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(SOLD) $145,000

1845 S US Highway 231 Spencer, IN  47460

  • 3 Beds
  • 1 Baths
  • 2,772 sq. Ft

Property Description for 1845 S US Highway 231 Spencer, IN 47460

Welcome to your dream project! Nestled on 3.73 acres just outside of Spencer, this very private property is a fixer-upper bursting with potential. The 3-bedroom, 1-bath home invites you to bring your vision and creativity to transform it into a masterpiece. Enjoy serene mornings and peaceful evenings on the covered front porch, perfect for soaking in the breeze and listening to the birds. The property boasts a spacious 2-car detached garage with room for a workshop, and a generous 14x38 RV garage for all your storage needs. The full unfinished basement offers additional potential living space once completed. Surrounded by big, mature trees, this secluded haven provides the perfect canvas for your next adventure. Don't miss out on this opportunity to create your ideal home in a tranquil setting.

Address:1845 S US Highway 231 Spencer IN 47460
Status:Sold
Sold On: 7/19/2024
Price:$199,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:2,772
Year Built:1948
Lot Size:3.73
County: Owen
Township: Washington
MLS #:21983573
Property Type:Single Family Residence

Lot Dimensions:162522
Lot Features:Rural - Not Subdivision, Mature Trees
Water Source:Municipal/City
Directions:GPS Friendly
Main Level Sq. Ft. :924
Upper Level Sq. Ft. :924
Total Sq. Ft. :2,772
Basement:Yes

Loan Price
$913
Price And Interest $756/month
Property Tax $97/month
MTG INS $0/month
HOME INS $60/month
Price
$145,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$97/month
Home Owner Insurance
$720 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 17x13 Main
Kitchen 14x13 Main
Primary Bedroom 15x11 Main
Bedroom 2 13x10 Main
Bedroom 3 31x12 Upper

Semi-Annual Property Tax:$583
Tax Year:2023
Financial Disclosures:Not Applicable
Other Disclosures:As Is, Fixer Upper
Mandatory HOA Fee:$

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

Total Sq. Ft.:2,772
Interior Features:Window Metal
Eating Area(s):Dining Combo/Kitchen
Appliances:Microwave, Gas Oven, Refrigerator
Exterior Features:Barn Pole, Out Building With Utilities
Exterior Type:Vinyl Siding, Wood
Cool:Central Electric
Heat:Forced Air
Water Heater:Microwave, Gas Oven, Refrigerator
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Listing provided courtesy of Sheila Glore with Eco-Realty Partners, LLC from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 06/03/2024 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

207
Avg. DOM
$176.4
Avg. $ / Sq.Ft.
$ 275,000
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $77,215.79. 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 $267,445.00 and the average price per square feet is $171.71 per square feet. At the moment, the amount of homes listed is exactly 160 houses, with 36 with active status, 18 with pending status and 106 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 $1,919.00. 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 71 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 12323 minutes ago.

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

The cost of the most expensive home in Spencer is $997,500.00. 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 $95,000.00 . 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 Spencer in year 1906 and the newest built house is in year 2024.

The average size of properties in Spencer is 1908.36 sq.ft. , the biggest one being 4455 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.