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(SOLD) $319,900

2774 S Us Highway 231 Spencer, IN  47460

  • 4 Beds
  • 4 Baths
  • 4,074 sq. Ft

Property Description for 2774 S Us Highway 231 Spencer, IN 47460

Log home on 5.96 acres located just off of US Hwy 231 south of Spencer. This home consists of approximately 4072 sq. ft. with 4 Bedrooms, 4 full baths, 2 lofts that have been used for bedrooms on occasion. Home has a full basement with poured walls, living room, family room, dining area and a large, long kitchen. There are stoned chimneys at each end of the home along with 2 back decks and 2 covered front porches. The 30x46 pole building offers a 28x30 enclosed area along with an 18x30 open but covered area.

Address:2774 S Us Highway 231 Spencer IN 47460
Status:Sold
Sold On: 11/30/2024
Price:$319,900
Bedrooms:4 Beds
Bathrooms:4 Full Baths
Sq. Feet:4,074
Year Built:1992
Lot Size:5.96
County: Owen
Township: Franklin
MLS #:21991896
Property Type:Single Family Residence

Lot Dimensions:260053
Lot Features:Irregular Lot, Not In Subdivision, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,648
Upper Level Sq. Ft. :954
Total Sq. Ft. :4,074
Basement:Yes

Loan Price
$2,082
Price And Interest $1,669/month
Property Tax $280/month
MTG INS $0/month
HOME INS $133/month
Price
$319,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$280/month
Home Owner Insurance
$1,596 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 11x23 Main
Dining Room 9x9 Main
Kitchen 9x22 Main
Foyer 8x9 Main
Primary Bedroom 8x12 Main
Bedroom 2 10x14 Main
Bedroom 3 9x14 Upper
Bedroom 4 9x13 Upper
Dining Room 9x9 Main
Family Room 11x23 Main
Foyer 8x9 Main
Loft 12x18 Upper
Loft 11x18 Upper

Semi-Annual Property Tax:$1,682
Tax Year:2023
Other Disclosures:None, As Is
Mandatory HOA Fee:$

Area: 6012 - Owen - Franklin
City:Spencer
Subdivision: No Subdivision
Zip Code:47460

High School:Owen Valley Community High School
Middle School:Owen Valley Middle School
Elementary School:Spencer Elementary School

Total Sq. Ft.:4,074
Interior Features:Screens Some
Interior Area(s):Bedroom Other on Main
Eating Area(s):Dining Combo/Family Room, Dining Combo/Kitchen
Appliances:Dishwasher, Gas Water Heater, Electric Oven, Refrigerator, Free-Standing Freezer
Equipment:Smoke Alarm
Exterior Features:Barn Pole
Exterior Type:Log
Cool:None
Heat:Forced Air, Gas
Water Heater:Dishwasher, Gas Water Heater, Electric Oven, Refrigerator, Free-Standing Freezer
Total Rooms:15
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 Christopher Wesley with RE/MAX Select Associates, Inc. from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/21/2024 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 12274 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.