NOT LISTED FOR SALE

516 E Porter Ridge Rd Spencer, IN 47460

Estimated Value: $251,000 - $276,000

4 Beds
1.5 Baths
1,696 Sq Ft
$155/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $168,800 $100 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,521/month

2 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • Vaulted Ceiling
  • RV Parking in Community
  • Open Floorplan
  • Ranch Style House

About This Home

As of October 2020

Looking to escape the city? You will enjoy this organic 4.23A mini farm with a 4 BR, 1,696 SF country chalet, det. gar., 2 bldgs. & lots of fencing. Less than 14 miles from the heart of Bloomington. All highway except for 1 mile which is a newly paved country rd. Raise everything in a wholesome way: family, dogs, cats, chickens, rabbits, turkeys, chickens, vegetables, flowers, & anything else with all the fencing! The home offers vaulted ceilings, owners suite w/office, walk-in closet & ½ BA; kit. w/walk-in pantry; sep. dining & LR w/wood-burning stove for those chilly nights. There is lots of space outside to entertain & relax on the front cov. porch & concrete patio or soak in the back porch hot tub. The 20x20 det. gar. is a perfect place for tools & extra gathering space if need. Lots of parking space & space for the RV too. The shady back yard has a small water feature underneath the wisteria trellis & access to the fenced dog yard, roses & fruit trees. The other 2 bldgs. are set up for free range chickens, rabbit hutches & housing for goats, sheep, or pigs. Also a garden shed w/electric for starting seed w/grow lighting & hydroponics. In the field, a solar charged electric fence provides lots of grazing area for happy farm critters. Part of the field is open for outdoor fun & slopes well for sledding too. A small creek in the woods as well! The property has county water and upgraded HVAC, metal roof; energy star water heater & 200 amp ser. A peaceful place to be!

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1960

Lot Details

  • 4.23 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Property has an invisible fence for dogs
  • Aluminum or Metal Fence
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,696 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Formal Dining Room
  • Utility Room in Garage
  • Laundry on main level
  • Crawl Space
  • Storm Doors

Kitchen

  • Walk-In Pantry
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub with Shower

Outdoor Features

  • Spa
  • Balcony
  • Covered Deck
  • Covered Patio or Porch

Schools

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

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • ENERGY STAR Qualified Water Heater
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-28-250-240.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,084

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1960
  • Age: 60
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN SW 1/4 NW S28 T9 R3 4.23A
  • Parcel Number ID: 60-17-28-250-240.000-016
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Balcony, Ceiling Fan(s), Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Deck Covered, Disposal, Open Floor Plan, Pantry-Walk In, Patio Open, Porch Covered, Skylight(s), Split Br Floor Plan, Storm Doors, RV Parking, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry, Garage Utilities
  • Location: Rural
  • Road Surface: Asphalt
  • Sp Lp Percent: 96.51
  • Year Taxes Payable: 2019 due 2020
  • Special Features: None

Interior Features

  • Total Sq Ft: 1696
  • Total Finished Sq Ft: 1696
  • Above Grade Finished Sq Ft: 1696
  • Price Per Sq Ft: 99.53
  • Basement Foundation: Crawl, Slab
  • Fireplace: Wood Burning Stove
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Living Great Room: Dimensions: 20x16, On Level: Main
  • Kitchen: Dimensions: 11x8, On Level: Main
  • Dining Room: Dimensions: 16x12, On Level: Main
  • Extra Room: Pantry, Dimensions: 8x7, On Level: Main
  • Bedroom 1: Dimensions: 27x12, On Level: Main
  • Bedroom 2: Dimensions: 10x9, On Level: Main
  • Bedroom 3: Dimensions: 12x9, On Level: Main
  • Bedroom 4: Dimensions: 11x9, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Roof Material: Metal
  • Outbuilding1: Pole/Post Building, Dimensions: 24x20, 480
  • Fence: Metal, Pet Fence
  • Outbuilding2: Garden Shed, Dimensions: 12x12, 144

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 24x20
  • Garage Sq Ft: 480
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Water Company: Eastern Heights Utilities
  • Hvac: Ceiling Fan

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: Corner, Irregular, Level, Partially Wooded, Pasture
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 184259
  • Estimated Lot Size Acres: 4.23

Green Features

  • Energy Efficient: Water Heater

Tax Info

  • Annual Taxes: 1084.04
  • Exemptions: Homestead, Mortgage, Supplemental

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 25, 2020
Closed on
Oct 23, 2020
Sold by
Robbins Christopher G and Robbins Mary E
Bought by
Birge Jacob E
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$174,900
Sold Price
$168,800
Premium/Discount to List
-$6,100
-3.49%
Current Estimated Value
$263,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,272
Avg. Annual Appreciation
9.42%
Original Mortgage
$160,360
Outstanding Balance
$142,372
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$120,700

Purchase Details

Closed on
Sep 21, 2009
Sold by
Robbins Christopher G
Bought by
Robbins Christopher G and Robbins Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,673
Interest Rate
5.19%
Mortgage Type
FHA
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
Birge Jacob E $168,800 Title Plus
Robbins Christopher G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birge Jacob E $160,360
Previous Owner Robbins Christopher G $103,673
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $168,800 -3.5% $100 / Sq Ft
09/25/2020 09/25/20 For Sale $174,900 -- $103 / 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 $1,508 $213,600 $46,200 $167,400
2023 $1,458 $200,400 $46,200 $154,200
2022 $1,553 $191,200 $46,200 $145,000
2021 $1,384 $158,100 $46,200 $111,900
2020 $1,326 $154,600 $46,200 $108,400
2019 $1,084 $132,600 $30,900 $101,700
2018 $1,083 $134,900 $22,500 $112,400
2017 $1,029 $132,500 $22,500 $110,000
2016 $988 $128,600 $22,500 $106,100
2014 $944 $125,400 $22,500 $102,900
2013 -- $120,000 $22,500 $97,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Buyer's Agent in 2020

    BLOOM NonMember

    NonMember BL

See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202038723

Indiana Regional MLS

APN: 60-17-28-250-240.000-016

Indiana Owen County Spencer 47460

516 E Porter Ridge Rd, Spencer, IN

This home is located at 516 E Porter Ridge Rd, Spencer, IN 47460 since 25 September 2020 and is currently estimated at $263,072, approximately $155 per square foot. This property was built in 1960. 516 E Porter Ridge Rd is a home located in Owen County with nearby schools including Owen Valley Community 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.

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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