$74,900
SOLD JUL 1, 2016

807 W Porter Ridge Rd Spencer, IN 47460

40 Acres
$1,872 Price per Acre
1,742,400 Sq Ft Lot

Recently Sold

63 Days on Market

Highlights

  • Barn
  • 40 Acre Lot
  • Agricultural

About This Lot

As of April 2019

40 +/- Acres with barn, some pasture, mostly wooded, hunting, white tail, turkey and more. Electric and water available. Water company - Eastern Heights Utilities

Last Agent to Sell the Property

Jimmie Coffey

United Country Coffey Realty & Auction Listed on: 03/16/2016

Last Buyer's Agent

Jimmie Coffey

United Country Coffey Realty & Auction Listed on: 03/16/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $309

Lot Details

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

Schools

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

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

$309

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: NW SE S30 T9 R3; 40A |
  • Parcel Number ID: 60-17-30-400-180.000-016
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Paved
  • Sp Lp Percent: 100
  • Parcel Description: Heavily Wooded, 15+
  • Type of Sale: Traditional
  • Side Of Road: North
  • Structure Bldg Imprvmnts: Yes
  • Type Use: Recreational, Residential
  • Year Taxes Payable: 2015
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Available
  • Electricity Type: Available

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

  • Lot Dimensions: 40 +/- Acres
  • Estimated Lot Sq Ft: 1742400
  • Estimated Lot Size Acres: 40
  • Easements: Yes
  • Land Features: Barn

Tax Info

  • Annual Taxes: 308.92

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
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
$343,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,104
Avg. Annual Appreciation
18.77%
Original Mortgage
$84,000
Outstanding Balance
$64,565
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,439

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 Type Sale Price Title Company
Warranty Deed $112,900 John Bethell Title Company
Deed $74,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 Purchase Money Mortgage
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

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Map

Source: Indiana Regional MLS

MLS Number: 201610628

Indiana Regional MLS

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