NOT LISTED FOR SALE

5314 Adel Rd Spencer, IN 47460

Estimated Value: $300,337 - $334,000

3 Beds
2 Baths
1,439 Sq Ft
$224/Sq Ft Est. Value

Last Sold July 24, 2015

Last sale price $139,900 $97 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $1,849/month

78 Days on Market

Highlights

  • RV Parking in Community
  • Open Floorplan
  • Partially Wooded Lot
  • Primary Bedroom Suite
  • Ranch Style House
  • Backs to Open Ground

About This Home

As of July 2015

Beautiful brick ranch home on ten private acres. This three bedroom two bath home boasts of gorgeous hardwood floors and a large open floor plan. The kitchen range is less than one year old. The two car attached garage contains a wood furnace that heats the entire home for savings on energy costs. A pond sits within a fenced pasture that would be a great convenience for livestock or horses. The serene backyard is the perfect place to sit back and relax. Two storage buildings and a large barn offer ample storage space. This is the perfect place for privacy and a piece of country living. House is checked for termites annually and the septic is emptied annually as preventive maintenance. Included in the sale is a child's playhouse in the side yard.

Last Listed By

Beth Walden

Seasons of Indiana Real Estate LLC Listed on: 03/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $915

Year Built

  • Built in 1969

Lot Details

  • 10 Acre Lot
  • Backs to Open Ground
  • Private Streets
  • Rural Setting
  • Barbed Wire
  • Landscaped
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1,439 Sq Ft Home
  • Open Floorplan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Gas Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Covered patio or porch

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-18-300-080.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$915

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1969
  • Age: 46
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN SW S18 T9 R3; 9.35A & SE SE S13 T9 R4; .65A
  • Parcel Number ID: 60-17-18-300-080.000-016
  • Platted: Yes
  • Amenities: Alarm System-Security, Attic Pull Down Stairs, Breakfast Bar, Countertops-Laminate, Dryer Hook Up Electric, Garage Door Opener, Landscaped, Open Floor Plan, Pantry-Walk In, Patio Covered, Range/Oven Hook Up Gas, RV Parking, Main Level Bedroom Suite, Formal Dining Room, Garage-Heated, Main Floor Laundry, Washer Hook-Up
  • Grid: Spencer(OW)
  • Location: Rural
  • Parcel Id2: 005-020-00016900
  • Road Access: Private
  • Road Surface: Gravel
  • Section Number: sw
  • Sp Lp Percent: 96.55
  • Special Features: None

Interior Features

  • Total Sq Ft: 1439
  • Total Finished Sq Ft: 1439
  • Above Grade Finished Sq Ft: 1439
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm, Living/Great Rm, Gas Log, Wood Burning Stove
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 14x18, On Level: Main
  • Kitchen: Dimensions: 9x12, On Level: Main
  • Dining Room: Dimensions: 13x17, On Level: Main
  • Family Room: Dimensions: 14x18, On Level: Main
  • Den: Dimensions: 10x10, On Level: Main
  • Bedroom 1: Dimensions: 10x10, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Bedroom 3: Dimensions: 12x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Outbuilding1: Pole/Post Building, Dimensions: 25x24, 600
  • Fence: Barb Wire
  • Outbuilding2: Shed, Dimensions: 10x16, 160

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 25x24
  • Garage Sq Ft: 600

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: White River Co-op
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Partially Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10
  • Zoning: RR Rural Residential District

Tax Info

  • Annual Taxes: 915.08
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Jul 24, 2015
Sold by
Bowman Ruth Ann and Bowman Kim E
Bought by
Robertson David E and Robertson Adienne L
Seller's Agent
Beth Walden
Seasons of Indiana Real Estate LLC
List Price
$155,000
Sold Price
$139,900
Premium/Discount to List
-$15,100
-9.74%
Total Days on Market
78
Current Estimated Value
$322,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,212
Avg. Annual Appreciation
8.87%
Original Mortgage
$111,200
Outstanding Balance
$88,584
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$233,528

Range of Values:

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Average Value
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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
Robertson David E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robertson David E $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2015 07/24/15 Sold $139,900 -9.7% $97 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $155,000 -- $108 / 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 $754 $188,700 $27,100 $161,600
2023 $739 $175,500 $26,800 $148,700
2022 $725 $164,800 $26,400 $138,400
2021 $710 $133,200 $26,200 $107,000
2020 $696 $126,000 $26,200 $99,800
2019 $683 $121,800 $19,500 $102,300
2018 $820 $129,100 $17,500 $111,600
2017 $986 $126,200 $17,700 $108,500
2016 $944 $122,200 $17,800 $104,400
2014 $947 $127,000 $17,900 $109,100
2013 -- $121,300 $17,700 $103,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201508099

Indiana Regional MLS

APN: 60-17-18-300-080.000-016