7244 W Locust Lake Dr Spencer, IN 47460
3
Beds
2
Baths
2,190
Sq Ft
1.9
Acres
Highlights
- 200 Feet of Waterfront
- Private Beach
- Dock Rights
- Pier or Dock
- Open Floorplan
- Living Room with Fireplace
About This Home
As of August 2024Welcome to this lakefront property nestled between Spencer & Cloverdale on the serene Locust Lake. Just a scenic 10-mile drive north of Spencer & less than an hour's commute to Indy, this picturesque retreat offers tranquility & convenience. Situated on a 1.9-acre lot w/ mature trees & landscaping, this brick ranch over basement invites you to make it your permanent residence or idyllic weekend getaway. Revel in your own private oasis w/a fenced backyard, a permanent dock for casting a line, and a beach area for lakeside relaxation. Plus, your waterfront experience is elevated with a pontoon boat included in the sale, promising endless days of leisurely exploration on the water. As you step inside, you'll be greeted by a spacious living room boasting a picture window framing the lake views & a limestone fireplace w/ coal burning insert, perfect for evenings by the fire. The open concept layout seamlessly transitions into the designated dining room, offering a perfect setting for dinners or entertaining guests. The kitchen is a chef's delight, featuring custom bead board cabinetry, white appliances, a farmhouse sink, granite counters, & a versatile island for culinary endeavors of any scale. Beyond the kitchen, discover the oversized family room, adorned with hardwood floors, tray ceiling, window seat, & intricate stone fireplace w/ a wood burning insert, flanked by built-in bookcases. The main level also hosts 2 bedrooms & a recently remodeled full bath, boasting a professionally tiled walk-in shower, adding a touch of luxury to your everyday routine. Venture downstairs to find additional living space, including a third bedroom, a den, another full bath, laundry space, & a utility room, providing ample space for storage needs. Outside, a screened porch beckons you to unwind and enjoy the peaceful surroundings, while the detached garage offers ample parking w/ 4 garage doors, stainless vent for future woodstove, additional porch, completing this exceptional property. Don't miss your chance to experience lakefront living at its finest.
Last Agent to Sell the Property
Century 21 Scheetz - Bloomington Brokerage Phone: 812-606-1908 Listed on: 02/20/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,424
Year Built
- Built in 1970
Lot Details
- 1.9 Acre Lot
- 200 Feet of Waterfront
- Lake Front
- Private Beach
- Backs to Open Ground
- Rural Setting
- Chain Link Fence
- Landscaped
- Corner Lot
- Sloped Lot
- Partially Wooded Lot
HOA Fees
- $37 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Heated Garage
- Garage Door Opener
- Gravel Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Shingle Roof
- Vinyl Construction Material
- Limestone
Interior Spaces
- Open Floorplan
- Built-in Bookshelves
- Tray Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Living Room with Fireplace
- 2 Fireplaces
- Screened Porch
- Water Views
- Electric Dryer Hookup
Kitchen
- Kitchen Island
- Stone Countertops
- Built-In or Custom Kitchen Cabinets
- Utility Sink
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Separate Shower
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
- Sump Pump
- Block Basement Construction
- 1 Bathroom in Basement
- 1 Bedroom in Basement
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Seawall
- Dock Rights
- Lake, Pond or Stream
Schools
- Gosport Elementary School
- Owen Valley Middle School
- Owen Valley High School
Utilities
- Forced Air Heating and Cooling System
- Private Company Owned Well
- Well
- Septic System
Listing and Financial Details
- Assessor Parcel Number 60-07-18-100-060.000-024
Community Details
Overview
- Locust Lake Subdivision
Recreation
- Pier or Dock
- Waterfront Owned by Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 20, 2024
Closed on
Aug 13, 2024
Sold by
Caudill Lowell Joe and Caudill Wendy Pearl
Bought by
Thorson Mitchell G and Thorson Laura L
Seller's Agent
Corey Mauder
Century 21 Scheetz - Bloomington
Buyer's Agent
Priscilla Hetrick
Legacy Land & Homes of Indiana
List Price
$359,900
Sold Price
$315,000
Premium/Discount to List
-$44,900
-12.48%
Views
309
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,573
Avg. Annual Appreciation
-0.94%
Purchase Details
Closed on
Jan 21, 2021
Sold by
Harpold Jeffrey Linn and Harpold Joann
Bought by
Caudill Lowell Joe and Caudill Wendy Pearl
Similar Homes in Spencer, IN
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $315,000 | None Listed On Document | |
| Warranty Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,770 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $315,000 | -7.3% | $144 / Sq Ft |
| 04/30/2024 04/30/24 | Price Changed | $339,900 | -2.9% | $155 / Sq Ft |
| 03/26/2024 03/26/24 | Price Changed | $349,900 | -2.8% | $160 / Sq Ft |
| 02/20/2024 02/20/24 | For Sale | $359,900 | -- | $164 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $1,555 | $236,600 | $20,500 | $216,100 |
| 2023 | $1,424 | $215,600 | $20,500 | $195,100 |
| 2022 | $1,496 | $197,200 | $19,600 | $177,600 |
| 2021 | $1,108 | $143,400 | $19,600 | $123,800 |
| 2020 | $1,132 | $147,100 | $19,600 | $127,500 |
| 2019 | $1,074 | $136,600 | $17,800 | $118,800 |
| 2018 | $995 | $129,300 | $17,800 | $111,500 |
| 2017 | $835 | $116,800 | $17,800 | $99,000 |
| 2016 | $779 | $111,600 | $17,800 | $93,800 |
| 2014 | $800 | $113,600 | $17,800 | $95,800 |
| 2013 | -- | $112,600 | $17,800 | $94,800 |
Source: Public Records
Agents Affiliated with this Home
-
Corey Mauder
Seller's Agent in 2024
Corey Mauder
Century 21 Scheetz - Bloomington
(812) 821-0290
141 Total Sales
-
Priscilla Hetrick
Buyer's Agent in 2024
Priscilla Hetrick
Legacy Land & Homes of Indiana
(765) 585-6283
154 Total Sales
Map
Source: Indiana Regional MLS
MLS Number: 202405235
APN: 60-07-18-100-060.000-024
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