$248,000
SOLD JUN 5, 2015

5815 Three Oaks Ln Spencer, IN 47460

3 Beds
2.5 Baths
2,288 Sq Ft
17.95 Acres

Recently Sold

$108 Per Sq Ft

1% Below List Price

48 Days on Market

Highlights

  • Primary Bedroom Suite
  • Vaulted Ceiling
  • Log Cabin
  • 17.95 Acre Lot
  • Partially Wooded Lot
  • 3 Car Detached Garage

About This Home

As of September 2016

Country Charmer! This 9 year old log cabin over a walk-out basement is the perfect country get-away! Just 1.5 miles from the Monroe County line, it is within 15 minutes of Spencer, 15 minutes of Ellettsville, and 15 minutes from west-side Bloomington shopping. Enjoy sitting on your front porch gazing at the countryside... perhaps you'll see some deer, wild turkey, or other wildlife! The main floor has vaulted ceilings and an open floor plan which adds to the feeling of spaciousness! The master suite is located on the main floor with the two other bedrooms and den/office in the basement. Main floor has the living room, basement has a spacious family room. Main level flooring is all beautiful laminate (except bathroom vinyl)... basement is all carpeted (except bathroom). A large 3-car garage provides 1,200 sq.ft. for cars or oodles of storage. Love to hunt? 18 acres will satisfy all your hunting desires. 5.80 acres have been set aside in a Conservation Reserve Program with the USDA that pays $956.00 annually. The outside wood-burning furnace provides plenty of heat for the home and pre-heating of hot water... talk about low electric bills! Schedule you showing NOW!... this one will be gone quick!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,214

Year Built

  • Built in 2005

Lot Details

  • 17.95 Acre Lot
  • Rural Setting
  • Partially Wooded Lot

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Log Cabin
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Log Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Electric Dryer Hookup

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Double Vanity
  • Bathtub with Shower
  • Garden Bath
  • Separate Shower

Basement

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

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

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

Listing and Financial Details

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,214

Year Built

Built in 2005

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2005
  • Age: 10
  • Style: One Story
  • Architectural Style: Log
  • Total Number of Rooms: 8
  • 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: 1st Bdrm En Suite, Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Countertops-Laminate, Disposal, Dryer Hook Up Electric, Garage Door Opener, Jet/Garden Tub, Range/Oven Hook Up Elec, Twin Sink Vanity, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 99.24
  • 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
  • Basement Material: Poured Concrete
  • Flooring: Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x19, On Level: Main
  • Kitchen: Dimensions: 14x14, On Level: Basement
  • Dining Room: Dimensions: 10x11, On Level: Main
  • Family Room: Dimensions: 16x26, On Level: Basement
  • Den: Dimensions: 15x13, On Level: Basement
  • Bedroom 1: Dimensions: 16x17, On Level: Main
  • Bedroom 2: Dimensions: 13x11, On Level: Basement
  • Bedroom 3: Dimensions: 13x14, On Level: Basement
  • Main Level Sq Ft: 1188
  • 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
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: None

Garage/Parking

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

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Wood, Forced Air, Heat Pump, Other Heating System
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Bloomfield REMC
  • Cable Company: DirectTV, Dish Network
  • Laundry: Dimensions: 8xBasement, 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: Partially Wooded, 15+
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 781902
  • Estimated Lot Size Acres: 17.95

Green Features

  • Energy Efficient: HVAC

Tax Info

  • Annual Taxes: 2214.16
  • 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%
Current Estimated Value
$465,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,620
Avg. Annual Appreciation
5.70%

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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $269,000 --
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,326 New Conventional
Previous Owner $253,952 VA
Previous Owner $8,560 Unknown
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: 201516300

Indiana Regional MLS

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