NOT LISTED FOR SALE

2900 Schooling Rd Spencer, IN 47460

Estimated Value: $430,000 - $621,363

4 Beds
3.5 Baths
2,500 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $159,000 $64 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $3,067/month

85 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • 2 Car Detached Garage
  • Backs to Open Ground
  • Walk-In Pantry
  • Enclosed Patio or Porch

About This Home

As of May 2013

Serene 10 acre site sets the stage for this 2 story cedar/log home. This custom built home features wide plank wood flooring and log interior on main level. In open living area you will find a stone fireplace, cathedral ceilings with dining area as well as walk thru pantry off kitchen. Second floor Master features balcony and bath as well as two other bedrooms that share 2nd bath. Full walkout partially finished lower level includes bedroom and full bath. Gorgeous wrap around porch and older detached garage can also be found. This property is located just over the county line with easy access to Bloomington or Spencer. This home qualifies for Homepath lending. Go to Homepath.com for first look period and information on submitting offers.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,042

Year Built

  • Built in 1987

Lot Details

  • 10 Acre Lot
  • Backs to Open Ground
  • Zoning described as Agricultural-Agricultural

Parking

  • 2 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Block Basement Construction

Kitchen

  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Double Vanity

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-17-01-100-080.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,042

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1987
  • Age: 26
  • Style: Two Story
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 1
  • Legal Description: PT NE 1-9-3 (5 Acres) Tract 3; & PT NE 1-9-3 (5 Acres) Tract 2
  • Parcel Number ID: 60-17-01-100-080.000-016
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Closet(s) Walk-in, Kitchen Island, Open Floor Plan, Pantry-Walk In, Porch Enclosed, Twin Sink Vanity
  • Zoning Description: Agricultural-Agricultural
  • Special Features: None

Interior Features

  • Total Sq Ft: 2700
  • Total Finished Sq Ft: 2500
  • Above Grade Finished Sq Ft: 2400
  • Below Grade Finished Sq Ft: 100
  • Below Grade Sq Ft: 200
  • Price Per Sq Ft: 66.25
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Wood Burning
  • Living Great Room: Dimensions: 13x22, On Level: Main
  • Kitchen: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 18x17, On Level: Lower
  • Bedroom 1: Dimensions: 11x17, On Level: Upper
  • Bedroom 2: Dimensions: 11x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x10, On Level: Upper
  • Main Level Sq Ft: 2500
  • Total Below Grade Sq Ft: 300

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Sq Ft: 400

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Heat Pump
  • Sewer: Septic

Schools

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

Lot Info

  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 2042.08
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2021
Sold by
Stone John G
Bought by
Stone John G and Stone Tamara K
Current Estimated Value
$505,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$190,095
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$327,955

Purchase Details

Listed on
Jan 4, 2013
Closed on
May 3, 2013
Sold by
Fannie Mae A/K/A Federal National Mortgage As
Bought by
Stone John G
List Price
$161,900
Sold Price
$159,000
Premium/Discount to List
-$2,900
-1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Oct 30, 2012
Sold by
Babbs Bret W and Babbs Cindy A
Bought by
Fannie Mae and Federal National Mortgage Association
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
Stone John G -- None Available
Stone John G $155,900 --
Fannie Mae $148,357 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stone John G $225,000
Previous Owner Babbs Bret W $61,220
Previous Owner Babbs Bret W $28,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2013 05/07/13 Sold $159,000 -1.8% $64 / Sq Ft
03/30/2013 03/30/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $161,900 -- $65 / 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 $3,734 $487,600 $30,900 $456,700
2023 $3,648 $452,600 $29,900 $422,700
2022 $3,970 $430,200 $28,900 $401,300
2021 $3,425 $338,200 $28,300 $309,900
2020 $3,175 $326,300 $28,300 $298,000
2019 $1,992 $203,900 $21,500 $182,400
2018 $2,315 $227,500 $19,600 $207,900
2017 $1,945 $209,800 $20,200 $189,600
2016 $1,389 $203,800 $20,400 $183,400
2014 $1,361 $202,600 $20,600 $182,000
2013 -- $192,800 $20,000 $172,800
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 421049

Indiana Regional MLS

APN: 60-17-01-100-080.000-016

Indiana Owen County Spencer 47460

2900 Schooling Rd, Spencer, IN

This home is located at 2900 Schooling Rd, Spencer, IN 47460 since 04 January 2013 and is currently estimated at $505,788, approximately $202 per square foot. This property was built in 1987. 2900 Schooling Rd 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.

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