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$299,000 $20,000on 8/26/2024

1360 Red Cedar Lane Spencer, IN  47460

  • 3 Beds
  • 2 Baths
  • 1,792 sq. Ft

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Property Description for 1360 Red Cedar Lane Spencer, IN 47460

Good as New Home, on 1.05 Acres. This home is new from the studs up. New dimensional shingle Roof with new gutters coming. New drywall, Electric, plumbing, HVAC, Water Heater, Updated open Kitchen with Island, Porcelain tile floors, new Appliances. Cabinets, and concrete countertops! Spacious Ensuite with a gorgeous very large tiled shower and double sinks. Upstairs has 2 bedrooms with an updated bathroom in between. Large pole barn insulated garage 24x30. Oversized driveway. Private backyard with stamped concrete and covered patio for great entertainment or just relaxing and enjoying your view. Pole Barn Garage with metal roof. Smithville fiber internet! This home is easy living at its finest! Currently no homestead on house, taxes will cut nearly in half next year.

Address:1360 Red Cedar Lane Spencer IN 47460
Status:Active
on site: 52 days
Price:$299,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,792
Year Built:1994
Lot Size:1.05
County: Owen
Township: Clay
MLS #:21990996
Property Type:Single Family Residence

Lot Dimensions:45738
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,792
Total Sq. Ft. :1,792

Loan Price
$1,876
Price And Interest $1,560/month
Property Tax $191/month
MTG INS $0/month
HOME INS $125/month
Price
$299,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$191/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/26/24 $319,000 $299,000 -6.27%

RoomSizeLevel
Living Room 16x14 Main
Kitchen 12x12 Main
Primary Bedroom 17x12 Main
Bedroom 2 13x12 Upper
Bedroom 3 13x12 Upper

Semi-Annual Property Tax:$1,147
Tax Year:2023
Mandatory HOA Fee:$

Area: 6013 - Owen - Clay
City:Spencer
Subdivision: No Subdivision
Zip Code:47460

Total Sq. Ft.:1,792
Interior Features:Eat-in Kitchen
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Oven, Gas Water Heater
Exterior Type:Vinyl Siding
Cool:Central Electric
Heat:Gas, Forced Air
Water Heater:Dishwasher, Microwave, Refrigerator, Washer, Dryer, Gas Oven, Gas Water Heater
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Janet Lane with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/15/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Spencer Market Report

135
Avg. DOM
$167.11
Avg. $ / Sq.Ft.
$ 333,450
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $35,951.26. 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 Spencer are going Down. The average house price is $365,000.00 and the average price per square feet is $168.64 per square feet. At the moment, the amount of homes listed is exactly 261 houses, with 47 with active status, 15 with pending status and 199 sold in Spencer .

The most popular place to buy a home in Spencer is 6010 - Owen - Washington. 6010 - Owen - Washington 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 Spencer .

The average amount of property taxes you would have to pay for a home in Spencer is $2,241.45. 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 Spencer are staying listed for an average of 73 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 Spencer was 1579 minutes ago.

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

The cost of the most expensive home in Spencer is $650,000.00. 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 Spencer is $69,900.00 . 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 Spencer in year 1880 and the newest built house is in year 2024.

The average size of properties in Spencer is 2209.7 sq.ft. , the biggest one being 5538 sq.ft. and the smaller being 540 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.