$340,000
SOLD APR 15, 2019

5875 Three Oaks Ln Spencer, IN 47460

4 Beds
3 Baths
2,235 Sq Ft
15.95 Acres

Recently Sold

$152 Per Sq Ft

3% Below List Price

121 Days on Market

Highlights

  • RV Parking in Community
  • 15.95 Acre Lot
  • Heavily Wooded Lot
  • Primary Bedroom Suite
  • Cape Cod Architecture
  • Cathedral Ceiling

About This Home

As of August 2020

16 acres in nearby Owen county. Just minutes from Bloomington, Spencer and Ellettsville. There's lots of open space as well as wooded area. A 30 X 40 Shelter house makes for having great neighborhood or family parties. Inside you will find 1,848 sq.ft. on the main floor with living areas that have cathedral ceilings. There are two full baths on this floor and three of the bedrooms including the master. There is a covered front porch with plenty of room for several rocking chairs. The master bedroom has vaulted ceilings, two large closets and the laundry room is part of the master suite. A wood burning fireplace keeps the family room nice and toasty! Head downstairs and you will find the fourth bedroom and another full bathroom. A huge mostly finished rec room and craft room make for lots of indoor fun. There is also a huge storage room! This home has very efficient geo-thermal heating and cooling (just 3 years old), 6" exterior walls, and LOTS of insulation. An oversized 2-car garage will house your large vehicles and still provide room for all your lawn maintenance tools.

Last Buyer's Agent

Kristen Weida

Indiana Uplands REALTOR Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 2006

Lot Details

  • 15.95 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Heavily Wooded Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Walk-Out Ranch
  • Slab Foundation
  • Poured Concrete
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Chair Railings
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Fire and Smoke Detector
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • 1 Bathroom in Basement
  • 1 Bedroom in Basement

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Private Company Owned Well
  • Well
  • ENERGY STAR Qualified Water Heater
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 60-17-23-102-120.003-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Age: 13
  • Style: One Story
  • Architectural Style: Cape Cod, Walkout Ranch
  • Total Number of Rooms: 11
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: N 1/2 S23 T9 R3 15.95A aka Mason Clark Sub Div Lot 3
  • Parcel Number ID: 60-17-23-102-120.003-016
  • Platted: Yes
  • Amenities: Ceiling-Cathedral, Ceilings-Vaulted, Central Vacuum System, Chair Rail, Countertops-Laminate, Deck Open, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Porch Covered, Range/Oven Hook Up Elec, RV Parking, Tub/Shower Combination, Main Level Bedroom Suite, Sump Pump
  • Location: Rural Subdivision
  • Number Below Grade Bedrooms: 1
  • Sp Lp Percent: 97.14
  • Special Features: None

Interior Features

  • Total Sq Ft: 3696
  • Total Finished Sq Ft: 2235
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Finished Sq Ft: 387
  • Below Grade Sq Ft: 1461
  • Price Per Sq Ft: 183.98
  • Basement: Yes
  • Basement Foundation: Slab, Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Ceramic Tile
  • Living Great Room: Dimensions: 16x17, On Level: Main
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Dining Room: Dimensions: 14x9, On Level: Main
  • Family Room: Dimensions: 20x19, On Level: Main
  • Recreation Room: Dimensions: 30x22, On Level: Basement
  • Extra Room: Craft Room, Dimensions: 9x8, On Level: Basement
  • Bedroom 1: Dimensions: 15x12, On Level: Main
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Bedroom 3: Dimensions: 13x11, On Level: Main
  • Bedroom 4: Dimensions: 19x17, On Level: Basement
  • Other Room1: Storage room, Dimensions: 20x19, On Level: Basement
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1848

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt, Shingle
  • Outbuilding1: Outbuilding, Dimensions: 40x30

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage Sq Ft: 576
  • Garage: Yes

Utilities

  • Cooling: Geothermal
  • Heating Fuel: Forced Air, Geothermal
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: Bloomfield REMC
  • Hvac: Geo Heat (Closed Loop), Geothermal Hvac
  • 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: Heavily Wooded, Irregular, 15+
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 694782
  • Estimated Lot Size Acres: 15.95

Green Features

  • Energy Efficient: Insulation, Thermostat/Controllers, Water Heater, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows

Tax Info

  • Annual Taxes: 2544
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 14, 2020
Sold by
Sandmore Donald R and Pepperdino Sandmore Anne
Bought by
Armstrong Jerry Lee and Armstrong Velma Marie
Seller's Agent
Sally Baird
Sterling Real Estate
Buyer's Agent
Leticia Gonzalez
Realty Professionals
List Price
$385,000
Sold Price
$380,000
Premium/Discount to List
-$5,000
-1.3%
Current Estimated Value
$610,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,926
Avg. Annual Appreciation
9.68%
Original Mortgage
$285,000
Outstanding Balance
$252,815
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$358,111

Purchase Details

Listed on
Dec 8, 2018
Closed on
Apr 15, 2019
Sold by
Pendleton Erin Michelle and Pendleton Steven Luster
Bought by
Sandmore Donald R and Sandmore Anne L
Buyer's Agent
Kristen Weida
Indiana Uplands REALTOR Association
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$272,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2005
Sold by
Clark P Mason P and Clark Ellen K
Bought by
Pendleton Erin Michelle and Pendleton Steven Luster

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,019
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $380,000 Bethel Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $285,000 New Conventional
Previous Owner $272,000 New Conventional
Previous Owner $52,019 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $380,000 -1.3% $115 / Sq Ft View Prior Sale
08/03/2020 08/03/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $385,000 +13.2% $116 / Sq Ft
04/15/2019 04/15/19 Sold $340,000 -2.9% $152 / Sq Ft
12/08/2018 12/08/18 For Sale $350,000 -- $157 / 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 $4,205 $500,000 $104,700 $395,300
2023 $4,269 $474,100 $104,700 $369,400
2022 $4,319 $437,400 $74,900 $362,500
2021 $3,572 $334,300 $74,900 $259,400
2020 $3,192 $310,100 $65,000 $245,100
2019 $3,516 $313,100 $77,800 $235,300
2018 $3,281 $306,900 $45,900 $261,000
2017 $2,544 $252,000 $45,900 $206,100
2016 $2,490 $246,500 $45,900 $200,600
2014 $2,469 $245,000 $45,900 $199,100
2013 -- $236,600 $45,900 $190,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201853462

Indiana Regional MLS

APN: 60-17-23-102-120.003-016