NOT LISTED FOR SALE

5896 Spearsville Rd Morgantown, IN 46160

Estimated Value: $424,000 - $524,013

3 Beds
2 Baths
1,442 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 14, 2024

Last sale price $520,000 $361 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $2,720/month

11 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • 4 Car Garage
  • Pole Barn
  • Formal Dining Room
  • Bay Window

About This Home

As of June 2024

Picture perfect horse farm located on a quiet country setting between Brown county and Morgantown. Very well maintained ranch home with 3 bedrooms and 2 full baths has many updates and it overlooks a beautiful 1 and 1/2 acre stocked pond with a gazebo and dock. The home is surrounded by three fenced pastures, rolling land scape and mature trees. The main barn has three stalls, a tack room , running water and electricity. There is a large equipment barn and an Amish built open barn. The attached two car garage has an epoxy floor and the over size detached garage has electricity and a gas furnace. This beautiful all brick home, the pond, the barns and the more than 7 acres of rolling land scape all work together to make this a very functional and beautiful place to live and have horses.

Last Agent to Sell the Property

Hilda Ellis

Berkshire Hathaway Home Brokerage Email: hildaellis18@aol.com License #RB14038935 Listed on: 04/04/2024

Berkshire Hathaway Home

Co-Listed By

Clifford Ellis

Berkshire Hathaway Home Brokerage Email: hildaellis18@aol.com License #RB19000224

Last Buyer's Agent

Tiffany Rodabaugh

Apple Tree Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,238

Year Built

  • Built in 1984

Lot Details

  • 6.57

Parking

  • 4 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 1,442 Sq Ft Home
  • Bay Window
  • Formal Dining Room
  • Attic Access Panel

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Liquid Propane Gas Water Heater

Additional Features

  • Pole Barn
  • 6.57 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 07-02-30-200-106.000-002
  • Assessor Parcel Number 070230200106000002

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,238

Year Built

Built in 1984

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1984
  • Building Area Total: 1442
  • Garage Y N: Yes
  • Lot Size Acres: 6.57
  • On Market Date: 2024-04-12
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: hildaellis18@aol.com
  • Attribution Contact: hildaellis18@aol.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer, Water Softener Owned, Propane Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Window Bay Bow
  • Living Area: 1442
  • Main Level Bedrooms: 3
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1442
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Exterior Features: Barn Pole
  • Fencing: Fence Full Rear
  • Foundation Details: Block
  • List Price: 550000

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage Door Opener, Heated
  • Garage Sq Ft: 576

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Lot Features: Not In Subdivision
  • Property Attached Yn: No
  • Horse Amenities: Barn
  • Lot Size Sq Ft: 286189
  • Parcel Number: 070230200106000002
  • Acres: 5-10 Acres
  • Price Acre: 79148

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1238
  • Tax Lot: 07-02-30-200-106.000-002
  • Semi Annual Property Tax Amt: 619
  • Tax Exemption: Homestead Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2024
Closed on
Jun 14, 2024
Sold by
Hughes-Gay Marsha A and Gay David A
Bought by
Crowell Jeffrey Lee and Heller-Crowell Erin Nichole
Seller's Agent
Hilda Ellis
Berkshire Hathaway Home
Buyer's Agent
Tiffany Rodabaugh
Apple Tree Realty
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Views
33
Current Estimated Value
$482,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,747
Avg. Annual Appreciation
-0.85%
Original Mortgage
$416,000
Outstanding Balance
$411,599
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$103,117

Purchase Details

Listed on
Dec 31, 2013
Closed on
Apr 11, 2014
Sold by
Whaley Timothy R
Bought by
Gay David A and Hughes-Gay Marsha A
Seller's Agent
Debbie Fleetwood
Carpenter Hills O'Brown
Buyer's Agent
Hilda Ellis
Berkshire Hathaway Home
List Price
$220,000
Sold Price
$217,300
Premium/Discount to List
-$2,700
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$195,570
Interest Rate
4.41%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2011
Closed on
Jul 31, 2012
Sold by
Mosier Pamela S and Sattler Pamela S
Bought by
Whaley Timothy R and Whaley Elizabeth A
Seller's Agent
Phil Shively
Carpenter Hills O'Brown
Buyer's Agent
Debbie Fleetwood
Carpenter Hills O'Brown
List Price
$200,000
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
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
Crowell Jeffrey Lee $520,000 None Listed On Document
Gay David A $217,300 --
Whaley Timothy R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowell Jeffrey Lee $416,000
Previous Owner Hughes-Gay Marsha A $50,000
Previous Owner Hughes-Gay Marsha A $195,570
Previous Owner Sattler Pamela S $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $520,000 -5.5% $361 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $550,000 +153.1% $381 / Sq Ft
04/11/2014 04/11/14 Sold $217,300 -1.2% $151 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
12/31/2013 12/31/13 For Sale $220,000 +10.0% $153 / Sq Ft
07/31/2012 07/31/12 Sold $200,000 0.0% $139 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
03/04/2011 03/04/11 For Sale $200,000 -- $139 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,106 $331,000 $66,900 $264,100
2023 $1,194 $287,800 $62,900 $224,900
2022 $1,237 $267,100 $57,900 $209,200
2021 $1,215 $246,400 $52,900 $193,500
2020 $1,087 $227,900 $47,900 $180,000
2019 $1,027 $217,900 $47,900 $170,000
2018 $1,221 $213,900 $47,900 $166,000
2017 $1,204 $206,300 $47,900 $158,400
2016 $1,092 $192,800 $47,900 $144,900
2014 $901 $188,800 $47,900 $140,900
2013 $901 $185,700 $47,900 $137,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21970748

MIBOR Broker Listing Cooperative®

APN: 07-02-30-200-106.000-002