$560,000
SOLD SEP 13, 2024

5925 State Highway 43 Spencer, IN 47460

2 Beds
2.5 Baths
2,128 Sq Ft
27 Acres

Recently Sold

$263 Per Sq Ft

20 Days on Market

Highlights

  • Primary Bedroom Suite
  • 1.5-Story Property
  • Screened Porch
  • 27 Acre Lot
  • Wood Flooring
  • Workshop

About This Home

As of September 2024

Down a shady lane that opens out into a hayfield is Windfall Farm, a house that brings together solitude in the midst of natural beauty and only 12 miles from downtown Bloomington. Situated on 27 acres and surrounded on 3 sides by Nature Conservancy property, the 2 Bedroom, 2 Bath house is a unique union of a nearly 200-year old log home with a Shaker-inspired wing built in 2000. With 10' ceilings, the house feels spacious and has modern conveniences and ample storage throughout. The detached 3 Car Garage also has a workshop space; and the nearby freestanding post and beam 'barn' can be an additional workshop, a home for livestock, or a gathering space for parties and celebrations. Windfall was lovingly built and maintained by the current owners for 24 years, and they now are ready to leave it to someone who shares their love of the natural world. Additional Information about the home, buildings and land: The post & beam barn is 25' x 44' and has power and a wood stove; the garage is 12' x 20' with an additional Lean-To that is 6' x 44'; the gardeners cottage is 18' x 10' with concrete floor & water. More details & specifications are provided on the attached documentation, as well as a history of the land part of the structures. A survey of the portion of the original parent parcel is attached as this parcel is in process of being subdivided from a larger parcel with the remainder to go to the Indiana Nature Conservancy. Possession available after August 1st.

Last Agent to Sell the Property

Tracee Lutes

RE/MAX Acclaimed Properties Brokerage Phone: 812-322-2650 Listed on: 05/20/2024

RE/MAX Acclaimed Properties

Last Buyer's Agent

BLOOM NonMember

NonMember BL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 2001

Lot Details

  • 27 Acre Lot
  • Rural Setting
  • Landscaped

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • 1.5-Story Property
  • Poured Concrete
  • Shingle Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • Entrance Foyer
  • Living Room with Fireplace
  • Formal Dining Room
  • Workshop
  • Screened Porch
  • Utility Room in Garage

Kitchen

  • Breakfast Bar
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • In-Law or Guest Suite
  • Separate Shower

Basement

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

Accessible Home Design

  • ADA Inside

Schools

  • Mccormicks Creek Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Whole House Permanent Generator
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-17-21-400-400.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,763

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 23
  • Style: One and Half Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: A 27 acre portion of the parcel currently known as IN E 1/2 SE S21 T9 R3 - Note survey work to divide is done. Just waiting on final document to record it.
  • Parcel Number ID: 60-17-21-400-400.000-016
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, ADA Features, Breakfast Bar, Deck Open, Foyer Entry, Generator Built-In, Guest Quarters, Kitchen Island, Landscaped, Porch Covered, Porch Screened, Utility Sink, Stand Up Shower, Workshop, Main Level Bedroom Suite, Formal Dining Room, Custom Cabinetry, Garage Utilities
  • Location: Rural
  • Sp Lp Percent: 100
  • Year Taxes Payable: 2024
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3668
  • Total Finished Sq Ft: 2128
  • Above Grade Finished Sq Ft: 2128
  • Below Grade Sq Ft: 1540
  • Price Per Sq Ft: 263.16
  • Basement: Yes
  • Basement Foundation: Full Basement, Walk-Out Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Tile
  • Living Great Room: Dimensions: 12x19, On Level: Main
  • Kitchen: Dimensions: 17x12, On Level: Main
  • Dining Room: Dimensions: 9x19, On Level: Main
  • Family Room: Dimensions: 18x13, On Level: Main
  • Den: Dimensions: 8x10, On Level: Main
  • Bedroom 1: Dimensions: 14x21, On Level: Main
  • Bedroom 2: Dimensions: 16x17, On Level: Upper
  • Main Level Sq Ft: 1540
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1
  • Total Below Grade Sq Ft: 1540

Exterior Features

  • Exterior: Wood, Cement Board
  • Roof Material: Shingle
  • Outbuilding1: Outbuilding, Dimensions: 34x27

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 25x44
  • Garage Sq Ft: 1100
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Propane Tank Owned
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx9, On Level: 8
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: 15+
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1176120
  • Estimated Lot Size Acres: 27

Tax Info

  • Annual Taxes: 1763.2
  • 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
May 20, 2024
Closed on
Sep 30, 2024
Sold by
Hafner Gary S and Hafner Jane Clay
Bought by
Way Steven P and Way Amber L
Seller's Agent
Tracee Lutes
RE/MAX Acclaimed Properties
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$560,000
Sold Price
$560,000
Views
17
Current Estimated Value
$528,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,983
Avg. Annual Appreciation
-3.68%
Source: Public Records

