NOT LISTED FOR SALE

7160 Locust Lake Dr W Spencer, IN 47460

Estimated Value: $255,000 - $289,000

2 Beds
2 Baths
1,100 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $240,000 $218 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,705/month

2 Days on Market

Highlights

  • Lake Front
  • Traditional Architecture
  • Covered Patio or Porch
  • Mature Trees
  • Wood Flooring
  • Balcony

About This Home

As of August 2022

Lake Life! Have you been looking for your get away spot? Tucked away in a cove this brick ranch with walkout basement has two full living spaces. As you enter the house you will immediately notice the beautiful parkay flooring, wood burning fireplace and breath taking view of Locust Lake. Both bedrooms have pristine hardwood floors. The basement has a full kitchen, full bath, living room, dining space and a large room being used as a 3rd bedroom. Enjoy your morning coffee in the sunroom before heading out to your private dock for some fishing or relaxing on the water in your pontoon. This property has so much potential! Make it your full time residence or use it as a weekend get away! Home is being sold as-is.

Last Agent to Sell the Property

Annette Anderson

F.C. Tucker Company License #RB19000927 Listed on: 07/29/2022

F.C. Tucker Company

Last Buyer's Agent

Tamarah Heffner

Dropped Members License #RB22000722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1965

Lot Details

  • 1.45 Acre Lot
  • Lake Front
  • Mature Trees

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Carport

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1-Story Property
  • Built-in Bookshelves
  • Vinyl Clad Windows
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room

Kitchen

  • Electric Oven
  • Free-Standing Freezer
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Shed
  • Storage Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Well
  • Electric Water Heater

Community Details

  • Association fees include entrance private, snow removal, trash
  • Association Phone (317) 225-2272
  • Property managed by John Bryant
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 600718100080000024

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1965

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 1965
  • Building Area Total: 2200
  • Garage Y N: Yes
  • Lot Size Acres: 1.446
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: annette.anderson@talktotucker.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Full, Walk Out, Sump Pump
  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Free-Standing Freezer, Washer, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1100
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Hardwood Floors, Windows Vinyl, In-Law Arrangement
  • Living Area: 1100
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1100
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 5
  • SqFt Total: 2200

Exterior Features

  • Construction Materials: Brick
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed, Balcony, Dock
  • Foundation Details: Block
  • List Price: 249000
  • Patio And Porch Features: Covered Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Attached, Carport
  • Garage Sq Ft: 625

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Laundry Features: In Basement
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association Phone: 317-225-2272
  • Association YN: Yes
  • Management Company Name: John Bryant
  • H O A Disclosures: Rules & Regulations

Fee Information

  • Association Fee Includes: Entrance Private, Snow Removal, Trash

Lot Info

  • Lot Features: Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 62988
  • Parcel Number: 600718100080000024
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 780
  • Tax Lot: .
  • Semi Annual Property Tax Amt: 390
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 24, 2022
Sold by
Hill Linda S
Bought by
Bamett Sean O
Seller's Agent
Annette Anderson
F.C. Tucker Company
Buyer's Agent
Tamarah Heffner
Dropped Members
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
2
Current Estimated Value
$274,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,237
Avg. Annual Appreciation
4.18%
Source: Public Records

Range of Values:

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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
Bamett Sean O -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $240,000 -3.6% $218 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $249,000 -- $226 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $2,712 $208,500 $18,200 $190,300
2023 $2,637 $189,500 $18,200 $171,300
2022 $1,178 $165,100 $17,800 $147,300
2021 $781 $119,100 $17,800 $101,300
2020 $712 $113,800 $17,800 $96,000
2019 $604 $100,900 $16,900 $84,000
2018 $613 $101,200 $16,900 $84,300
2017 $491 $91,500 $16,900 $74,600
2016 $446 $87,400 $16,900 $70,500
2014 $417 $85,400 $16,900 $68,500
2013 -- $84,700 $16,900 $67,800
Source: Public Records

Agents Affiliated with this Home

  • Annette Anderson

    Seller's Agent in 2022

    Annette Anderson

    F.C. Tucker Company

    (317) 840-4296

    59 Total Sales

    Annette Anderson
    Section Image

  • T

    Buyer's Agent in 2022

    Tamarah Heffner

    Dropped Members

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21872910

MIBOR Broker Listing Cooperative®

APN: 60-07-18-100-080.000-024

Indiana Owen County Spencer 47460

7160 Locust Lake Dr W, Spencer, IN

This home is located at 7160 Locust Lake Dr W, Spencer, IN 47460 since 29 July 2022 and is currently estimated at $274,237, approximately $249 per square foot. This property was built in 1965. 7160 Locust Lake Dr W is a home located in Owen County with nearby schools including Owen Valley Community High School.

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.

MIBOR Broker Listing Cooperative® 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.

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