Home

As of August 2023

Here is a great recreational/hunting escape to enjoy with friends and family in a good location. Not far from Spencer, at the end of a county road sits this very private and secluded farm. This place has a lot to offer whether you are looking for a getaway spot to enjoy the sounds of nature, a great hunting place, your own farm to go fishing or enough acreage to build your dream home and have enough room for family to build on as well. This farm has an inviting entrance as you drive by one of two ponds that are 1+/- acre. Both ponds are stocked and make a great place to fish and enjoy the views. A wood dock leads down to the first pond and goes over the water to a small island. There is a great spot to put an RV/camper with electric hookup near the pond. As you continue down the private road, there are two large 40x70 pole barns with concrete floors that have water and electric. These have plenty of room to store all your equipment/tools from UTV’s, RV’s, boats and tractors. One of the barns, approx. 800 sq. ft. of it has been partially finished as additional living quarters. One could even keep one of these barns for just storing equipment and turn the other into their dream barndominium. As you continue to the back of the farm, there is a nice cabin that overlooks the second pond. It has 2 bedrooms and 1 bath and makes for a great getaway spot or place to set up hunting camp. The land it self has a good mixture of woods, pasture and water. It has all the elements to attract and hold wildlife to this property. There is a rock bottom creek that flows through the back of the farm. Some of the pasture areas would make excellent places to put in food plots or turn into tillable/CRP acreage. Property provides great hunting for deer, turkey and small game. Deer sign is all over the place in the form of rubs, scrapes and tracks. Morel mushrooms are known to be plentiful here in the spring. With its location and diversified mixture of land, this property will not last long, call before it’s gone.

Last Agent to Sell the Property

Brandon Smith

Whitetail Properties Real Estate Brokerage Phone: 317-709-2904 Listed on: 06/30/2023

Whitetail Properties Real Estate

Co-Listed By

John Minor

Whitetail Properties Real Estate Brokerage Phone: 317-709-2904

Last Buyer's Agent

Diana Martin

NonMember MEIAR

NonMember MEIAR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $473

Lot Details

  • 70.71 Acre Lot
  • Waterfront
  • Property fronts a county road

Parking

  • Garage
  • Private Parking
  • Gravel Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Shed

Schools

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

Farming

  • Barn

Utilities

  • Heating System Uses Gas
  • Propane
  • Gas Available
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-16-03-102-030.001-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$473

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Waterfront: Yes
  • Legal Description: 60-16-03-102-030.001-017
  • Parcel Number ID: 60-16-03-102-030.001-017
  • Platted: Yes
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 106.68
  • Parcel Description: Heavily Wooded, Level, Partially Wooded, Slope, Waterfront
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Camp/RV with Land, Recreational, Residential
  • Year Taxes Payable: 2022
  • Special Features: None

Exterior Features

  • Road Frontage: County

Garage/Parking

  • Parking: Garage, Gravel, Private

Utilities

  • Water Utilities: Available
  • Water Type: Pond
  • Electricity Type: Available
  • Fuel Type: Available, Gas, Propane
  • Sewer Type: Septic

Schools

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

Lot Info

  • Lot Dimensions: 3080128
  • Estimated Lot Sq Ft: 3080128
  • Estimated Lot Size Acres: 70.71
  • Land Features: Barn, Garage, House, Shed

Tax Info

  • Annual Taxes: 473

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
Jun 30, 2023
Closed on
Aug 4, 2023
Sold by
Degan Jennifer A and Degan Randall G
Bought by
Whispering Breeze Services Llc
Seller's Agent
Brandon Smith
Whitetail Properties Real Estate
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$749,900
Sold Price
$800,000
Premium/Discount to List
$50,100
6.68%
Views
45
Current Estimated Value
$652,979

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$147,021
Avg. Annual Appreciation
-8.82%
Original Mortgage
$650,250
Outstanding Balance
$591,133
Interest Rate
6.06%
Mortgage Type
Construction
Estimated Equity
$61,846
Source: Public Records

Range of Values:

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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
Whispering Breeze Services Llc $800,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whispering Breeze Services Llc $650,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $800,000 +6.7% --
07/09/2023 07/09/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $749,900 -- --
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 $2,318 $174,900 $66,600 $108,300
2023 $2,290 $161,600 $58,800 $102,800
2022 $472 $31,100 $31,100 $0
2021 $462 $26,700 $26,700 $0
2020 $451 $26,500 $26,500 $0
2019 $530 $29,200 $29,200 $0
2018 $549 $30,100 $30,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202322750

Indiana Regional MLS

APN: 60-16-03-102-030.001-017