NOT LISTED FOR SALE

784 W Phillips Rd Spencer, IN 47460

Estimated Value: $325,000 - $549,000

5 Beds
2 Baths
3,761 Sq Ft
$120/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $330,000 $88 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $2,595/month

66 Days on Market

Highlights

  • 59.75 Acre Lot
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Partially Wooded Lot
  • Pasture
  • Lot Has A Rolling Slope

About This Home

As of January 2016

Hidden paradise that has a quiet, serene, park-like setting and is less than 5 minutes from Spencer. This approx. 59.75 acres has many open rolling pastures but also has large wooded areas and a small stocked pond making it a hunter's paradise and a nature lover's dream. There is a beautiful 2 story brick and vinyl home with a full basement that is partially finished located 1/3 mile off of paved road. It is heated with natural gas furnace and has a wood furnace backup. The home has 5 bedrooms and 2 full baths, huge attic storage area and a large screened-in porch. Kitchen has custom Amish-made cherry cabinets and family room has a fireplace with gas logs. Bathroom vanities are also custom Amish-made. A 26 x 40 workshop pole barn is insulated and wired and has a natural gas heater and plenty of lighting, also has a concrete floor and 2 overhead doors with openers. A 36 x 63 pole barn with power and lights, overhead door with opener and a slider door. Home is protected with a security system and a full house generator. This is a must see!!

Last Agent to Sell the Property

Tilden Keith

Keith Realty & Auction Group Listed on: 10/08/2015

Last Buyer's Agent

Tilden Keith

Keith Realty & Auction Group Listed on: 10/08/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1978

Lot Details

  • 59.75 Acre Lot
  • Rural Setting
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Block Basement Construction
  • 1 Bedroom in Basement

Farming

  • Pasture

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-11-13-400-250.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,140

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1978
  • Style: Two Story
  • Bedrooms: 5
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: IN S SIDE N 1/2 SE S13 T10 R4; 1.21A IN S 1/2 SE S13 T10 R4; 22A NW SE & NE SE S13 T10 R4; 6.39A
  • Parcel Number ID: 60-11-13-400-250.000-027
  • Platted: Yes
  • Legal Description2: IN S SIDE N 1/2 SE S13 T10 R4; 29.95A
  • Location: Rural
  • Number Below Grade Bedrooms: 1
  • Parcel Id2: 601113400310000027
  • Special Features: None

Interior Features

  • Total Sq Ft: 4908
  • Total Finished Sq Ft: 3761
  • Above Grade Finished Sq Ft: 3292
  • Below Grade Finished Sq Ft: 469
  • Below Grade Sq Ft: 1147
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished, Outside Entrance
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Family Rm, Gas Log
  • Flooring: Carpet, Parquet, Vinyl
  • Living Great Room: Dimensions: 13x13, On Level: Main
  • Kitchen: Dimensions: 11x19, On Level: Main
  • Dining Room: Dimensions: 11x12, On Level: Main
  • Family Room: Dimensions: 15x22, On Level: Main
  • Extra Room: Finished basement room, Dimensions: 14x14, On Level: Basement
  • Bedroom 1: Dimensions: 13x15, On Level: Main
  • Bedroom 2: Dimensions: 13x15, On Level: Upper
  • Bedroom 3: Dimensions: 13x17, On Level: Upper
  • Bedroom 4: Dimensions: 12x19, On Level: Upper
  • Bedroom 5: Dimensions: 13x21, On Level: Basement
  • Other Room1: Attic Storage, Dimensions: 30x22, On Level: Upper
  • Other Room 2: Enclosed screened porch, Dimensions: 13x21, On Level: Main
  • Other Room 3: Foyer, Dimensions: 8x13, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1616

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Pole/Post Building, Dimensions: 36x63
  • Outbuilding2: Pole/Post Building, Dimensions: 26x40, 1040

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 19x21

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Wood, Forced Air
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Laundry: Dimensions: 6xMain, On Level: 11
  • Well Type: Private

Lot Info

  • Lot Description: Irregular, Partially Wooded, Rolling, Pasture, Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 2602710
  • Estimated Lot Size Acres: 59.75

Tax Info

  • Annual Taxes: 3140.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2015
Closed on
Jan 29, 2016
Sold by
Smith Bernard R and Smith Carole M
Bought by
Wells Gavin and Wells Jenna
Seller's Agent
Tilden Keith
Keith Realty & Auction Group
Buyer's Agent
Tilden Keith
Keith Realty & Auction Group
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%
Current Estimated Value
$450,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,302
Avg. Annual Appreciation
3.24%
Original Mortgage
$210,000
Outstanding Balance
$167,679
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$282,623
Source: Public Records

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
Wells Gavin -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Gavin $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $330,000 -12.0% $88 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $375,000 -- $100 / 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 $2,857 $366,500 $26,800 $339,700
2023 $3,025 $361,900 $26,500 $335,400
2022 $3,117 $322,200 $26,200 $296,000
2021 $3,126 $290,200 $26,000 $264,200
2020 $2,673 $260,700 $26,000 $234,700
2019 $2,558 $241,000 $21,000 $220,000
2018 $4,402 $229,700 $17,000 $212,700
2017 $4,044 $214,900 $17,200 $197,700
2016 $2,158 $215,900 $17,200 $198,700
2014 $2,178 $211,600 $17,300 $194,300
2013 -- $201,800 $17,100 $184,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201547922

Indiana Regional MLS

APN: 60-11-13-400-200.005-027