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(SOLD) $12,500

1686 Rivew View Drive Spencer, IN  47460

  • 0.85 Acres

Property Description for 1686 Rivew View Drive Spencer, IN 47460

.086 AC WOODED ACREAGE OVERLOOKING WHITE RIVER IN SCENIC OWEN COUNTY * PRIVATE & SECLUDED MAKING IT A WONDERFUL RECREATION OPPPORTUNITY FOR WEEKEND GETAWAYS * 2 LOTS TO BE SOLD TOGETHER * CURRENTLY DENSLY WOODED * PROPERTY IS "AE" FLOOD ZONE * BUYER TO VERIFY ALL ASPECTS REGARDING USE & DEVELOPMENT * SPENCER IS A WONDERFUL SOUTHERN IN COMMUNITY WITH NEARBY MCCORMICKS CREEK AND 30 MIN DRIVE TO BLOOMINGTON/LAKE MONROE AND AN HOUR+ SOUTH OF INDY!

Address:1686 Rivew View Drive Spencer IN 47460
Status:Sold
Sold On: 8/30/2024
Price:$22,000
Bathrooms:0
Lot Size:0.85
County: Owen
Township: Washington
MLS #:21992939
Property Type:Residential Lots

Lot Dimensions:37026
Road Frontage:FrontageRd
Road Access:Frontage Road, Limited Acc
Road Surface:Gravel
Lot Features:Not In Subdivision, Rural - Not Subdivision, Mature Trees, Trees-Small (Under 20 Ft)
Zoning:Residential
Directions:GPS Friendly

Loan Price
$92
Price And Interest $65/month
Property Tax $22/month
MTG INS $0/month
HOME INS $5/month
Price
$12,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$22/month
Home Owner Insurance
$60 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$130
Tax Year:2024
Other Disclosures:None, Not Applicable
Mandatory HOA Fee:$

Area: 6010 - Owen - Washington
City:Spencer
Subdivision: No Subdivision
Zip Code:47460

Arla Frazier, REALTOR®/Broker, F. C. Tucker Company
Arla Frazier
Phone (317) 908-4050
Additional Phone (317) 571-2200
F.C. Tucker Company

Listing provided courtesy of Arla Frazier with F.C. Tucker Company from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/26/2024 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 1418 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.