NOT LISTED FOR SALE

7328 Locust Lake W Spencer, IN 47460

Estimated Value: $301,737 - $354,000

2 Beds
2 Baths
2,054 Sq Ft
$159/Sq Ft Est. Value

Last Sold June 24, 2016

Last sale price $182,000 $89 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,933/month

71 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • A-Frame Home
  • Cathedral Ceiling
  • Great Room with Fireplace

About This Home

As of June 2016

Peace,quite and a lake view!! This immaculate home is 10 min. N of Spencer and 45 min. from Bloomington or Indy. The home features 1.34 AC, 4 lots (3 are lakefront), 2 BR, 2 full BA, Lg lofted area, bedroom on main level, awesome views of the lake, 3.5 car detached garage, whole house generator, new hardwood floors, new kitchen with new stainless appliances, quartz counter tops, new cabinets, wood burning fireplace (gas logs are available), awesome dock, extensive decks and much more!!

Last Listed By

Tya Hanna

Dropped Members License #RB14041491 Listed on: 03/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 1988

Lot Details

  • 1.34 Acre Lot
  • Lake Front

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • A-Frame Home
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Built-in Bookshelves
  • Cathedral Ceiling
  • Skylights
  • Great Room with Fireplace
  • Family or Dining Combination
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Gas Oven
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Fire Pit

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Power Generator
  • Well
  • Liquid Propane Gas Water Heater

Community Details

  • No Home Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 5,6,7,25
  • Assessor Parcel Number 600717200140060024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 1988
  • Building Area Total: 2496
  • Garage Y N: Yes
  • Lot Size Acres: 1.34
  • Subdivision Name: No Subdivision
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: tyahanna@remax.net
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished Ceiling, Finished, Walk Out, Finished Walls
  • Appliances: Dishwasher, Microwave, MicroHood, Gas Oven, Refrigerator, Water Softener Owned, Propane Water Heater
  • Levels: Three Or More
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 397
  • Fireplace Features: Great Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Built In Book Shelves, Cathedral Ceiling(s), Hardwood Floors, Skylight(s), Pantry
  • Living Area: 2054
  • Main Level Bedrooms: 1
  • Other Equipment: Generator, Smoke Alarm
  • Areas Interior: Great Room - 2 Story
  • Eating Area: Dining Combo/Great Room
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2054
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Assessor
  • SqFt Total: 2496

Exterior Features

  • Construction Materials: Wood
  • Disclosures: Not Applicable
  • Exterior Features: Outdoor Fire Pit, Dock
  • Foundation Details: Block
  • List Price: 199500
  • Patio And Porch Features: Deck Main Level, Deck UP
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Detached, Garage Door Opener, Gravel

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Propane
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No
  • H O A Disclosures: Covenants & Restrictions

Lot Info

  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 1.34
  • Parcel Number: 600717200140060024
  • Acres: 1-3 Acres

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1140
  • Tax Lot: 5,6,7,25
  • Semi Annual Property Tax Amt: 570
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2013
Sold by
Huffman Melvin E
Bought by
Coburn Bernice and Coburn Jack E
Total Days on Market
71
Current Estimated Value
$325,684

Range of Values:

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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

Mortgage History

Date Status Borrower Loan Amount
Open Kingston Debra L $145,600
Closed Coburn Jack E $10,000
Previous Owner Huffman Melvin E $97,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2016 06/24/16 Sold $182,000 -8.8% $89 / Sq Ft
03/23/2016 03/23/16 For Sale $199,500 -- $97 / 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

  • Tya Hanna

    Seller's Agent in 2016

    Tya Hanna

    Dropped Members

    (812) 327-5530

    54 Total Sales

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Source: MIBOR Broker Listing Cooperative®

MLS Number: 21406060

MIBOR Broker Listing Cooperative®

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

Indiana Owen County Spencer 47460

7328 Locust Lake W, Spencer, IN

Homes for Sale in Spencer, IN

This home is located at 7328 Locust Lake W, Spencer, IN 47460 since 23 March 2016 and is currently estimated at $325,684, approximately $158 per square foot. This property was built in 1988. 7328 Locust Lake W is a home located in Owen County with nearby schools including Owen Valley Community High School.

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