NOT LISTED FOR SALE

9278 W Ratliff Rd Spencer, IN 47460

Estimated Value: $451,000 - $803,692

3 Beds
2.5 Baths
3,896 Sq Ft
$172/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $370,000 $95 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,941/month

34 Days on Market

Highlights

  • RV Parking in Community
  • Open Floorplan
  • Partially Wooded Lot
  • 40.54 Acre Lot
  • Vaulted Ceiling
  • Traditional Architecture

About This Home

As of October 2017

Welcome to Raccoon Creek Farm! This 40 acre retreat evokes every sense in a naturalist on the interior as well as the exterior and lives up to its name. This custom built is perched above a beautiful country vista which is enjoyed by southern facing walls of windows and surrounded by woods in the back. Almost 4,000 sq ft of living space has many offerings with large living room and dining area that share a double sided floor to ceiling stone fireplace and soaring ceilings, kitchen with great workspace, walk-in pantry, custom cabinetry, island and breakfast bar. Master bedroom that will spoil you with its walk-in dressing room, bath with jetted soaking tub and cozy bedroom. Large 10x16 laundry room on main level. Lower level has a nice bedroom with great views and walk-in closet, full bath, den area, studio that could be 3rd bedroom and family room with recreational area and wet bar, mechanical room with storage. There is a a huge screened in porch accessed off of kitchen and living room that extends entertaining space to the max, upper deck and lower patio take in the breathtaking view. The woods have been lovingly maintained like a private park with walking paths and mature trees.72x32 pole building with 200 amps, concrete floor and drive thru overhead doors.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 2007

Lot Details

  • 40.54 Acre Lot
  • Backs to Open Ground
  • Rural Setting
  • Partially Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Workshop
  • Screened Porch
  • Laundry on main level

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Double Vanity
  • Whirlpool Bathtub
  • Bathtub With Separate Shower Stall

Finished Basement

  • Walk-Out Basement
  • 1 Bathroom in Basement
  • 2 Bedrooms in Basement

Utilities

  • Central Air
  • Multiple Heating Units
  • Heat Pump System
  • Heating System Uses Wood
  • Septic System

Community Details

  • RV Parking in Community

Listing and Financial Details

  • Assessor Parcel Number 53-04-18-100-002.000-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,462

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 2007
  • Age: 10
  • Style: Two Story
  • Architectural Style: Traditional
  • Total Number of Rooms: 10
  • Total Number of Rooms Below Grade: 5
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 1
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: 007-19450-00 PT W1/2 NE S18 T9 R2 W 40.54 ACRES
  • Parcel Number ID: 53-04-18-100-002.000-011
  • Platted: Yes
  • Amenities: 1st Bdrm En Suite, Breakfast Bar, Ceilings-Vaulted, Closet(s) Walk-in, Deck Open, Foyer Entry, Jet Tub, Kitchen Island, Open Floor Plan, Pantry-Walk In, Patio Covered, Porch Screened, Twin Sink Vanity, RV Parking, Tub and Separate Shower, Workshop, Great Room, Main Floor Laundry, Custom Cabinetry
  • Location: Rural
  • Number Below Grade Bedrooms: 2
  • Sp Lp Percent: 100
  • Special Features: None

Interior Features

  • Total Sq Ft: 3896
  • Total Finished Sq Ft: 3896
  • Above Grade Finished Sq Ft: 3896
  • Basement: Yes
  • Basement Foundation: Walk-Out Basement, Finished
  • Basement Material: Poured Concrete
  • Number Of Fireplaces: 1
  • Fireplace: Dining Rm, Living/Great Rm, One
  • Flooring: Laminate, Tile
  • Living Great Room: Dimensions: 12x16, On Level: Main
  • Kitchen: Dimensions: 12x14, On Level: Main
  • Dining Room: Dimensions: 12x14, On Level: Main
  • Family Room: Dimensions: 15x20, On Level: Main
  • Recreation Room: Dimensions: 17x38, On Level: Lower
  • Bedroom 1: Dimensions: 12x19, On Level: Main
  • Bedroom 2: Dimensions: 12x17, On Level: Lower
  • Bedroom 3: Dimensions: 12x16, On Level: Lower
  • Main Level Sq Ft: 1948
  • Number Below Grade Bathrooms: 1
  • Number of Below Grade Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Asphalt
  • Outbuilding1: Pole/Post Building, Dimensions: 32x72, 2304

Garage/Parking

  • Driveway: Gravel

Utilities

  • Cooling: Central Air
  • Heating Fuel: Electric, Wood, Heat Pump, Multiple Heating Systems
  • Sewer: Septic
  • Water Utilities: Public
  • Electric Company: REMC
  • Water Company: BBP
  • Cable Company: Smithville Communications
  • Laundry: Dimensions: 10xMain, On Level: 16

Schools

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

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: irregular
  • Estimated Lot Sq Ft: 1765922
  • Estimated Lot Size Acres: 40.54

Tax Info

  • Annual Taxes: 3461.66
  • Exemptions: Homestead, Mortgage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2017
Closed on
Oct 6, 2017
Sold by
Deiner Craig D
Bought by
Shassberger Heather and Shassberger John
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$657,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,120
Avg. Annual Appreciation
7.53%
Original Mortgage
$370,000
Interest Rate
3.82%
Mortgage Type
VA

Purchase Details

Closed on
May 2, 2013
Sold by
Deiner Elaina Marie and Deiner Craig
Bought by
Deiner Criag D and Deiner Elaina M

Purchase Details

Closed on
Jul 30, 2007
Sold by
Deiner Elaina Marie and Bolick Elaina Marie
Bought by
Deiner Elaina Marie and Deiner Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.71%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Shassberger Heather $370,000 --
Shassberger John $370,000 John Bethell Title Company Inc
Deiner Criag D -- Royal Title Services
Deiner Elaina Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shassberger John $392,332
Closed Shassberger John $391,933
Closed Shassberger John $392,500
Closed Shassberger John $370,000
Previous Owner Deiner Elaina Marie $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2017 10/06/17 Sold $370,000 0.0% $95 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
08/03/2017 08/03/17 For Sale $370,000 -- $95 / 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 $4,112 $479,300 $82,200 $397,100
2023 $4,079 $464,500 $74,600 $389,900
2022 $4,066 $449,500 $67,300 $382,200
2021 $3,631 $388,500 $58,500 $330,000
2020 $3,576 $383,000 $53,400 $329,600
2019 $3,160 $365,100 $50,400 $314,700
2018 $2,941 $340,100 $55,000 $285,100
2017 $3,423 $343,200 $60,000 $283,200
2016 $3,614 $344,600 $62,200 $282,400
2014 $3,427 $349,500 $65,100 $284,400
Source: Public Records

Map

Source: Indiana Regional MLS

MLS Number: 201735827

Indiana Regional MLS

APN: 53-04-18-100-002.000-011