Loan Price
$290
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(SOLD) $50,000
7412 Locust Lake West Drive Spencer, IN 47460
- 0.42 Acres
Property Description for 7412 Locust Lake West Drive Spencer, IN 47460
Building site just perfect for your new home! This stunning 0.42-acre lakefront lot on Locust Lake, located in northern Owen County, offers incredible views of the water. The property features a meandering driveway that leads down to a perfect home building site, with the option to drive further and park closer to the water level. Step down onto the dock for some incredible fishing or take a lap in the pontoon. Included in the sale are a large floating wood dock, a small pontoon boat, and a trolling motor, providing immediate access to lake activities. The lot previously had an existing home, the foundation currently remains. While the seller has no knowledge of current condition, the site is equipped with a well and septic system from the previous dwelling. This is a rare opportunity to build your dream home with breathtaking lake views and enjoy lake access right at your doorstep.
Address:7412 Locust Lake West Drive Spencer IN 47460
Status:Sold
Sold On: 7/11/2024
Price:$50,000
Bathrooms:0
Lot Size:0.42
County: Owen County
Township: Montgomery
School System : Spencer-Owen Community
MLS #:202421068
Property Type:Residential Land
Directions:From Spencer take 231 N for 8.2 miles and turn left on Locust Lake Road. Drive .9 mile and take a slight right onto Locust Lake Drive. At the Y take a slight left and the property will be on your right before the dead end.
Semi-Annual Property Tax:$047
Tax Year:2023 Payable 2024
Mandatory HOA Fee:$
School System:Spencer-Owen Community
High School:Owen Valley
Middle School:Owen Valley
Elementary School:Gosport
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
Listing provided courtesy of Corey Mauder with Century 21 Scheetz - Bloomington
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
214
Avg. DOM
$177.09
Avg. $ / Sq.Ft.
$ 274,950
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 14303 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.