NOT LISTED FOR SALE

707 W Phillips Rd Spencer, IN 47460

Estimated Value: $241,000 - $287,000

2 Beds
2 Baths
1,260 Sq Ft
$214/Sq Ft Est. Value

Last Sold May 24, 2017

Last sale price $134,718 $107 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,560/month

70 Days on Market

Highlights

  • 13.5 Acre Lot
  • Ranch Style House
  • Great Room
  • Heavily Wooded Lot
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of May 2017

13.5 acre wooded homestead with easy access to Spencer and Terre Haute is just a quick 1/2 mile from SR 46 E! If you're looking for acreage with potential for the homesteading, mini-farm, or recreational hobbyist, look no further! This nearly 1300 sq ft. 2 bed 2 bath ranch home sits on beautiful wooded acreage with mature timber, and a creek, and has several fenced-in areas ready to go for chickens, garden space, or even goats! The home is bright and sunny with 2 large bedrooms, 2 large bathrooms, an open sided galley kitchen, dining room, large living room with wood burning fireplace, and a sun room. A detached 1 car garage with attached 7x16 storage room is a quick walk from the sun room, which offers loads of potential for dining space, family room, or additional storage. The back side of the garage is a barn with entrances into a fenced paddock, and out to the driveway, and includes stalls and space for small livestock. Schedule your appointment to see this home today and see how affordable making your homesteading dreams a reality can be!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1965

Lot Details

  • 13.5 Acre Lot
  • Rural Setting
  • Heavily Wooded Lot

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • Wood Burning Fireplace
  • Great Room
  • Living Room with Fireplace
  • Utility Room in Garage
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Laminate Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Basement

  • Block Basement Construction
  • Crawl Space

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Private Company Owned Well
  • Well
  • Septic System

Additional Features

  • Covered Patio or Porch
  • Livestock Fence

Listing and Financial Details

  • Assessor Parcel Number 60-11-13-304-210.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 1965

Lot Details

0

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1965
  • Age: 52
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN E1/2 NE SW S13 T10 R4 10A; IN W1/2 NW NE S13 T10 R4 3.5A
  • Parcel Number ID: 60-11-13-304-210.000-027
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Countertops-Laminate, Disposal, Porch Covered, Stand Up Shower, Tub/Shower Combination, Great Room, Main Floor Laundry, Garage Utilities
  • Cross Street: State Road 46 East
  • Location: Rural
  • Sp Lp Percent: 96.42
  • Special Features: None

Interior Features

  • Total Sq Ft: 1260
  • Total Finished Sq Ft: 1260
  • Above Grade Finished Sq Ft: 1260
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Wood Burning
  • Flooring: Hardwood Floors, Carpet, Laminate, Vinyl
  • Living Great Room: Dimensions: 13x21, On Level: Main
  • Kitchen: Dimensions: 8x13, On Level: Main
  • Dining Room: Dimensions: 13x14, On Level: Main
  • Extra Room: Sunroom, Dimensions: 10x20, On Level: Main
  • Bedroom 1: Dimensions: 11x14, On Level: Main
  • Bedroom 2: Dimensions: 10x11, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Barn, Dimensions: 24x32
  • Fence: Farm

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 1
  • Garage Size: Dimensions: 16x31
  • Garage Sq Ft: 496

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: REMC
  • Gas Company: Community NatGas(Spencer)
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Heavily Wooded
  • Lot Dimensions: irreg
  • Estimated Lot Sq Ft: 588060
  • Estimated Lot Size Acres: 13.5

Tax Info

  • Annual Taxes: 671.44
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
May 23, 2017
Sold by
Hawkins Michael R and Hawkins Susan R
Bought by
Unger Richard J
List Price
$139,718
Sold Price
$134,718
Premium/Discount to List
-$5,000
-3.58%
Current Estimated Value
$269,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,387
Avg. Annual Appreciation
9.00%
Original Mortgage
$90,000
Outstanding Balance
$75,654
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$198,694
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
Unger Richard J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unger Richard J $90,000
Previous Owner Hawkins Michael R $30,001
Previous Owner Hawkins Michael R $120,000
Previous Owner Hawkins Michael R $103,383
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $134,718 -3.6% $107 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $139,718 -- $111 / 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 $1,129 $170,100 $31,000 $139,100
2023 $1,063 $158,900 $31,000 $127,900
2022 $1,419 $166,200 $54,500 $111,700
2021 $1,421 $151,800 $54,500 $97,300
2020 $1,299 $144,500 $54,500 $90,000
2019 $742 $107,900 $22,200 $85,700
2018 $642 $99,100 $18,200 $80,900
2017 $581 $94,600 $18,600 $76,000
2016 $625 $94,700 $18,700 $76,000
2014 $630 $94,800 $18,900 $75,900
2013 -- $88,700 $18,500 $70,200
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201706017

Indiana Regional MLS

APN: 60-11-13-304-210.000-027