NOT LISTED FOR SALE

448 Lovers Ln Spencer, IN 47460

Estimated Value: $259,921 - $313,000

3 Beds
1.5 Baths
2,110 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $189,900 $90 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,732/month

42 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Built-in Bookshelves
  • Wood Flooring
  • Formal Dining Room
  • Walk-In Closet

About This Home

As of October 2020

Charming 2 story in Spencer. Tons of original character from years past such as: hardwood floors, stained glass windows, trim and woodwork.3 bedrooms, 1 1/2 baths, den, roomy living room with wood burning, dining room with built-in china cabinet, large kitchen with island and walk-in pantry. Bedroom on main level , all bedrooms have walk-in closets, enclosed back porch and plenty of space in back to start your own herb garden. Gas heat/AC.

Last Agent to Sell the Property

Joannie Sheese

West & Co., REALTORS Listed on: 08/24/2020

Last Buyer's Agent

Joannie Sheese

West & Co., REALTORS Listed on: 08/24/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1923

Lot Details

  • 0.25 Acre Lot
  • Level Lot

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Built-in Bookshelves
  • Ceiling height of 9 feet or more
  • Living Room with Fireplace
  • Formal Dining Room
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Covered Patio or Porch

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 60-10-21-200-400.071-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1923
  • Age: 97
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN NW S21 T10 R3 .25ACRE
  • Parcel Number ID: 60-10-21-200-400.071-028
  • Platted: Yes
  • Amenities: Built-In Bookcase, Ceiling-9+, Closet(s) Walk-in, Disposal, Porch Covered, Formal Dining Room
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2019/2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 3870
  • Total Finished Sq Ft: 2110
  • Above Grade Finished Sq Ft: 2110
  • Above Grade Unfinished Sq Ft: 500
  • Below Grade Sq Ft: 1260
  • Price Per Sq Ft: 90
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Vinyl
  • Living Great Room: Dimensions: 24x13, On Level: Main
  • Kitchen: Dimensions: 18x15, On Level: Main
  • Dining Room: Dimensions: 15x10, On Level: Main
  • Den: Dimensions: 14x12, On Level: Upper
  • Bedroom 1: Dimensions: 13x12, On Level: Upper
  • Bedroom 2: Dimensions: 13x10, On Level: Upper
  • Bedroom 3: Dimensions: 18x10, On Level: Upper
  • Main Level Sq Ft: 1364
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1260

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Laundry: Dimensions: Mainx8, On Level: 23

Schools

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

Lot Info

  • Lot Description: Level
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 10890
  • Estimated Lot Size Acres: 0.25

Tax Info

  • Annual Taxes: 752.64
  • 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
Aug 24, 2020
Closed on
Oct 5, 2020
Sold by
Sulinski Adam Michael
Bought by
Jones Jeffrey K and Jones Ruth A
Seller's Agent
Joannie Sheese
West & Co., REALTORS
Buyer's Agent
Joannie Sheese
West & Co., REALTORS
List Price
$189,900
Sold Price
$189,900
Current Estimated Value
$284,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,732
Avg. Annual Appreciation
9.08%

Purchase Details

Listed on
Jun 12, 2015
Closed on
Jun 3, 2016
Sold by
Casebeer Jared M
Bought by
Sulinski Adam Michael
List Price
$117,900
Sold Price
$110,000
Premium/Discount to List
-$7,900
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%
Original Mortgage
$108,007
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 2015
Sold by
Wheeler Ken D and Wheeler Mary E
Bought by
Casebeer Jared M

Purchase Details

Closed on
Mar 15, 2010
Sold by
Casebeer Jared M
Bought by
Wheeler Ken D and Wheeler Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2008
Sold by
West James E and Mary Lou Hinchman Trust
Bought by
Casebeer Jared M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,029
Interest Rate
5.95%
Mortgage Type
New Conventional
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
Jones Jeffrey K $189,900 Languell Title Company
Sulinski Adam Michael $110,000 --
Casebeer Jared M -- None Available
Wheeler Ken D $110,000 None Available
Casebeer Jared M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sulinski Adam Michael $108,007
Previous Owner Wheeler Ken D $110,000
Previous Owner Casebeer Jared M $106,029
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $189,900 0.0% $90 / Sq Ft
08/24/2020 08/24/20 For Sale $189,900 +72.6% $90 / Sq Ft
06/03/2016 06/03/16 Sold $110,000 -6.7% $52 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
06/12/2015 06/12/15 For Sale $117,900 -- $56 / 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 $2,074 $207,400 $23,500 $183,900
2023 $1,867 $186,700 $23,500 $163,200
2022 $1,288 $128,800 $23,500 $105,300
2021 $1,488 $148,800 $23,500 $125,300
2020 $841 $95,600 $23,500 $72,100
2019 $753 $88,800 $23,500 $65,300
2018 $676 $84,000 $23,500 $60,500
2017 $639 $83,200 $23,500 $59,700
2016 $541 $83,200 $23,500 $59,700
2014 $564 $83,400 $23,500 $59,900
2013 -- $82,800 $23,500 $59,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202034130

Indiana Regional MLS

APN: 60-10-21-200-400.071-028