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(SOLD) $985,000

379 Spencer Pike Road Springville, IN  47462

  • 2 Beds
  • 3 Baths
  • 2,963 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 379 Spencer Pike Road Springville, IN 47462

Discover a practical and inviting equine property nestled in the peaceful countryside of Springville, Lawrence County, Indiana. This 38-acre estate seamlessly blends a well-appointed country home with functional horse facilities. Location Highlights: Serenely situated in Southern Indiana, this property offers convenient access to Bloomington, Crane Naval Base, and major cities including Indianapolis, Louisville, St. Louis, and Cincinnati. It embodies rural tranquility while maintaining accessibility to nearby cities and amenities. Country Home Features: Constructed in 2017, the residence 2,963 sq ft, featuring 2 large bedrooms, 2-1/2 bathrooms with jetted whirlpool bathtubs, a lofted family room, and a large oversized 2-car garage. The home is a blend of factory-built modular and onsite stick-built construction, equipped with an automatic generator and dual water sources (well and community), ensuring a reliable and comfortable living environment. Main Horse Barn: A 154' X 102' pole barn built in 2016, outfitted for horse boarding with specialized stalls, an indoor riding arena, and ample storage for feed and equipment. Older Horse Barn additional equestrian activities with over 16 stalls/pens, an indoor training area, and essential amenities for horse care. The estate includes a hay barn for storage and a cattle barn, enhancing its versatility for a range of agricultural or livestock operations. Additional Highlights: Currently serving as a horse boarding facility, this property presents a potential income source for new owners through established boarding clients, with competitive rates from $700/month. - A second septic system and prepared utility connections provide opportunities for further development or expansions, such as RV parking or the addition of housing options. This property represents a unique opportunity to embrace a lifestyle that combines the joy of country living with the passion for equestrian activities. With its comprehensive facilities and thoughtful design, it stands ready to welcome those looking to step into a serene and productive rural life.

Address:379 Spencer Pike Road Springville IN 47462
Status:Sold
Sold On: 5/30/2024
Price:$1,100,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,963
Year Built:2016
Lot Size:37.63
County: Lawrence County
Township: Perry
School System : North Lawrence Community
MLS #:202404546
Property Type:Site-Built Home

Lot Dimensions:37.63
Lot Description:15+
Directions:From Hwy 54 in Springville take Brick Street north to Spencer Pike Rd. Go approx 0.6 mile property on the left
Total Sq. Ft. :2,963
Garage:Attached
Basement:No

Loan Price
$6,017
Price And Interest $5,138/month
Property Tax $469/month
MTG INS $0/month
HOME INS $410/month
Price
$985,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$469/month
Home Owner Insurance
$4,920 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 18 Main
2nd Bedroom 25 x 16 Upper
Kitchen 20 x 14 Main
Family Room 29 x 19 Upper
Dining Room 12 x 12 Main
Living Room 15 x 15 Main

Semi-Annual Property Tax:$2,814
Tax Year:2023
Mandatory HOA Fee:$

Subdivision: None
Zip Code:47462

High School:Bedford-North Lawrence
Middle School:Bedford
Elementary School:Needmore

Total Sq. Ft.:2,963
Exterior Features:Vinyl
Fuel:Electric
Cool:Central Air
Heat:Electric
Total Rooms:7
EXPLORE TUCKER LUXURY
Brian Thompson, REALTOR®/Broker, F. C. Tucker Company
Brian Thompson
Additional Phone (812) 336-7300
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.





Springville Market Report

184
Avg. DOM
$159.14
Avg. $ / Sq.Ft.
$ 245,000
Med. List Price

The house prices in Springville are not dropping at the moment. There has been a increase in price of $72,682.40. 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 Springville are going Up. The average house price is $242,450.00 and the average price per square feet is $148.93 per square feet. At the moment, the amount of homes listed is exactly 64 houses, with 10 with active status, 3 with pending status and 51 sold in Springville .

The most popular place to buy a home in Springville is 4701 - Lawrence - Perry. 4701 - Lawrence - Perry 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 Springville .

The average amount of property taxes you would have to pay for a home in Springville is $1,427.26. 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 Springville are staying listed for an average of 73 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 Springville was 10492 minutes ago.

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

The cost of the most expensive home in Springville is $569,000.00. 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 Springville is $99,900.00 . 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 Springville in year 1930 and the newest built house is in year 2022.

The average size of properties in Springville is 1986.5 sq.ft. , the biggest one being 3818 sq.ft. and the smaller being 1120 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.