NOT LISTED FOR SALE

3101 Blue Gate Dr Spencer, IN 47460

Estimated Value: $521,000 - $698,000

4 Beds
3 Baths
2,300 Sq Ft
$270/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $485,000 $211 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,612/month

1 Day on Market

Highlights

  • RV Parking in Community
  • Ranch Style House
  • Solid Surface Countertops
  • Primary Bedroom Suite
  • Great Room
  • Formal Dining Room

About This Home

As of December 2020

Beautiful views await you at this large 4 bedroom, 3 bath ranch home in the Blue Gate subdivision just over the county line road. The open floor plan, split bedrooms and large unfinished basement are just a few of things to love about this home!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 2014

Lot Details

  • 6.34 Acre Lot
  • Rural Setting
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Solid Surface Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Double Vanity
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Partially Finished Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-11-100-010.050-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2014
  • Age: 6
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 10
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: PT NE NE S11 T9 R3 3.00A aka Blue Gate Lot 5 PT NE NE S11 T9 R3 3.34A aka Blue Gate Lot 6
  • Parcel Number ID: 60-17-11-100-010.050-016
  • Platted: Yes
  • Amenities: Breakfast Bar, Ceiling Fan(s), Countertops-Solid Surf, Detector-Smoke, Disposal, Eat-In Kitchen, Foyer Entry, Garage Door Opener, Jet/Garden Tub, Patio Open, Six Panel Doors, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, RV Parking, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry
  • Location: Rural, Rural Subdivision
  • Parcel Id2: 60-17-11-100-010.060-016
  • Sp Lp Percent: 100
  • Year Taxes Payable: 19/20
  • Special Features: None

Interior Features

  • Total Sq Ft: 3706
  • Total Finished Sq Ft: 2300
  • Above Grade Finished Sq Ft: 2300
  • Below Grade Sq Ft: 1406
  • Price Per Sq Ft: 210.87
  • Basement: Yes
  • Basement Foundation: Crawl, Partial Basement
  • Basement Material: Block, Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Great Room: Dimensions: 11x15, On Level: Main
  • Kitchen: Dimensions: 10x15, On Level: Main
  • Dining Room: Dimensions: 10x16, On Level: Main
  • Family Room: Dimensions: 21x17, On Level: Main
  • Bedroom 1: Dimensions: 14x16, On Level: Main
  • Bedroom 2: Dimensions: 10x14, On Level: Main
  • Bedroom 3: Dimensions: 10x12, On Level: Main
  • Bedroom 4: Dimensions: 12x13, On Level: Main
  • Number of Main Level Full Bathrooms: 3
  • Total Below Grade Sq Ft: 1406

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Driveway: Concrete
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 22x30
  • Garage Sq Ft: 660
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx11, On Level: 7

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: Level, 6-9.999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 276170
  • Estimated Lot Size Acres: 6.34

Tax Info

  • Annual Taxes: 2966.86
  • 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

Listed on
Oct 30, 2020
Closed on
Dec 18, 2020
Sold by
Spoon Nicholas A and Spoon Kristina M
Bought by
Torphy Heather and Torphy James David
List Price
$485,000
Sold Price
$485,000
Current Estimated Value
$622,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,008
Avg. Annual Appreciation
5.30%
Original Mortgage
$388,000
Outstanding Balance
$345,436
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$276,572

Purchase Details

Closed on
Jan 31, 2011
Sold by
Cowden Donald L
Bought by
Donald L Cowden Revocable Trust

Purchase Details

Closed on
May 22, 2009
Sold by
Blue Gate Llc
Bought by
Cowden Donald L
Source: Public Records

Range of Values:

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Average Value
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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
Torphy Heather -- None Available
Donald L Cowden Revocable Trust -- None Available
Cowden Donald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torphy Heather $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $485,000 0.0% $211 / Sq Ft
10/30/2020 10/30/20 For Sale $485,000 -- $211 / 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 $3,762 $486,700 $40,000 $446,700
2023 $3,588 $454,000 $40,000 $414,000
2022 $3,875 $429,100 $40,000 $389,100
2021 $3,415 $342,500 $40,000 $302,500
2020 $3,168 $324,500 $40,000 $284,500
2019 $2,967 $296,800 $26,000 $270,800
2018 $3,174 $315,200 $20,000 $295,200
2017 $2,986 $303,900 $20,000 $283,900
2016 $2,896 $295,200 $20,000 $275,200
2014 $167 $6,000 $6,000 $0
2013 -- $1,200 $1,200 $0
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 202043968

Indiana Regional MLS

APN: 60-17-11-100-010.050-016