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$459,900 $10,000on 2/2/2024

369 N Main Street Spencer, IN  47460

  • 4 Beds
  • 2 Baths
  • 3,587 sq. Ft

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Property Description for 369 N Main Street Spencer, IN 47460

Built in 1862 by Civil War Medal of Honor recipient, James W. Archer, the historic Archer House is turn-key and ready to welcome you home. This home boasts a spacious 3,596 sqft of living space with original woodwork, wood floors/doors, and 12 ft. tall ceilings. Within the last 2 years, this home has benefited from significant restoration and upgrades that include: new roof, new chimney caps, full-home rewire, new light fixtures throughout, dimmable can lights in the downstairs, refinished hardwood floors, smart light fixtures upstairs, refinished grand staircase, new attic furnace, new attic insulation, an additional washer/dryer hookup upstairs, 2 new gas fireplace inserts & piping, new steel basement supports, partial basement tuckpointing, new backyard privacy fence, new Samsung Bespoke kitchen appliances, and the installation of a native perennial front landscape. Pulling from both Greek Revival and Italianate styles, this home features a family room, 4 bedrooms, 2 full bathrooms, formal living room/parlor with fireplace, dining room with fireplace, 2 kitchens, and an original curved staircase in the grand entrance. You’ll also find 2 covered front porches, a private fenced-in backyard, and a 2-car attached garage. This home has been meticulously restored and cared for and could be yours. Nestled in the charming historic residential district of Spencer, Indiana, the “Archer Brick” has been known and recognized in the community for 160+ years. Just minutes from Indiana’s first state park, and a short walk to the local coffee shop and shopping, the Archer Brick isn’t just a charming home, it is a living piece of history.

Address:369 N Main Street Spencer IN 47460
Status:Active
on site: 116 days
Price:$459,900
Bedrooms:4 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,587
Year Built:1862
Lot Size:0.28
County: Owen County
Township: Washington
School System : Spencer-Owen Community
MLS #:202400070
Property Type:Site-Built Home

Lot Dimensions:irregular
Lot Description:Level
Directions:Take Hwy 46 W into Spencer to Morgan St. Turn right onto N Main St and property will sit on left side of street
Total Sq. Ft. :3,587
Garage:Attached
Basement:Yes

Loan Price
$2,806
Price And Interest $2,399/month
Property Tax $215/month
MTG INS $0/month
HOME INS $192/month
Price
$459,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$215/month
Home Owner Insurance
$2,304 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
02/02/24 $469,900 $459,900 -2.13%

RoomSizeLevel
Master Bedroom 20 x 16 Upper
2nd Bedroom 17 x 15 Upper
3rd Bedroom 17 x 14 Upper
4th Bedroom 16 x 15 Upper
Kitchen 16 x 11 Main
Family Room 26 x 16 Main
Dining Room 20 x 16 Main
Living Room 30 x 17 Main

Semi-Annual Property Tax:$1,291
Tax Year:2022/2023
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Spencer

Total Sq. Ft.:3,587
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Dryer-Electric, Range-Gas
Exterior Features:Brick
Fuel:Gas
Fireplace(s):Dining Rm, Living/Great Rm
Cool:Central Air
Heat:Gas
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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Schools in 369 N Main Street Spencer, IN  47460


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Listing provided courtesy of Rene West with West & Co., REALTORS

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

109
Avg. DOM
$170.92
Avg. $ / Sq.Ft.
$ 314,900
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $13,571.43. 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 $295,000.00 and the average price per square feet is $174.59 per square feet. At the moment, the amount of homes listed is exactly 182 houses, with 36 with active status, 13 with pending status and 133 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 $2,336.20. 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 69 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 2452 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Spencer is $1,390,000.00. 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 $115,000.00 . 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 1830 and the newest built house is in year 2024.

The average size of properties in Spencer is 2159.53 sq.ft. , the biggest one being 5836 sq.ft. and the smaller being 918 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.