NOT LISTED FOR SALE

8000 Locust Lake Rd Spencer, IN 47460

Estimated Value: $351,000 - $528,000

3 Beds
3 Baths
3,196 Sq Ft
$134/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $344,900 $108 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,427/month

9 Days on Market

Highlights

  • 28.69 Acre Lot
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 2 Car Garage

About This Home

As of May 2020

The perfect mini-farm. 3bedroom 3 full bath home sits on 28+ acres of secluded paradise. 32x32 barn w/ 2 horse stalls, hay storage, water spigot & electricity w/ separate fenced pasture areas. Fenced chicken coop just waiting to go back into egg production. Large wooded area w/ lots of trails for riding, walking & hunting. Covered front porch & a large back deck are perfecting for hosting parties or enjoying the peace & quiet while watching the wildlife. Master suit has a private deck w/ hot-tub & a master bath that has been completely remodeled in 2019. Large eat in kitchen with newer cabinets & granite countertops, stainless steel appliances to remain. Fully finished basement with large family room. Lots to see and do on this property!

Last Agent to Sell the Property

Steve Custis

RE/MAX Cornerstone License #RB14034856 Listed on: 04/03/2020

RE/MAX Cornerstone

Last Buyer's Agent

James Embry

Keller Williams Indpls Metro N

Keller Williams Indpls Metro N

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,986

Year Built

  • Built in 1993

Lot Details

  • 28.69 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 3,196 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Well
  • Septic Tank

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Assessor Parcel Number 600707100020000021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,986

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1993
  • Garage Y N: Yes
  • Lot Size Acres: 28.69
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: Not Applicable
  • Property Description: The perfect mini-farm. 3bedroom 3 full bath home sits on 28+ acres of secluded paradise. 32x32 barn w/ 2 horse stalls, hay storage, water spigot & electricity w/ separate fenced pasture areas. Fenced chicken coop just waiting to go back into egg production. Large wooded area w/ lots of trails for riding, walking & hunting. Covered front porch & a large back deck are perfecting for hosting parties or enjoying the peace & quiet while watching the wildlife. Master suit has a private deck w/ hot-tub & a master bath that has been completely remodeled in 2019. Large eat in kitchen with newer cabinets & granite countertops, stainless steel appliances to remain. Fully finished basement with large family room. Lots to see and do on this property!
  • Transaction Type: Sale
  • Website: www.SoldwithCornerstone.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher,MicroHood,Gas Oven,Refrigerator
  • Levels: One
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted,Walk-in Closet(s),Hardwood Floors
  • Living Area: 3196
  • Other Equipment: Smoke Detector,Water-Softener Owned
  • Room Count: 6
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1598
  • Main Level Sq Ft: 1598
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3196
  • Kitchen Features: Breakfast Bar,Center Island,Kitchen Updated,Pantry
  • Below Grade Sq Ft: 1598
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Vinyl Siding
  • Disclosures: Not Applicable
  • Exterior Features: Barn Horse,Barn Pole,Fence Partial
  • Foundation Details: Block
  • List Price: 344900
  • Association Maintained Building Exterior: 0

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Propane Owned
  • Garage Parking Description: Attached,Built-In

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Well
  • Solid Waste: 0
  • Water Heater: Electric

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 600707100020000021
  • Acres: >20 Acres
  • Lot Information: Rural No Subdivision,Tree Mature,Trees Small,Wooded
  • Lot Number: 1 & 2
  • Lot Size: 1,171,764

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 2986
  • Semi Annual Property Tax Amt: 1493
  • Tax Exemption: HomesteadTaxExemption,MortageTaxExemption

MLS Schools

  • School District: Cloverdale Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2020
Closed on
May 14, 2020
Sold by
Kidder Robert and Kidder Raleigh
Bought by
Meadows Robin
Seller's Agent
Steve Custis
RE/MAX Cornerstone
Buyer's Agent
James Embry
Keller Williams Indpls Metro N
List Price
$349,900
Sold Price
$344,900
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$428,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,464
Avg. Annual Appreciation
2.62%
Original Mortgage
$327,655
Outstanding Balance
$237,518
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$158,766
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
Meadows Robin -- Chicago Title Co Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meadows Robin $327,655
Previous Owner Kidder Robert $134,420
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $344,900 0.0% $108 / Sq Ft
04/12/2020 04/12/20 Pending -- -- --
04/06/2020 04/06/20 Price Changed $344,900 -1.4% $108 / Sq Ft
04/02/2020 04/02/20 For Sale $349,900 -- $109 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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 $1,977 $251,200 $42,300 $208,900
2023 $2,018 $242,200 $38,500 $203,700
2022 $1,981 $226,700 $34,600 $192,100
2021 $1,460 $160,300 $32,600 $127,700
2020 $1,476 $156,500 $30,500 $126,000
2019 $1,493 $148,400 $30,200 $118,200
2018 $1,493 $145,500 $30,600 $114,900
2017 $1,505 $146,300 $32,800 $113,500
2016 $1,493 $147,800 $33,800 $114,000
2014 $1,359 $139,100 $34,700 $104,400
2013 -- $134,500 $32,000 $102,500
Source: Public Records

Agents Affiliated with this Home

  • Steve Custis

    Seller's Agent in 2020

    Steve Custis

    RE/MAX Cornerstone

    (765) 720-2755

    404 Total Sales

    Steve Custis
    Section Image

  • J

    Buyer's Agent in 2020

    James Embry

    Keller Williams Indpls Metro N

    Section Image

  • K

    Buyer Co-Listing Agent in 2020

    Kyle Bush

    Keller Williams Indpls Metro N

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21703251

MIBOR Broker Listing Cooperative®

APN: 60-07-07-100-020.000-021

Indiana Owen County Spencer 47456

8000 Locust Lake Rd, Spencer, IN

This home is located at 8000 Locust Lake Rd, Spencer, IN 47460 since 03 April 2020 and is currently estimated at $428,364, approximately $134 per square foot. This property was built in 1993. 8000 Locust Lake Rd is a home located in Owen County with nearby schools including Cloverdale Elementary School, Cloverdale Middle School, and Cloverdale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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