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(SOLD) $520,000

5836 Three Oaks Lane Spencer, IN  47460-5979

  • 4 Beds
  • 4 Baths
  • 2,760 sq. Ft

Property Description for 5836 Three Oaks Lane Spencer, IN 47460-5979

IMPORTANT NOTICE: The list price of $543,210 is provided solely for filtering purposes. All bids or offers must be submitted by 6:00 PM EDT on Thursday September 26, 2024. Interested buyers are required to review and sign the Terms & Conditions of the sale, available in the attached documents. Discover this serene country retreat at 5836 Three Oaks Lane in Spencer, Indiana. This stunning modern log home, set on 20 acres of picturesque countryside in Owen County, offers a unique opportunity through an online bidding process. With 4 bedrooms and 3.5 bathrooms, this property perfectly blends rustic charm with modern luxury, providing a peaceful escape surrounded by nature, yet conveniently located near Spencer, Ellettsville, and Bloomington. Main Level Features: The spacious main level boasts a vaulted ceiling in the living room, an open floor plan connecting the kitchen and dining areas, and a master suite designed for comfort and privacy. A sliding door opens to a deck with pool and hot tub area, ideal for relaxation and entertaining. Outdoor Living: The property includes a covered front porch, an above-ground pool with a deck, and a stamped concrete patio, creating a fantastic outdoor space for gatherings. A detached 3-car garage, connected to the home by a covered breezeway, offers ample storage and parking. Finished Walk-Out Basement: The basement features 9-foot ceilings, a kitchenette, a bedroom with an egress window, and a full bath, making it an ideal space for guests or extended family. Additionally, there is unfinished storage and utility space for convenience. Upper-Level Comfort: The upper level includes two cozy bedrooms, a full bath, and an open loft area, perfect for a home office, reading nook, or playroom. Additional Features: The home is equipped with an outdoor wood-burning furnace, hardwood flooring on the main level, and carpeted bedrooms for added comfort. The property is approximately 50% wooded and 50% open, making it ideal for outdoor activities, livestock, or gardening.

Address:5836 Three Oaks Lane Spencer IN 47460-5979
Status:Sold
Sold On: 11/1/2024
Price:$520,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:2,760
Year Built:2005
Lot Size:20.07
County: Owen County
Township: Clay
School System : Spencer-Owen Community
MLS #:202432346
Property Type:Site-Built Home

Lot Dimensions:20 Acres
Lot Description:Partially Wooded,15+,Pasture
Directions:From Hwy 43 turn on Little Flock Rd. Go approx 1.7 miles turn right onto White Road go approx 0.2 turn left onto gavel road/drive.
Total Sq. Ft. :2,760
Garage:Detached
Basement:Yes

Loan Price
$3,091
Price And Interest $2,713/month
Property Tax $161/month
MTG INS $0/month
HOME INS $217/month
Price
$520,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$161/month
Home Owner Insurance
$2,604 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 15 x 15 Main
2nd Bedroom 15 x 12 Upper
3rd Bedroom 15 x 12 Upper
4th Bedroom 14 x 9 Basement
Kitchen 11 x 13 Main
Family Room 16 x 20 Basement
Dining Room 10 x 13 Main
Living Room 24 x 12 Main

Semi-Annual Property Tax:$968
Tax Year:2024
Mandatory HOA Fee:$

City:Spencer
Subdivision: Other
Zip Code:47460-5979

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

Total Sq. Ft.:2,760
Appliances:Dishwasher, Refrigerator, Range-Electric, Water Softener-Owned
Exterior Features:Log
Fuel:Electric, Wood
Fireplace(s):None
Cool:Central Air
Heat:Electric, Wood
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 Cody Coffey with United Country Coffey Realty & Auction

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

168
Avg. DOM
$176.67
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Spencer are not dropping at the moment. There has been a increase in price of $92,583.33. 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 Up. The average house price is $274,950.00 and the average price per square feet is $180.14 per square feet. At the moment, the amount of homes listed is exactly 286 houses, with 44 with active status, 14 with pending status and 228 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 $2,193.82. 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 68 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 332 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 $59,900.00 . 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 1830 and the newest built house is in year 2024.

The average size of properties in Spencer is 2096.14 sq.ft. , the biggest one being 5812 sq.ft. and the smaller being 180 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.