NOT LISTED FOR SALE

48 E Wayne St Spencer, IN 47460

Estimated Value: $141,000 - $224,000

2 Beds
1 Bath
1,998 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 01, 2018

Last sale price $77,400 $39 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $1,023/month

99 Days on Market

Highlights

  • Covered Patio or Porch
  • 1-Story Property
  • Combination Dining and Living Room
  • Bungalow
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace

About This Home

As of October 2018

This 2 bed, 1 bath charming house won't last long! There is an office/den that could be used as a 3rd bedroom, if desired. City water, city sewer, access to high speed internet, gas log fireplace, fenced in back yard, and nice carport! House is in a perfect location - only half a block off of Main Street in Spencer! House is in a flood plain but you're just a walk away from the downtown, fair grounds, Cooper's Commons, and MyPath trail. Motivated Sellers!!!!

Last Agent to Sell the Property

Tilden Keith

Keith Realty & Auction Group License #RB14052438 Listed on: 05/22/2018

Last Buyer's Agent

Tilden Keith

Keith Realty & Auction Group License #RB14052438 Listed on: 05/22/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $350

Year Built

  • Built in 1900

Lot Details

  • 3,528

Home Design

  • Bungalow
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Combination Dining and Living Room
  • Partial Basement
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Community Sewer or Septic

Additional Features

  • Covered Patio or Porch
  • 3,528 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 601020400400686028

Home Details

Home Type

Single Family

Est. Annual Taxes

$350

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1900
  • Garage Y N: No
  • Lot Size Acres: 0.081
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: Not Applicable
  • Property Description: This 2 bed, 1 bath charming house won't last long! There is an office/den that could be used as a 3rd bedroom, if desired. City water, city sewer, access to high speed internet, gas log fireplace, fenced in back yard, and nice carport! House is in a perfect location - only half a block off of Main Street in Spencer! House is in a flood plain but you're just a walk away from the downtown, fair grounds, Cooper's Commons, and MyPath trail. Motivated Sellers!!!!
  • Transaction Type: Sale
  • Website: www.keithrealty.net
  • Special Features: None

Interior Features

  • Basement: No
  • Basement Type: Partial
  • Appliances: None
  • Levels: One
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Living Area: 1998
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Dining Combo/Living Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1142
  • Main Level Sq Ft: 1142
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 1998
  • Below Grade Sq Ft: 856
  • Upper Level Sq Ft: 0
  • Pct Optional Level Finished: 0-25%
  • Optional Level Below Grade: Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch

Garage/Parking

  • Fuel: Gas
  • Garage Parking Description: None

Utilities

  • Sewer: Community Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Community Water
  • Solid Waste: 0
  • Utility Options: Cable Available,High Speed Internet Avail
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 601020400400686028
  • Acres: <1/4 Acre
  • Lot Number: 153
  • Lot Size: 3,528

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 350
  • Semi Annual Property Tax Amt: 175
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2018
Closed on
Oct 1, 2018
Sold by
Gonser Jr Michael D
Bought by
Joseph Gatliff
Seller's Agent
Tilden Keith
Keith Realty & Auction Group
Buyer's Agent
Tilden Keith
Keith Realty & Auction Group
List Price
$89,900
Sold Price
$77,400
Premium/Discount to List
-$12,500
-13.9%
Current Estimated Value
$165,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,680
Avg. Annual Appreciation
11.04%
Original Mortgage
$75,998
Outstanding Balance
$67,126
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$97,954

Purchase Details

Closed on
Feb 2, 2005
Sold by
Farley Danny J and Farley Kari L
Bought by
Gonser Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,110
Interest Rate
5.79%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Gatliff $77,400 --
Gatliff Joseph $77,400 Languell Abstract & Title Corp
Gonser Michael D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gatliff Joseph $75,998
Previous Owner Gonser Michael D $52,110
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $77,400 -3.1% $39 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
07/11/2018 07/11/18 Price Changed $79,900 -5.9% $40 / Sq Ft
06/14/2018 06/14/18 Price Changed $84,900 -5.6% $42 / Sq Ft
05/22/2018 05/22/18 For Sale $89,900 -- $45 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,859 $100,700 $6,600 $94,100
2023 $1,226 $93,300 $6,600 $86,700
2022 $432 $73,100 $6,600 $66,500
2021 $451 $74,900 $6,600 $68,300
2020 $422 $70,200 $6,600 $63,600
2019 $399 $64,500 $6,700 $57,800
2018 $376 $60,700 $6,700 $54,000
2017 $351 $58,300 $9,500 $48,800
2016 $338 $58,300 $9,500 $48,800
2014 $299 $55,400 $9,500 $45,900
2013 -- $54,900 $9,500 $45,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tilden Keith

    Keith Realty & Auction Group

    (812) 821-1408

    7 in this area

    55 Total Sales

    Tilden Keith
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21568028

MIBOR Broker Listing Cooperative®

APN: 60-10-20-400-400.686-028

Indiana Owen County Spencer 47460

48 E Wayne St, Spencer, IN

Not Listed for Sale

Detached

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