NOT LISTED FOR SALE

5510 Flowing Well Rd Poland, IN 47868

Estimated Value: $260,000 - $377,400

3 Beds
1.5 Baths
1,388 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $364,900 $263 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $1,868/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground
  • 15.13 Acre Lot
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of April 2024

Wana get away??? Have horses or want a lil hobby farm??? Check out this charming log cabin on 15.13 acres! Home features 1,388 fsqft, 3 bedrooms, 1.5 bath, with new vinyl plank flooring, new bathroom vanity with quartz countertop, high speed fiber, eat-in kitchen, primary bedroom on the main level, 2 bedrooms upstairs, covered front porch, cozy wood stove, newer appliances, Andersen windows, newer kitchen cabinets, newer cabinets in the laundry room, new mini split unit (2022), new exterior doors and Mahogany front door, new interior doors, new cable railing, new stone interior chimney, and freshly encapsulated/insulated crawl space. The property features a 30x30 insulated pole barn, carport, 16x12 chicken coop, two other carports used as shelter in the livestock pen, two ponds (large one stocked with bass and bluegill), huge garden area, and large pasture is mostly fenced. This property would facilitate livestock, horses, growing crops and hunting your own game. It is a great lil whitetail hunting property. This would make for a great primary residence or weekend getaway / Air B&B. You're out in the country away from the chaos, yet 10 miles from a Walmart, Owen Co schools, IU Health, and amenities of downtown Spencer. Picture yourself on a front porch swing, sipping the morning coffee and enjoying the peace this property provides.

Last Agent to Sell the Property

Aaron Steele

FC Tucker/Bloomington REALTORS Brokerage Email: aaron.steele@homefinder.org Listed on: 03/01/2024

FC Tucker/Bloomington REALTORS

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 2012

Lot Details

  • 15.13 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Wire Fence
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 1,388 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Cathedral Ceiling
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • <<tubWithShowerToken>>

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered patio or porch
  • Pasture

Listing and Financial Details

  • Assessor Parcel Number 60-05-26-100-010.000-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,815

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2012
  • Age: 12
  • Style: Two Story
  • Architectural Style: Cabin/Cottage
  • Total Number of Rooms: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN NE NE S26 T11 R5 15.13A
  • Parcel Number ID: 60-05-26-100-010.000-025
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceilings-Beamed, Countertops-Laminate, Countertops-Stone, Deck Open, Dryer Hook Up Electric, Eat-In Kitchen, Open Floor Plan, Porch Covered, Range/Oven Hook Up Elec, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 101.39
  • Year Taxes Payable: 2023
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 1388
  • Total Finished Sq Ft: 1388
  • Above Grade Finished Sq Ft: 1388
  • Price Per Sq Ft: 262.9
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 17x15, On Level: Main
  • Kitchen: Dimensions: 16x15, On Level: Main
  • Bedroom 1: Dimensions: 16x15, On Level: Main
  • Bedroom 2: Dimensions: 10x12, On Level: Upper
  • Bedroom 3: Dimensions: 10x12, On Level: Upper
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Outbuilding, Dimensions: 16x12
  • Fence: Woven Wire

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 30x30
  • Garage Sq Ft: 900
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Electric, Wood
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Laundry: Dimensions: Mainx12, On Level: 8
  • Well Type: Private

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: 15+, Pasture, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 659063
  • Estimated Lot Size Acres: 15.13

Tax Info

  • Annual Taxes: 1815.24

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
Mar 1, 2024
Closed on
Apr 18, 2024
Sold by
Wagner Mason Todd and Wagner Emily Anne
Bought by
Schmittgens Bryan and Schmittgens Jean Ann
Seller's Agent
Aaron Steele
FC Tucker/Bloomington REALTORS
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$359,900
Sold Price
$364,900
Premium/Discount to List
$5,000
1.39%
Views
55
Current Estimated Value
$311,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$53,800
Avg. Annual Appreciation
-12.07%
Original Mortgage
$310,000
Outstanding Balance
$307,142
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$3,958

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 14, 2021
Sold by
Carter Corrine A
Bought by
Wagner Mason Todd and Wagner Emily Anne
List Price
$259,000
Sold Price
$253,000
Premium/Discount to List
-$6,000
-2.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%
Original Mortgage
$202,400
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2018
Sold by
Harleman Joel B
Bought by
Carter Corrine A

Purchase Details

Closed on
Oct 27, 2010
Sold by
The Timmer Family Revocable Living Trust
Bought by
Carter Corrine A

Purchase Details

Closed on
Jan 7, 2009
Sold by
Owen Community Bank Sb
Bought by
The Timmer Family Revocable Trust

Purchase Details

Closed on
Dec 18, 2008
Sold by
Hall Charity Dawn
Bought by
Owen Community Bank Sb

Purchase Details

Closed on
Sep 24, 2008
Sold by
Hall Marcus A
Bought by
Owen Community Bank Sb
Source: Public Records

Range of Values:

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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
Schmittgens Bryan $364,900 None Listed On Document
Wagner Mason Todd -- None Available
Carter Corrine A $12,000 --
Carter Corrine A -- None Available
The Timmer Family Revocable Trust -- None Available
Owen Community Bank Sb -- None Available
Owen Community Bank Sb $58,172 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmittgens Bryan $310,000
Previous Owner Wagner Mason Todd $202,400
Previous Owner Carter Corrine A $82,500
Previous Owner Carter Corrine Ann $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $364,900 +1.4% $263 / Sq Ft
03/01/2024 03/01/24 For Sale $359,900 +42.3% $259 / Sq Ft
07/29/2021 07/29/21 Sold $253,000 -2.3% $197 / Sq Ft
05/19/2021 05/19/21 For Sale $259,000 -- $202 / 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 $1,795 $217,600 $93,700 $123,900
2023 $1,815 $202,700 $93,700 $109,000
2022 $1,455 $172,600 $49,100 $123,500
2021 $1,251 $137,500 $49,100 $88,400
2020 $1,064 $126,700 $41,100 $85,600
2019 $867 $110,400 $28,400 $82,000
2018 $802 $101,800 $28,800 $73,000
2017 $1,872 $104,300 $30,800 $73,500
2016 $900 $103,200 $31,600 $71,600
2014 $699 $91,900 $32,400 $59,500
2013 -- $92,200 $30,000 $62,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202406561

Indiana Regional MLS

APN: 60-05-26-100-010.000-025