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(SOLD) $424,900

3167 Horse Farm Drive Spencer, IN  47460

  • 4 Beds
  • 4 Baths
  • 4,032 sq. Ft

Property Description for 3167 Horse Farm Drive Spencer, IN 47460

Welcome home to 3167 Horse Farm Drive. This remarkable 4 bedroom, 4 bath 4212 sq ft property rests upon 5.21 secluded acres at the end of a private road. The main level boasts open concept living room, dining room and kitchen with doors leading out to the grand deck. The fully finished walkout basement features the in-law suite, an exercise room, office space and an extensive entertainment area heated by a wood burning stove. Nothing is held back on this tastefully designed home, including custom Graber cabinetry, custom trim, natural stone accents, commercial grade laminate flooring, wrap around deck and so much more. Fabulous views of the wooded property and wildlife can be experienced everywhere. There is also a 2-car attached garage and a 32x56 heated pole barn with a concrete floor to store your additional vehicles or perhaps create an amazing shop. Home is hard-wired for a generator back-up.

Address:3167 Horse Farm Drive Spencer IN 47460
Status:Sold
Sold On: 10/7/2024
Price:$424,900
Bedrooms:4 Beds
Bathrooms:4 Full Baths
Sq. Feet:4,032
Year Built:1996
Lot Size:5.21
County: Owen
Township: Washington
MLS #:22001030
Property Type:Single Family Residence

Lot Dimensions:226948
Lot Features:Irregular Lot, Not In Subdivision, Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :2,016
Total Sq. Ft. :4,032
Basement:Yes

Loan Price
$2,599
Price And Interest $2,216/month
Property Tax $206/month
MTG INS $0/month
HOME INS $177/month
Price
$424,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$206/month
Home Owner Insurance
$2,124 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Living Room 14x21 Main
Dining Room 11x16 Basement
Kitchen 11x16 Main
Laundry 10x9 Main
Primary Bedroom 17x15 Main
Bedroom 2 12x11 Main
Bedroom 3 11x14 Main
Bedroom 4 15x9 Basement
Family Room 18x30 Basement
Play Room 18x30 Basement
Bonus Room 16x11 Basement
Dining Room 8x11 Basement

Semi-Annual Property Tax:$1,236
Tax Year:2023
Other Disclosures:Not Applicable
Mandatory HOA Fee:$

Area: 6010 - Owen - Washington
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.:4,032
Interior Features:Bath Sinks Double Main, Breakfast Bar, Hi-Speed Internet Availbl, In-Law Arrangement, Eat-in Kitchen, Walk-in Closet(s), Wood Work Stained
Eating Area(s):Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
Exterior Features:Barn Pole, Other
Exterior Type:Brick, Vinyl Siding
Fireplace(s):Free Standing
Cool:Central Electric
Heat:Electric, Heat Pump
Water Heater:Dishwasher, Dryer, Microwave, Electric Oven, Refrigerator, Washer
Total Rooms:12
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 Samantha Carver with HOME TEAM Properties from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/10/2024 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 12344 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.