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$450,000 $25,000on 10/21/2024

8064 Vilas Road Spencer, IN  47460

  • 3 Beds
  • 1 Baths
  • 1,935 sq. Ft

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Property Description for 8064 Vilas Road Spencer, IN 47460

Discover this hidden gem in Owen Co. on a beautiful 35-acre parcel, partially wooded for privacy. A meandering gated driveway leads you to the original 1880s farmhouse, a charming story-and-a-half home perched on the rolling hills of this picturesque property. This farmhouse has been preserved with valuable upgrades, retaining its original hardwood floors, tall ceilings, and an abundance of natural light through updated energy-efficient windows. The walls are adorned with bead board wainscoting, adding a touch of classic charm. Enjoy a seat on the porch, take in the native hydrangeas & majestic maple tree in the front landscape before entering the front door to the large living room featuring an original brick fireplace. The main floor master bedroom is spacious and includes an additional front door entrance. The formal dining room has built-in cabinetry and shelving, a long wall of windows, & an intricate textured wallpaper ceiling. In the center of the home in addition to the staircase leading up, a Fisher woodstove on a brick hearth is ideal for cozy evenings. The tastefully renovated eat-in kitchen features views of the backyard, vaulted ceiling, new beadboard cabinetry, SS appliances, & LVP flooring. Laundry room includes a utility sink & extensive cabinetry matching the bath. Utility/mud room is a versatile space w/ concrete floors, several closets, countertops, & dry sink. The upper floor has 3 rooms w/ dormered ceilings, the loft offering a large double closet for storage for the entire upstairs. The second bedroom not completely renovated, and a third larger room setup as a bedroom. Note due to the period of the home, not all bedrooms offer closets. Outdoor features include 30x40 pole barn built in 2020 with a lean-to along w/ a workshop building 24x30 built in 2012, perfect for avid woodworkers. Partial concrete silo has steps leading to an observation platform with meadow views.

Address:8064 Vilas Road Spencer IN 47460
Status:Active
on site: 47 days
Price:$450,000
Bedrooms:3 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,935
Year Built:1880
Lot Size:34.98
County: Owen
Township: Franklin
MLS #:22005024
Property Type:Single Family Residence

Lot Dimensions:1523729
Lot Features:Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :1,935
Total Sq. Ft. :1,935

Loan Price
$2,743
Price And Interest $2,347/month
Property Tax $208/month
MTG INS $0/month
HOME INS $188/month
Price
$450,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$208/month
Home Owner Insurance
$2,256 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/21/24 $475,000 $450,000 -5.26%

RoomSizeLevel
Living Room 15x15 Main
Dining Room 13x12 Main
Kitchen 15x12 Main
Laundry 9x8 Main
Primary Bedroom 15x15 Main
Bedroom 2 16x12 Upper
Bedroom 3 15x12 Upper
Family Room 16x16 Main
Loft 16x12 Upper
Bonus Room 16x10 Main

Semi-Annual Property Tax:$1,250
Tax Year:2023
Other Disclosures:As Is
Mandatory HOA Fee:$

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.:1,935
Interior Features:Raised Ceiling(s), Eat-in Kitchen
Eating Area(s):Formal Dining Room
Appliances:Dishwasher, Microwave
Exterior Type:Vinyl Siding
Fireplace(s):Den/Library Fireplace, Woodburning Fireplce
Cool:Central Electric
Heat:Propane, Forced Air
Water Heater:Dishwasher, Microwave
Total Rooms:9
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Corey Mauder with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/07/2024 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

179
Avg. DOM
$165.37
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 841 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.