NOT LISTED FOR SALE

406 W Indiana Ave Spencer, IN 47460

Estimated Value: $241,000 - $266,000

2 Beds
2.5 Baths
1,850 Sq Ft
$136/Sq Ft Est. Value

Last Sold February 17, 2017

Last sale price $129,000 $70 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,524/month

27 Days on Market

Highlights

  • 3 Fireplaces
  • Covered Patio or Porch
  • 2 Car Attached Garage
  • Corner Lot
  • Walk-In Pantry
  • Eat-In Kitchen

About This Home

As of February 2017

Extremely unique bungalow on corner lot in Spencer. This 2 bedroom and 2 full bath and 1 half bath home has been remodeled. It features larger rooms, fireplace in the dining room, 9 foot ceilings, new laundry/mud room new full bath, with walk in tile shower, over-sized 2 car garage with above storage, summer kitchen off the garage, covered porch, new furnace & AC, new roof, new concert patio out back and lots of great updates.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,380

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 56x130
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Vinyl Construction Material

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Gas Log Fireplace
  • Partially Finished Basement
  • Block Basement Construction

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-400-400.400-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,380

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1890
  • Age: 127
  • Style: One Story
  • Architectural Style: Bungalow
  • 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: HARRIS add Lot #24
  • Parcel Number ID: 60-10-20-400-400.400-028
  • Platted: Yes
  • Amenities: Closet(s) Cedar, Eat-In Kitchen, Garage Door Opener, Kitchen Island, Pantry-Walk In, Porch Covered, Porch Open
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 1850
  • Total Finished Sq Ft: 1850
  • Above Grade Finished Sq Ft: 1850
  • Basement: Yes
  • Basement Foundation: Partial Basement
  • Basement Material: Block
  • Number Of Fireplaces: 3
  • Fireplace: Gas Log, Wood Burning, Free Standing
  • Living Great Room: Dimensions: 18x14, On Level: Main
  • Kitchen: Dimensions: 12x19, On Level: Main
  • Dining Room: Dimensions: 14x14, On Level: Main
  • Family Room: Dimensions: 13x17, On Level: Main
  • Bedroom 1: Dimensions: 15x14, On Level: Main
  • Bedroom 2: Dimensions: 18x14, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x28
  • Garage Sq Ft: 672

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air
  • Sewer: Public
  • Water Utilities: Public
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 6xMain, On Level: 12

Schools

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

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: 56x130
  • Estimated Lot Sq Ft: 7405
  • Estimated Lot Size Acres: 0.17

Tax Info

  • Annual Taxes: 2380

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2017
Closed on
Feb 17, 2017
Sold by
Patterson Randall D
Bought by
Delawter Rita D
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$249,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,254
Avg. Annual Appreciation
8.47%

Purchase Details

Listed on
Dec 31, 2015
Closed on
Jan 28, 2016
Sold by
U S Bank National Association
Bought by
Patterson Randall D
List Price
$40,000
Sold Price
$41,000
Premium/Discount to List
$1,000
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
197.92%

Purchase Details

Closed on
Jan 15, 2015
Sold by
Yocom Alan G and Yocum Alan
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 22, 2006
Sold by
Stevens Joseph T
Bought by
Yocom Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Moore Troy Allen and Moore Holly Marie
Bought by
Stevens Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.91%
Mortgage Type
New Conventional
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
Delawter Rita D $129,000 Languell Abstract & Title Corp
Patterson Randall D -- None Available
U S Bank National Association $160,057 None Available
Yocom Alan -- Progressive Land Title Of In
Stevens Joseph T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yocom Alan $128,000
Previous Owner Stevens Joseph T $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2017 02/17/17 Sold $129,000 0.0% $70 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $129,000 +214.6% $70 / Sq Ft
01/29/2016 01/29/16 Sold $41,000 +2.5% $22 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
12/31/2015 12/31/15 For Sale $40,000 -- $22 / 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 $1,920 $209,700 $11,000 $198,700
2023 $1,716 $193,500 $11,000 $182,500
2022 $810 $117,000 $11,000 $106,000
2021 $1,559 $160,900 $11,000 $149,900
2020 $1,534 $158,800 $11,000 $147,800
2019 $1,383 $144,700 $11,000 $133,700
2018 $1,253 $136,500 $11,000 $125,500
2017 $1,048 $126,900 $12,500 $114,400
2016 $2,402 $120,100 $12,500 $107,600
2014 $818 $117,500 $12,500 $105,000
2013 -- $116,400 $12,500 $103,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201702201

Indiana Regional MLS

APN: 60-10-20-400-400.400-028