NOT LISTED FOR SALE

561 E Franklin St Spencer, IN 47460

Estimated Value: $136,000 - $160,000

2 Beds
1 Bath
972 Sq Ft
$153/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $80,000 $82 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $964/month

Highlights

  • 1 Car Detached Garage
  • Central Air
  • Level Lot
  • 1-Story Property

About This Home

As of August 2020

This home is located at 561 E Franklin St, Spencer, IN 47460 since 29 July 2020 and is currently estimated at $148,341, approximately $152 per square foot. This property was built in 1956. 561 E Franklin St is a home located in Owen County with nearby schools including Owen Valley Community High School and La Campagne Christian Prep School.

Last Agent to Sell the Property

Trent Keith

Keith Realty & Auction Group Listed on: 07/29/2020

Last Buyer's Agent

Trent Keith

Keith Realty & Auction Group Listed on: 07/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,414

Year Built

  • Built in 1956

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Construction Material

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 60-10-21-300-400.162-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,414

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1956
  • Age: 64
  • Style: One Story
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: MORNINGSIDE LOT 59
  • Parcel Number ID: 60-10-21-300-400.162-028
  • Platted: Yes
  • Sp Lp Percent: 88.99
  • Year Taxes Payable: 2020
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 972
  • Total Finished Sq Ft: 972
  • Above Grade Finished Sq Ft: 972
  • Price Per Sq Ft: 82.3
  • Basement Foundation: Crawl
  • Living Great Room: Dimensions: 20x14, On Level: Main
  • Kitchen: Dimensions: 12x11, On Level: Main
  • Bedroom 1: Dimensions: 15x11, On Level: Main
  • Bedroom 2: Dimensions: 12x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 26x18
  • Garage Sq Ft: 468
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Heat Pump
  • Sewer: City
  • Water Utilities: City
  • Laundry: Dimensions: Mainx6, On Level: 11

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: Level, 0-2.9999
  • Lot Dimensions: IRREGULAR
  • Estimated Lot Sq Ft: 8276
  • Estimated Lot Size Acres: 0.19

Tax Info

  • Annual Taxes: 1414

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
Jul 29, 2020
Closed on
Aug 20, 2020
Sold by
Griffith Stanley R
Bought by
Thk Investments Llc
Seller's Agent
Trent Keith
Keith Realty & Auction Group
Buyer's Agent
Trent Keith
Keith Realty & Auction Group
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Current Estimated Value
$148,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,341
Avg. Annual Appreciation
12.22%
Original Mortgage
$97,000
Outstanding Balance
$70,213
Interest Rate
2.9%
Estimated Equity
$73,005
Source: Public Records

Range of Values:

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Average Value
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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
Thk Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thk Investments Llc $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $80,000 -11.0% $82 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $89,900 -- $92 / 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 $1,946 $97,300 $13,800 $83,500
2023 $1,804 $90,200 $13,800 $76,400
2022 $1,490 $74,500 $14,100 $60,400
2021 $1,596 $79,800 $14,100 $65,700
2020 $1,520 $76,000 $14,100 $61,900
2019 $1,414 $70,700 $14,100 $56,600
2018 $1,354 $67,700 $14,100 $53,600
2017 $1,326 $66,300 $15,200 $51,100
2016 $1,364 $68,200 $15,200 $53,000
2014 $1,330 $66,500 $15,200 $51,300
2013 -- $65,900 $15,200 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202029446

Indiana Regional MLS

APN: 60-10-21-300-400.162-028