NOT LISTED FOR SALE

7161 Locust Lake Rd Spencer, IN 47460

Estimated Value: $290,000 - $353,016

3 Beds
2 Baths
1,871 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $169,000 $90 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,943/month

1 Day on Market

Highlights

  • Heavily Wooded Lot
  • Wood Flooring
  • Lot Has A Rolling Slope
  • Ranch Style House
  • Baseboard Heating

About This Home

As of September 2018

One owner home - privacy nestled in between 8.38 Acres.

Last Agent to Sell the Property

BLOOM NonMember

NonMember BL Listed on: 09/14/2018

Last Buyer's Agent

Jeanice Chastain

Next Level Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $480

Year Built

  • Built in 2006

Lot Details

  • 8.38 Acre Lot
  • Lot Dimensions are 420x870
  • Lot Has A Rolling Slope
  • Heavily Wooded Lot

Home Design

  • Ranch Style House
  • Brick Foundation
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 60-07-18-100-210.000-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$480

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2006
  • Age: 12
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 8
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: S 1/2 Ne Nw Ne S18 T11 R3 8.38A |
  • Parcel Number ID: 60-07-18-100-210.000-024
  • Platted: Yes
  • Amenities: Main Floor Laundry
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 3742
  • Total Finished Sq Ft: 1871
  • Above Grade Finished Sq Ft: 1871
  • Below Grade Sq Ft: 1871
  • Price Per Sq Ft: 90.33
  • Basement Foundation: Crawl
  • Basement Material: Brick
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 21x20, On Level: Main
  • Kitchen: Dimensions: 19x15, On Level: Main
  • Dining Room: Dimensions: 16x16, On Level: Main
  • Bedroom 1: Dimensions: 17x13, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 14x8, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Total Below Grade Sq Ft: 1871

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Propane, Baseboard
  • Sewer: Septic
  • Water Utilities: Well
  • Laundry: Dimensions: Mainx8, On Level: 16
  • Well Type: Private

Condo/Co-op/Association

  • Common Amenities: Cable TV Antenna

Schools

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

Lot Info

  • Lot Description: Heavily Wooded, Rolling
  • Lot Dimensions: 420x870
  • Estimated Lot Sq Ft: 365033
  • Estimated Lot Size Acres: 8.38

Tax Info

  • Annual Taxes: 480
  • Exemptions: Homestead

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Sep 17, 2018
Sold by
Wood Charles S
Bought by
Wa Sayers Robert
Seller's Agent
BLOOM NonMember
NonMember BL
Buyer's Agent
Jeanice Chastain
Next Level Realty
List Price
$169,000
Sold Price
$169,000
Current Estimated Value
$327,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,153
Avg. Annual Appreciation
9.73%
Original Mortgage
$165,938
Interest Rate
4.75%
Mortgage Type
FHA
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
Wa Sayers Robert $169,000 --
Sayers Robert William Allen $169,000 Languell Abstract & Title Corp
Sayers Robert W $169,000 Languell Abstract & Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayers Robert William Alle $273,000
Closed Sayers Robert W $215,000
Closed Sayers Robert W $10,183
Closed Sayers Robert W $165,938
Previous Owner Wood Charles S $14,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $169,000 0.0% $90 / Sq Ft
09/14/2018 09/14/18 For Sale $169,000 -- $90 / 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 $1,810 $248,500 $52,900 $195,600
2023 $1,711 $228,400 $52,900 $175,500
2022 $1,453 $190,400 $32,400 $158,000
2021 $1,097 $140,200 $32,400 $107,800
2020 $1,022 $134,700 $32,400 $102,300
2019 $740 $112,600 $17,500 $95,100
2018 $543 $114,500 $17,600 $96,900
2017 $479 $105,000 $17,800 $87,200
2016 $437 $101,100 $17,900 $83,200
2014 $436 $101,000 $18,000 $83,000
2013 -- $100,900 $17,800 $83,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201843068

Indiana Regional MLS

APN: 60-07-18-100-210.000-024