Similar Homes in Spencer, IN

  • 7517 State Highway 43, Spencer, IN 47460

    $579,900

    • 4 Beds
    • 3.5 Baths
    • 3,458 Sq Ft
    • 7517 State Highway 43
    • Spencer, IN

    Sitting on 4.77 acres, this beautiful home features 4,088 square feet and includes 4 bedrooms, 3.5 baths, 2 gas fireplaces, a formal dining room, gorgeous hickory cabinets, and so much more. The walk-out finished basement offers an additional garage, ample storage rooms, a large family room with a gas fireplace, a full bathroom and the 4th bedroom. Enjoy summer cookouts on the large back deck or

    Beth Walden Seasons of Indiana Real Estate LLC

    Section Image
  • 851 E Franklin St, Spencer, IN 47460

    $535,000

    • 4 Beds
    • 2 Baths
    • 3,585 Sq Ft
    • 851 E Franklin St
    • Spencer, IN

    Welcome to 851 E Franklin St, Spencer, Indiana – a rare opportunity to own a spacious limestone ranch with 4 bedrooms, 2 baths, perfectly situated on 2.89 acres. Nestled on a corner lot this one-of-a-kind property offers flexibility, charm, and the potential to create your dream home in the heart of Spencer. Inside, you'll find nearly 3,000 sq ft of living space, and a versatile layout ideal for

    Samantha Carver Home Team Properties

    Section Image
  • 681 Hancock School Rd, Spencer, IN 47460

    $469,900

    • 2 Beds
    • 2 Baths
    • 2,260 Sq Ft
    • 681 Hancock School Rd
    • Spencer, IN

    Tranquil Park-Like Retreat located less than 10 minutes from downtown Spencer, this stunning, well-maintained two-bedroom home is nestled on 4.50 lightly wooded acres, complete with your very own half-acre stocked pond. Discover a serene, park-Like setting fenced with an electric front gate. This remarkable property includes Mature evergreen and pines trees as well as many other mature trees,

    Lisa Mullins Bear Real Estate Sales

    Section Image
  • 4005 Texas Pike, Spencer, IN 47460

    $445,000

    • 4 Beds
    • 2 Baths
    • 2,054 Sq Ft
    • 4005 Texas Pike
    • Spencer, IN

    Come one come all. This property has a lot to offer. The main house is a tri-level 4 bedrooms with a possible 5th bedroom, 2 full baths, large sunroom/ bones room, patio deck area, inground pool, wood furnace for added heating. A mothers-in-law studio apartment with a 2-car garage 24'x38'x8'. A 28'x30' 3-bedroom doublewide mobile manufactured in 1996. Currently rented. A 32'x40'x12' pole barn

    Jonathan Blue F.C. Tucker Advantage, REALTOR

    Section Image
  • 6771 N Us Highway 231, Spencer, IN 47460

    $549,900

    • 3 Beds
    • 2.5 Baths
    • 5,812 Sq Ft
    • 6771 N Us Highway 231
    • Spencer, IN

    Own a piece of Indiana History sitting on 12.52 acres! The James Alverson Home is 5,812sqft is registered on the Indiana Historic Home Registry. It has been beautifully restored over the years with many updates. 3bd 2 1/2ba with beautiful hardwood floors, three fireplaces, stain glass windows, walnut staircase, two 2-car garages (one is heated/AC), enclosed porch, fenced in backyard w/Gazebo

    Christopher Harcourt RE/MAX Cornerstone

    Section Image
  • 965 Dixie Hill Rd, Spencer, IN 47460

    $439,900

    • 3 Beds
    • 1 Bath
    • 1,331 Sq Ft
    • 965 Dixie Hill Rd
    • Spencer, IN

    If you are looking for a private, unique property, this is it... Beautiful 12.51 acres with two stocked ponds, woods and lots of room to roam. A sweet country retreat that features a charming farm house built in 1935 with 3 bedrooms, I bath, living room, cozy front porch, and wood burning fireplace. New propane furnace in 2023, Amish built kitchen cabinets and Graber post metal roof. This

    Rita Blacklock Carpenter, REALTORS®

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $560,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $560,000 0.0% $263 / Sq Ft
05/20/2024 05/20/24 For Sale $560,000 -- $263 / 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 $1,812 $257,400 $34,100 $223,300
2023 $1,763 $239,200 $32,700 $206,500
2022 $1,923 $230,600 $31,100 $199,500
2021 $1,664 $185,800 $30,300 $155,500
2020 $1,570 $179,400 $30,300 $149,100
2019 $1,492 $166,400 $24,000 $142,400
2018 $1,697 $180,800 $22,200 $158,600
2017 $1,651 $179,700 $23,000 $156,700
2016 $1,628 $176,600 $23,000 $153,600
2014 $1,629 $176,800 $23,300 $153,500
2013 -- $169,200 $22,300 $146,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Indiana Regional MLS

MLS Number: 202418186

Indiana Regional MLS

APN: 60-17-21-400-400.000-016