NOT LISTED FOR SALE

985 W Acres Dr Spencer, IN 47460

Estimated Value: $254,000 - $336,000

3 Beds
2 Baths
1,825 Sq Ft
$158/Sq Ft Est. Value

Last Sold February 08, 2023

Last sale price $235,000 $129 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,675/month

82 Days on Market

Highlights

  • Mature Trees
  • Ranch Style House
  • No HOA
  • Vaulted Ceiling
  • Corner Lot
  • Covered Patio or Porch

About This Home

As of February 2023

This New Construction 3 bedroom, 2 bath home is on a 1-acre lot and is located just minutes west of Spencer. The home features large, open spaces with vaulted ceilings and is designed with entertaining in mind. The Kitchen will offer stainless appliances, white cabinets, and laminate counter tops. The spacious 14x17 master bedroom has a private bathroom and sizeable walk-in closet. Living room and Kitchen will have laminate floors and the bedrooms will have carpeting. Outside a large covered concrete porch will be perfect for enjoying a morning cup of coffee. Decorative stone will also be added to enhance the front of the home. Pictures display the unfinished home, but it will be completed shortly. Finishes haven't not all been chosen yet.

Last Agent to Sell the Property

Rob Ranard

HOME TEAM Properties License #RB14029100 Listed on: 10/05/2022

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $474

Year Built

  • Built in 2022

Lot Details

  • 1.03 Acre Lot
  • Rural Setting
  • Corner Lot
  • Irregular Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,825 Sq Ft Home
  • Vaulted Ceiling
  • Vinyl Clad Windows
  • Combination Kitchen and Dining Room
  • Sump Pump
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed
  • Storage Shed

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • West Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 601114200110130027

Home Details

Home Type

Single Family

Est. Annual Taxes

$474

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Builder Name: Rick Zufall
  • Property Type: Residential
  • New Construction: Yes
  • Tax Year: 2021
  • Year Built: 2022
  • Building Area Total: 1825
  • Garage Y N: No
  • Lot Size Acres: 1.03
  • Subdivision Name: West Acres
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • MBR_AttributionContact: rranard@homefinder.org
  • Special Features: NewHome

Interior Features

  • Basement: No
  • Basement Type: Sump Pump
  • Appliances: Dishwasher, Disposal, Microwave, Electric Oven, Refrigerator, Electric Water Heater
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted Ceiling(s), Walk-in Closet(s), Windows Vinyl, Eat-in Kitchen
  • Living Area: 1825
  • Main Level Bedrooms: 3
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1825
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • ResoLivingAreaSource: Builder
  • Rooms Basement: 0

Exterior Features

  • Construction Materials: Vinyl With Stone
  • Disclosures: Not Applicable
  • Exterior Features: Storage Shed
  • Foundation Details: Block
  • List Price: 235000
  • Patio And Porch Features: Covered Porch
  • Construction Stage: Under Roof

Garage/Parking

  • Parking Features: Gravel, None

Utilities

  • Cooling: Central Electric
  • Heating: Forced Air, Gas
  • Laundry Features: Main Level
  • Water Source: Municipal/City
  • Solid Waste: No

Condo/Co-op/Association

  • Association YN: No

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Lot Features: Corner Lot, Irregular Lot, Rural - Subdivision, Mature Trees
  • Property Attached Yn: No
  • Additional Parcels: No
  • Lot Size Sq Ft: 44867
  • Parcel Number: 601114200110130027
  • Acres: 1-3 Acres
  • Price Acre: 228155.339805825

Green Features

  • Green Certification Y N: No

Tax Info

  • Tax Annual Amount: 474
  • Tax Lot: -
  • Semi Annual Property Tax Amt: 237
  • Tax Exemption: None

MLS Schools

  • Elementary School: Spencer Elementary School
  • High School: Owen Valley Community High School
  • Schools: OWEN VALLEY COMMUNITY HIGH,OWEN VALLEY MIDDLE,SPENCER ELEMENTARY

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Feb 8, 2023
Sold by
Zufall Richard L
Bought by
Terrell Aaron and Terrell Caroline
Seller's Agent
Rob Ranard
HOME TEAM Properties
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$235,000
Sold Price
$235,000
Views
152
Current Estimated Value
$288,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,120
Avg. Annual Appreciation
6.53%
Original Mortgage
$215,000
Outstanding Balance
$208,363
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$69,715

Purchase Details

Closed on
Jan 22, 2022
Sold by
Deckard Wayne A
Bought by
Zufall Richard L

Purchase Details

Listed on
Oct 29, 2016
Closed on
Mar 15, 2017
Sold by
Curvin Cynthia J
Bought by
Deckard Wayne A
Seller's Agent
Deborah Foutch
Owen County Home Company
Buyer's Agent
Deborah Foutch
Owen County Home Company
List Price
$13,500
Sold Price
$12,000
Premium/Discount to List
-$1,500
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.36%

Purchase Details

Closed on
Nov 23, 2015
Sold by
Dwyer Donald C and Dwyer Rose M
Bought by
Epeards Cynthia J

Purchase Details

Closed on
Apr 21, 2015
Sold by
Dwyer Steven and Dwyer Cassandra
Bought by
Dwyer Donald C and Dwyer Rosen

Purchase Details

Closed on
Apr 26, 2006
Sold by
Fannie Mae
Bought by
Dwyer Donald C and Dwyer Rose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.42%
Mortgage Type
New Conventional
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
Terrell Aaron -- None Listed On Document
Zufall Richard L -- None Listed On Document
Zufall Richard L -- None Listed On Document
Deckard Wayne A $12,000 --
Epeards Cynthia J -- None Available
Dwyer Donald C -- None Available
Dwyer Donald C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Terrell Aaron $215,000
Previous Owner Dwyer Donald C $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2023 02/08/23 Sold $235,000 0.0% $129 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $235,000 +1858.3% $129 / Sq Ft
03/15/2017 03/15/17 Sold $12,000 -11.1% $10 / Sq Ft View Prior Sale
03/01/2017 03/01/17 Pending -- -- --
10/29/2016 10/29/16 For Sale $13,500 -- $11 / 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 $1,765 $245,200 $25,300 $219,900
2023 $1,682 $230,800 $25,300 $205,500
2022 $425 $26,000 $25,300 $700
2021 $474 $25,800 $25,300 $500
2020 $461 $25,800 $25,300 $500
2019 $390 $20,600 $20,100 $500
2018 $320 $16,700 $16,100 $600
2017 $316 $16,800 $16,100 $700
2016 $176 $46,100 $16,100 $30,000
2014 -- $60,100 $16,100 $44,000
2013 -- $56,800 $16,100 $40,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21887005

MIBOR Broker Listing Cooperative®

APN: 60-11-14-200-110.130-027