$125,000
SOLD JUN 9, 2025

500 S Main St Spencerville, OH 45887

3 Beds
2 Baths
1,172 Sq Ft
0.52 Acres

Recently Sold

$107 Per Sq Ft

14% Below List Price

3 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Spencerville Elementary School Rated A-

About This Home

As of June 2025

Attention Investors! Nice duplex ready for new owner! Unit A is a 1 bedroom, 1 bathroom unit on the 1st floor with many updates . Unit B is a 2 bedroom, , 1 bathroom unit on the 2nd floor with the kitchen and living area on the 1st floor. It sits on a half acre lot where you could potentially build additional units.

Last Agent to Sell the Property

Kurt Brandehoff

Binkley Real Estate, LLC License #2018004983 Listed on: 05/05/2025

Last Buyer's Agent

Kurt Brandehoff

Binkley Real Estate, LLC License #2018004983 Listed on: 05/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,130

Year Built

  • Built in 1920

Parking

  • No Garage

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,172 Sq Ft Home
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Additional Features

  • Porch
  • 0.52 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4410906001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,130

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Semi-Annual Tax: 565.00
  • Year Built: 1920
  • Document Count: 2
  • Listing I D: 1038471
  • M L S Approved: Y
  • M L S Identifier: 20190724221641160008000000
  • New Financing: Cash, Conventional
  • Parcel I D Number Formatted: 44-11-09-01-001.000
  • Property Group I D: 19990816212116581394000000
  • Type Of Contract: Exclusive Right To Sell
  • Units Rooms Gross Monthly Rent: 750.00
  • Total Number of Units: 2
  • Condo Lot Y N: No
  • H O A C O A Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Block
  • Price/ Sq Ft: 123.72
  • Total Bedrooms: 3
  • Total Square Footage: 1172.00

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Block
  • Outside Features: Porch

Garage/Parking

  • Garage: No Garage

Utilities

  • Cooling: Central Air
  • Heating System: Forced Air, Natural Gas
  • Utilities: Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Supplied Water

Schools

  • School District: 0209 Spencerville LSD

Lot Info

  • Acres: 0.52
  • Lot Dimensions: .52 acre
  • Parcel Id Number: 4410906001000

Tax Info

  • Tax Year: 2024

MLS Schools

  • School District: 0209 Spencerville LSD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
Jun 9, 2025
Sold by
Purdy Sharon L
Bought by
Goetz Melissa A
Seller's Agent
Kurt Brandehoff
Binkley Real Estate, LLC
Buyer's Agent
Kurt Brandehoff
Binkley Real Estate, LLC
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.26%
Original Mortgage
$93,750
Outstanding Balance
$93,750
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$41,397

Purchase Details

Closed on
Dec 1, 1983
Bought by
Howell Joyce
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 Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $93,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $125,000 -13.8% $107 / Sq Ft
05/05/2025 05/05/25 For Sale $145,000 -- $124 / Sq Ft
Source: Western Regional Information Systems & Technology (WRIST)

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 $1,142 $33,610 $16,350 $17,260
2023 $915 $25,130 $10,990 $14,140
2022 $928 $25,130 $10,990 $14,140
2021 $908 $25,130 $10,990 $14,140
2020 $736 $19,540 $6,970 $12,570
2019 $736 $19,540 $6,970 $12,570
2018 $742 $19,540 $6,970 $12,570
2017 $640 $17,090 $6,970 $10,120
2016 $629 $17,090 $6,970 $10,120
2015 $663 $17,090 $6,970 $10,120
2014 $663 $17,990 $7,280 $10,710
2013 $674 $17,990 $7,280 $10,710
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kurt Brandehoff

    Binkley Real Estate, LLC

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Map

Source: Western Regional Information Systems & Technology (WRIST)

MLS Number: 1038471

Western Regional Information Systems & Technology (WRIST)

APN: 44-11-09-06-001.000

Ohio Allen County Spencerville 45887

500 S Main St, Spencerville, OH

This home is located at 500 S Main St, Spencerville, OH 45887 and is currently priced at $125,000, approximately $106 per square foot. This property was built in 1920. 500 S Main St is a home located in Allen County with nearby schools including Spencerville Elementary School, Spencerville Middle School, and Spencerville High School.

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.

Western Regional Information Systems & Technology (WRIST) 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.

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