NOT LISTED FOR SALE

379 Spencer Pike Rd Springville, IN 47462

Estimated Value: $484,000 - $1,042,576

2 Beds
2.5 Baths
2,963 Sq Ft
$269/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $985,000 $332 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,807/month

71 Days on Market

Highlights

  • 37.63 Acre Lot
  • 2 Car Attached Garage
  • Central Air

About This Home

As of May 2024

Discover a practical and inviting equine property nestled in the peaceful countryside of Springville, Lawrence County, Indiana. This 38-acre estate seamlessly blends a well-appointed country home with functional horse facilities. Location Highlights: Serenely situated in Southern Indiana, this property offers convenient access to Bloomington, Crane Naval Base, and major cities including Indianapolis, Louisville, St. Louis, and Cincinnati. It embodies rural tranquility while maintaining accessibility to nearby cities and amenities. Country Home Features: Constructed in 2017, the residence 2,963 sq ft, featuring 2 large bedrooms, 2-1/2 bathrooms with jetted whirlpool bathtubs, a lofted family room, and a large oversized 2-car garage. The home is a blend of factory-built modular and onsite stick-built construction, equipped with an automatic generator and dual water sources (well and community), ensuring a reliable and comfortable living environment. Main Horse Barn: A 154' X 102' pole barn built in 2016, outfitted for horse boarding with specialized stalls, an indoor riding arena, and ample storage for feed and equipment. Older Horse Barn additional equestrian activities with over 16 stalls/pens, an indoor training area, and essential amenities for horse care. The estate includes a hay barn for storage and a cattle barn, enhancing its versatility for a range of agricultural or livestock operations. Additional Highlights: Currently serving as a horse boarding facility, this property presents a potential income source for new owners through established boarding clients, with competitive rates from $700/month. - A second septic system and prepared utility connections provide opportunities for further development or expansions, such as RV parking or the addition of housing options. This property represents a unique opportunity to embrace a lifestyle that combines the joy of country living with the passion for equestrian activities. With its comprehensive facilities and thoughtful design, it stands ready to welcome those looking to step into a serene and productive rural life.

Last Agent to Sell the Property

Cody Coffey

United Country Coffey Realty & Auction Brokerage Phone: 812-822-3200 Listed on: 02/13/2024

Last Buyer's Agent

Cody Coffey

United Country Coffey Realty & Auction Brokerage Phone: 812-822-3200 Listed on: 02/13/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,628

Year Built

  • Built in 2016

Lot Details

  • 37.63 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 2,963 Sq Ft Home
  • 2-Story Property
  • Block Basement Construction

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Needmore Elementary School
  • Bedford Middle School
  • Bedford-North Lawrence High School

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 47-04-22-200-044.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,628

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2016
  • Age: 8
  • Style: Two Story
  • Total Number of Rooms: 7
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Sec 22 TWP 6 R2W 37.63A NE NE SW
  • Parcel Number ID: 47-04-22-200-044.000-007
  • Platted: Yes
  • Sp Lp Percent: 89.55
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2963
  • Total Finished Sq Ft: 2963
  • Above Grade Finished Sq Ft: 2963
  • Price Per Sq Ft: 332.43
  • Basement Material: Block
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 20x14, On Level: Main
  • Dining Room: Dimensions: 12x12, On Level: Main
  • Family Room: Dimensions: 29x19, On Level: Upper
  • Bedroom 1: Dimensions: 14x18, On Level: Main
  • Bedroom 2: Dimensions: 25x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Horse Facilities, Dimensions: 154x102, 15708
  • Outbuilding2: Outbuilding, Dimensions: 80x96, 7680

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 33x29
  • Garage Sq Ft: 957
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: Public

Schools

  • School District: North Lawrence Community Schools
  • Elementary School: Needmore
  • Middle School: Bedford
  • High School: Bedford-North Lawrence
  • Elementary School: Needmore

Lot Info

  • Lot Description: 15+
  • Lot Dimensions: 37.63
  • Estimated Lot Sq Ft: 1639163
  • Estimated Lot Size Acres: 37.63

Tax Info

  • Annual Taxes: 5628

MLS Schools

  • High School: Bedford-North Lawrence
  • Middle School: Bedford
  • School District: North Lawrence Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2024
Closed on
May 29, 2024
Sold by
Thompson Ronald E
Bought by
4Xb Llc
Seller's Agent
Cody Coffey
United Country Coffey Realty & Auction
Buyer's Agent
Cody Coffey
United Country Coffey Realty & Auction
List Price
$1,100,000
Sold Price
$985,000
Premium/Discount to List
-$115,000
-10.45%
Views
11
Current Estimated Value
$802,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$182,325
Avg. Annual Appreciation
-6.76%

Purchase Details

Closed on
Feb 9, 2021
Sold by
Thompson Ronald E
Bought by
Thompson Kevin L and Thompson Scott A
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
4Xb Llc $985,000 Classic Title Inc
Thompson Kevin L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $985,000 0.0% $332 / Sq Ft
05/30/2024 05/30/24 Sold $985,000 -10.5% $332 / Sq Ft
04/24/2024 04/24/24 Pending -- -- --
04/24/2024 04/24/24 Pending -- -- --
02/13/2024 02/13/24 For Sale $1,100,000 0.0% $371 / Sq Ft
01/31/2024 01/31/24 For Sale $1,100,000 -- $371 / 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 $5,201 $507,400 $64,400 $443,000
2023 $5,257 $475,000 $56,000 $419,000
2022 $5,628 $520,200 $46,900 $473,300
2021 $4,873 $426,700 $40,900 $385,800
2020 $4,446 $392,200 $40,500 $351,700
2019 $4,558 $389,400 $46,200 $343,200
2018 $4,540 $382,200 $46,900 $335,300
2017 $4,501 $388,500 $51,900 $336,600
2016 $1,418 $89,700 $42,200 $47,500
2014 $2,294 $215,500 $53,000 $162,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202404546

Indiana Regional MLS

APN: 47-04-22-200-044.000-007