NOT LISTED FOR SALE

7112 State Road 1 Spencerville, IN 46788

Estimated Value: $1,146,000 - $1,288,290

4 Beds
7 Baths
7,025 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $1,050,000 $149 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,217/month

9 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Open Floorplan
  • RV Parking in Community
  • 14 Acre Lot
  • Fireplace in Bedroom

About This Home

As of August 2022

Gorgeous retreat just 6 miles north of Leo. Not only do you have an impressive home, but this property features an additional 2400 sq ft. "Lodge" that is perfect for family or business entertaining. Lodge can comfortably seat 100-120 people for a grand event. With little remodeling, this lodge could become a second home for the mother-in-law. The home features almost 5,000 sq ft. plus a large finished basement with a 38 x 21 rec room with double-sided fireplace, a 3 tiered theatre room, craft/hobby room with walls of built-in cabinetry and a 19 x 17 fitness room with it's own full bath with shower. The home features include a grand Greatroom with massive brick fireplace and wall of windows. The kitchen has two large islands, with every bell and whistle. 2 dishwashers, Wolf appliances, walk-in pantry and cherry hardwood floors. The grand Master bedroom features a double-sided fireplace, huge private living area, plus the bedroom and bath. One other bedroom on the main floor and 2 more large bedrooms up, all having their own private baths with jetted tubs. Home also features an elevator to all 3 floors, Central Vac and is pre-plumbed for a whole house sprinkler system. Home was custom built in every way with steel subfloor with 5" of concrete poured over the steel. Home has been connected to City Sewer, so avoid future septic concerns. There is also a 40 x 60 workshop that is wired to carry larger equipment, along with an office space and upper deck storage. Geothermal HVAC systems in all living areas. All of this situated on 14 acres and just 6 miles north of Leo. Please have pre-approval letter before scheduling a showing.

Last Agent to Sell the Property

Kedric Koeppe

CENTURY 21 Bradley Realty, Inc Listed on: 07/26/2022

CENTURY 21 Bradley Realty, Inc

Last Buyer's Agent

Joni Donaghy-Myers

Coldwell Banker Holloway

Coldwell Banker Holloway

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,737

Year Built

  • Built in 2004

Lot Details

  • 14 Acre Lot
  • Lot Dimensions are 660 x 924
  • Property fronts a state road
  • Backs to Open Ground
  • Rural Setting
  • Landscaped
  • Level Lot
  • Partially Wooded Lot
  • Property is zoned R3

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Bar
  • Woodwork
  • Crown Molding
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Double Pane Windows
  • Insulated Windows
  • Pocket Doors
  • Insulated Doors
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Kitchen Island
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Fireplace in Basement
  • 1 Bathroom in Basement

Home Security

  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Doors
  • ENERGY STAR/Reflective Roof

Schools

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

Utilities

  • Multiple cooling system units
  • Central Air
  • High-Efficiency Furnace
  • Geothermal Heating and Cooling
  • Whole House Permanent Generator
  • Private Company Owned Well
  • Well

