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(SOLD) $725,000

16525 State Road 1 Road Spencerville, IN  46788

  • 5 Beds
  • 4 Baths
  • 5,112 sq. Ft

Property Description for 16525 State Road 1 Road Spencerville, IN 46788

Custom Built by Cal Klopfenstein. Amazing Quality Throughout. Custom trim package with massive crown molding and Poplar panel doors. Extensive brick exterior on over 1/2 of the home. Grabill Custom Kitchen. Double Leaded Glass front doors. Two Master Bedrooms on first floor plus Den. Four season sun room off the Master Bedroom and Music Room. Almost 2000 sq. ft. of Finished Walk Out Basement with wet bar. Guest Bedroom with full bath in basement. Master Bedroom has His and Hers walk in closets Jacuzzi Tub and full size shower. 2 Bedrooms upstairs with Jack and Jill shared bath. Music Room or Keeping Room walks out to 4 seasons room and the 11x33 deck. Heated Garage. Central Vacuum. Security System. Sound System in most of the rooms. New HVAC. Newer roof shingles. Recently built outbuilding with loft and massive front porch for entertaining. Heated oversized attached 3 car garage. Whole house generator. All windows replaced with top of the line Marvin Fiberglass windows in black. Newer hard surfaces throughout. New flooring in Master and Living Room Newer roof shingles. Newer kitchen appliances stay except for Refrigerator. Park like yard with mature landscape trees. Large covered front porch. On private asphalt drive shard by only 2 homes. Amazing sunset and sunrise views. 64x42 Custom Morton Building with loft. Cement floor and driveway. Large overhead door with opener for you RV etc. Electricity to the out building is not yet installed. There are deed restrictions established over the 2 properties serviced by the drive to protect each parties interests. Horses dogs etc will be allowed just not in large quantities or commercially. Immaculate condition waiting for your personal touches. Amazingly quiet country setting within easy access to downtown Leo. There is a possibility of splitting off a 2 to 2.5 acre lot for future homesite off of SR 1.

Address:16525 State Road 1 Road Spencerville IN 46788
Status:Sold
Sold On: 6/6/2024
Price:$749,900
Bedrooms:5 Beds
Bathrooms:4 Full Baths
Sq. Feet:5,112
Year Built:1996
Lot Size:5.00
County: Allen County
Township: Cedar Creek
School System : East Allen County
MLS #:202417322
Property Type:Site-Built Home

Lot Dimensions:336X523
Lot Description:Rolling,Pasture
Directions:North of Leo on State Road 1 just past Schlatter Road West side of the road.
Total Sq. Ft. :5,112
Garage:Attached
Basement:Yes

Loan Price
$4,579
Price And Interest $3,782/month
Property Tax $495/month
MTG INS $0/month
HOME INS $302/month
Price
$725,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$495/month
Home Owner Insurance
$3,624 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Breakfast Room 13 x 9 Main
Master Bedroom 18 x 14 Main
2nd Bedroom 16 x 14 Main
3rd Bedroom 12 x 11 Upper
4th Bedroom 12 x 11 Upper
5th Bedroom 17 x 15 Lower
Kitchen 16 x 14 Main
Dining Room 15 x 14 Main
Living Room 28 x 14 Main
Den 11 x 11 Main

Semi-Annual Property Tax:$2,968
Tax Year:2024
Mandatory HOA Fee:$

Subdivision: None
Zip Code:46788

School System:East Allen County
High School:Leo
Middle School:Leo
Elementary School:Cedarville

Total Sq. Ft.:5,112
Appliances:Range-Electric, Water Heater Gas, Water Softener-Owned
Exterior Features:Brick, Vinyl, Wood
Fuel:Gas, Forced Air
Fireplace(s):Living/Great Rm, Gas Log
Cool:Central Air
Heat:Gas, Forced Air
Total Rooms:14
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®

Listing provided courtesy of David Gall with Coldwell Banker Real Estate Group

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This 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. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.





Spencerville Market Report

281
Avg. DOM
$167.07
Avg. $ / Sq.Ft.
$ 496,950
Med. List Price

The house prices in Spencerville are not dropping at the moment. There has been a increase in price of $468,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Spencerville are going Up. The average house price is $599,900.00 and the average price per square feet is $163.22 per square feet. At the moment, the amount of homes listed is exactly 30 houses, with 5 with active status, 2 with pending status and 23 sold in Spencerville .

The most popular place to buy a home in Spencerville is . is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Spencerville .

The average amount of property taxes you would have to pay for a home in Spencerville is $4,885.77. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Spencerville are staying listed for an average of 49 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Spencerville was 48913 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Spencerville is $765,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Spencerville is $240,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Spencerville in year 1974 and the newest built house is in year 2013.

The average size of properties in Spencerville is 3291.4 sq.ft. , the biggest one being 5190 sq.ft. and the smaller being 1728 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.