NOT LISTED FOR SALE

337 Pea Ridge Rd Spencer, IN 47460

Estimated Value: $192,000

2 Beds
2 Baths
1,632 Sq Ft
$118/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $205,000 $126 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,085/month

19 Days on Market

Highlights

  • Partially Wooded Lot
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage

About This Home

As of June 2023

Let me introduce you to 337 Pea Ridge Rd. This 2 bedroom, 2 bath home sits over a full, finished, walk-out basement. The spacious, 2-car attached garage offers an additional 780 sq ft second story space just waiting to be finished. With 5.72 acres m/l, you will love the peaceful country living, but yet you will be mere minutes from downtown Spencer. McCormick's Creek State Park is only about 4 miles away and Owen Valley Winery just 5 minutes away. Possible additional bedrooms in the basement. Large stretch of road frontage that could be divided. 1 year home warranty included. Be sure to check out the interactive 360° virtual tour!

Last Agent to Sell the Property

Dina Baker

Keach & Grove Real Estate, LLC Listed on: 04/24/2023

Co-Listed By

Mae St Clair

Keach & Grove Real Estate, LLC

Last Buyer's Agent

Brooke Hoffa

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,271

Year Built

  • Built in 1982

Lot Details

  • 5.72 Acre Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • 1 Bathroom in Basement

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 60-10-32-400-360.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,271

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1982
  • Age: 41
  • Style: One Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN SE S32 T10 R3 1A and IN E 1/2 SE S32 T10 R3 4.72A
  • Parcel Number ID: 60-10-32-400-360.000-027
  • Platted: Yes
  • Amenities: Home Warranty Included
  • Parcel Id2: 60-10-32-400-350.000-027
  • Sp Lp Percent: 91.15
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2412
  • Total Finished Sq Ft: 1632
  • Above Grade Finished Sq Ft: 816
  • Below Grade Finished Sq Ft: 816
  • Above Grade Unfinished Sq Ft: 780
  • Price Per Sq Ft: 251.23
  • Basement: Yes
  • Basement Foundation: Finished, Full Basement, Walk-Out Basement
  • Living Great Room: Dimensions: 11x14, On Level: Main
  • Kitchen: Dimensions: 11x14, On Level: Main
  • Bedroom 1: Dimensions: 9x12, On Level: Main
  • Bedroom 2: Dimensions: 9x12, On Level: Main
  • Other Room1: Family Room, Dimensions: 12x11, On Level: Basement
  • Other Room 2: additional room, Dimensions: 12x11, On Level: Basement
  • Other Room 3: additional room, Dimensions: 11x13, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 816

Exterior Features

  • Exterior: Stone, Vinyl
  • Outbuilding1: Shed, Dimensions: 14x10

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x26
  • Garage Sq Ft: 780
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Laundry: Dimensions: Lowerx13, On Level: 11
  • Well Type: Private

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: Partially Wooded, 3-5.9999
  • Lot Dimensions: 5.72A
  • Estimated Lot Sq Ft: 249163
  • Estimated Lot Size Acres: 5.72

Tax Info

  • Annual Taxes: 1271.06
  • Exemptions: Disabled Vet, Homestead, Mortgage, Supplemental, Vet

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
Apr 24, 2023
Closed on
Jun 9, 2023
Sold by
Unknown
Bought by
Hovious William D and Hovious Ashley Meghan
Seller's Agent
Dina Baker
Keach & Grove Real Estate, LLC
Buyer's Agent
Brooke Hoffa
Century 21 Scheetz - Bloomington
List Price
$234,900
Sold Price
$205,000
Premium/Discount to List
-$29,900
-12.73%
Total Days on Market
19
Views
57
Current Estimated Value
$192,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,000
Avg. Annual Appreciation
-44.56%
Original Mortgage
$164,000
Outstanding Balance
$159,951
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
-$102,951
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
Hovious William D $205,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hovious William D $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $205,000 -8.8% $126 / Sq Ft
05/09/2023 05/09/23 Price Changed $224,900 -4.3% $138 / Sq Ft
04/24/2023 04/24/23 For Sale $234,900 -- $144 / 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 $409 $28,600 $28,600 $0
2023 $437 $28,600 $28,600 $0
2022 $347 $21,200 $21,200 $0
2021 $389 $21,200 $21,200 $0
2020 $379 $21,200 $21,200 $0
2019 $358 $18,900 $18,900 $0
2018 $180 $9,400 $9,400 $0
2017 $177 $9,400 $9,400 $0
2016 $173 $9,400 $9,400 $0
2014 $177 $9,400 $9,400 $0
2013 -- $9,400 $9,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202312665

Indiana Regional MLS

APN: 60-10-32-400-350.000-027