NOT LISTED FOR SALE

53 S Park Ave Spencer, IN 47460

Estimated Value: $185,000 - $218,000

2 Beds
2 Baths
1,296 Sq Ft
$60/mo HOA Fee

Last Sold October 27, 2014

Last sale price $92,000 $71 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $1,162/month

72 Days on Market

Highlights

  • Primary Bedroom Suite
  • 2 Car Attached Garage
  • Walk-In Closet
  • Ranch Style House
  • Eat-In Kitchen
  • ADA Inside

About This Home

As of October 2014

2 bedroom, 2 full baths, condominium that offers a carefree lifestyle with the exterior being maintained for you with snow removal and lawn care. Living room, eat-in kitchen, sunroom, walk-in closets, all electric and 2 car attached garage. Good location with close proximity to health care, restaurants, beauty salons, post office and downtown.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $199

Year Built

  • Built in 1996

Lot Details

  • 4,792

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Crawl Space
  • Eat-In Kitchen

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Additional Features

  • ADA Inside
  • Suburban Location
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 60-10-21-300-400.301-028

Property Details

Home Type

Condominium

Est. Annual Taxes

$199

Year Built

Built in 1996

Lot Details

0

HOA Fees

$60 per month

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1996
  • Age: 18
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 5
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Bldg 8 Unit A Lewis-Worman Add PT FRL S21 T10 R3 .116 ACRE
  • Parcel Number ID: 60-10-21-300-400.301-028
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, ADA Features, Closet(s) Walk-in, Dryer Hook Up Electric, Eat-In Kitchen, Main Level Bedroom Suite, Main Floor Laundry
  • Location: City/Town/Suburb
  • Sp Lp Percent: 92.18
  • Special Features: None

Interior Features

  • Total Sq Ft: 1296
  • Total Finished Sq Ft: 1296
  • Above Grade Finished Sq Ft: 1296
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 12x19, On Level: Main
  • Kitchen: Dimensions: 12x20, On Level: Main
  • Bedroom 1: Dimensions: 12x18, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Main
  • Other Room1: SUNROOM, Dimensions: 8x11
  • Main Level Sq Ft: 1296
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 20x21
  • Garage Sq Ft: 420

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Public
  • Water Utilities: Public
  • Laundry: Dimensions: 8xMain, On Level: 9

Condo/Co-op/Association

  • Association Restrictions: Yes
  • Association Fees: 60
  • Association Fees Frequency: Monthly

Schools

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

Lot Info

  • Estimated Lot Sq Ft: 4792
  • Estimated Lot Size Acres: 0.11

Tax Info

  • Annual Taxes: 198.58
  • Exemptions: Homestead, Mortgage, Over 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2014
Closed on
Oct 22, 2014
Sold by
Grimes Rita M
Bought by
Hole Kristina J and Estate Of Clarice P Archer
List Price
$109,900
Sold Price
$92,000
Premium/Discount to List
-$17,900
-16.29%
Current Estimated Value
$198,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,560
Avg. Annual Appreciation
7.10%
Original Mortgage
$32,000
Outstanding Balance
$25,186
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$168,229

Purchase Details

Closed on
Jul 11, 2005
Sold by
Lewis Worman Owners Association
Bought by
Grimes Rita M
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 Buyer Sale Price Title Company
Hole Kristina J -- None Available
Grimes Rita M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hole Kristina J $32,000
Previous Owner Grimes Rita M $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2014 10/27/14 Sold $92,000 -16.3% $71 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
07/02/2014 07/02/14 For Sale $109,900 -- $85 / 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 $247 $151,000 $11,000 $140,000
2023 $242 $141,200 $11,000 $130,200
2022 $237 $111,300 $11,000 $100,300
2021 $233 $116,000 $11,000 $105,000
2020 $228 $108,600 $11,000 $97,600
2019 $224 $100,000 $11,000 $89,000
2018 $219 $94,100 $11,000 $83,100
2017 $215 $86,000 $11,000 $75,000
2016 $692 $87,900 $11,000 $76,900
2014 $203 $87,000 $11,000 $76,000
2013 -- $83,300 $11,000 $72,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201428274

Indiana Regional MLS

APN: 60-10-21-300-400.301-028