NOT LISTED FOR SALE

3510 N Us Highway 231 Spencer, IN 47460

Estimated Value: $197,372

60 Acres
$3,270 Price per Acre
2,628,846 Sq Ft Lot

Last Sold June 09, 2017

Last sale price $120,000 $124 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,137/month

101 Days on Market

About This Lot

As of June 2017

60.35 acres of beautiful wooded land with a nice creek, and a fresh spring running through the length of the property. Breathtaking hills and valleys throughout this landscape.This land has an excellent entrance just off of US 231 with a dirt drive leading toward two sections of this parcel. it has 2 Bedroom, 968 sq ft cabin( on 12 acres) that has electrical service, water, and sewer. There are wild deer, turkey, and assorted wildlife and plentiful timber that could be harvested for income.

Last Agent to Sell the Property

Jaren Barnes

Listed on: 02/23/2017

Co-Listed By

Brett Snodgrass

Red Bridge Real Estate License #RB14036993

Last Buyer's Agent

Ronnie Reese

Red Bridge Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $438

Year Built

  • 1955

Lot Details

  • 60.35

Additional Features

  • 60.35 Acre Lot
  • Septic Tank

Community Details

  • Washington Subdivision

Listing and Financial Details

  • Assessor Parcel Number 60-10-04-100-010.000-027

Property Details

Property Type

Land

Est. Annual Taxes

$438

Year Built

1955

Lot Details

0

Listing Details

  • Type: AgricLand,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2016
  • Co List Office Phone: 812-216-8602
  • Lot Size Acres: 60.35
  • Road Frontage Type: HwyUS
  • Road Surface Type: Dirt
  • Subdivision Name: WASHINGTON
  • Inspection Warranties: Not Applicable
  • Property Description: 60.35 acres of beautiful wooded land with a nice creek, and a fresh spring running through the length of the property. Breathtaking hills and valleys throughout this landscape.This land has an excellent entrance just off of US 231 with a dirt drive leading toward two sections of this parcel. it has 2 Bedroom, 968 sq ft cabin( on 12 acres) that has electrical service, water, and sewer. There are wild deer, turkey, and assorted wildlife and plentiful timber that could be harvested for income.
  • Transaction Type: Sale
  • Special Features: None
  • Year Built: 1955

Interior Features

  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0

Exterior Features

  • Disclosures: Not Applicable
  • List Price: 174900
  • Other Structures: Other
  • Topography: Hilly
  • Road Access: HwyUS
  • Water: Well on Site

Utilities

  • Sewer: Septic Tank
  • Solid Waste: 0

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Not Applicable
  • Mandatory Fee: 0

Lot Info

  • Parcel Number: 60-10-04-100-010.000-027
  • Zoning: AGRICULTURE
  • Acres: >20 Acres
  • Lot Number: 0
  • Lot Size: 60.35
  • Improvements: NotApplic
  • Land Characteristics: Lake Front,Rural,Mature Trees,Water Acces,Water View,Wooded
  • Potential Zoning: Not Applicable
  • Present Zoning: Agricultur
  • Price Acre: 2898
  • Divisible: 0

Tax Info

  • Tax Annual Amount: 438
  • Semi Annual Property Tax Amt: 219
  • Tax Exemption: None
  • Tax Info N A Prop Split: 0

MLS Schools

  • School District: Washington Township

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2018
Sold by
Wright Llc
Bought by
Jim Ward
Total Days on Market
101
Current Estimated Value
$197,372

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 9, 2017
Sold by
Simpke Quarters Llc
Bought by
Ohio River Veneer Llc
Seller's Agent
Jaren Barnes
Buyer's Agent
Ronnie Reese
Red Bridge Real Estate
List Price
$199,000
Sold Price
$120,000
Premium/Discount to List
-$79,000
-39.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.53%

Purchase Details

Closed on
Feb 22, 2017
Sold by
Spencer Oaks Llc
Bought by
Simple Quarters Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
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
Jim Ward $28,900 --
Ohio River Veneer Llc $111,900 Hocker And Associates
Simple Quarters Llc $100,000 Hocker And Associates
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simple Quarters Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $120,000 -31.4% $124 / Sq Ft
05/15/2017 05/15/17 Price Changed $174,900 -2.8% $181 / Sq Ft
04/13/2017 04/13/17 Price Changed $179,900 -10.0% $186 / Sq Ft
03/07/2017 03/07/17 Price Changed $199,900 +0.5% $207 / Sq Ft
02/23/2017 02/23/17 For Sale $199,000 -- $206 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $399 $27,900 $27,900 $0
2023 $356 $23,300 $23,300 $0
2022 $301 $18,400 $18,400 $0
2021 $290 $15,800 $15,800 $0
2020 $281 $15,700 $15,700 $0
2019 $335 $17,700 $17,700 $0
2018 $349 $18,200 $18,200 $0
2017 $393 $20,900 $20,900 $0
2016 $407 $22,100 $22,100 $0
2014 $438 $23,200 $23,200 $0
2013 -- $19,900 $19,900 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jaren Barnes

  • Brett Snodgrass

    Seller Co-Listing Agent in 2017

    Brett Snodgrass

    Red Bridge Real Estate

    (317) 934-2630

    23 Total Sales

    Brett Snodgrass
    Section Image
  • Ronnie Reese

    Buyer's Agent in 2017

    Ronnie Reese

    Red Bridge Real Estate

    (317) 572-7540

    1 Total Sale

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21467671

MIBOR Broker Listing Cooperative®

APN: 60-10-04-100-010.000-027

Indiana Owen County Spencer 47460

3510 N Us Highway 231, Spencer, IN

This home is located at 3510 N Us Highway 231, Spencer, IN 47460 since 23 February 2017 and is currently estimated at $197,372, approximately $203 per square foot. This property was built in 1955. 3510 N Us Highway 231 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.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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