NOT LISTED FOR SALE

616 Burke Shiloh Rd Spencer, IN 47460

Estimated Value: $246,000 - $323,000

2 Beds
1 Bath
1,083 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 28, 2016

Last sale price $162,000 $150 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $1,658/month

15 Days on Market

Highlights

  • 28 Acre Lot
  • Breakfast Bar
  • Bungalow
  • Wood Flooring
  • Pasture
  • 1-Story Property

About This Home

As of June 2016

Horse lovers paradise! 28 acre farm between Bloomington and Spencer, set up and ready for your livestock. All electric 2 bedroom home with many updates including custom built in entertainment center, updated kitchen with Amish built cabinets, with new windows and patio door in 2015. This house can be easily built on to accommodate a larger family. This property also has several spots perfect for your new home with views of the rolling meadows. Enjoy your own little slice of country just 10 minutes from downtown Bloomington. Property has 2 ponds with 6-1/2 acres fenced for horses with no climb top board fencing and automatic waterer. 2 outbuilding include a 14x20 shed and 15x24 horse barn with 2 stalls, concrete floor, electric and water, and hay loft. Also has attached lighted outdoor arena.

Last Listed By

Kim Hill

Three Hills Realty Listed on: 04/25/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $920

Year Built

  • Built in 1920

Lot Details

  • 28 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope

Parking

  • Gravel Driveway

Home Design

  • Bungalow
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,083 Sq Ft Home
  • 1-Story Property
  • Insulated Windows
  • Insulated Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Basement

  • Block Basement Construction
  • Crawl Space

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Farming

  • Livestock Fence
  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-17-33-200-190.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$920

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1920
  • Age: 96
  • Style: One Story
  • Architectural Style: Bungalow
  • Total Number of Rooms: 4
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: IN NE NE S33 T9 R3:28A
  • Parcel Number ID: 60-17-33-200-190.000-016
  • Platted: Yes
  • Amenities: Breakfast Bar
  • Cross Street: Switchboard
  • Location: Rural
  • Sp Lp Percent: 98.18
  • Special Features: None

Interior Features

  • Total Sq Ft: 1083
  • Total Finished Sq Ft: 1083
  • Above Grade Finished Sq Ft: 1083
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 15x14, On Level: Main
  • Kitchen: Dimensions: 16x16, On Level: Main
  • Bedroom 1: Dimensions: 14x15, On Level: Main
  • Bedroom 2: Dimensions: 9x15, On Level: Main
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 24x15
  • Fence: Farm
  • Outbuilding2: Outbuilding, Dimensions: 20x14, 280

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: REMC
  • Gas Company: Blue Flame

Schools

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

Lot Info

  • Lot Description: Rolling, 15+, Pasture
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 1219680
  • Estimated Lot Size Acres: 28

Green Features

  • Energy Efficient: Doors, Windows
  • Energy Efficient Windows/Doors: Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2017
Sold by
Ferguson Jacob J
Bought by
Ferguson Jacob J and Ferguson Taylor A
Total Days on Market
15
Current Estimated Value
$279,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,000
Outstanding Balance
$11,513
Interest Rate
3.75%
Mortgage Type
USDA
Estimated Equity
$219,281

Purchase Details

Listed on
Apr 25, 2016
Closed on
Jun 28, 2016
Sold by
Mcartor Veryleana A
Bought by
Ferguson Jacob J
Seller's Agent
Kim Hill
Three Hills Realty
Buyer's Agent
Michael Sullivan
Century 21 Scheetz - Bloomington
List Price
$165,000
Sold Price
$162,000
Premium/Discount to List
-$3,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.06%

Purchase Details

Closed on
Nov 9, 2005
Sold by
Norris Joseph C
Bought by
Richardson Jay B and Richardson Veryleana A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.98%
Mortgage Type
New Conventional

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
Ferguson Jacob J -- None Available
Ferguson Jacob J $162,000 --
Richardson Jay B -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferguson Jacob J $39,000
Previous Owner Mcartor Veryleana A $20,000
Previous Owner Mcartor Veryleane A $56,000
Previous Owner Richardson Jay B $51,600
Previous Owner Richardson Jay B $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2016 06/28/16 Sold $162,000 -1.8% $150 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $165,000 -- $152 / 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 $1,292 $174,400 $65,900 $108,500
2023 $1,400 $162,900 $59,100 $103,800
2022 $1,518 $161,300 $51,900 $109,400
2021 $1,495 $142,100 $48,100 $94,000
2020 $1,411 $137,200 $48,000 $89,200
2019 $1,326 $121,500 $42,200 $79,300
2018 $1,619 $135,300 $41,000 $94,300
2017 $826 $91,800 $44,700 $47,100
2016 $852 $91,800 $46,400 $45,400
2014 $919 $91,800 $47,800 $44,000
2013 -- $85,100 $43,300 $41,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201617612

Indiana Regional MLS

APN: 60-17-33-200-190.000-016