NOT LISTED FOR SALE

3514 Patricksburg Rd Spencer, IN 47460

Estimated Value: $292,000 - $323,000

2 Beds
2 Baths
1,560 Sq Ft
$193/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $290,000 $186 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,714/month

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • Heavily Wooded Lot
  • Covered Patio or Porch
  • Open Floorplan
  • Backs to Open Ground
  • Workshop

About This Home

As of March 2024

5 acres only minutes from Spencer on a good blacktop road with a nice 1650 sq ft earth berm home with 2 bedrooms, an office, huge laundry room and 2 full baths. The home has an open concept living dining and kitchen area, main level primary suite and laundry facilities. The upper level is one big open room that could be divided to add an additional bedroom. There is a full bathroom on the upper level and sliding glass doors that lead you out to a nice deck overlooking the wooded ravine. The home has a spacious kitchen with an island and fresh paint throughout. There is a big covered front porch spanning the entire front of the home. The all-metal roof is less than 10 years old, there is a newer electric heat pump and A/C plus city water and fiber optic internet (at the road). In addition, the property has a large pole barn with concrete floor and electric, and an oversized two car detached garage. The property is nicely landscaped with beautiful flowers and shrubs just waiting on spring to arrive. The land is sloping on both side of the home and the mature woods provide privacy and excellent views of nature and the plentiful wildlife.

Last Agent to Sell the Property

Deborah Foutch

Owen County Home Company Brokerage Phone: 812-821-7005 Listed on: 02/20/2024

Last Buyer's Agent

Crystal Russell

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1995

Lot Details

  • 5.05 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Partially Fenced Property
  • Irregular Lot
  • Sloped Lot
  • Heavily Wooded Lot

Parking

  • 2 Car Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Earth Berm
  • Metal Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Living Room with Fireplace
  • Workshop

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry on main level
  • Washer and Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Block Basement Construction
  • 1 Bedroom in Basement
  • Natural lighting in basement

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Insulation

Outdoor Features

  • Covered Patio or Porch

Schools

  • Patricksburg Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • High-Efficiency Furnace
  • Heat Pump System
  • ENERGY STAR Qualified Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-23-200-140.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1995
  • Age: 29
  • Style: Two Story
  • Architectural Style: Earth Home/Berm
  • Total Number of Rooms: 7
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT SW NW S23 T10 R4 5.05A
  • Parcel Number ID: 60-11-23-200-140.000-027
  • Platted: Yes
  • Amenities: Breakfast Bar, Countertops-Laminate, Deck Open, Dryer Hook Up Gas/Elec, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Open Floor Plan, Porch Covered, Workshop, Main Level Bedroom Suite, Garage-Heated, Main Floor Laundry, Washer Hook-Up
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Road Access: County
  • Road Surface: Asphalt
  • Sp Lp Percent: 93.58
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1560
  • Total Finished Sq Ft: 1560
  • Above Grade Finished Sq Ft: 696
  • Below Grade Finished Sq Ft: 864
  • Price Per Sq Ft: 416.67
  • Basement Foundation: Daylight, Walk-up, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x12, On Level: Main
  • Kitchen: Dimensions: 14x12, On Level: Main
  • Extra Room: Office, Dimensions: 20x10, On Level: Main
  • Bedroom 1: Dimensions: 12x12, On Level: Main
  • Bedroom 2: Dimensions: 24x14, On Level: Upper
  • Main Level Sq Ft: 864
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 864

Exterior Features

  • Exterior: Cedar, Wood
  • Roof Material: Metal
  • Outbuilding1: Pole/Post Building, Dimensions: 32x24, 768
  • Fence: Partial
  • Outbuilding2: Shed, Dimensions: 8x8, 64

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 32x22
  • Garage Sq Ft: 704
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Heat Pump
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: South Central REMC
  • Water Company: BBP
  • Hvac: High Efficiency Furnace
  • Laundry: Dimensions: Mainx14, On Level: 10

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Irregular, Slope, 3-5.9999, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 219978
  • Estimated Lot Size Acres: 5.05

Green Features

  • Energy Efficient: Appliances, Insulation, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 1096.44
  • Exemptions: Homestead

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
Feb 20, 2024
Closed on
Mar 28, 2024
Sold by
Montgomery Sean M
Bought by
Kadlec Brad
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Crystal Russell
Century 21 Scheetz - Bloomington
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%
Views
75
Current Estimated Value
$301,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,171
Avg. Annual Appreciation
2.52%
Original Mortgage
$150,000
Outstanding Balance
$147,477
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$153,694

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 18, 2023
Sold by
Baker Don R and Baker Virginia B
Bought by
Montgomery Sean M
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Deborah Foutch
Owen County Home Company
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.54%
Original Mortgage
$247,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2014
Sold by
Johnson Jillene
Bought by
Baker Don R and Baker Virginia B

Purchase Details

Listed on
Dec 3, 2012
Closed on
Feb 27, 2013
Sold by
Fannie Mae
Bought by
Johnson Jillene
List Price
$50,900
Sold Price
$42,000
Premium/Discount to List
-$8,900
-17.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.92%

Purchase Details

Closed on
Oct 30, 2012
Sold by
White Caleb J and Fifth Third Mortgage Company
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
May 29, 2007
Sold by
Hiter Garry A
Bought by
White Caleb J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.22%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Kadlec Brad -- None Listed On Document
Montgomery Sean M -- None Listed On Document
Baker Don R -- None Available
Johnson Jillene $42,000 Total Title
Federal National Mortgage Association $118,877 None Available
White Caleb J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kadlec Brad $150,000
Previous Owner Montgomery Sean M $247,000
Previous Owner White Caleb J $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2024 03/28/24 Sold $290,000 -6.4% $186 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/20/2024 02/20/24 For Sale $309,900 +19.2% $199 / Sq Ft
05/18/2023 05/18/23 Sold $260,000 -3.7% $167 / Sq Ft View Prior Sale
05/12/2023 05/12/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $269,900 +542.6% $173 / Sq Ft
02/28/2013 02/28/13 Sold $42,000 -17.5% $49 / Sq Ft View Prior Sale
02/18/2013 02/18/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $50,900 -- $59 / 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 $1,414 $190,100 $50,300 $139,800
2023 $1,013 $155,800 $26,000 $129,800
2022 $1,096 $145,800 $25,800 $120,000
2021 $1,010 $127,400 $25,700 $101,700
2020 $835 $114,600 $25,700 $88,900
2019 $845 $106,500 $20,800 $85,700
2018 $760 $98,800 $16,800 $82,000
2017 $750 $97,700 $16,900 $80,800
2016 $733 $97,800 $16,900 $80,900
2014 $481 $83,500 $17,000 $66,500
2013 -- $52,900 $16,900 $36,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202405441

Indiana Regional MLS

APN: 60-11-23-200-140.000-027