NOT LISTED FOR SALE

7746 Locust Lake Rd Spencer, IN 47460

Estimated Value: $304,000 - $337,233

3 Beds
2 Baths
1,692 Sq Ft
$191/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $215,000 $127 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,956/month

123 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • 2 Car Attached Garage
  • Ranch Style House
  • Covered patio or porch
  • Crown Molding

About This Home

As of April 2020

Peaceful country living at it's finest! This 3 bed 2 bath ranch home sits on 2.79 acres in the beautiful rolling hills of Owen County. Imagine yourself sipping coffee or reading the morning paper on your freshly painted front porch as you take in the natural beauty that surrounds you! This home boasts stainless appliances less than 5 years old, new ceramic tile in the kitchen and dining rooms and hardwood floors in the main living area. When the temperatures drop you can cozy up to your like new wood burning fireplace insert. 3 ample sized bedrooms provide everyone with their own space, and two of the three feature walk-in closets. The Master suite features a large en suite bath and not one, but two walk-ins. There is an attached 2 car garage and a whopping 24'X37' pole building that provides storage and work space for just about anything you can imagine. Other updated features include new light fixtures, new porch railing, and loads of new landscaping. The heat pump is less than 6 years old, and the water heater just under 1 year. If you're looking to get out and about, you're only minutes from Cagle Mills Lake, Lieberman State Park, Owen-Putnam State Forest . Just 30 minutes to Bloomington's West Side and just minutes from I-70 making a commute to Indianapolis a breeze! Make your appointment to see this beauty today, it won't last long!

Last Listed By

Josh Mitchell

FC Tucker/Bloomington REALTORS Listed on: 10/31/2019

FC Tucker/Bloomington REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,585

Year Built

  • Built in 2001

Lot Details

  • 2.79 Acre Lot
  • Rural Setting
  • Irregular Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • Crown Molding
  • Self Contained Fireplace Unit Or Insert
  • Living Room with Fireplace
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-07-07-400-170.000-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,585

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2001
  • Age: 19
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 6
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: PT E 1/2 SE S7 T11 R3 2.79A
  • Parcel Number ID: 60-07-07-400-170.000-021
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Closet(s) Walk-in, Crown Molding, Porch Covered, Main Level Bedroom Suite
  • Location: Rural
  • Road Access: County
  • Sp Lp Percent: 89.58
  • County Zoning: Unknown
  • Year Taxes Payable: 2019
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 1692
  • Total Finished Sq Ft: 1692
  • Above Grade Finished Sq Ft: 1692
  • Price Per Sq Ft: 127.07
  • Basement Foundation: Crawl
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm, Fireplace Insert
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood Floors
  • Living Great Room: Dimensions: 15x22, On Level: Main
  • Kitchen: Dimensions: 13x13, On Level: Main
  • Dining Room: Dimensions: 10x12, On Level: Main
  • Bedroom 1: Dimensions: 13x13, On Level: Main
  • Bedroom 2: Dimensions: 11x12, On Level: Main
  • Bedroom 3: Dimensions: 11x12, On Level: Main
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 24x37, 888

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 22x22
  • Garage Sq Ft: 484
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Forced Air, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Laundry: Dimensions: Mainx3, On Level: 5
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: Unknown
  • Estimated Lot Sq Ft: 121532
  • Estimated Lot Size Acres: 2.79

Tax Info

  • Annual Taxes: 1584.7
  • Exemptions: Homestead, Mortgage

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Apr 1, 2020
Sold by
Adams Marshall A and Adams Melinda
Bought by
Brandenburg Kimberly
Seller's Agent
Josh Mitchell
FC Tucker/Bloomington REALTORS
Buyer's Agent
BLOOM NonMember
NonMember BL
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Total Days on Market
123
Current Estimated Value
$322,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,558
Avg. Annual Appreciation
8.28%
Original Mortgage
$211,105
Outstanding Balance
$189,355
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$133,203

Purchase Details

Listed on
May 15, 2013
Closed on
May 15, 2013
Sold by
Whitt Josh R
Bought by
Adams Marshall A and Adams Melinda
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Nov 30, 2006
Sold by
Roberts James
Bought by
Whitt Josh R and Whitt Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
6.47%
Mortgage Type
New Conventional

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
Brandenburg Kimberly $215,000 Anselmo Lindberg & Associateds
Adams Marshall A $155,000 --
Whitt Josh R -- Royal Title Servies
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brandenburg Kimberly $12,316
Open Brandenburg Kimberly $211,105
Previous Owner Whitt Josh R $126,400
Previous Owner Whitt Josh R $31,600
Previous Owner Roberts James $25,499
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $215,000 -10.4% $127 / Sq Ft
01/24/2020 01/24/20 Price Changed $240,000 -4.0% $142 / Sq Ft
10/31/2019 10/31/19 For Sale $250,000 +61.3% $148 / Sq Ft
05/15/2013 05/15/13 Sold $155,000 0.0% $92 / Sq Ft
05/15/2013 05/15/13 Sold $155,000 -3.1% $92 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $159,900 0.0% $95 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
05/06/2011 05/06/11 For Sale $159,900 -- $95 / 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 $2,010 $263,900 $27,200 $236,700
2023 $2,051 $249,400 $27,200 $222,200
2022 $2,201 $242,800 $27,200 $215,600
2021 $1,664 $172,100 $27,200 $144,900
2020 $1,692 $172,600 $25,200 $147,400
2019 $1,565 $160,300 $19,600 $140,700
2018 $1,585 $157,000 $19,600 $137,400
2017 $1,581 $157,800 $19,600 $138,200
2016 $1,549 $159,300 $19,600 $139,700
2014 $1,344 $148,000 $19,600 $128,400
2013 -- $144,600 $19,600 $125,000
Source: Public Records

Agents Affiliated with this Home

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Source: Indiana Regional MLS

MLS Number: 201947835

Indiana Regional MLS

APN: 60-07-07-400-170.000-021