$106,500
SOLD DEC 15, 2017

7289 Locust Lake East Dr Spencer, IN 47460

2 Beds
2 Baths
2,170 Sq Ft
0.47 Acres

Recently Sold

$49 Per Sq Ft

11% Below List Price

120 Days on Market

Highlights

  • Multiple Outdoor Decks
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

Views from the multipole decks and every window of this 2 bedroom, 2 bath lakefront home will make you glad you moved here!! Beautiful eat-in kitchen w/tons of oak cabinetry & large center island, formal living room for entertaining, main level master w/walk-in closet and full walk-out basement w/2nd bedroom, laundry and cozy family room. Large 1/2 acre yard with lots of mature trees and private dock perfect for summer BBQs on the water. Gorgeous! Home warranty attached.

Last Agent to Sell the Property

Patsy Coffey

Keller Williams Indy Metro S License #RB14019544 Listed on: 06/26/2017

Keller Williams Indy Metro S

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,688

Year Built

  • Built in 1983

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,170 Sq Ft Home
  • 1-Story Property
  • Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

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

Additional Features

  • Multiple Outdoor Decks
  • 0.47 Acre Lot

Community Details

  • Association fees include entrance common insurance maintenance snow removal
  • Locust Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 600717200140330024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,688

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TradAmer
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2017
  • Year Built: 1983
  • Garage Y N: No
  • Lot Size Acres: 0.47
  • Subdivision Name: LOCUST LAKE
  • Inspection Warranties: Warranty Homebuyers
  • Property Description: Views from the multipole decks and every window of this 2 bedroom, 2 bath lakefront home will make you glad you moved here!! Beautiful eat-in kitchen w/tons of oak cabinetry & large center island, formal living room for entertaining, main level master w/walk-in closet and full walk-out basement w/2nd bedroom, laundry and cozy family room. Large 1/2 acre yard with lots of mature trees and private dock perfect for summer BBQs on the water. Gorgeous! Home warranty attached.
  • Transaction Type: Sale
  • Open House Count: 0
  • Open House Public Count: 0
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Walk-Out Access
  • Appliances: Dryer,Electric Oven,Refrigerator,Washer
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Walk-in Closet(s),Wood Work Painted
  • Living Area: 2170
  • Other Equipment: Smoke Detector,Sump Pump
  • Room Count: 6
  • Areas Interior: Living Room Formal,Laundry in Basement
  • Eating Area: Breakfast Bar,Center Island,Eat In Kitchen,Walk In Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 1085
  • Main Level Sq Ft: 1085
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: Closet Walk in,Main Level
  • Total Sq Ft: 2170
  • Below Grade Sq Ft: 1085
  • Pct Optional Level Finished: 50-75%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 109900
  • Association Maintained Building Exterior: 0
  • Porch: Multiple Decks

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: None

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
  • Management Company Name: yes

Fee Information

  • Association Fee Includes: Entrance Common,Insurance,Maintenance,Snow Removal
  • Mandatory Fee: 288

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 600717200140330024
  • Acres: 1/4-1/2 Acre
  • Lot Information: Dock Owned,Lakefront,Tree Mature,Wooded
  • Lot Number: 33
  • Lot Size: 20,473

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 1688
  • Semi Annual Property Tax Amt: 844
  • Tax Exemption: None

MLS Schools

  • School District: Spencer-Owen Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Jun 16, 2023
Sold by
Bryant Jonathan
Bought by
Foster Matthew D and Vanryn Hannah M
Seller's Agent
Nicole Johnson
Highgarden Real Estate
Buyer's Agent
Beth Walden
Seasons of Indiana Real Estate
List Price
$239,900
Sold Price
$224,000
Premium/Discount to List
-$15,900
-6.63%
Views
246
Current Estimated Value
$235,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,382
Avg. Annual Appreciation
2.57%
Original Mortgage
$219,942
Outstanding Balance
$215,512
Interest Rate
6.74%
Mortgage Type
FHA
Estimated Equity
$21,881

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 14, 2021
Sold by
Price Beth Ann and Price James M
Bought by
Bryant Jonathan
Seller's Agent
Molly Schopmeyer
Emmert Realty
Buyer's Agent
Nicole Johnson
Berkshire Hathaway Home
List Price
$144,900
Sold Price
$160,000
Premium/Discount to List
$15,100
10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$152,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 26, 2017
Closed on
Dec 15, 2017
Sold by
Maxine V
Bought by
James M
Seller's Agent
Patsy Coffey
Keller Williams Indy Metro S
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$119,900
Sold Price
$106,500
Premium/Discount to List
-$13,400
-11.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Original Mortgage
$50,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Amigh Jack M and Amigh Maxine V
Bought by
Jordan Judy K
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 Type Sale Price Title Company
Warranty Deed $224,000 Trademark Title
Warranty Deed -- None Available
Deed $106,500 --
Warranty Deed $106,500 Abstrct & Title
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $219,942 FHA
Previous Owner $152,000 New Conventional
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $224,000 -4.6% $110 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $234,900 -2.1% $115 / Sq Ft
04/12/2023 04/12/23 For Sale $239,900 0.0% $118 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $239,900 0.0% $118 / Sq Ft
02/21/2023 02/21/23 Price Changed $240,000 -4.0% $118 / Sq Ft
02/08/2023 02/08/23 For Sale $250,000 +56.3% $123 / Sq Ft
04/14/2021 04/14/21 Sold $160,000 +10.4% $74 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $144,900 +36.1% $67 / Sq Ft
12/15/2017 12/15/17 Sold $106,500 -3.1% $49 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
08/30/2017 08/30/17 Price Changed $109,900 -8.3% $51 / Sq Ft
06/26/2017 06/26/17 For Sale $119,900 -- $55 / 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 $930 $162,400 $14,500 $147,900
2023 $866 $151,100 $14,500 $136,600
2022 $856 $137,200 $14,500 $122,700
2021 $778 $119,600 $14,500 $105,100
2020 $778 $116,000 $14,500 $101,500
2019 $778 $111,500 $14,500 $97,000
2018 $721 $106,800 $13,000 $93,800
2017 $615 $98,600 $13,000 $85,600
2016 $1,688 $95,200 $13,000 $82,200
2014 $1,680 $94,900 $13,000 $81,900
2013 -- $96,200 $13,000 $83,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21494477

MIBOR Broker Listing Cooperative®

APN: 60-07-17-200-140.330-024