NOT LISTED FOR SALE

7219 Locust Lake East Dr Spencer, IN 47460

Estimated Value: $287,209 - $358,000

2 Beds
1.5 Baths
2,230 Sq Ft
$145/Sq Ft Est. Value

Last Sold November 25, 2014

Last sale price $143,000 $64 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $1,825/month

55 Days on Market

Highlights

  • A-Frame Home
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Deck
  • Laundry closet
  • Garage

About This Home

As of November 2014

Rustic home on the lake with an A-frame feel. Live the dream on Locust Lake with 2-lots, huge det garage, soaring stone fireplace, wrap-around wood deck and a sloping lot down to your own boat-dock! Many vantage points to enjoy the lake year-around, incl an area for a fire-pit by the water, & a big wrap-around deck with a majestic view! Upstairs, is a large bedroom and a loft that would make a great play-area, rec room or ofc. Huge kitchen & dramatic living room are perfect for entertertaining

Last Agent to Sell the Property

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 08/08/2014

Co-Listed By

Gregg West

Jeneene West Realty, LLC License #RB14034645

Last Buyer's Agent

Jeneene West

Jeneene West Realty, LLC License #RB14038544 Listed on: 08/08/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,186

Year Built

  • Built in 1985

Lot Details

  • 0.77

Parking

  • Garage

Home Design

  • A-Frame Home

Interior Spaces

  • 1.5-Story Property
  • 1 Fireplace
  • Crawl Space
  • Laundry closet

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Septic Tank

Additional Features

  • Deck
  • 0.77 Acre Lot

Community Details

  • Association fees include maintenance snow removal trash
  • Locust Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 600717200140270024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,186

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2012
  • Year Built: 1985
  • Garage Y N: Yes
  • Lot Size Acres: 0.77
  • Subdivision Name: LOCUST LAKE
  • Inspection Warranties: Not Applicable
  • Property Description: Rustic home on the lake with an A-frame feel. Live the dream on Locust Lake with 2-lots, huge det garage, soaring stone fireplace, wrap-around wood deck and a sloping lot down to your own boat-dock! Many vantage points to enjoy the lake year-around, incl an area for a fire-pit by the water, & a big wrap-around deck with a majestic view! Upstairs, is a large bedroom and a loft that would make a great play-area, rec room or ofc. Huge kitchen & dramatic living room are perfect for entertertaining
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Dishwasher,Dryer,Electric Oven,Refrigerator,Washer
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Ceiling Vaulted,Windows Thermal
  • Living Area: 2230
  • Other Equipment: Not Applicable
  • Room Count: 6
  • Areas Interior: Laundry Closet
  • Eating Area: Eat In Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2230
  • Main Level Sq Ft: 1700
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Master Bedroom Description: Bath Half
  • Total Sq Ft: 2230
  • Below Grade Sq Ft: 0
  • Upper Level Sq Ft: 530
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: No Basement

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Barn Mini,Barn Storage,Driveway Gravel
  • Foundation Details: Crawl Space
  • List Price: 154900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 2 Car Detached
  • Garage Parking Other: Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Maintenance,Snow Removal,Trash
  • Mandatory Fee: 125

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 600717200140270024
  • Acres: 1/2-1 Acre
  • Lot Information: Dock Owned,Lakefront,Rural In Subdivision,Wooded
  • Lot Number: 27 & 28
  • Lot Size: Irregular

Tax Info

  • Tax Annual Amount: 1186
  • Semi Annual Property Tax Amt: 593
  • Tax Exemption: None
  • Multiple Tax I D: 600717200140290024

MLS Schools

  • School District: Spencer-Owen Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2019
Sold by
Thomas Sherry
Bought by
Jacobson Todd
Current Estimated Value
$322,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Outstanding Balance
$118,563
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$183,941

Purchase Details

Listed on
Aug 8, 2014
Closed on
Nov 25, 2014
Sold by
Hiss Thomas J
Bought by
Thomas Sherry and Jacobson Todd
Seller's Agent
Jeneene West
Jeneene West Realty, LLC
Buyer's Agent
Jeneene West
Jeneene West Realty, LLC
List Price
$154,900
Sold Price
$143,000
Premium/Discount to List
-$11,900
-7.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$140,409
Interest Rate
4.25%
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
Jacobson Todd -- None Available
Thomas Sherry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jacobson Todd $134,000
Previous Owner Thomas Sherry $140,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2014 11/25/14 Sold $143,000 -7.7% $64 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $154,900 -- $69 / 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 $1,373 $216,900 $14,000 $202,900
2023 $1,256 $197,800 $14,000 $183,800
2022 $1,293 $182,200 $14,000 $168,200
2021 $1,196 $157,500 $14,000 $143,500
2020 $1,168 $156,500 $14,000 $142,500
2019 $1,177 $150,600 $14,000 $136,600
2018 $1,187 $150,400 $12,600 $137,800
2017 $1,106 $144,800 $12,600 $132,200
2016 $1,059 $140,300 $12,600 $127,700
2014 $1,030 $138,800 $12,600 $126,200
2013 -- $138,100 $12,800 $125,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21308566

MIBOR Broker Listing Cooperative®

APN: 60-07-17-200-140.270-024