Loan Price
$1,681
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(SOLD) $289,000
7431 E Locust Lake Drive Spencer, IN 47460
- 2 Beds
- 2 Baths
- 1,638 sq. Ft
Property Description for 7431 E Locust Lake Drive Spencer, IN 47460
Here is your opportunity to own a beautiful, well maintained, Tri Level home on a peaceful no wake lake at the end of a private road. The master Bedroom has its own 4x14 balcony. There is 12x36 deck off the 2nd level. Relax by the fireplace on cold days, while enjoying your view of the lake. New Flooring, updated appliances and tons of cabinet space in the kitchen. Built in Cabinetry and bookcases in the loft. Walkout basement could be a 3rd bedroom or office. Other updates are: new Gas Insert for the fireplace, new owned propane tank, new furnace and a new water softener. There is a new Genex Generator which could stay for an additional cost. The home also has central air, an 8x12 garden shed and a 36x10 attached garage.
Address:7431 E Locust Lake Drive Spencer IN 47460
Status:Sold
Sold On: 6/21/2024
Price:$289,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,638
Year Built:1992
Lot Size:0.61
County: Owen County
Township: Montgomery
School System : Spencer-Owen Community
MLS #:202411157
Property Type:Site-Built Home
Lot Dimensions:Irregular
Lot Description:Irregular,Partially Wooded,Slope,Waterfront,0-2.9999,Lake
Directions:Take Hwy 231 South from Cloverdale or North from Spencer. Turn onto Locust Lake Road (Across from Hudson Hill Rd). Turn Right onto Locust Lake Drive and then right onto Locust Lake Drive East. Home is 2nd to last house on the left.
Total Sq. Ft. :1,638
Garage:Attached
Basement:Yes
| Room | Size | Level |
| Master Bedroom | 11 x 12 | Upper |
| 2nd Bedroom | 10 x 12 | Upper |
| Kitchen | 11 x 16 | Main |
| Living Room | 13 x 19 | Main |
Semi-Annual Property Tax:$316
Tax Year:2023
Mandatory HOA Fee:$
School System:Spencer-Owen Community
High School:Owen Valley
Middle School:Owen Valley
Elementary School:Spencer
Total Sq. Ft.:1,638
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Kitchen Exhaust Hood, Oven-Electric, Range-Electric, Water Heater Electric
Exterior Features:Vinyl
Fuel:Propane, Other Heating System, Propane Tank Owned
Fireplace(s):Living/Great Rm, Fireplace Insert
Cool:Central Air
Heat:Propane, Other Heating System, Propane Tank Owned
Total Rooms:7
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
F.C. Tucker Company
Listing provided courtesy of Amy Highfield with RE/MAX Select Associates, Inc.
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
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 12023 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.