NOT LISTED FOR SALE

5721 State Highway 246 Spencer, IN 47460

Estimated Value: $329,000 - $466,477

3 Beds
1 Bath
1,353 Sq Ft
$309/Sq Ft Est. Value

Last Sold October 11, 2017

Last sale price $133,000 $98 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $2,680/month

2 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 2 Fireplaces
  • Heavily Wooded Lot
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of October 2017

This home is located at 5721 State Highway 246, Spencer, IN 47460 since 09 August 2017 and is currently estimated at $417,619, approximately $308 per square foot. This property was built in 1976. 5721 State Highway 246 is a home located in Owen County with nearby schools including Owen Valley Community High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,315

Year Built

  • Built in 1976

Lot Details

  • 10 Acre Lot
  • Waterfront
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Wood Siding
  • Stone Exterior Construction

Interior Spaces

  • 1-Story Property
  • 2 Fireplaces
  • Water Views
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Block Basement Construction

Outdoor Features

  • Lake, Pond or Stream
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-08-400-410.000-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,315

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Waterfront: Yes
  • Year Built: 1976
  • Age: 41
  • Style: One Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT SE SE S8 T10 R4 10A
  • Parcel Number ID: 60-11-08-400-410.000-022
  • Platted: Yes
  • Amenities: Deck Covered, Deck Open, Eat-In Kitchen
  • Location: Rural
  • Sp Lp Percent: 103.1
  • Special Features: None

Interior Features

  • Total Sq Ft: 2136
  • Total Finished Sq Ft: 1353
  • Above Grade Finished Sq Ft: 1353
  • Below Grade Sq Ft: 783
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 2
  • Fireplace: Basement
  • Flooring: Carpet, Laminate
  • Bedroom 1: Dimensions: 11x10, On Level: Main
  • Bedroom 2: Dimensions: 9x10, On Level: Main
  • Bedroom 3: Dimensions: 11x11, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 783

Exterior Features

  • Exterior: Stone, Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 27x29
  • Garage Sq Ft: 783

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: REMC
  • Water Company: BBP
  • Water Type: Pond

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, 10-14.999, Water View, Wooded
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 2314.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2023
Sold by
Johnson Michael E and Johnson Joanne F
Bought by
Mccormick Steven K and Mccormick Holly Kristen
Current Estimated Value
$435,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.34%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2017
Closed on
Oct 2, 2017
Sold by
The Peoples State Bank
Bought by
Johnson Michael E and Johnson Joanne F
List Price
$129,000
Sold Price
$133,000
Premium/Discount to List
$4,000
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.07%
Original Mortgage
$164,246
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2016
Sold by
Hobbs Leonard Sam
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
Mccormick Steven K $444,000 None Listed On Document
Johnson Michael E -- None Available
-- $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccormick Steven K $330,000
Closed Mccormick Steven K $280,000
Previous Owner Johnson Michael E $257,472
Previous Owner Johnson Michael E $167,000
Previous Owner Johnson Michael E $165,000
Previous Owner Johnson Michael E $164,246
Previous Owner Fortune John T $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2017 10/11/17 Sold $133,000 +3.1% $98 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
08/09/2017 08/09/17 For Sale $129,000 -- $95 / 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 $3,712 $285,200 $65,000 $220,200
2023 $2,189 $279,700 $65,000 $214,700
2022 $1,932 $235,300 $44,000 $191,300
2021 $1,676 $188,300 $44,000 $144,300
2020 $1,439 $171,900 $36,000 $135,900
2019 $1,429 $162,800 $34,000 $128,800
2018 $1,301 $150,900 $34,000 $116,900
2017 $1,255 $133,200 $18,200 $115,000
2016 $2,315 $130,500 $18,300 $112,200
2014 $866 $123,100 $18,400 $104,700
2013 -- $117,000 $18,100 $98,900
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201736805

Indiana Regional MLS

APN: 60-11-08-400-410.000-022

Indiana Owen County Spencer 47460

5721 State Highway 246, Spencer, IN

This home is located at 5721 State Highway 246, Spencer, IN 47460 since 09 August 2017 and is currently estimated at $417,619, approximately $308 per square foot. This property was built in 1976. 5721 State Highway 246 is a home located in Owen County with nearby schools including Owen Valley Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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