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(SOLD) $276,500

2542 E St Hwy 46 Spencer, IN  47460

  • 4 Beds
  • 5 Baths
  • 3,832 sq. Ft

Property Description for 2542 E St Hwy 46 Spencer, IN 47460

Beautiful victorian house built in 1908 with a rich history in the community. Originally located in the center of Spencer, this house was moved in 1987 to its current location. A full basement was added at this time. The main floor has kitchen, half bath, dining room, living room and parlor. The parlor features the original fireplace! There are many original features throughout the main level including huge windows, hardwood flooring, gorgeous solid wood doors and the beautiful oak staircase with custom carvings and details. Another feature the owners loved is the mud room/summer kitchen. It has an industrial hood so a perfect place for grilling during the winter! The upper level has 4 bedrooms (though due to the customs at the time of construction, not all of the bedrooms have closets), 2 full bathrooms and 1 half bathroom. There is a set of stairs off the kitchen, originally used by house staff, that led upstairs. The lower level is fully finished and has a large open rec room/family room area, a nook with built in bookshelves, a full bathroom, kitchenette (counters, cabinets, sink and refrigerator), laundry room/mechanical room and a flex space that could be used as office, storage room, craft room, etc. The lower level has glass sliding doors that lead to the side yard, letting in lots of natural light. The exterior features a beautiful front porch with custom designed trim detail, full concrete driveway with ample parking, lots of room for outbuildings, gardens, and play. The yard has 4 peach trees, many mulberry trees, a plum tree and 4 gooseberry bushes. Notable improvements include brand new furnace and a/c in spring of 2024. Roof is only 7 years old with lots of life left. This lovely home sits on 2.91 acres and is only 2 miles to downtown Spencer but also offers easy access to Ellettsville and Spencer. McCormick's Creek State Park is across the street and the south entrance is just a couple hundred yards away! History of house can be found in attached documents. This house is being sold as is.

Address:2542 E St Hwy 46 Spencer IN 47460
Status:Sold
Sold On: 7/12/2024
Price:$270,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 2 Half Baths
Sq. Feet:3,832
Year Built:1908
Lot Size:2.91
County: Owen County
Township: Washington
School System : Spencer-Owen Community
MLS #:202423257
Property Type:Site-Built Home

Lot Dimensions:unknown
Lot Description:0-2.9999
Directions:GPS will take you to a little lane off of 46. It's just past Parker's Archery. It is not labeled. Turn south on this lane and then driveway for house is on the left.
Total Sq. Ft. :3,832
Basement:Yes

Loan Price
$1,796
Price And Interest $1,442/month
Property Tax $239/month
MTG INS $0/month
HOME INS $115/month
Price
$276,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$239/month
Home Owner Insurance
$1,380 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 15 Upper
2nd Bedroom 14 x 10 Upper
3rd Bedroom 13 x 9 Upper
4th Bedroom 13 x 9 Upper
Kitchen 12 x 17 Main
Family Room 15 x 15 Main
Dining Room 13 x 14 Main
Living Room 15 x 14 Main
Den 6 x 13 Lower

Semi-Annual Property Tax:$1,435
Tax Year:2024
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Mccormicks Creek

Total Sq. Ft.:3,832
Appliances:Dishwasher, Microwave, Refrigerator, Oven-Electric, Water Heater Electric
Exterior Features:Vinyl
Fuel:Gas, Forced Air
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 Company

Listing provided courtesy of Sally Baird with Sterling Real Estate

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.





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 149 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.