Listing and Financial Details

  • Assessor Parcel Number 17-11-32-251-005.000-021

Community Details

Overview

  • RV Parking in Community

Amenities

  • Community Fire Pit
  • Elevator

Recreation

  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,737

Year Built

Built in 2004

Lot Details

0

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2004
  • Age: 18
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 13
  • Total Number of Rooms Below Grade: 4
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 7
  • Total Full Bathrooms: 5
  • Total Number of Half Bathrooms: 2
  • Legal Description: Metes & Bounds.
  • Parcel Number ID: 17-11-32-251-005.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Bar, Ceiling-9+, Ceiling Fan(s), Closet(s) Walk-in, Countertops-Solid Surf, Crown Molding, Detector-Smoke, Disposal, Eat-In Kitchen, Elevator, Firepit, Foyer Entry, Garage Door Opener, Jet Tub, Generator-Whole House, Guest Quarters, Intercom, Kitchen Island, Landscaped, Natural Woodwork, Open Floor Plan, Pantry-Walk In, Pocket Doors, Range/Oven Hook Up Elec, Split Br Floor Plan, Twin Sink Vanity, Utility Sink, RV Parking, Tub and Separate Shower, Main Level Bedroom Suite, Formal Dining Room, Great Room, Main Floor Laundry, Sump Pump, Custom Cabinetry
  • Cross Street: Allen-Dekalb County Line Road
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Road Access: State
  • Road Surface: Paved
  • Sp Lp Percent: 97.67
  • County Zoning: R3
  • Year Taxes Payable: 2020 Payable 2021
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 8290
  • Total Finished Sq Ft: 7025
  • Above Grade Finished Sq Ft: 4915
  • Below Grade Finished Sq Ft: 2110
  • Below Grade Sq Ft: 1265
  • Price Per Sq Ft: 213.63
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 4
  • Fireplace: Living/Great Rm, 1st Bdrm, Basement, Three +
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Carpet, Ceramic Tile
  • Living Great Room: Dimensions: 29x21, On Level: Main
  • Kitchen: Dimensions: 21x13, On Level: Main
  • Breakfast Room: Dimensions: 16x9, On Level: Main
  • Dining Room: Dimensions: 17x14, On Level: Main
  • Family Room: Dimensions: 38x21, On Level: Lower
  • Den: Dimensions: 13x12, On Level: Main
  • Recreation Room: Dimensions: 23x18, On Level: Lower
  • Extra Room: Fitness Room, Dimensions: 19x17, On Level: Lower
  • Bedroom 1: Dimensions: 38x18, On Level: Main
  • Bedroom 2: Dimensions: 18x13, On Level: Main
  • Bedroom 3: Dimensions: 17x14, On Level: Upper
  • Bedroom 4: Dimensions: 17x14, On Level: Upper
  • Other Room1: Craft Room, Dimensions: 19x9, On Level: Lower
  • Main Level Sq Ft: 3755
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 3375

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Studio, Dimensions: 60x40, 2400
  • Outbuilding2: Outbuilding, Dimensions: 60x40, 2400

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Attached
  • Garage Number Of Cars: 3
  • Garage Size: Dimensions: 23x32
  • Garage Sq Ft: 736
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air, Multiple Cooling Units, Geothermal
  • Heating Fuel: Geothermal
  • Sewer: City
  • Water Utilities: Well
  • Electric Company: AEP/I&M
  • Gas Company: NIPSCO
  • Hvac: Ceiling Fan, Geothermal Hvac, High Efficiency Furnace
  • Laundry: Dimensions: Mainx10, On Level: 14
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Exercise Room

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, 10-14.999
  • Lot Dimensions: 660 x 924
  • Estimated Lot Sq Ft: 609840
  • Estimated Lot Size Acres: 14

Green Features

  • Energy Efficient: Doors, HVAC, Roofing, Windows
  • Energy Efficient Windows/Doors: Double Pane Windows, Insulated Doors, Insulated Glass Windows

Tax Info

  • Annual Taxes: 6736.98
  • Exemptions: Geothermal, Homestead, Mortgage

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Flickinger Chad K $647,300
Closed Hollman Bert D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $1,050,000 -2.3% $149 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,075,000 -- $153 / 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 $6,612 $1,221,000 $135,600 $1,085,400
2023 $5,733 $1,160,600 $124,400 $1,036,200
2022 $6,510 $1,083,800 $121,200 $962,600
2021 $6,691 $1,064,400 $121,200 $943,200
2020 $6,737 $1,063,100 $139,700 $923,400
2019 $6,793 $1,023,900 $139,700 $884,200
2018 $6,181 $913,400 $139,700 $773,700
2017 $4,407 $759,900 $29,800 $730,100
2016 $4,398 $730,700 $30,200 $700,500
2014 $3,862 $598,500 $30,600 $567,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202230860

Indiana Regional MLS

APN: 17-11-32-251-005.000-021