NOT LISTED FOR SALE

4160 Freedom Rd Spencer, IN 47460

Estimated Value: $271,000 - $374,296

3 Beds
2 Baths
1,860 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 08, 2015

Last sale price $175,000 $94 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,882/month

228 Days on Market

Highlights

  • Above Ground Pool
  • 23.21 Acre Lot
  • Ranch Style House
  • RV Parking in Community
  • Wooded Lot
  • 3 Car Detached Garage

About This Home

As of October 2015

Fantastic little hobby farm-or full blown livestock operation-you can do either and more on this picturesque 23 ac farm just South of Spencer! The 23 ac grounds are mainly open pasture and alfalfa fields with a tree ring for privacy. The house is a 1,860 sqft 3bd, 2ba over a walkout unf basement with a sunroom and large deck to enjoy the wonderful views of the property and the scenic pond that the house over looks. The property also contains multifunctional 2,400 sqft and 1,800 sqft outbuildings w/concrete floors, electrical and water in addition to a 600 sqft 3 car garage. The buildings could fit many uses including garage/storage, livestock pens, hay storage, etc... There are two wells on the property that both provide super water sources. Don't miss the incredible value found in this multifunctional farm property with many possible uses!!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1954

Lot Details

  • 23.21 Acre Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Foundation
  • Vinyl Construction Material

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Walk-Up Access
  • 1 Bedroom in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Above Ground Pool
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 60-16-22-304-190.000-017

Community Details

Overview

  • RV Parking in Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1954

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1954
  • Age: 61
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 1
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: In E 1/2 # 1/2 SW S22 T9 R4, 9.71A; In E 1/2
  • Parcel Number ID: 60-16-22-304-190.000-017
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Deck Open, RV Parking, Stand Up Shower, Tub/Shower Combination
  • Sp Lp Percent: 87.54
  • Special Features: None

Interior Features

  • Total Sq Ft: 2940
  • Total Finished Sq Ft: 1860
  • Above Grade Finished Sq Ft: 1860
  • Below Grade Sq Ft: 1080
  • Basement: Yes
  • Basement Foundation: Unfinished, Walk-up
  • Basement Material: Brick
  • Living Great Room: Dimensions: 22x16, On Level: Main
  • Kitchen: Dimensions: 9x13, On Level: Main
  • Dining Room: Dimensions: 13x11, On Level: Main
  • Den: Dimensions: 7x10, On Level: Main
  • Extra Room: Sunroom, Dimensions: 12x10, On Level: Main
  • Bedroom 1: Dimensions: 11x19, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1080

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: Barn, Dimensions: 60x40, 2400
  • Pool: Above Ground
  • Pool: Yes
  • Outbuilding2: Pole/Post Building, Dimensions: 60x30, 1800

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 30x20
  • Garage Sq Ft: 600

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: 6xMain, On Level: 7
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Level, Rolling, Pasture, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1011028
  • Estimated Lot Size Acres: 23.21

Tax Info

  • Annual Taxes: 1764.44
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Oct 8, 2015
Sold by
Jones James
Bought by
Cornelius Charles R and Cornelius Phyllis K
List Price
$158,000
Sold Price
$175,000
Premium/Discount to List
$17,000
10.76%
Total Days on Market
228
Current Estimated Value
$324,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,074
Avg. Annual Appreciation
6.64%

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
Cornelius Charles R -- None Available
Jones James -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Charles R $30,000
Previous Owner Jones James $9,979
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2015 10/08/15 Sold $175,000 +10.8% $94 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $158,000 -- $85 / 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 $1,031 $239,500 $61,400 $178,100
2023 $1,436 $227,400 $57,800 $169,600
2022 $1,600 $226,000 $54,100 $171,900
2021 $1,621 $182,700 $52,100 $130,600
2020 $1,577 $180,500 $52,000 $128,500
2019 $1,464 $161,000 $45,100 $115,900
2018 $1,888 $167,100 $45,500 $121,600
2017 $1,643 $150,800 $33,000 $117,800
2016 $1,688 $151,900 $33,900 $118,000
2014 $1,711 $157,200 $34,700 $122,500
2013 -- $159,800 $32,100 $127,700
Source: Public Records

Map

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Source: Indiana Regional MLS

MLS Number: 201500309

Indiana Regional MLS

APN: 60-16-22-304-190.000-017