552 Timber Ridge Rd Spencer, IN 47460
Estimated Value: $350,000 - $466,308
3
Beds
2
Baths
2,077
Sq Ft
$202/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- 26.53 Acre Lot
- Partially Wooded Lot
- Waterfront
- Lake Property
- Ranch Style House
About This Home
As of January 2017Welcome Home! This Owen County Retreat has 26.53 Acres with a 6 Acre Stocked Lake. The home is a single story home with 3 bedrooms and 2 full baths with an in-law suite with its own separate handicapped accessible bathroom. The home has a big screened in back porch that overlooks the lake. The kitchen has beautiful oak cabinets and an island. There is a sitting room with a fireplace just off the kitchen and a nice covered car port attached to the home. The property has a nice little cabin sitting back in the woods with a covered shelter house and an outdoor fireplace. The cabin overlooks the lake from the back side of the property and is just perfect for guest. There is also an apartment in the pole barn/garage that is just far away enough from the main house to offer privacy for guest or a tenant. The property has a nice mixture of cropland and recreational property with plenty of woods to hunt or ride ATV's. The property is located right across the street from the Owen Valley Winery and perfectly situated for an easy Bloomington commute. The price has been recently reduced and the owners are ready for an offer. Don't let this little piece of Heaven pass you by.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,013
Year Built
- Built in 1970
Lot Details
- 26.53 Acre Lot
- Waterfront
- Rural Setting
- Landscaped
- Irregular Lot
- Partially Wooded Lot
Parking
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,077 Sq Ft Home
- Ceiling Fan
- Wood Burning Fireplace
- Double Pane Windows
- Dining Room with Fireplace
- Workshop
- Screened Porch
- Water Views
- Laundry on main level
Kitchen
- Electric Oven or Range
- Kitchen Island
- Laminate Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Bathtub with Shower
Basement
- Block Basement Construction
- Crawl Space
Eco-Friendly Details
- Energy-Efficient Windows
Outdoor Features
- Lake Property
- Lake, Pond or Stream
Utilities
- Forced Air Heating and Cooling System
- High-Efficiency Furnace
- Heat Pump System
- Heating System Powered By Leased Propane
- Private Company Owned Well
- Well
- ENERGY STAR Qualified Water Heater
- Septic System
Listing and Financial Details
- Assessor Parcel Number 60-17-09-200-040.000-016
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 15, 2020
Sold by
Mobley Brian R
Bought by
Headdy J D
Total Days on Market
132
Current Estimated Value
Purchase Details
Closed on
Sep 6, 2017
Sold by
Jr
Bought by
Jeff Headdy
Purchase Details
Listed on
Sep 12, 2016
Closed on
Jan 25, 2017
Sold by
Smith Billy D
Bought by
Dallas Headdy Jr Jerry
List Price
$329,900
Sold Price
$250,000
Premium/Discount to List
-$79,900
-24.22%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Purchase Details
Closed on
Jan 25, 2016
Sold by
Smith Billy D and Smith Janet M
Bought by
Headdy Jerry Dallas and Headdy Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Spencer, IN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Headdy J D | -- | None Available | |
| Jeff Headdy | $80,000 | -- | |
| Dallas Headdy Jr Jerry | $250,000 | -- | |
| Headdy Jerry Dallas | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Heaody Jerry Dallas | $245,000 | |
| Previous Owner | Headdy Jerry Dallas | $244,000 | |
| Previous Owner | Headdy Jerry Dallas | $250,000 | |
| Previous Owner | Smith Kyle B | $50,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/25/2017 01/25/17 | Sold | $250,000 | -24.2% | $120 / Sq Ft |
| 01/22/2017 01/22/17 | Pending | -- | -- | -- |
| 09/12/2016 09/12/16 | For Sale | $329,900 | -- | $159 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $2,227 | $283,900 | $67,400 | $216,500 |
| 2023 | $2,567 | $267,200 | $64,500 | $202,700 |
| 2022 | $2,748 | $259,900 | $61,200 | $198,700 |
| 2021 | $2,597 | $220,700 | $59,700 | $161,000 |
| 2020 | $2,458 | $212,500 | $59,600 | $152,900 |
| 2019 | $2,277 | $193,100 | $46,900 | $146,200 |
| 2018 | $2,540 | $208,600 | $43,300 | $165,300 |
| 2017 | $1,956 | $177,900 | $29,100 | $148,800 |
| 2016 | $1,972 | $174,100 | $29,900 | $144,200 |
| 2014 | $2,032 | $178,600 | $29,200 | $149,400 |
| 2013 | -- | $168,900 | $27,300 | $141,600 |
Source: Public Records
Map
Source: Indiana Regional MLS
MLS Number: 201642834
APN: 60-17-09-200-040.000-016
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