NOT LISTED FOR SALE

7336 Switchboard Rd Spencer, IN 47460

Estimated Value: $512,000 - $617,000

4 Beds
5 Baths
4,488 Sq Ft
$129/Sq Ft Est. Value

Last Sold November 26, 2018

Last sale price $295,000 $66 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,380/month

219 Days on Market

Highlights

  • Spa
  • Traditional Architecture
  • Stone Countertops
  • 10.63 Acre Lot
  • 2 Fireplaces
  • 5 Car Detached Garage

About This Home

As of November 2018

Own a gorgeous piece of the Indiana countryside! Located only 20 minutes from downtown Bloomington in the rolling hills, this home has the privacy and beauty with the convenience of being close to town and McCormick's Creek State Park. This property consists of 4200+ square feet of finished living space, 500+ square feet of unfinished potential, and 10+ gorgeous acres of hillside and fantastic views. As you walk from the brand new, large, wrap-around deck through the main door, modern comfort with timeless tradition. Solid oak trim and crown molding are found in every room on the main floor, accented with hardwood floors and porcelain tile. The kitchen consists of custom oak cabinets, glass shelving, a country sink, and a huge island w/ quartz counter-tops a. The living room, reading room/formal dining room, laundry room, and two half bathrooms can be found on the main floor as well. The living room has a brand new propane fireplace and full glass French doors that lead to the back porch and a Jacuzzi hot tub. A few steps from the kitchen is a large recreation room complete with surround sound and projection system to make for a movie-like tv experience! On the second floor, visitors will find all four bedrooms, two of which have private, attached full bathrooms. A hallway bathroom provides access for the other two bedrooms. The master suite contains his and her sinks as well as a large jetted tub and custom, full tile walk-in shower. The master includes a walk-in closet with plenty of room for clothes. The entire house sits on top of a full basement that has been partially finished and has plenty of storage and or contains all materials to finish the remainder of the basement. If desired, a potential 5th bedroom is already framed out and a 6th full bathroom has been plumbed and ready with a surround tub/shower and materials included to finish. This house has been recently updated with new carpet and more and contains the best views around. Outside, a brand new, quarter-mile asphalt drive leads from the road to a brand new two-car garage with plenty of storage space. Come see this custom home today!

Last Agent to Sell the Property

Kyla English

Lux Realty Listed on: 03/09/2018

Last Buyer's Agent

Sally Baird

Sterling Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 2008

Lot Details

  • 10.63 Acre Lot
  • Rural Setting
  • Irregular Lot

Parking

  • 5 Car Detached Garage
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Basement Fills Entire Space Under The House
  • Stone Countertops
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Garden Bath

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Septic System

Additional Features

  • Energy-Efficient Appliances
  • Spa

Listing and Financial Details

  • Assessor Parcel Number 60-17-28-300-390.000-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,200

Year Built

Built in 2008

Lot Details

0

Parking

5

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2008
  • Age: 10
  • Architectural Style: Traditional
  • Total Number of Rooms: 17
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 5
  • Total Full Bathrooms: 3
  • Total Number of Half Bathrooms: 2
  • Legal Description: In Se Sw S28 T9 R3 10.63A |
  • Parcel Number ID: 60-17-28-300-390.000-016
  • Platted: Yes
  • Amenities: Hot Tub/Spa, Ceiling-9+, Ceiling Fan(s), Countertops-Stone, Deck Open, Dryer Hook Up Electric, Garden Tub, Tub/Shower Combination, Washer Hook-Up
  • Cross Street: Burk Shiloh
  • Improvmnts In Last5 Yrs: Yes
  • Location: Rural
  • Sp Lp Percent: 98.37
  • Special Features: None

Interior Features

  • Total Sq Ft: 5032
  • Total Finished Sq Ft: 4488
  • Above Grade Finished Sq Ft: 3688
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 544
  • Price Per Sq Ft: 79.99
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 2
  • Fireplace: Gas Starter
  • Fireplace: Yes
  • Living Great Room: Dimensions: 13x31, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Dining Room: Dimensions: 12x15, On Level: Main
  • Recreation Room: Dimensions: 24x40, On Level: Main
  • Bedroom 1: Dimensions: 13x22, On Level: Upper
  • Bedroom 2: Dimensions: 11x15, On Level: Upper
  • Bedroom 3: Dimensions: 10x15, On Level: Upper
  • Bedroom 4: Dimensions: 13x13, On Level: Upper
  • Number of Main Level Half Bathrooms: 2
  • Total Below Grade Sq Ft: 1344

