NOT LISTED FOR SALE

949 Freeman Rd Spencer, IN 47460

Estimated Value: $292,000 - $330,932

3 Beds
2 Baths
2,346 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 02, 2023

Last sale price $290,000 $124 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,806/month

80 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • 2 Car Detached Garage
  • Traditional Architecture
  • Enclosed Patio or Porch
  • Bathtub with Shower

About This Home

As of June 2023

You will love this distinctive, one-of-a kind 3 bedroom, 2 bath home conveniently located less than 2 minutes from Spencer. This home has many fantastic features, starting with the enclosed all season room at the back of the house with a gas heater, plenty of room for relaxing, games, etc. The kitchen has plenty of cabinets, custom countertops and backsplash. The dining room has a great deal of space for entertaining, this opens into the comfortable living room. This home has many, small details that add lots of character; you will find original hardwood, laminate and tile floors throughout home. Detached 2 car garage is connected to the home with a breezeway for added comfort in additional to a large storage barn. Back yard has a pergola for enjoying the beautiful, picturesque setting!

Last Agent to Sell the Property

Chris Smith

RE/MAX Acclaimed Properties Listed on: 01/25/2023

RE/MAX Acclaimed Properties

Last Buyer's Agent

Kelli Pinkerton

Legacy Land & Homes of Indiana

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,623

Year Built

  • Built in 1950

Lot Details

  • 1 Acre Lot
  • Rural Setting
  • Irregular Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Living Room with Fireplace
  • Gas Oven or Range
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Partially Finished Basement

  • Block Basement Construction
  • Stone or Rock in Basement

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-10-28-300-270.000-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,623

Year Built

Built in 1950

Lot Details

1 Acres

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1950
  • Style: One and Half Story
  • Architectural Style: Traditional
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Legal Description: Pt SE SW 28-10-3 (1 Acre)
  • Parcel Number ID: 60-10-28-300-270.000-027
  • Platted: Yes
  • Amenities: Dryer Hook Up Electric, Garage Door Opener, Patio Covered, Porch Enclosed, Range/Oven Hook Up Gas, Tub/Shower Combination, Main Level Bedroom Suite, Washer Hook-Up
  • Location: Rural
  • Special Features: None
  • Stories: 1

Interior Features

  • Total Sq Ft: 3318
  • Total Finished Sq Ft: 2346
  • Above Grade Finished Sq Ft: 2346
  • Below Grade Sq Ft: 972
  • Basement: Yes
  • Basement Foundation: Partial Basement, Unfinished
  • Basement Material: Block, Stone
  • Number Of Fireplaces: 1
  • Fireplace: Living/Great Rm
  • Fireplace: Yes
  • Flooring: Hardwood Floors, Laminate, Tile
  • Living Great Room: Dimensions: 20x12, On Level: Main
  • Kitchen: Dimensions: 10x9, On Level: Main
  • Dining Room: Dimensions: 12x11, On Level: Main
  • Family Room: Dimensions: 25x12, On Level: Main
  • Bedroom 1: Dimensions: 29x15, On Level: Upper
  • Bedroom 2: Dimensions: 12x12, On Level: Main
  • Bedroom 3: Dimensions: 13x10, On Level: Main
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 972

Exterior Features

  • Exterior: Brick, Vinyl
  • Roof Material: Shingle
  • Outbuilding1: Shed, Dimensions: 12x36, 432

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x24
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Gas, Forced Air
  • Sewer: Septic
  • Water Utilities: City
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 43560
  • Estimated Lot Size Acres: 1

Tax Info

  • Annual Taxes: 1623.12
  • Exemptions: Homestead, Mortgage, Supplemental

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
Jan 25, 2023
Closed on
Jun 2, 2023
Sold by
Lutz Matthew K
Bought by
Bales Robert L and Bales Jolynn
Seller's Agent
Chris Smith
RE/MAX Acclaimed Properties
Buyer's Agent
Kelli Pinkerton
Legacy Land & Homes of Indiana
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%
Views
351
Current Estimated Value
$315,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,983
Avg. Annual Appreciation
3.22%
Original Mortgage
$232,000
Outstanding Balance
$225,050
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$90,933

Purchase Details

Listed on
Nov 21, 2018
Closed on
Mar 25, 2019
Sold by
Meyers Daren K
Bought by
Lutz Matthew K
Seller's Agent
Trent Keith
Keith Realty & Auction Group
Buyer's Agent
Andrea Lutz
List Price
$164,900
Sold Price
$157,900
Premium/Discount to List
-$7,000
-4.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.61%
Original Mortgage
$97,900
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2010
Sold by
Ponton Debra Ann and Pardue Debra A
Bought by
Meyers Daren K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,036
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bales Robert L -- None Listed On Document
Lutz Matthew K $157,900 John Bethell Title Company
Meyers Daren K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bales Robert L $232,000
Previous Owner Lutz Matthew K $97,900
Previous Owner Meyers Daren K $101,036
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2023 06/02/23 Sold $290,000 -3.3% $124 / Sq Ft
01/25/2023 01/25/23 For Sale $299,900 +89.9% $128 / Sq Ft
03/25/2019 03/25/19 Sold $157,900 -3.1% $48 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
01/02/2019 01/02/19 Price Changed $162,900 -1.2% $49 / Sq Ft
11/21/2018 11/21/18 For Sale $164,900 -- $50 / Sq Ft
Source: Indiana Regional MLS

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 $2,141 $276,600 $31,200 $245,400
2023 $2,034 $257,600 $31,200 $226,400
2022 $2,044 $231,000 $31,200 $199,800
2021 $1,623 $182,300 $31,200 $151,100
2020 $1,465 $172,300 $31,200 $141,100
2019 $1,306 $155,700 $20,000 $135,700
2018 $1,173 $143,800 $16,000 $127,800
2017 $1,037 $134,400 $16,000 $118,400
2016 $1,014 $134,400 $16,000 $118,400
2014 $705 $107,100 $16,000 $91,100
2013 -- $100,300 $16,000 $84,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202302180

Indiana Regional MLS

APN: 60-10-28-300-270.000-027

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