$99,000
SOLD NOV 14, 2014

526 Hancock School Rd Spencer, IN 47460

3 Beds
2 Baths
1,176 Sq Ft
5 Acres

Recently Sold

$84 Per Sq Ft

10% Below List Price

16 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • Backs to Open Ground
  • Open Floorplan
  • Ranch Style House
  • Whirlpool Bathtub

About This Home

As of July 2022

How does 5 beautiful Acres in the Country with a pond and an immaculate 3 BR 2 Bath home that has been totally remodeled sound? Well this place has it all and more. The pond sits right in the middle of the property and is surrounded by flat to gently rolling land that is partially fenced and perfect for a mini farm. The home is located only a few miles from Spencer and has City Water and a brand new metal roof. The inside of the home is perfect, new carpet and vinyl flooring, new paint, countertops, light fixtures, updated bathrooms, one with a jetted tub and new doors and trim work. There is a nice garden shed behind the home and new trees have been planted and updated landscaping has been completed. Call us today it will not last long.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $394

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 632x301
  • Waterfront
  • Backs to Open Ground
  • Rural Setting
  • Partially Fenced Property
  • Level Lot
  • Zoning described as Agricultural Homesites

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • Open Floorplan
  • Washer and Gas Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub

Basement

  • Block Basement Construction
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch

Utilities

  • Central Air
  • Propane
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-26-200-220.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$394

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 2001
  • Age: 13
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT NE NW S26 T10 R4; 5.0A; AKA TRACT 1
  • Parcel Number ID: 60-11-26-200-220.000-027
  • Platted: Yes
  • Amenities: Closet(s) Walk-in, Deck Open, Dryer Hook Up Gas, Jet Tub, Open Floor Plan, Porch Covered, Washer Hook-Up
  • Cross Street: Hyden Rd
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Section Number: 26
  • Sp Lp Percent: 90.08
  • Zoning Description: Agricultural Homesites
  • Special Features: None

Interior Features

  • Total Sq Ft: 1176
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 14x15, On Level: Main
  • Kitchen: Dimensions: 13x17, On Level: Main
  • Bedroom 1: Dimensions: 12x13, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Main Level Sq Ft: 1176
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None, Dimensions: 12x10, 120
  • Fence: Partial

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: Bloomfield REMC
  • Laundry: Dimensions: 8xMain, On Level: 8
  • Water Type: Pond

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Spencer
  • Middle School: Owen County
  • High School: Owen Valley

Lot Info

  • Lot Description: Level, Rolling, Waterfront, 3-5.9999
  • Lot Dimensions: 632X301
  • Estimated Lot Sq Ft: 217800
  • Estimated Lot Size Acres: 5
  • Zoning: A-R Agriculture-Residential

Green Features

  • Energy Efficient: Doors, Windows

Tax Info

  • Annual Taxes: 394
  • Total Assessed Value: 77200
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 12, 2022
Sold by
Summers Jesse K
Bought by
Cummings Tamara Marie
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Diana Martin
NonMember MEIAR
List Price
$204,900
Sold Price
$245,000
Premium/Discount to List
$40,100
19.57%
Current Estimated Value
$251,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,279
Avg. Annual Appreciation
-2.57%
Original Mortgage
$240,562
Outstanding Balance
$231,653
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$5,160

Purchase Details

Listed on
Sep 10, 2014
Closed on
Nov 14, 2014
Sold by
Mayo Beth
Bought by
Summers Jesse K
List Price
$109,900
Sold Price
$99,000
Premium/Discount to List
-$10,900
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.56%
Original Mortgage
$101,020
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 18, 2014
Sold by
Beneficial Financial I Inc
Bought by
Mayo Beth
Seller's Agent
Linda Dzierba
Dzierba Real Estate Services
Buyer's Agent
Linda Dzierba
Dzierba Real Estate Services
List Price
$45,900
Sold Price
$42,500
Premium/Discount to List
-$3,400
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
218.48%

Purchase Details

Closed on
Nov 21, 2013
Sold by
Iii
Bought by
Beneficial Financial I Inc Successor By Merge
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 Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Special Warranty Deed -- None Available
Deed $79,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,562 New Conventional
Previous Owner $101,020 New Conventional
Previous Owner $124,684 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $245,000 +19.6% $208 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $204,900 +107.0% $174 / Sq Ft
11/14/2014 11/14/14 Sold $99,000 -9.9% $84 / Sq Ft
09/26/2014 09/26/14 Pending -- -- --
09/10/2014 09/10/14 For Sale $109,900 +158.6% $93 / Sq Ft
02/21/2014 02/21/14 Sold $42,500 0.0% $36 / Sq Ft
02/21/2014 02/21/14 Sold $42,500 -7.4% $36 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/11/2014 02/11/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $45,900 -23.4% $39 / Sq Ft
12/10/2013 12/10/13 For Sale $59,900 -- $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 $1,234 $170,500 $50,000 $120,500
2023 $1,124 $148,500 $37,500 $111,000
2022 $1,038 $131,100 $31,500 $99,600
2021 $1,028 $119,700 $31,500 $88,200
2020 $1,025 $121,800 $31,500 $90,300
2019 $937 $112,100 $26,000 $86,100
2018 $732 $98,800 $16,000 $82,800
2017 $663 $94,000 $16,000 $78,000
2016 $509 $86,700 $16,000 $70,700
2014 -- $81,500 $16,000 $65,500
2013 -- $77,200 $16,000 $61,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201440055

Indiana Regional MLS

APN: 60-11-26-200-220.000-027