Exterior Features

  • Exterior: Brick, Vinyl
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt, Gravel
  • Garage Type: Detached
  • Garage Number Of Cars: 5
  • Garage Size: Dimensions: 28x30
  • Garage Sq Ft: 840
  • Garage: Yes

Utilities

  • Cooling: Central Air, Heat Pump
  • Heating Fuel: Forced Air
  • Sewer: Septic
  • Water Utilities: Public
  • Laundry: Dimensions: Mainx10, On Level: 8

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Mccormicks Creek
  • Middle School: Owen Valley
  • High School: Owen Valley

Lot Info

  • Lot Description: Irregular
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 463043
  • Estimated Lot Size Acres: 10.63

Green Features

  • Energy Efficient: Appliances

Tax Info

  • Annual Taxes: 2200
  • Exemptions: Homestead, Mortgage, Supplemental

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2018
Closed on
Nov 26, 2018
Sold by
Mcginnis Nicholas J
Bought by
Ward Thomas P
Seller's Agent
Kyla English
Lux Realty
Buyer's Agent
Sally Baird
Sterling Real Estate
List Price
$415,000
Sold Price
$295,000
Premium/Discount to List
-$120,000
-28.92%
Current Estimated Value
$577,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,321
Avg. Annual Appreciation
10.30%
Original Mortgage
$236,000
Outstanding Balance
$207,921
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$369,400

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 30, 2016
Sold by
Walcott Jason C
Bought by
Mcginnis Nicholas J and Mcginnis Ashley M
Seller's Agent
Ronita Walcott
Evergreen Real Estate & Auctions
Buyer's Agent
Kimberly Scifres
Cornerstone Realtors
List Price
$295,000
Sold Price
$230,000
Premium/Discount to List
-$65,000
-22.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
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
Ward Thomas P $295,000 --
Ward Thomas P -- None Available
Mcginnis Nicholas J $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ward Thomas P $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2018 11/26/18 Sold $295,000 -1.6% $66 / Sq Ft
09/27/2018 09/27/18 Price Changed $299,900 -1.7% $67 / Sq Ft
09/22/2018 09/22/18 Price Changed $305,000 -1.6% $68 / Sq Ft
09/18/2018 09/18/18 Price Changed $310,000 -1.6% $69 / Sq Ft
08/17/2018 08/17/18 Price Changed $315,000 -1.5% $70 / Sq Ft
08/05/2018 08/05/18 Price Changed $319,900 -1.5% $71 / Sq Ft
07/28/2018 07/28/18 Price Changed $324,900 -4.4% $72 / Sq Ft
07/15/2018 07/15/18 Price Changed $340,000 -2.8% $76 / Sq Ft
07/01/2018 07/01/18 Price Changed $349,900 -1.4% $78 / Sq Ft
06/05/2018 06/05/18 Price Changed $355,000 -2.7% $79 / Sq Ft
05/30/2018 05/30/18 Price Changed $365,000 -1.4% $81 / Sq Ft
05/23/2018 05/23/18 Price Changed $370,000 -1.3% $82 / Sq Ft
05/09/2018 05/09/18 Price Changed $375,000 -3.8% $84 / Sq Ft
04/26/2018 04/26/18 Price Changed $389,900 -6.0% $87 / Sq Ft
03/09/2018 03/09/18 For Sale $415,000 +80.4% $92 / Sq Ft
09/30/2016 09/30/16 Sold $230,000 -22.0% $62 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $295,000 -- $80 / Sq Ft
Source: Indiana Regional MLS

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 $3,828 $471,600 $78,200 $393,400
2023 $3,714 $443,900 $78,200 $365,700
2022 $3,846 $413,800 $64,300 $349,500
2021 $3,426 $331,100 $64,300 $266,800
2020 $3,132 $311,400 $59,600 $251,800
2019 $2,722 $275,500 $56,500 $219,000
2018 $2,610 $261,100 $20,000 $241,100
2017 $2,349 $248,900 $20,600 $228,300
2016 $2,229 $237,700 $20,900 $216,800
2014 $2,254 $239,900 $21,100 $218,800
2013 -- $229,900 $20,400 $209,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201808833

Indiana Regional MLS

APN: 60-17-28-300-390.000-016