NOT LISTED FOR SALE

5107 W State Highway 46 Spencer, IN 47460

Estimated Value: $297,000 - $364,000

3 Beds
2 Baths
2,144 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 17, 2012

Last sale price $57,000 $27 Per Sq Ft

Est. 470% increase in value since last sale

Current estimated payment $1,860/month

74 Days on Market

Highlights

  • Partially Wooded Lot
  • 2 Car Attached Garage
  • 1-Story Property
  • 1 Fireplace
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of January 2012

This is a 2100 SQFT, 3 bedrooms, 2 bath home with a full basement. The front of the home is Limestone. 2 car attached garage. Inside you have a Living room with large bay window, an eat-in kitchen, partially finished basement. Remodeling has been started in the basement but has not been finished. Home has many of possibilities. Over 4 acres of beautiful park like setting with large mature trees. This older home is in good structural condition but needs updates. If you are looking for a good home that needs some work at a price you can afford this is the one. Home does have a shared driveway. Property sold AS-IS.

Last Agent to Sell the Property

Rob Ranard

Home Team Properties Listed on: 09/19/2011

Last Buyer's Agent

Rob Ranard

Home Team Properties Listed on: 09/19/2011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $644

Year Built

  • Built in 1975

Lot Details

  • 4.9 Acre Lot
  • Partially Wooded Lot
  • Zoning described as R-1-Residential(SP)

Parking

  • 2 Car Attached Garage

Home Design

  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Walk-Out Basement
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Community Details

  • Owen Subdivision

Listing and Financial Details

  • Assessor Parcel Number 035-080-00005005

Home Details

Home Type

Single Family

Est. Annual Taxes

$644

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1975
  • Age: 36
  • Style: One Story
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Total Full Bathrooms: 2
  • Legal Description: Pt NE NW 9-10-4W (4.908 Acres) |
  • Parcel Number ID: 035-080-00005005
  • Platted: Yes
  • Amenities: Eat-In Kitchen
  • Zoning Description: R-1-Residential(SP)
  • Year Taxes Payable: 2010/2011
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2144
  • Total Finished Sq Ft: 2144
  • Above Grade Finished Sq Ft: 1072
  • Below Grade Finished Sq Ft: 1072
  • Price Per Sq Ft: 53.17
  • Basement Foundation: Walk-Out Basement
  • Number Of Fireplaces: 1
  • Fireplace: Yes
  • Living Great Room: Dimensions: 12x17, On Level: Main
  • Kitchen: Dimensions: 17x11, On Level: Main
  • Family Room: Dimensions: 14x22, On Level: Lower
  • Recreation Room: Dimensions: 17x14, On Level: Lower
  • Bedroom 1: Dimensions: 11x15, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Main Level Sq Ft: 2144
  • Total Below Grade Sq Ft: 1072

Exterior Features

  • Exterior: Stone

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic

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: Partially Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Size Acres: 4.9

Tax Info

  • Annual Taxes: 644.04
  • Exemptions: Over 65, 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
Sep 19, 2011
Closed on
Jan 17, 2012
Sold by
Huerta Gene Annette and Estate Of Donnie Gene Hunt
Bought by
Hess Wright Michelle D
Seller's Agent
Rob Ranard
Home Team Properties
Buyer's Agent
Rob Ranard
Home Team Properties
List Price
$65,000
Sold Price
$57,000
Premium/Discount to List
-$8,000
-12.31%
Current Estimated Value
$324,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,959
Avg. Annual Appreciation
13.53%
Original Mortgage
$55,550
Outstanding Balance
$37,662
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$287,297
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
Hess Wright Michelle D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hess Wright Michelle D $55,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2012 01/17/12 Sold $57,000 -12.3% $27 / Sq Ft
12/02/2011 12/02/11 Pending -- -- --
09/19/2011 09/19/11 For Sale $65,000 -- $30 / 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 $1,562 $238,200 $23,000 $215,200
2023 $1,586 $236,000 $23,000 $213,000
2022 $1,591 $211,000 $24,700 $186,300
2021 $1,328 $167,600 $24,700 $142,900
2020 $177 $41,200 $20,400 $20,800
2019 $989 $133,500 $17,200 $116,300
2018 $966 $132,600 $17,200 $115,400
2017 $1,139 $130,700 $17,200 $113,500
2016 $545 $95,400 $17,200 $78,200
2014 $552 $91,500 $17,200 $74,300
2013 -- $87,300 $17,200 $70,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 409073

Indiana Regional MLS

APN: 60-11-16-200-080.000-022