NOT LISTED FOR SALE

7477 Locust Lake Rd Spencer, IN 47460

Estimated Value: $336,000 - $448,152

10 Acres
$38,879 Price per Acre
435,600 Sq Ft Lot

Last Sold August 25, 2021

Last sale price $149,900 $46 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,174/month

49 Days on Market

About This Lot

As of August 2021

The perfect building site in a country setting.
This is a secluded 10 acre tract of land on a paved road in Owen County. It features a 2 acre building site, ready for your dream home, as well as 8 acres of mature forest. The wooded portion is in an optional transferable forestry program that gives a significant tax break. This has a beautiful 50x62 barn with a partial concrete floor, electrical, 6x6 post frame construction, plywood exterior with metal siding and a shingled roof. Also has a 15x62 implement shed attached.

Last Agent to Sell the Property

Tyler Cox

RE/MAX Cornerstone License #RB14040711 Listed on: 04/24/2021

RE/MAX Cornerstone

Co-Listed By

Nicole Stanley

RE/MAX Cornerstone License #RB20001058

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Property Details

Property Type

  • Land

Lot Details

  • 10

Additional Features

  • 10 Acre Lot
  • Septic Needed

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: AgricLand
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2021
  • Co List Office Phone: 765-653-7070
  • Lot Size Acres: 10
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Subdivision Name: NO SUBDIVISION
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Possible Use: Agricultural, Residential
  • Sq Ft Main Upper: 0

Exterior Features

  • Disclosures: Not Applicable
  • Other Structures: Barn(s)
  • Topography: Level,Pasture
  • Road Access: CountyRd,Frontage Road
  • Water: NotApplic

Utilities

  • Sewer: Septic Needed
  • Solid Waste: 0

Lot Info

  • Current Use: Agricultural
  • Development Status: Plat Designed
  • Number Of Lots: 1
  • Parcel Number: 0
  • Zoning: agricultur
  • Acres: 10-20 Acres
  • Lot Number: 0
  • Lot Size: 435,600
  • Improvements: SeeRemarks
  • Land Characteristics: Rural,Rural Not in Subdivision,Mature Trees,Small Trees,Wooded
  • Potential Zoning: Agricultur,Single Family
  • Present Zoning: Agricultur

Tax Info

  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: OtherTaxExemption/See Remarks

MLS Schools

  • School District: Cloverdale Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Aug 25, 2021
Sold by
Sanders Levi and Sanders Perry
Bought by
Foil Robert and Foil Heidi
Seller's Agent
Tyler Cox
RE/MAX Cornerstone
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%
Current Estimated Value
$388,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,888
Avg. Annual Appreciation
24.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Foil Robert -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2021 08/25/21 Sold $149,900 -6.3% $46 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $159,900 -- $50 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,841 $249,500 $20,300 $229,200
2023 $1,862 $237,700 $20,300 $217,400
2022 $2,642 $19,900 $200 $19,700
Source: Public Records

Agents Affiliated with this Home

  • Tyler Cox

    Seller's Agent in 2021

    Tyler Cox

    RE/MAX Cornerstone

    (765) 247-9445

    263 Total Sales

    Tyler Cox
    Section Image
  • Nicole Stanley

    Seller Co-Listing Agent in 2021

    Nicole Stanley

    RE/MAX Cornerstone

    (765) 720-2657

    159 Total Sales

    Nicole Stanley
    Section Image

  • N

    Buyer's Agent in 2021

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21779617

MIBOR Broker Listing Cooperative®

APN: 60-07-07-304-110.002-021

Indiana Owen County Spencer 47456

7477 Locust Lake Rd, Spencer, IN

Not Listed for Sale

Lots

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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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