NOT LISTED FOR SALE

7396 Locust Lake West Dr Spencer, IN 47460

Estimated Value: $306,000 - $347,113

2 Beds
2 Baths
1,734 Sq Ft
$192/Sq Ft Est. Value

Last Sold July 13, 2022

Last sale price $323,500 $187 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,930/month

20 Days on Market

Highlights

  • Lake Front
  • Mature Trees
  • Vaulted Ceiling
  • Cape Cod Architecture
  • Deck
  • Wood Flooring

About This Home

As of July 2022

Meticulously maintained 1-owner lake front home was custom built in 2003 Beautiful Cape Cod style w/oversized 2 car garage Enjoy the peaceful neighborhood from the front porch or lake views from the deck Wide plank hardwood floors throughout custom Amish built cabinets in bathrooms kitchen & built-ins on either side of the fireplace Open concept kitchen DR LR w/vaulted ceilings Kitchen inclds prep sink in peninsula & breakfast bar Master suite has picture window view of the lake walk in closet & master bath jacuzzi tub & separate shower French doors off DR lead to 4 season room full of natural light 2nd bedroom could be easily divided to make a 3rd bedroom Walk to the waters edge and enjoy fishing on the deck Property is being sold 'As-Is'.

Last Agent to Sell the Property

Corey Mauder

CENTURY 21 Scheetz License #RB20000124 Listed on: 06/06/2022

CENTURY 21 Scheetz

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 2003

Lot Details

  • 0.63 Acre Lot
  • Lake Front
  • Irregular Lot
  • Mature Trees

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley Community High School

Utilities

  • Heat Pump System
  • Well
  • Electric Water Heater
  • Water Purifier

Community Details

  • Association fees include trash
  • Locust Lake Subdivision
  • Property managed by Locust Lake Owner Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 600717200140110024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 2003

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Cape Cod
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2021
  • Year Built: 2003
  • Building Area Total: 1734
  • Garage Y N: Yes
  • Green Energy Efficient: HVAC
  • Lot Size Acres: 0.63
  • Subdivision Name: Locust Lake
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • MBR_AttributionContact: cmauder@c21scheetz.com
  • Special Features: VirtualTour

Interior Features

  • Basement: No
  • Basement Type: Crawl Space
  • Appliances: Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer, Electric Water Heater, Water Purifier, Water Softener Owned
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Woodburning Fireplce
  • Fireplaces: 1
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Hardwood Floors, Windows Vinyl, Breakfast Bar, Entrance Foyer
  • Living Area: 1734
  • Main Level Bedrooms: 2
  • Areas Interior: Utility Room
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1734
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0
  • ResoLivingAreaSource: Assessor
  • Rooms Basement: 0
  • SqFt Total: 1734

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • List Price: 324900
  • Patio And Porch Features: Deck Main Level, Covered Porch
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Attached, Garage Door Opener, Gravel
  • Garage Sq Ft: 624

Utilities

  • Cooling: Central Electric
  • Heating: Heat Pump, Electric
  • Laundry Features: Main Level
  • Water Source: Private Well
  • Solid Waste: No

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Locust Lake Owner Association
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Trash

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Lot Features: Irregular Lot, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 27443
  • Parcel Number: 600717200140110024
  • Acres: 1/2-1 Acre

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 1222
  • Tax Lot: 11
  • Semi Annual Property Tax Amt: 611
  • Tax Exemption: Homestead Tax Exemption,Mortage Tax Exemption,Other Tax Exemption/See Remarks

MLS Schools

  • Elementary School: Spencer Elementary School
  • High School: Owen Valley Community High School
  • Schools: OWEN VALLEY COMMUNITY HIGH,OWEN VALLEY MIDDLE,SPENCER ELEMENTARY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2022
Closed on
Jul 13, 2022
Sold by
Cumbo Leonard M and Cumbo Dorothy A
Bought by
Forsterling Robert Benjamin and Forsterling Lynn Eileen
Seller's Agent
Corey Mauder
CENTURY 21 Scheetz
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$324,900
Sold Price
$323,500
Premium/Discount to List
-$1,400
-0.43%
Current Estimated Value
$333,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,278
Avg. Annual Appreciation
1.36%
Source: Public Records

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
Forsterling Robert Benjamin -- Erickson Morris H
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2022 07/13/22 Sold $323,500 -0.4% $187 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $324,900 -- $187 / 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 $1,573 $241,500 $17,800 $223,700
2023 $1,466 $223,600 $17,800 $205,800
2022 $1,345 $209,700 $17,800 $191,900
2021 $1,221 $181,800 $17,800 $164,000
2020 $1,163 $178,100 $17,800 $160,300
2019 $1,210 $173,100 $17,800 $155,300
2018 $1,218 $173,200 $16,000 $157,200
2017 $1,070 $162,000 $16,000 $146,000
2016 $1,077 $157,600 $16,000 $141,600
2014 $1,009 $156,500 $16,000 $140,500
2013 -- $156,500 $16,000 $140,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21861101

MIBOR Broker Listing Cooperative®

APN: 60-07-17-200-140.110-024