NOT LISTED FOR SALE

5735 State Highway 43 Spencer, IN 47460

Estimated Value: $348,867 - $393,000

3 Beds
2 Baths
1,596 Sq Ft
$234/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $380,000 $238 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,122/month

36 Days on Market

Highlights

  • Open Floorplan
  • Lake, Pond or Stream
  • Backs to Open Ground
  • Heavily Wooded Lot
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2024

This Lindal cedar home is located on nearly 7 acres (3 parcels) in Spencer, IN. There are panoramic views of the stunning greenspace from the great room. This space has lots of natural light, wood floors and opens to the kitchen & dining space. There are 2 bedrooms and a full bath with claw foot tub on the main level. The primary suite with bath is located on the upper level. The walk-out basement is perfect space for a family room and also has a store room and a den. Lots to love about this home including hardwood floors, wrap around deck, large pond and room for chickens, gardens and fruit trees. This property borders on 1300+ acres of a Nature Preserve and Racoon Creek including private walking trails.

Last Agent to Sell the Property

Trish Sterling

Sterling Real Estate Brokerage Phone: 812-327-5431 Listed on: 08/14/2024

Last Buyer's Agent

Dawn Evans

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,204

Year Built

  • Built in 2006

Lot Details

  • 6.98 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Irregular Lot
  • Sloped Lot
  • Heavily Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Woodwork
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Laundry on main level

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Lake, Pond or Stream

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-17-21-100-050.000-016
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,204

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Age: 18
  • Style: Two Story
  • Total Number of Rooms: 8
  • Total Number of Rooms Below Grade: 3
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E 1/2 NE S21 T9 R3 2.80A, PT NE S21 T9 R3 3.744A,PT NE S22 T9 R3 .432A
  • Parcel Number ID: 60-17-21-100-050.000-016
  • Platted: Yes
  • Amenities: Ceiling-9+, Ceilings-Vaulted, Deck Open, Natural Woodwork, Open Floor Plan, Great Room, Main Floor Laundry
  • Location: Rural
  • Parcel Id2: 60-17-21-100-055.000-016,60-17-22-200-17
  • Sp Lp Percent: 100
  • County Zoning: Unknown
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2604
  • Total Finished Sq Ft: 1596
  • Above Grade Finished Sq Ft: 1596
  • Below Grade Sq Ft: 1008
  • Price Per Sq Ft: 238.1
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement, Unfinished
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 10x31, On Level: Main
  • Kitchen: Dimensions: 12x16, On Level: Main
  • Family Room: Dimensions: 23x31, On Level: Basement
  • Den: Dimensions: 15x10, On Level: Basement
  • Extra Room: Store Room, Dimensions: 16x15, On Level: Basement
  • Bedroom 1: Dimensions: 16x14, On Level: Upper
  • Bedroom 2: Dimensions: 13x10, On Level: Main
  • Bedroom 3: Dimensions: 11x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1008

Exterior Features

  • Exterior: Wood
  • Outbuilding1: Barn, Dimensions: 30x20

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Water Type: Pond
  • 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: Heavily Wooded, Irregular, Slope, 6-9.999
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 303875
  • Estimated Lot Size Acres: 6.976

Tax Info

  • Annual Taxes: 2204
  • Exemptions: Homestead

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
Aug 14, 2024
Closed on
Sep 19, 2024
Sold by
Albright Matthew J and Albright Jessica L
Bought by
Greco Richard Alfred and Greco Wendy Lee
Seller's Agent
Trish Sterling
Sterling Real Estate
Buyer's Agent
Dawn Evans
Century 21 Scheetz - Bloomington
List Price
$380,000
Sold Price
$380,000
Views
23
Current Estimated Value
$373,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,033
Avg. Annual Appreciation
-1.53%
Original Mortgage
$380,000
Outstanding Balance
$375,728
Interest Rate
6.47%
Mortgage Type
VA
Estimated Equity
-$1,761

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 24, 2020
Sold by
Kuypers Nicholas and Kuypers Mary
Bought by
Albright Matthew J and Albright Jessica L
Seller's Agent
Cathy Arnett
Stafford Real Estate
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.04%
Original Mortgage
$332,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2017
Closed on
Jun 8, 2017
Sold by
Willman John L
Bought by
Nicholas Kuypers
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$229,900
Sold Price
$230,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$218,500
Interest Rate
4.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Greco Richard Alfred -- None Listed On Document
Albright Matthew J -- None Available
Nicholas Kuypers $230,000 --
Kuypers Nicholas $230,000 John Bethell Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greco Richard Alfred $380,000
Previous Owner Albright Matthew J $332,500
Previous Owner Kuypers Nicholas $218,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $380,000 0.0% $238 / Sq Ft
08/14/2024 08/14/24 For Sale $380,000 +8.6% $238 / Sq Ft
08/25/2020 08/25/20 Sold $350,000 0.0% $219 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $350,000 +52.2% $219 / Sq Ft
06/08/2017 06/08/17 Sold $230,000 0.0% $144 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
04/15/2017 04/15/17 For Sale $229,900 -- $144 / 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 $1,574 $264,000 $43,700 $220,300
2023 $1,870 $248,500 $43,700 $204,800
2022 $2,039 $239,100 $43,700 $195,400
2021 $1,813 $195,400 $43,700 $151,700
2020 $1,688 $186,600 $43,700 $142,900
2019 $1,483 $166,200 $29,000 $137,200
2018 $1,554 $173,200 $21,500 $151,700
2017 $1,279 $150,100 $21,500 $128,600
2016 $1,302 $146,900 $21,500 $125,400
2014 $1,305 $147,100 $21,500 $125,600
2013 -- $141,800 $21,500 $120,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202430982

Indiana Regional MLS

APN: 60-17-21-100-055.000-016