NOT LISTED FOR SALE

8370 Spearsville Rd Morgantown, IN 46160

Estimated Value: $665,000 - $763,123

2 Beds
2 Baths
3,264 Sq Ft
$219/Sq Ft Est. Value

Last Sold April 17, 2018

Last sale price $435,000 $133 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,802/month

45 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Thermal Windows
  • 20 Acre Lot
  • Pole Barn
  • Tray Ceiling

About This Home

As of April 2018

Brown County Secluded Lodge Type Custom built Home on 20ac that has it all. All features of this home have been upgraded, new kitch w/granite & high end stnless appliances, cabinets, 2newFB's, soaring cathedral ceilings, hrdwd floors, Edison lighting, large loft, native poplar ceilings & trim, gameroom in full finished w/out basement, pelletstove, flr to ceiling Brown Co. stone FP, casement windows, outdoor features; large wrap around decks, in ground 20x40 pool w/new pump, hot tub, gazebo, concrete fire pit area, playground, 30x40outbldg w/200amp service, landscaping, perennials, retaining walls, lighted sidewalks, pond, creek,& woods. Has tourist rental designation and operated as a Tourist Home in 2017. Property is in Classified Forest.

Last Agent to Sell the Property

Mark Bowman

Tramcore Realty License #RB14039468 Listed on: 02/08/2018

Co-Listed By

Robyn Rosenberg

Tramcore Realty License #RB14036389

Last Buyer's Agent

Phillip Shively

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 2000

Lot Details

  • 20 Acre Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Woodwork
  • Tray Ceiling
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • Garage
  • Gravel Driveway

Outdoor Features

  • In Ground Pool
  • Pole Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 070208400132000006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,398

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Bi-Level, Two Story
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2016
  • Year Built: 2000
  • Co List Office Phone: 317-431-6346
  • Garage Y N: Yes
  • Lot Size Acres: 20
  • Subdivision Name: NO SUBDIVISION
  • Inspection Warranties: General
  • Property Description: Brown County Secluded Lodge Type Custom built Home on 20ac that has it all. All features of this home have been upgraded, new kitch w/granite & high end stnless appliances, cabinets, 2newFB's, soaring cathedral ceilings, hrdwd floors, Edison lighting, large loft, native poplar ceilings & trim, gameroom in full finished w/out basement, pelletstove, flr to ceiling Brown Co. stone FP, casement windows, outdoor features; large wrap around decks, in ground 20x40 pool w/new pump, hot tub, gazebo, concrete fire pit area, playground, 30x40outbldg w/200amp service, landscaping, perennials, retaining walls, lighted sidewalks, pond, creek,& woods. Has tourist rental designation and operated as a Tourist Home in 2017. Property is in Classified Forest.
  • Transaction Type: Sale
  • F H A Certified: 1
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished, Full, Walk-Out Access, Finished Walls
  • Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Electric Oven, Oven, Convection Oven, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Masonry, Woodburning Fireplce, Other
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Tray Ceiling(s), Windows Thermal, Wood Work Stained
  • Living Area: 3264
  • Other Equipment: Smoke Detector, Sump Pump
  • Room Count: 8
  • Areas Interior: Laundry Room Main Level
  • Eating Area: Breakfast Bar,Dining-L,Eat In Kitchen,Other Eating Area
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Sq Ft Main Upper: 1812
  • Main Level Sq Ft: 1452
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Total Sq Ft: 3264
  • Below Grade Sq Ft: 1452
  • Upper Level Sq Ft: 360
  • Pct Optional Level Finished: 75+%
  • Optional Level Below Grade: Walk Out Basement

Exterior Features

  • Construction Materials: Wood With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Barn Pole, Driveway Gravel, In Ground Pool
  • Foundation Details: Concrete Perimeter
  • List Price: 450000
  • Association Maintained Building Exterior: 0
  • Porch: Covered Porch,Wrap Around Porch

Garage/Parking

  • Fuel: Propane
  • Garage Parking Description: 3 Car Detached
  • Garage Parking Other: Service Door,Storage Area,Workshop

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Utility Options: High Speed Internet Avail
  • Water Heater: Propane

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 070208400132000006
  • Acres: >20 Acres
  • Lot Information: Creek On Property,Lakefront,Not In Subdivision,Wooded
  • Lot Number: 0
  • Lot Size: 20 Acres

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4398
  • Semi Annual Property Tax Amt: 2199
  • Tax Exemption: None

MLS Schools

  • School District: Brown County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2015
Closed on
Mar 10, 2016
Sold by
Taylor Larry G and Taylor Sharon R
Bought by
Burdsall Timothy A and Burdsall Elizabeth A
Seller's Agent
Cindy Stockhaus
Better Homes and Gardens Real Estate Gold Key
Buyer's Agent
Mark Bowman
Tramcore Realty
List Price
$349,900
Sold Price
$319,000
Premium/Discount to List
-$30,900
-8.83%
Current Estimated Value
$714,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,062
Avg. Annual Appreciation
8.77%
Original Mortgage
$255,000
Outstanding Balance
$109,983
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$604,079
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
Burdsall Timothy A -- Royal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burdsall Timothy A $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2018 04/17/18 Sold $435,000 -3.3% $133 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $450,000 +41.1% $138 / Sq Ft
03/11/2016 03/11/16 Sold $319,000 0.0% $98 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
02/12/2016 02/12/16 Off Market $319,000 -- --
01/04/2016 01/04/16 For Sale $349,900 +9.7% $107 / Sq Ft
11/02/2015 11/02/15 Off Market $319,000 -- --
09/22/2015 09/22/15 For Sale $349,900 -- $107 / 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 $10 $1,100 $1,100 $0
2023 $8 $800 $800 $0
2022 $8 $800 $800 $0
2021 $9 $800 $800 $0
2020 $9 $800 $800 $0
2019 $9 $800 $800 $0
2018 $3,561 $280,400 $47,600 $232,800
2017 $2,415 $190,700 $24,600 $166,100
2016 $4,399 $359,400 $162,300 $197,100
2014 $3,823 $355,900 $162,300 $193,600
2013 $3,823 $351,800 $162,300 $189,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21544981

MIBOR Broker Listing Cooperative®

APN: 07-02-08-400-132.000-006