NOT LISTED FOR SALE

7965 State Highway 43 Spencer, IN 47460

Estimated Value: $297,000 - $405,115

4 Beds
2 Baths
1,818 Sq Ft
$184/Sq Ft Est. Value

Last Sold January 31, 2013

Last sale price $59,900 $33 Per Sq Ft

Est. 459% increase in value since last sale

Current estimated payment $2,032/month

232 Days on Market

Highlights

  • 1 Fireplace
  • Enclosed patio or porch
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of January 2013

4 bedrooms,2baths,Bi-level with above ground pool all on 5 acres located on HWY 43. This is a Fannie Mac Home Path Property. Purchase this property for as little as 3% down. This property is approved for Home Path Renovation Mortgage Financing.

Last Listed By

Arndt Secrest

Area Realty Key Associates Listed on: 04/03/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 5 Acre Lot
  • Zoning described as Agricultural-Agricultural

Home Design

  • Bi-Level Home
  • Stone Exterior Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Schools

  • Mccormicks Creek Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Additional Features

  • 1 Fireplace
  • Enclosed patio or porch

Listing and Financial Details

  • Assessor Parcel Number 60-17-35-100-050.000-016

Community Details

Overview

  • Owen Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1963
  • Age: 49
  • Style: Bi-Level
  • Total Number of Rooms: 8
  • Bedrooms: 4
  • Total Full Bathrooms: 2
  • Legal Description: PT NE S35 T9 R3 5 acres |
  • Parcel Number ID: 60-17-35-100-050.000-016
  • Platted: Yes
  • Amenities: Porch Enclosed
  • Zoning Description: Agricultural-Agricultural
  • Year Taxes Payable: 2011/2012
  • Special Features: RealEstateOwned

Interior Features

  • Basement Foundation: Walk-Out Basement
  • Basement Material: Block
  • Number Of Fireplaces: 1
  • Fireplace: Yes
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 15x12, On Level: Main
  • Dining Room: Dimensions: 10x10, On Level: Main
  • Family Room: Dimensions: 21x14, On Level: Lower
  • Bedroom 2: Dimensions: 12x11, On Level: Upper
  • Bedroom 3: Dimensions: 13x11, On Level: Upper
  • Bedroom 4: Dimensions: 11x10, On Level: Upper
  • Bedroom 5: Dimensions: 12x12, On Level: Lower

Exterior Features

  • Exterior: Stone, Vinyl

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic

Condo/Co-op/Association

  • Common Amenities: Swimming Pool

Schools

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

Lot Info

  • Estimated Lot Size Acres: 5

Tax Info

  • Annual Taxes: 2578.96

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
Apr 3, 2012
Closed on
Jan 30, 2013
Sold by
Fannie Mae
Bought by
Keller Melanie L and Keller Andy J
Seller's Agent
Arndt Secrest
Area Realty Key Associates
Buyer's Agent
Henry Nethery
RE/MAX Acclaimed Properties
List Price
$108,150
Sold Price
$59,900
Premium/Discount to List
-$48,250
-44.61%
Total Days on Market
232
Current Estimated Value
$335,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,129
Avg. Annual Appreciation
14.80%
Original Mortgage
$48,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Sold by
Ballinger Jerry L and Thayer Ballinger Pamela L
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing

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
Keller Melanie L -- None Available
Bac Home Loans Servicing Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keller Melenie L $179,000
Closed Keller Melanie L $90,000
Closed Keller Melanie L $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2013 01/31/13 Sold $59,900 -44.6% $33 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $108,150 -- $59 / 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 $2,099 $281,900 $50,000 $231,900
2023 $2,260 $272,900 $50,000 $222,900
2022 $2,587 $274,900 $50,000 $224,900
2021 $1,487 $163,800 $50,000 $113,800
2020 $1,382 $156,300 $50,000 $106,300
2019 $1,149 $135,000 $34,000 $101,000
2018 $1,119 $134,900 $24,000 $110,900
2017 $1,132 $136,400 $24,000 $112,400
2016 $1,092 $132,500 $24,000 $108,500
2014 $1,056 $129,700 $24,000 $105,700
2013 -- $131,600 $24,000 $107,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 403214

Indiana Regional MLS

APN: 60-17-35-100-050.000-016