NOT LISTED FOR SALE

504 Meadow Dr Spencer, IN 47460

Estimated Value: $163,618 - $174,000

3 Beds
1 Bath
950 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $84,500 $89 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $951/month

33 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Ceramic Tile Flooring
  • 1 Car Attached Garage
  • Bathtub with Shower
  • Landscaped

About This Home

As of October 2017

This charming ranch home is move in ready! Nice 3 bedroom starter home or even someone looking to downsize! New carpet throughout and painted in cool, modern colors. The eat-in kitchen has a picture window with a view of the very large back yard with privacy fence. The garage floor has been covered with epoxy. It is conveniently located close to downtown Spencer and Spencer Elementary School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,004

Year Built

  • Built in 1974

Lot Details

  • 7,492 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Landscaped
  • Irregular Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Kitchen

  • Eat-In Kitchen
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Additional Features

  • Laundry on main level
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-200-400.073-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,004

Year Built

Built in 1974

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1974
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: Mayfair West Lot 22
  • Parcel Number ID: 60-10-20-200-400.073-028
  • Platted: Yes
  • Amenities: Cable Ready, Disposal, Eat-In Kitchen, Garage Door Opener, Landscaped, Tub/Shower Combination, Main Floor Laundry
  • Cross Street: Hillcrest
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 950
  • Total Finished Sq Ft: 950
  • Above Grade Finished Sq Ft: 950
  • Basement Foundation: Slab
  • Flooring: Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 12x15, On Level: Main
  • Kitchen: Dimensions: 12x15, On Level: Main
  • Breakfast Room: Dimensions: 7x5, On Level: Main
  • Bedroom 1: Dimensions: 12x14, On Level: Main
  • Bedroom 2: Dimensions: 10x10, On Level: Main
  • Bedroom 3: Dimensions: 9x9, On Level: Main
  • Main Level Sq Ft: 950
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Brick
  • Roof Material: Shingle
  • Outbuilding1: None
  • Fence: Privacy, Wood

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 13x25

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
  • Cable Company: Comcast
  • Laundry: Dimensions: 6xMain, On Level: 5

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 7492
  • Estimated Lot Size Acres: 0.172
  • Lot Number: 22

Tax Info

  • Annual Taxes: 1004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2017
Closed on
Oct 18, 2017
Sold by
Willis Carla F
Bought by
Zach Turk
List Price
$84,900
Sold Price
$84,500
Premium/Discount to List
-$400
-0.47%
Current Estimated Value
$168,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,905
Avg. Annual Appreciation
8.80%
Original Mortgage
$82,968
Outstanding Balance
$69,227
Interest Rate
3.78%
Mortgage Type
FHA
Estimated Equity
$99,178
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
Zach Turk $84,500 --
Turk Zach $84,500 Languell Abstract & Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turk Zach $82,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2017 10/18/17 Sold $84,500 -0.5% $89 / Sq Ft
10/11/2017 10/11/17 Pending -- -- --
09/08/2017 09/08/17 For Sale $84,900 -- $89 / 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 $793 $105,500 $9,800 $95,700
2023 $712 $98,700 $9,800 $88,900
2022 $331 $63,100 $9,800 $53,300
2021 $489 $79,200 $9,800 $69,400
2020 $417 $74,300 $9,800 $64,500
2019 $406 $70,600 $7,600 $63,000
2018 $380 $66,400 $7,600 $58,800
2017 $259 $50,200 $7,200 $43,000
2016 $1,004 $50,200 $7,200 $43,000
2014 $1,002 $50,100 $7,200 $42,900
2013 -- $49,600 $7,200 $42,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201741826

Indiana Regional MLS

APN: 60-10-20-200-400.073-028