NOT LISTED FOR SALE

7110 State Road 1 Spencerville, IN 46788

Estimated Value: $270,062 - $312,000

2 Beds
1 Bath
1,500 Sq Ft
$197/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $226,000 $151 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,722/month

55 Days on Market

Highlights

  • RV Parking in Community
  • Living Room with Fireplace
  • Partially Wooded Lot
  • Primary Bedroom Suite
  • Ranch Style House
  • Wood Flooring

About This Home

As of November 2021

Enjoy country living with the benefit of city sewer and located only 6 miles north of Leo!! This charming 1500 sq ft ranch on a dry basement offers so many possibilities. Not only do you have a large attached garage, but an extra 36x26 outbuilding is perfect for the hobbyist. No neighborhood restrictions or dues. The home features large living areas, a large masonry brick gas log or wood burning fireplace and lots of windows. You'll LOVE the newly refinished hardwood floors running through the huge living room and bedrooms. NEW ROOF!! Nicely updated kitchen, newer cabinetry with pull-out drawers, lazy-susans, appliance garage, Corian countertops, removable island and newer appliances is sure to please the cook. This home features a large 19 x 15 flex room with 2 walls of windows. Great for a mother-in-law area, kids play area or home office. The home currently has one large bathroom, but could easily be divided into a Master bath and a new hall bath. The unfinished basement also has a brick fireplace and is just waiting to be transformed into another great living space. Nearly 90% of the home has new electrical wiring and a new breaker box. NEW Roof in 2021. Great sandy soil for gardening. Come add your touches and enjoy country living at it's best! Contingent offer received. Seller would consider a back-up offer with a Conventional loan.

Last Agent to Sell the Property

Kedric Koeppe

CENTURY 21 Bradley Realty, Inc Listed on: 07/12/2021

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

James Felger

Mike Thomas Assoc., Inc

Mike Thomas Assoc., Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $490

Year Built

  • Built in 1945

Lot Details

  • 1.57 Acre Lot
  • Lot Dimensions are 150 x 356 x 224 x 350
  • Property fronts a state road
  • Rural Setting
  • Landscaped
  • Level Lot
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • Woodwork
  • Ceiling Fan
  • Triple Pane Windows
  • Insulated Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Partially Finished Basement
  • Fireplace in Basement
  • Electric Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 1 Full Bathroom

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Schools

  • Riverdale Elementary School
  • Eastside Middle School
  • Eastside High School

Utilities

  • Central Air
  • Baseboard Heating
  • Private Company Owned Well
  • Well

Additional Features

  • Energy-Efficient Doors
  • Patio

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 17-11-32-251-002.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$490

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1945
  • Age: 76
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 2
  • Number Above Grade Bedrooms: 2
  • Total Bathrooms: 1
  • Total Full Bathrooms: 1
  • Legal Description: PT NE 1/4, Sec 32, Twp 33N, Range 14E, located in Spencer Twp, Approximately 1.57 acres
  • Parcel Number ID: 17-11-32-251-002.000-021
  • Platted: Yes
  • Amenities: Countertops-Solid Surf, Detector-Smoke, Dryer Hook Up Electric, Garage Door Opener, Kitchen Island, Landscaped, Natural Woodwork, Patio Open, Range/Oven Hook Up Elec, Storm Doors, RV Parking, Main Level Bedroom Suite, Custom Cabinetry
  • Cross Street: CR 68
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: State
  • Road Surface: Paved
  • Section Number: 32
  • Sp Lp Percent: 98.3
  • Year Taxes Payable: 2020 Payable 2021
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 2660
  • Total Finished Sq Ft: 1500
  • Above Grade Finished Sq Ft: 1500
  • Below Grade Sq Ft: 1160
  • Price Per Sq Ft: 150.67
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Living/Great Rm, Basement, Two, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Vinyl
  • Living Great Room: Dimensions: 15x15, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Dining Room: Dimensions: 14x15, On Level: Main
  • Family Room: Dimensions: 19x15, On Level: Main
  • Bedroom 1: Dimensions: 14x11, On Level: Main
  • Bedroom 2: Dimensions: 14x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1160

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Outbuilding, Dimensions: 26x30, 780

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x25
  • Garage Sq Ft: 600
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Baseboard
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: Indiana Michigan Power
  • Cable Company: Mediacom
  • Hvac: Ceiling Fan
  • Laundry: Dimensions: Mainx3, On Level: 7
  • Well Type: Private

Schools

  • School District: Dekalb Co. Eastern
  • Elementary School: Riverdale
  • Middle School: Eastside
  • High School: Eastside
  • Elementary School: Riverdale

Lot Info

  • Lot Description: Level, Partially Wooded, 0-2.9999
  • Lot Dimensions: 150 x 356 x 224 x 350
  • Estimated Lot Sq Ft: 68390
  • Estimated Lot Size Acres: 1.57

Green Features

  • Energy Efficient: Doors
  • Energy Efficient Windows/Doors: Insulated Doors, Multi Pane Windows, Storm Doors

Tax Info

  • Annual Taxes: 490.32
  • Exemptions: Homestead, Over 65

MLS Schools

  • High School: Eastside
  • Middle School: Eastside
  • School District: Dekalb Co. Eastern

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Nov 4, 2021
Sold by
Hollman Bert D and Hollman Diane Patricia
Bought by
Vosmeier Patrick N
Seller's Agent
Kedric Koeppe
CENTURY 21 Bradley Realty, Inc
Buyer's Agent
James Felger
Mike Thomas Assoc., Inc
List Price
$239,900
Sold Price
$226,000
Premium/Discount to List
-$13,900
-5.79%
Current Estimated Value
$295,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,266
Avg. Annual Appreciation
7.46%
Original Mortgage
$216,015
Outstanding Balance
$200,056
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$93,803

Purchase Details

Closed on
Oct 2, 2002
Sold by
Rectenwall Warren B and Rectenwall Mary E
Bought by
Hollman Bert D and Hollman Patricia D
Source: Public Records

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Range of Values:

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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
Vosmeier Patrick N $226,000 Lightner Zachary M
Hollman Bert D $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vosmeier Patrick N $216,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $226,000 0.0% $151 / Sq Ft
09/09/2021 09/09/21 Off Market $226,000 -- --
08/28/2021 08/28/21 Price Changed $229,900 -4.2% $153 / Sq Ft
07/12/2021 07/12/21 For Sale $239,900 -- $160 / 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 $1,010 $234,900 $36,900 $198,000
2023 $865 $219,200 $33,800 $185,400
2022 $1,006 $201,800 $30,600 $171,200
2021 $1,041 $182,600 $39,000 $143,600
2020 $490 $180,300 $37,000 $143,300
2019 $512 $172,900 $37,000 $135,900
2018 $624 $153,900 $36,200 $117,700
2017 $611 $149,300 $36,200 $113,100
2016 $624 $143,700 $36,200 $107,500
2014 $584 $125,500 $36,200 $89,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202127734

Indiana Regional MLS

APN: 17-11-32-251-002.000-021