NOT LISTED FOR SALE

7558 Locust Lake Rd Spencer, IN 47460

Estimated Value: $308,000 - $466,045

3 Beds
2 Baths
1,398 Sq Ft
$283/Sq Ft Est. Value

About This Home

This home is located at 7558 Locust Lake Rd, Spencer, IN 47460 and is currently estimated at $396,015, approximately $283 per square foot. 7558 Locust Lake Rd is a home located in Owen County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2023
Sold by
Selig Nikki L
Bought by
Selig Michael Andrew
Current Estimated Value
$381,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Outstanding Balance
$113,319
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$247,328

Purchase Details

Closed on
Jul 20, 2012
Sold by
Selig Michael Andrew
Bought by
Selig Michael Andrew and Selig Nikki L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.64%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Selig Michael Andrew $31,499 None Listed On Document
Selig Michael Andrew -- None Available
Selig Michael Andrew -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Selig Michael Andrew $115,000
Previous Owner Selig Michael Andrew $130,000
Source: Public Records

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 $2,352 $303,500 $23,500 $280,000
2023 $2,393 $288,500 $22,900 $265,600
2022 $2,490 $278,400 $22,300 $256,100
2021 $1,878 $193,200 $22,000 $171,200
2020 $1,939 $191,200 $20,000 $171,200
2019 $1,881 $181,500 $18,100 $163,400
2018 $1,871 $176,000 $18,100 $157,900
2017 $1,875 $177,400 $18,500 $158,900
2016 $1,841 $179,200 $18,600 $160,600
2014 $1,565 $164,000 $18,700 $145,300
2013 -- $44,800 $18,400 $26,400
Source: Public Records

Map

Indiana Owen County Spencer 47456

7558 Locust Lake Rd, Spencer, IN

This home is located at 7558 Locust Lake Rd, Spencer, IN 47460 and is currently estimated at $396,015, approximately $283 per square foot. 7558 Locust Lake Rd is a home located in Owen County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale High School.

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