$42,500
SOLD FEB 21, 2014

526 Hancock School Rd Spencer, IN 47460

3 Beds
1 Bath
1,176 Sq Ft
4 Acres

Recently Sold

$36 Per Sq Ft

29% Below List Price

63 Days on Market

Highlights

  • Patio
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of July 2022

What a bargain for a 4 acre mini-farm. STICK BUILT 3 BR 2 bath ranch which just needs a general face lift. Perfect for an FHA 203K loan! Level open land with 2 ponds and a small outbuilding. Home has an open floor plan, covered porch and rear deck.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $395

Year Built

  • Built in 2001

Lot Details

  • 4 Acre Lot
  • Rural Setting

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 1,176 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • 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

$395

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 13
  • Style: One Story
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE NW S26 T10 R4: 5.OA; AKA Tract 1
  • Parcel Number ID: 60-11-26-200-220.000-027
  • Platted: Yes
  • Amenities: Patio Open
  • Location: Rural
  • Sp Lp Percent: 92.59
  • Special Features: None

Interior Features

  • Total Sq Ft: 1176
  • Total Finished Sq Ft: 1176
  • Above Grade Finished Sq Ft: 1176
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Utilities

  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Public

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 174240
  • Estimated Lot Size Acres: 4

Tax Info

  • Annual Taxes: 394.58
  • 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
-2.58%
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
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 -- 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

  • D

    Seller's Agent in 2022

    Deborah Foutch

    Owen County Home Company

    (812) 821-7005

    142 Total Sales

    Deborah Foutch
    Section Image

  • D

    Buyer's Agent in 2022

    Diana Martin

    NonMember MEIAR

    (765) 747-7197

    3,868 Total Sales

    Diana Martin
    Section Image
  • Linda Dzierba

    Seller's Agent in 2014

    Linda Dzierba

    Dzierba Real Estate Services

    (812) 333-4041

    141 Total Sales

    Linda Dzierba
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201319762

Indiana Regional MLS

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

Indiana Owen County Spencer 47460

526 Hancock School Rd, Spencer, IN

This home is located at 526 Hancock School Rd, Spencer, IN 47460 and is currently priced at $42,500, approximately $36 per square foot. This property was built in 2001. 526 Hancock School 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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