NOT LISTED FOR SALE

9061 W Ratliff Rd Spencer, IN 47460

Estimated Value: $586,000 - $1,107,444

4 Beds
4 Baths
3,248 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $737,500 $227 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,207/month

43 Days on Market

Highlights

  • 78.4 Acre Lot
  • Partially Wooded Lot
  • 4 Car Detached Garage
  • Dining Room with Fireplace
  • Wood Flooring
  • Pasture

About This Home

As of July 2019

This 5 bedroom, 4 bath farmhouse is prized for it's historic preservation as well as it's livability. The main level features a sun room, a large kitchen with custom cherry cabinets and stainless appliances, a large dining room off the kitchen, a sizable living room and adjoining sitting room, and a room at the back of the house being used as an office but could be a bedroom as well. A full bath just outside the door is just waiting for a soaking tub. All floors on both main and upper level are hardwoods. At the first landing is a master that spans one end of the house. It has an en suite bath. Go up another four steps to two additional bedrooms with en suite baths. The barn is recently built and is large enough to host parties. The surrounding acreage provides solitude.

Last Agent to Sell the Property

Becky Wann

Becky Wann Real Estate Services Listed on: 06/06/2019

Last Buyer's Agent

Becky Wann

Becky Wann Real Estate Services Listed on: 06/06/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,186

Year Built

  • Built in 1899

Lot Details

  • 78.4 Acre Lot
  • Irregular Lot
  • Partially Wooded Lot
  • Historic Home

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Wood Flooring
  • Built-In or Custom Kitchen Cabinets
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Stone or Rock in Basement

Schools

  • Edgewood Elementary And Middle School
  • Edgewood High School

Farming

  • Pasture

Utilities

  • Central Air
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 53-04-18-400-005.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,186

Year Built

Built in 1899

Lot Details

0

Parking

4

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1899
  • Age: 120
  • Style: Two Story
  • Architectural Style: Historic
  • Total Number of Rooms: 9
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 4
  • Total Full Bathrooms: 4
  • Legal Description: Scales Novak Tract 1 11.95 A and 007-25060-00 Scales Novak Tract 2C (31.52 A portion in Sec 20 & 007-25080-03 & see 007-25070-99 for portions in 18 & 19) and 007-25080-03 Scales Novak Tract 2A (24.11 portion in sec 007-25070-99 & 007-25060-00 for portions in Sec 18 & 19) and 007-25070-99 Scales Novak Tract 2B (10.82 A portion in Sec 19 see 007-25080-03 & 007-25060-00 for portions in Sec 18 & 20
  • Parcel Number ID: 53-04-18-400-005.000-011
  • Platted: Yes
  • Amenities: Main Floor Laundry, Custom Cabinetry
  • Cross Street: Starnes Road
  • Grid: Northwest Monroe County-A000
  • Sp Lp Percent: 98.33
  • Year Taxes Payable: 2018/2019
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 5043
  • Total Finished Sq Ft: 3248
  • Above Grade Finished Sq Ft: 3248
  • Below Grade Sq Ft: 1795
  • Price Per Sq Ft: 227.06
  • Basement: Yes
  • Basement Foundation: Full Basement
  • Basement Material: Stone
  • Number Of Fireplaces: 3
  • Fireplace: Dining Rm, Family Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors
  • Living Great Room: Dimensions: 19x16, On Level: Main
  • Kitchen: Dimensions: 15x16, On Level: Main
  • Dining Room: Dimensions: 15x18, On Level: Main
  • Family Room: Dimensions: 16x15, On Level: Main
  • Extra Room: Sun Porch, Dimensions: 13x16, On Level: Main
  • Bedroom 1: Dimensions: 20x12, On Level: Main
  • Bedroom 2: Dimensions: 17x24, On Level: Upper
  • Bedroom 3: Dimensions: 16x16, On Level: Upper
  • Bedroom 4: Dimensions: 16x16, On Level: Upper
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 1795

Exterior Features

  • Exterior: Wood
  • Outbuilding1: None

Garage/Parking

  • Garage Type: Detached
  • Garage Number Of Cars: 4
  • Garage Size: Dimensions: 30x70
  • Garage Sq Ft: 2100
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane
  • Sewer: Septic
  • Water Utilities: Well
  • Well Type: Private

Schools

  • School District: Richland-Bean Blossom Community Schools
  • Elementary School: Edgewood
  • Middle School: Edgewood
  • High School: Edgewood
  • Elementary School: Edgewood

Lot Info

  • Lot Description: Irregular, Partially Wooded, 15+, Pasture
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 3415104
  • Estimated Lot Size Acres: 78.4

Tax Info

  • Annual Taxes: 3186.16
  • Exemptions: Homestead, Supplemental

MLS Schools

  • High School: Edgewood
  • Middle School: Edgewood
  • School District: Richland-Bean Blossom Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Jul 22, 2019
Sold by
Scales Karen Shepherd
Bought by
Reynolds Scott R and Reynolds Evelyn R
Seller's Agent
Becky Wann
Becky Wann Real Estate Services
Buyer's Agent
Becky Wann
Becky Wann Real Estate Services
List Price
$750,000
Sold Price
$737,500
Premium/Discount to List
-$12,500
-1.67%
Current Estimated Value
$913,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,981
Avg. Annual Appreciation
6.43%
Original Mortgage
$484,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2016
Sold by
Cox Terry L
Bought by
Scales Karen Shepherd

Purchase Details

Closed on
Dec 23, 2015
Sold by
Novak Steven R and Novak Brenda L
Bought by
Scales Karen Shepherd
Source: Public Records

Range of Values:

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List 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
Reynolds Scott R $737,500 John
Scales Karen Shepherd -- None Available
Scales Karen Shepherd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Scott R $460,000
Closed Reynolds Scott R $484,000
Previous Owner Scales Karen Shepherd $82,300
Previous Owner Scales Kenneth M $20,000
Previous Owner Scales Kenneth M $151,075
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $737,500 -1.7% $227 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $750,000 -- $231 / 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 $3,211 $341,300 $57,400 $283,900
2023 $3,146 $329,900 $53,800 $276,100
2022 $2,993 $296,800 $50,900 $245,900
2021 $2,775 $263,700 $44,400 $219,300
2020 $2,605 $249,300 $39,300 $210,000
2019 $2,113 $221,900 $31,300 $190,600
2018 $2,170 $222,300 $31,700 $190,600
2017 $2,352 $216,500 $28,400 $188,100
2016 $1,699 $190,400 $27,600 $162,800
2014 $1,543 $188,200 $28,400 $159,800
Source: Public Records

Agents Affiliated with this Home

  • Becky Wann

    Seller's Agent in 2019

    Becky Wann

    Becky Wann Real Estate Services

    (812) 320-5204

    65 Total Sales

    Becky Wann
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Map

Source: Indiana Regional MLS

MLS Number: 201925790

Indiana Regional MLS

APN: 53-04-18-400-005.000-011

Indiana Monroe County Spencer 47404

9061 W Ratliff Rd, Spencer, IN

This home is located at 9061 W Ratliff Rd, Spencer, IN 47460 since 06 June 2019 and is currently estimated at $913,481, approximately $281 per square foot. This property was built in 1899. 9061 W Ratliff Rd is a home located in Monroe County with nearby schools including Edgewood High School and Seven Oaks Classical 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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