NOT LISTED FOR SALE

7328 Locust Lake Dr W Spencer, IN 47460

Estimated Value: $295,000 - $358,000

2 Beds
2 Baths
2,496 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 13, 2013

Last sale price $168,500 $68 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,857/month

120 Days on Market

About This Home

As of May 2013

Waterfront modified A Frame in impeccable condition with breathtaking views of Locust Lake! A great fishing lake! Home is situated on 3 WF lots brimming w/ redbud, dogwood trees and a haven for song birds & lot across street. Open Concept! Great Rm features 20 ft.ceilings, gas frplc. Upper loft could be 3rd BR. MBR in lower level w bonus rm & full bath. French doors on upper and lower levels exit to lakeside. Many upgrades/updates. A 3.5 car gar has workshop & area for boat storage.

Last Agent to Sell the Property

Carolyn Sabean

Carpenter, REALTORS® License #RB14040848 Listed on: 12/03/2012

Carpenter, REALTORS®

Co-Listed By

Sharon Peoples

The Peoples Choice Real Estate License #RB14045328

Last Buyer's Agent

Carolyn Sabean

Carpenter, REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,208

Year Built

  • 1988

Lot Details

  • 1.34

HOA Fees

  • $10 per month

Outdoor Features

  • Wrap Around Porch

Utilities

  • Heating System Uses Propane
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,208

Year Built

1988

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Architectural Style: A-Frame
  • Directions: From Greencastle, to south on US 231 (thru Carp) 6.1 miles from Owen County line to Locust Lake Rd. Right to Locust lake. At entrance veer left to 7328 (follow signs) from Spencer. go N on US231 to Locust Lake
  • Garage Yn: Yes
  • New Construction: No
  • Property Attached Yn: No
  • Subdivision Name: LOCUST LAKE
  • Special Features: None
  • Year Built: 1988

Interior Features

  • Appliances: Electric Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Has Basement: Finished Ceiling, Walk Out
  • Fireplace Features: Gas Starter, Great Room
  • Areas Interior: Foyer Small,Laundry Room Main Level,Utility Room
  • Eating Area: Breakfast Bar,Dining Combo/Kitchen,Pantry
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Sq Ft Main Upper: 2054
  • Main Level Sq Ft: 1768
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Master Bedroom Description: TubFull with Shower
  • Below Grade Sq Ft: 442
  • Upper Level Sq Ft: 286
  • Pct Optional Level Finished: 75+%
  • Bathroom Areas: 2.0000
  • Optional Level Below Grade: Walk Out Basement
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplaces: 1
  • Interior Amenities: Attic Access, Raised Ceiling(s), Vaulted Ceiling(s), Windows Thermal
  • Other Equipment: Smoke Detector, Water-Softener Owned

Exterior Features

  • Exterior Features: Driveway Gravel
  • Foundation Details: Concrete Perimeter
  • Association Maintained Building Exterior: 0
  • Porch: Wrap Around Porch
  • Construction Type: Vinyl Siding
  • Disclosures: Not Applicable

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 3 Car Detached
  • Garage Parking Other: Finished Garage,Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 125
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Acres: 1-3 Acres
  • Lot Information: Lakefront,Rural No Subdivision,Tree Mature
  • Lot Number: 5-7,25
  • Lot Size: 277x215

Tax Info

  • Semi Annual Property Tax Amt: 604
  • Tax Exemption: HomesteadTaxExemption,HmsdTaxExpFiledNotReflected
  • Tax Annual Amount: 1208
  • Tax Year: 2013

MLS Schools

  • School District: Spencer-Owen Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2012
Closed on
May 13, 2013
Sold by
Huffman Melvin E
Bought by
Coburn Bernice and Coburn Jack E
Seller's Agent
Carolyn Sabean
Carpenter, REALTORS®
Buyer's Agent
Carolyn Sabean
Carpenter, REALTORS®
List Price
$173,500
Sold Price
$168,500
Premium/Discount to List
-$5,000
-2.88%
Current Estimated Value
$324,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,847
Avg. Annual Appreciation
5.58%
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
Coburn Bernice $168,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2013 05/13/13 Sold $168,500 -2.9% $68 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
12/03/2012 12/03/12 For Sale $173,500 -- $70 / 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 $1,518 $233,500 $22,100 $211,400
2023 $1,431 $218,000 $22,100 $195,900
2022 $1,495 $202,500 $22,100 $180,400
2021 $1,402 $175,500 $22,100 $153,400
2020 $1,330 $170,700 $22,100 $148,600
2019 $1,341 $164,100 $22,100 $142,000
2018 $1,390 $168,200 $19,000 $149,200
2017 $2,868 $162,400 $19,000 $143,400
2016 $1,249 $157,400 $19,000 $138,400
2014 $1,139 $148,100 $19,000 $129,100
2013 -- $133,900 $19,000 $114,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carolyn Sabean

    Carpenter, REALTORS®

    Section Image

  • S

    Seller Co-Listing Agent in 2013

    Sharon Peoples

    The Peoples Choice Real Estate

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21206951

MIBOR Broker Listing Cooperative®

APN: 60-07-17-200-140.060-024

Indiana Owen County Spencer 47460

7328 Locust Lake Dr W, Spencer, IN

This home is located at 7328 Locust Lake Dr W, Spencer, IN 47460 since 03 December 2012 and is currently estimated at $324,347, approximately $129 per square foot. This property was built in 1988. 7328 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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