NOT LISTED FOR SALE

5815 Three Oaks Ln Spencer, IN 47460

Estimated Value: $436,000 - $475,977

3 Beds
2.5 Baths
2,288 Sq Ft
$199/Sq Ft Est. Value

Last Sold September 27, 2016

Last sale price $269,000 $118 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,761/month

39 Days on Market

Highlights

  • 17.95 Acre Lot
  • Partially Wooded Lot
  • 3 Car Detached Garage
  • Vaulted Ceiling
  • Covered patio or porch
  • Double Pane Windows

About This Home

As of September 2016

Well Built Log Home on 17.95 peaceful acres just across Monroe County line and only 12 miles to Downtown Bloomington. Quality crafted and finely finished Northeastern log home over a poured concrete walkout basement. High-end finishing touches including thoughtfully designed kitchen with abundant, custom built cabinets and solid surface counter tops. Open, easy flowing floorplan with vaulted ceilings and Master on Main. Walk-out lower level is bright and airy featuring a Grande Family Room, 2 bedrooms and a Den. HVAC system features a supplemental easy to use and economical outside wood-burning furnace. 5.8 acres are in a USDA Conservation Preserve that pays owner $956 annually.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,243

Year Built

  • Built in 2005

Lot Details

  • 17.95 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Partially Wooded Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Walk-Out Ranch
  • Poured Concrete
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Hot Water Heating System
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System
  • Cable TV Available

Additional Features

  • Energy-Efficient HVAC
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 60-17-23-102-120.002-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,243

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 11
  • Style: One Story
  • Architectural Style: Walkout Ranch
  • Total Number of Rooms: 9
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: IN N 1/2 S23 T9 R3; 17.95A; aka Mason Clark Sub Div; Lot 2
  • Parcel Number ID: 60-17-23-102-120.002-016
  • Platted: Yes
  • Amenities: Cable Available, Ceilings-Vaulted, Porch Covered, Porch Open
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 96.11
  • Special Features: None

Interior Features

  • Total Sq Ft: 2376
  • Total Finished Sq Ft: 2288
  • Above Grade Finished Sq Ft: 1188
  • Below Grade Finished Sq Ft: 1100
  • Below Grade Sq Ft: 88
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished, Outside Entrance
  • Basement Material: Poured Concrete
  • Living Great Room: Dimensions: 13x19, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Main
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 16x26, On Level: Lower
  • Den: Dimensions: 13x15, On Level: Lower
  • Bedroom 1: Dimensions: 16x17, On Level: Main
  • Bedroom 2: Dimensions: 13x14, On Level: Lower
  • Bedroom 3: Dimensions: 11x13, On Level: Lower
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1188

Exterior Features

  • Exterior: Log
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 40x30
  • Garage Sq Ft: 1200

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood, Forced Air, Hot Water, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: 8xLower, On Level: 11
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, Partially Wooded, 15+
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 781902
  • Estimated Lot Size Acres: 17.95

Green Features

  • Energy Efficient: HVAC, Water Heater
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 2243
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2016
Closed on
Sep 30, 2016
Sold by
Deem Jesse Lee
Bought by
Truax Sarah E
List Price
$279,900
Sold Price
$269,000
Premium/Discount to List
-$10,900
-3.89%
Total Days on Market
39
Current Estimated Value
$454,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,744
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Apr 17, 2015
Closed on
Jun 5, 2015
Sold by
Drake David and Drake Brozia
Bought by
Deem Jesse Lee and Deem Valerie Michelle
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$253,952
Interest Rate
0.78%
Mortgage Type
VA

Purchase Details

Closed on
Aug 22, 2005
Sold by
Clark P Mason P and Clark Ellen K
Bought by
Drake David and Drake Brozia

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
Truax Sarah E $269,000 --
Deem Jesse Lee -- None Available
Drake David -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truax Sarah E $241,326
Previous Owner Deem Jesse Lee $253,952
Previous Owner Drake David $8,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2016 09/27/16 Sold $269,000 -3.9% $118 / Sq Ft
09/09/2016 09/09/16 Pending -- -- --
08/01/2016 08/01/16 For Sale $279,900 +12.9% $122 / Sq Ft
06/05/2015 06/05/15 Sold $248,000 -0.8% $108 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
04/17/2015 04/17/15 For Sale $249,900 -- $109 / 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 $2,885 $337,400 $114,800 $222,600
2023 $3,194 $337,200 $114,800 $222,400
2022 $2,989 $320,000 $78,900 $241,100
2021 $2,760 $264,400 $78,900 $185,500
2020 $2,413 $243,000 $67,000 $176,000
2019 $2,846 $254,900 $85,800 $169,100
2018 $2,460 $239,400 $49,900 $189,500
2017 $2,365 $234,500 $49,900 $184,600
2016 $2,252 $224,000 $49,900 $174,100
2014 $2,243 $223,500 $49,900 $173,600
2013 -- $216,200 $49,900 $166,300
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201635735

Indiana Regional MLS

APN: 60-17-23-102-120.002-016