NOT LISTED FOR SALE

705 E Indiana Ave Spencer, IN 47460

Estimated Value: $359,452 - $503,000

3 Beds
3 Baths
2,820 Sq Ft
$147/Sq Ft Est. Value

Last Sold March 11, 2019

Last sale price $259,000 $92 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,385/month

Highlights

  • 0.88 Acre Lot
  • Corner Lot
  • Central Air
  • Ranch Style House
  • 2 Car Detached Garage

About This Home

As of March 2019

This home is located at 705 E Indiana Ave, Spencer, IN 47460 since 11 March 2019 and is currently estimated at $414,113, approximately $146 per square foot. This property was built in 1959. 705 E Indiana Ave is a home located in Owen County with nearby schools including Owen Valley Community High School.

Last Agent to Sell the Property

Rob Ranard

Home Team Properties Listed on: 03/11/2019

Last Buyer's Agent

Tara White

Century 21 Scheetz - Bloomington

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,322

Year Built

  • Built in 1959

Lot Details

  • 0.88 Acre Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 2,820 Sq Ft Home
  • Block Basement Construction

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-21-300-400.089-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,322

Year Built

Built in 1959

Lot Details

0.88 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1959
  • Style: One Story
  • Architectural Style: Ranch
  • Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Legal Description: Mayfair Lot 1 & 2 vacated alley N of lots 1 & 2 Mayfair E 1/2 of vacated mairview ave between lot 8 & morningside & lot 1 mayfiar, .15 In SW S21 T10R3
  • Parcel Number ID: 60-10-21-300-400.089-028
  • Platted: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2820
  • Total Finished Sq Ft: 2820
  • Above Grade Finished Sq Ft: 2820
  • Basement Material: Block
  • Living Great Room: Dimensions: 26x19, On Level: Main
  • Kitchen: Dimensions: 7x23, On Level: Main
  • Dining Room: Dimensions: 9x9, On Level: Main
  • Family Room: Dimensions: 34x29, On Level: Main
  • Bedroom 1: Dimensions: 17x11, On Level: Main
  • Bedroom 2: Dimensions: 11x11, On Level: Main
  • Bedroom 3: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 3

Exterior Features

  • Exterior: Brick
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric
  • Sewer: Septic
  • Water Utilities: City

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Description: Corner
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 38333
  • Estimated Lot Size Acres: 0.88

Tax Info

  • Annual Taxes: 2322

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
Mar 11, 2019
Closed on
Mar 3, 2019
Sold by
Wells Gordon L and Wells Diane B
Bought by
Patel Maheshkumar Babulal and Patel Hansaben Maheshkumar
Seller's Agent
Rob Ranard
Home Team Properties
Buyer's Agent
Tara White
Century 21 Scheetz - Bloomington
List Price
$265,000
Sold Price
$259,000
Premium/Discount to List
-$6,000
-2.26%
Current Estimated Value
$414,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,113
Avg. Annual Appreciation
6.97%
Original Mortgage
$220,500
Outstanding Balance
$191,876
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$222,237
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Patel Maheshkumar Babulal -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Maheshkumar Babulal $220,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2019 03/11/19 Sold $259,000 -2.3% $92 / Sq Ft
03/11/2019 03/11/19 For Sale $265,000 -- $94 / Sq Ft
Source: Indiana Regional MLS

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
2025 $3,097 $342,100 $48,400 $293,700
2024 $3,097 $309,700 $44,600 $265,100
2023 $2,828 $290,500 $44,600 $245,900
2022 $2,246 $233,600 $46,500 $187,100
2021 $2,442 $251,400 $46,500 $204,900
2020 $2,332 $240,400 $46,500 $193,900
2019 $2,212 $228,400 $46,500 $181,900
2018 $2,322 $219,400 $46,500 $172,900
2017 $2,272 $215,800 $49,900 $165,900
2016 $2,191 $215,800 $49,900 $165,900
2014 $2,141 $210,500 $49,900 $160,600
2013 -- $209,100 $49,900 $159,200
Source: Public Records

Agents Affiliated with this Home

  • Rob Ranard

    Seller's Agent in 2019

    Rob Ranard

    Home Team Properties

    (844) 821-6051

    27 in this area

    106 Total Sales

    Rob Ranard
    Section Image
  • Tara White

    Buyer's Agent in 2019

    Tara White

    Century 21 Scheetz - Bloomington

    (812) 821-1735

    20 in this area

    67 Total Sales

    Tara White
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201908254

Indiana Regional MLS

APN: 60-10-21-300-400.089-028

Indiana Owen County Spencer 47460

705 E Indiana Ave, Spencer, IN

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Indiana Regional MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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