$355,000
SOLD MAY 20, 2025

7367 Addie Rd Spencer, IN 47460

3 Beds
2 Baths
2,387 Sq Ft
5.49 Acres

Recently Sold

$149 Per Sq Ft

10% Below List Price

348 Days on Market

Highlights

  • Cape Cod Architecture
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Deck
  • No HOA
  • 4 Car Garage

About This Home

As of May 2025

This unique property is a must see! The property is nestled in the heart of Owen County, that offers 5.49 Acres. Which features a single-family home, as well as a Log Cabin, with a large covered front porch overlooking a pond. The main house has 3-bedrooms, with a large great room. The kitchen featuring new cabinets and granite countertops, along with new stainless appliances. The dining area is charming and inviting. The 2 bathrooms are fully remodeled and amazing. The laundry room is conveniently located. This home has a Forced air furnace and central air. The 2-car attached garage is oversized. Home has covered porch and rear deck that overlooks the pond. The back Cabin also has a huge covered front porch for those summer nights, sitting outside watching those rainy days. The cabin has a large great room, and a fully remodeled kitchen. The bathroom as well large upper bedroom. The cabin offers new Forced air furnace and central air. The cabin has an attached garage and large pole barn. The house and cabin have new septic systems, what was installed 2023. The houses have many updates with a long list of features, new floor covering, paint, lighting, windows, cabinets, countertops, appliances, bathroom fixtures and the list goes on. The Cabin has a finished area of 1392 GLA that is not included in the total Sq Ft.

Last Agent to Sell the Property

Cy Marlow

L.J. Michaels, Inc. Brokerage Email: CMarlow@LJMichaels.com License #RB14017536 Listed on: 05/20/2024

Last Buyer's Agent

Marji Legault

Monteith-Legault Real Estate C License #RB14049075

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,822

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 5.49 Acre Lot

Parking

  • 4 Car Garage

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,387 Sq Ft Home
  • 1.5-Story Property
  • Cathedral Ceiling
  • Combination Kitchen and Dining Room
  • Attic Access Panel

Kitchen

  • Electric Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Owen Valley Middle School
  • Owen Valley Community High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5.49
  • Assessor Parcel Number 601729400430000016
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,822

Year Built

Built in 1988 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1988
  • Building Area Total: 2387
  • Garage Y N: Yes
  • Lot Size Acres: 5.49
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: CMarlow@LJMichaels.com
  • Attribution Contact: CMarlow@LJMichaels.com
  • Special Features: None

Interior Features

  • Basement: No
  • Appliances: Electric Cooktop, Dishwasher, MicroHood
  • Levels: One and One Half
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Attic Access, Cathedral Ceiling(s)
  • Living Area: 2387
  • Main Level Bedrooms: 2
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 2387
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • List Price: 365000
  • Patio And Porch Features: Covered Porch, Deck Main Level
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Attached, Detached, Other
  • Garage Sq Ft: 960

Utilities

  • Heating: Forced Air, Propane
  • Water Source: Community Water
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 239144
  • Parcel Number: 601729400430000016
  • Acres: 5-10 Acres
  • Price Acre: 64663

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 5822
  • Tax Lot: 5.49
  • Semi Annual Property Tax Amt: 2911

MLS Schools

  • High School: Owen Valley Community High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jun 20, 2025
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Warren Matthew
Seller's Agent
Cy Marlow
L.J. Michaels, Inc.
Buyer's Agent
Marji Legault
Monteith-Legault Real Estate C
List Price
$395,000
Sold Price
$355,000
Premium/Discount to List
-$40,000
-10.13%
Views
678
Current Estimated Value
$371,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,885
Avg. Annual Appreciation
20.43%
Original Mortgage
$284,000
Outstanding Balance
$283,758
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$88,127

Purchase Details

Closed on
Sep 8, 2020
Sold by
Christy Jerry L and Christy Martha E
Bought by
Fannie Mae and Federal National Mortgage Association
Source: Public Records

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Range of Values:

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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
Special Warranty Deed $355,000 First American Title
Sheriffs Deed $179,025 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,000 New Conventional
Previous Owner $30,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $355,000 -2.7% $149 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
04/30/2025 04/30/25 Price Changed $365,000 -5.2% $153 / Sq Ft
03/31/2025 03/31/25 Price Changed $384,900 -2.6% $161 / Sq Ft
03/24/2025 03/24/25 For Sale $395,000 0.0% $165 / Sq Ft
03/10/2025 03/10/25 Pending -- -- --
02/27/2025 02/27/25 Price Changed $395,000 -1.2% $165 / Sq Ft
02/25/2025 02/25/25 For Sale $399,900 0.0% $168 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $399,900 -5.9% $168 / Sq Ft
10/16/2024 10/16/24 Price Changed $425,000 -3.4% $178 / Sq Ft
09/16/2024 09/16/24 Price Changed $439,900 -2.2% $184 / Sq Ft
08/20/2024 08/20/24 Price Changed $450,000 -6.2% $189 / Sq Ft
07/24/2024 07/24/24 Price Changed $479,900 -2.0% $201 / Sq Ft
06/20/2024 06/20/24 Price Changed $489,900 -3.9% $205 / Sq Ft
05/21/2024 05/21/24 For Sale $509,900 -- $214 / 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 $5,765 $428,800 $51,700 $377,100
2023 $5,823 $405,800 $51,400 $354,400
2022 $5,969 $388,700 $51,100 $337,600
2021 $5,434 $312,000 $51,000 $261,000
2020 $5,027 $295,500 $51,000 $244,500
2019 $4,812 $268,700 $37,100 $231,600
2018 $3,730 $292,900 $33,200 $259,700
2017 $3,230 $265,900 $33,300 $232,600
2016 $3,146 $258,600 $33,400 $225,200
2014 $3,117 $256,100 $33,500 $222,600
2013 -- $248,000 $33,300 $214,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21980594

MIBOR Broker Listing Cooperative®

APN: 60-17-29-400-430.000-016