NOT LISTED FOR SALE

4985 Log Cabin Ln Spencer, IN 47460

Estimated Value: $211,000 - $455,000

2 Beds
2 Baths
1,750 Sq Ft
$170/Sq Ft Est. Value

Last Sold August 31, 2015

Last sale price $89,900 $51 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $1,651/month

73 Days on Market

Highlights

  • RV Parking in Community
  • Open Floorplan
  • Partially Wooded Lot
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Backs to Open Ground

About This Home

As of August 2015

Take a look at this charming log home just off Hwy 46W in Spencer. This is a one owner 2 bedroom, 2 full bath plus a huge loft area. The loft overlooks the living and dining areas, giving a spacious feel to the home. Features include all appliances, covered front porch and handcrafted kitchen cabinets.

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $491

Year Built

  • Built in 1998

Lot Details

  • 1.4 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Partially Wooded Lot

Home Design

  • Log Cabin
  • Metal Roof
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-11-16-100-020.160-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$491

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1998
  • Style: One and Half Story
  • Architectural Style: Log
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: 46 West Addition Pt Lot B-16
  • Parcel Number ID: 60-11-16-100-020.160-022
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Ceiling Fan(s), Ceilings-Vaulted, Dryer Hook Up Electric, Open Floor Plan, Porch Covered, RV Parking, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Chapman Road
  • Grid: Spencer(OW)
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1750
  • Total Finished Sq Ft: 1750
  • Above Grade Finished Sq Ft: 1750
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Hardwood Floors
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Family Room: Dimensions: 14x27, On Level: Main
  • Bedroom 1: Dimensions: 11x16, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Loft: Dimensions: 22x25, On Level: Upper
  • Main Level Sq Ft: 1200
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Log
  • Roof Material: Metal
  • Outbuilding1: None

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Morgan Co REMC
  • Water Company: BBP

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 60940
  • Estimated Lot Size Acres: 1.399

Tax Info

  • Annual Taxes: 490.82
  • Exemptions: Homestead, Mortgage, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2015
Closed on
Aug 28, 2015
Sold by
Schmitter Carl and Schmitter Mark
Bought by
Frye Cody L
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$89,900
Sold Price
$89,900
Current Estimated Value
$296,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,996
Avg. Annual Appreciation
12.32%
Original Mortgage
$92,700
Outstanding Balance
$72,959
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$223,937
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frye Cody L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frye Cody L $92,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $89,900 0.0% $51 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $89,900 -- $51 / 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 $1,066 $177,600 $32,400 $145,200
2023 $1,113 $179,800 $32,400 $147,400
2022 $1,140 $165,800 $32,400 $133,400
2021 $897 $129,700 $32,400 $97,300
2020 $794 $122,200 $30,800 $91,400
2019 $554 $97,000 $30,800 $66,200
2018 $493 $91,400 $30,800 $60,600
2017 $503 $93,100 $30,800 $62,300
2016 $476 $90,500 $30,800 $59,700
2014 $491 $91,800 $30,800 $61,000
2013 -- $89,800 $30,800 $59,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2015

    BLOOM NonMember

    NonMember BL

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 201528787

Indiana Regional MLS

APN: 60-11-16-100-020.160-022

Indiana Owen County Spencer 47460

4985 Log Cabin Ln, Spencer, IN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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