$253,000
SOLD JUL 29, 2021

5510 Flowing Well Rd Poland, IN 47868

3 Beds
1.5 Baths
1,282 Sq Ft
15.13 Acres

Recently Sold

$197 Per Sq Ft

2% Below List Price

10 Days on Market

Highlights

  • RV Parking in Community
  • 15.13 Acre Lot
  • Vaulted Ceiling
  • Primary Bedroom Suite
  • Open Floorplan
  • Backs to Open Ground

About This Home

As of April 2024

Country living at it's best! This 15.13 acre mini farm with a 3 bedroom 1 ½ bath log home is just waiting for your touches. The property is located approx. 7 miles Northwest of Spencer making it an easy commute to Spencer, Bloomington, Terre Haute & Indianapolis. You will enjoy the peaceful setting and the gently rolling acreage. The property is mostly open with beautiful fenced pastures and 2 small ponds. There is a 30x30 pole barn with concrete floor, 2 animal shelters, carport and storage barn. Lots of space for your animals, gardens and your hobbies. High-speed Endeavor internet is also available here! Listing agent is related to seller. A wonderful, quiet, peaceful place to be. If you are looking to get away from it all, come take a look today.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,063

Year Built

  • Built in 2011

Lot Details

  • 15.13 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Property is Fully Fenced
  • Sloped Lot

Parking

  • 4 Car Detached Garage
  • Stone Driveway

Home Design

  • Log Cabin
  • Log Siding
  • Composite Building Materials

Interior Spaces

  • 1,282 Sq Ft Home
  • 1.5-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Vinyl Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Baseboard Heating
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,063

Year Built

Built in 2011

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2011
  • Age: 10
  • Style: One and Half Story
  • Architectural Style: Log
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN E 1/2 NE S26 T11 R5, 15.13A
  • Parcel Number ID: 60-05-26-100-010.000-025
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Ceilings-Vaulted, Countertops-Laminate, Eat-In Kitchen, Natural Woodwork, Open Floor Plan, Porch Covered, RV Parking, Tub/Shower Combination, Main Level Bedroom Suite, Main Floor Laundry
  • Cross Street: Beamer Station
  • Location: Rural
  • Road Access: County
  • Road Surface: Gravel
  • Sp Lp Percent: 97.68
  • Year Taxes Payable: 2020 pay 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1282
  • Total Finished Sq Ft: 1282
  • Above Grade Finished Sq Ft: 1282
  • Price Per Sq Ft: 197.35
  • Flooring: Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 15x15, On Level: Main
  • Bedroom 1: Dimensions: 16x16, On Level: Main
  • Bedroom 2: Dimensions: 12x9, On Level: Upper
  • Bedroom 3: Dimensions: 12x9, On Level: Upper
  • Main Level Sq Ft: 1024
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Log
  • Roof Material: Composite
  • Outbuilding1: Shed, Dimensions: 16x10, 160
  • Fence: Full

Garage/Parking

  • Driveway: Stone
  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 30x30
  • Garage Sq Ft: 900
  • Garage: Yes

Utilities

  • Heating Fuel: Wood, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Laundry: Dimensions: Mainx9, On Level: 13
  • 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: Slope
  • Lot Dimensions: Rectangle
  • Estimated Lot Sq Ft: 659063
  • Estimated Lot Size Acres: 15.13

Green Features

  • Energy Efficient Windows/Doors: Insulated Glass Windows

Tax Info

  • Annual Taxes: 1063
  • Exemptions: Homestead, Mortgage, Supplemental

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

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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 Type Sale Price Title Company
Warranty Deed $364,900 None Listed On Document
Warranty Deed -- None Available
Quit Claim Deed $12,000 --
Warranty Deed -- None Available
Corporate Deed -- None Available
Quit Claim Deed -- None Available
Sheriffs Deed $58,172 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $310,000 New Conventional
Previous Owner $202,400 New Conventional
Previous Owner $82,500 New Conventional
Previous Owner $15,000 Unknown
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: 202118105

Indiana Regional MLS

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