NOT LISTED FOR SALE

307 Lincoln St Spencer, IN 47460

Estimated Value: $91,000

2 Beds
1 Bath
1,032 Sq Ft
$88/Sq Ft Est. Value

Last Sold June 26, 2017

Last sale price $22,500 $22 Per Sq Ft

Est. 304% increase in value since last sale

Current estimated payment $576/month

4 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating System
  • Bungalow

About This Home

As of June 2017

Being Sold as is. Great location on a corner lot in the middle of it all in Spencer. Great investment opportunity!

Last Agent to Sell the Property

David Dwinell

Dzierba Real Estate Services Listed on: 06/05/2017

Last Buyer's Agent

David Dwinell

Dzierba Real Estate Services Listed on: 06/05/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $227

Year Built

  • Built in 1910

Lot Details

  • 9,714 Sq Ft Lot
  • Lot Dimensions are 65x150
  • Corner Lot

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-300-400.090-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$227

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1910
  • Age: 107
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Beems 2nd S 1/2 Lot 5, Beems 2nd S 1/2 Lot 6 |
  • Parcel Number ID: 60-10-20-300-400.090-028
  • Platted: Yes
  • Investment Property: Yes
  • Sp Lp Percent: 77.59
  • Year Taxes Payable: 2016
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1032
  • Total Finished Sq Ft: 1032
  • Above Grade Finished Sq Ft: 1032
  • Price Per Sq Ft: 21.8
  • Basement Foundation: Crawl
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Main
  • Main Level Sq Ft: 1032
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 65x150
  • Estimated Lot Sq Ft: 9714
  • Estimated Lot Size Acres: 0.223

Tax Info

  • Annual Taxes: 226.88
  • 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
Sep 25, 2019
Sold by
T & H Keith Inc
Bought by
The Frist Pentecostal Church Of Spencer
Current Estimated Value
$91,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$31,621
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$72,379

Purchase Details

Listed on
Jun 5, 2017
Closed on
Aug 15, 2017
Sold by
Ran Tru Llc
Bought by
T And H Keith Inc
Seller's Agent
David Dwinell
Dzierba Real Estate Services
Buyer's Agent
David Dwinell
Dzierba Real Estate Services
List Price
$29,000
Sold Price
$22,500
Premium/Discount to List
-$6,500
-22.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.44%

Purchase Details

Listed on
Jun 5, 2017
Closed on
Jun 26, 2017
Sold by
Nicholas Helton
Seller's Agent
David Dwinell
Dzierba Real Estate Services
Buyer's Agent
David Dwinell
Dzierba Real Estate Services
List Price
$29,000
Sold Price
$22,500
Premium/Discount to List
-$6,500
-22.41%

Purchase Details

Closed on
May 10, 2016
Sold by
Cecil Risa
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Aug 2, 2005
Sold by
Thomas Shirley and White Nathan
Bought by
Cecil Risa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
8.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
The Frist Pentecostal Church Of Spencer -- None Available
T And H Keith Inc -- None Available
-- $22,500 --
U S Bank Trust Na $52,808 None Available
Cecil Risa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Frist Pentecostal Church Of Spencer $40,000
Previous Owner Cecil Risa $11,012
Previous Owner Cecil Risa $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2017 06/26/17 Sold $22,500 -22.4% $22 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $29,000 +38.1% $28 / Sq Ft
10/21/2016 10/21/16 Sold $21,000 -21.9% $20 / Sq Ft
10/03/2016 10/03/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $26,900 -- $26 / 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 -- $11,200 $11,200 $0
2023 -- $11,200 $11,200 $0
2022 $0 $9,000 $9,000 $0
2021 $230 $9,000 $9,000 $0
2020 $230 $9,000 $9,000 $0
2019 $197 $9,700 $9,200 $500
2018 $736 $29,900 $9,200 $20,700
2017 $943 $47,000 $9,700 $37,300
2016 $238 $47,000 $9,700 $37,300
2014 $227 $45,500 $9,700 $35,800
2013 -- $45,000 $9,600 $35,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201725834

Indiana Regional MLS

APN: 60-10-20-300-400.090-028