NOT LISTED FOR SALE

807 W Porter Ridge Rd Spencer, IN 47460

Estimated Value: $215,000 - $516,602

40 Acres
$9,005 Price per Acre
1,742,400 Sq Ft Lot

Last Sold April 19, 2019

Last sale price $112,900

Est. 219% increase in value since last sale

Current estimated payment $2,073/month

206 Days on Market

Highlights

  • Barn
  • 40 Acre Lot
  • Agricultural

About This Lot

As of April 2019

40 acres in southeast Owen County. Mostly wooded this tract has a nice cleared building site with city water at road, electric on property and a solid older metal barn. Pretty countryside views with plenty of wildlife to enjoy! Just minutes to west side of Bloomington and I.U.

Last Buyer's Agent

Michelle Stanger

Stanger Homes, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $296

Lot Details

  • 40 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Finished Lot(s)

Farming

  • Barn
  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 60-17-30-400-180.000-016

Property Details

Property Type

Land

Est. Annual Taxes

$296

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: NW SE S30 T9 R3 40 ACRES |
  • Parcel Number ID: 60-17-30-400-180.000-016
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 94.16
  • Parcel Description: Heavily Wooded
  • Type of Sale: Traditional
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Residential, Recreational
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: City, Available
  • Electric Company: REMC
  • Water Company: Eastern Heights Utilities
  • Electricity Type: Available

Schools

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

Lot Info

  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40
  • Numberwooded Acres: 35
  • Land Features: Barn

Tax Info

  • Annual Taxes: 295.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2018
Closed on
Apr 19, 2019
Sold by
Reece Erik B and Reece Veronica R
Bought by
Tusing William and Tusing Laura
Buyer's Agent
Michelle Stanger
Stanger Homes, LLC
List Price
$134,900
Sold Price
$112,900
Premium/Discount to List
-$22,000
-16.31%
Current Estimated Value
$360,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,301
Avg. Annual Appreciation
19.64%
Original Mortgage
$84,000
Outstanding Balance
$66,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,885

Purchase Details

Listed on
Mar 16, 2016
Closed on
Jul 1, 2016
Sold by
Wood Charles W
Bought by
Reece Erik B and Reece Veronica R
Seller's Agent
Jimmie Coffey
United Country Coffey Realty & Auction
Buyer's Agent
Jimmie Coffey
United Country Coffey Realty & Auction
List Price
$74,900
Sold Price
$74,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.78%
Source: Public Records

Range of Values:

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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
Tusing William $112,900 John Bethell Title Company
Reece Erik B $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tusing William $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $112,900 -5.8% --
04/18/2019 04/18/19 Pending -- -- --
03/05/2019 03/05/19 Price Changed $119,900 -7.7% --
01/21/2019 01/21/19 Price Changed $129,900 -3.7% --
09/24/2018 09/24/18 For Sale $134,900 +80.1% --
07/01/2016 07/01/16 Sold $74,900 0.0% --
05/18/2016 05/18/16 Pending -- -- --
03/16/2016 03/16/16 For Sale $74,900 -- --
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 $1,953 $272,300 $38,600 $233,700
2023 $1,852 $253,000 $36,400 $216,600
2022 $1,971 $239,900 $33,900 $206,000
2021 $160 $12,200 $7,800 $4,400
2020 $205 $11,900 $7,800 $4,100
2019 $230 $12,700 $8,600 $4,100
2018 $258 $14,200 $8,800 $5,400
2017 $296 $16,500 $10,200 $6,300
2016 $308 $17,100 $10,800 $6,300
2014 $309 $17,200 $11,200 $6,000
2013 -- $15,500 $9,700 $5,800
Source: Public Records

Agents Affiliated with this Home

  • Michelle Stanger

    Buyer's Agent in 2019

    Michelle Stanger

    Stanger Homes, LLC

    (812) 219-2307

    174 Total Sales

    Michelle Stanger
    Section Image
  • Jimmie Coffey

    Seller's Agent in 2016

    Jimmie Coffey

    United Country Coffey Realty & Auction

    (812) 345-4545

    10 Total Sales

    Jimmie Coffey
    Section Image
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Map

Source: Indiana Regional MLS

MLS Number: 201843426

Indiana Regional MLS

APN: 60-17-30-400-180.000-016

Indiana Owen County Spencer 47460

807 W Porter Ridge Rd, Spencer, IN

This home is located at 807 W Porter Ridge Rd, Spencer, IN 47460 since 24 September 2018 and is currently estimated at $360,201. 807 W Porter Ridge Rd is a home located in Owen County with nearby schools including Owen Valley Community 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.

Indiana Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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