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$560,000

5925 State Highway 43 Spencer, IN  47460

  • 2 Beds
  • 3 Baths
  • 2,128 sq. Ft

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Property Description for 5925 State Highway 43 Spencer, IN 47460

Down a shady lane that opens out into a hayfield is Windfall Farm, a house that brings together solitude in the midst of natural beauty and only 12 miles from downtown Bloomington. Situated on 27 acres and surrounded on 3 sides by Nature Conservancy property, the 2 Bedroom, 2 Bath house is a unique union of a nearly 200-year old log home with a Shaker-inspired wing built in 2000. With 10' ceilings, the house feels spacious and has modern conveniences and ample storage throughout. The detached 3 Car Garage also has a workshop space; and the nearby freestanding post and beam 'barn' can be an additional workshop, a home for livestock, or a gathering space for parties and celebrations. Windfall was lovingly built and maintained by the current owners for 24 years, and they now are ready to leave it to someone who shares their love of the natural world. Additional Information about the home, buildings and land: The post & beam barn is 25' x 44' and has power and a wood stove; the garage is 12' x 20' with an additional Lean-To that is 6' x 44'; the gardeners cottage is 18' x 10' with concrete floor & water. More details & specifications are provided on the attached documentation, as well as a history of the land part of the structures. A survey of the portion of the original parent parcel is attached as this parcel is in process of being subdivided from a larger parcel with the remainder to go to the Indiana Nature Conservancy. Possession available after August 1st.

Address:5925 State Highway 43 Spencer IN 47460
Status:Active
on site: 24 days
Price:$560,000
Bedrooms:2 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,128
Year Built:2001
Lot Size:27.00
County: Owen County
Township: Clay
School System : Spencer-Owen Community
MLS #:202418186
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:15+
Directions:From Bloomington go west on on SR 46 thru Ellettsville to light at SR 43. Turn left at light, go about 6 miles until you see the fire station on right. If the road still says closed, continue past the barricade and watch for 5925 on right.
Total Sq. Ft. :2,128
Garage:Detached
Basement:Yes

Loan Price
$3,301
Price And Interest $2,921/month
Property Tax $147/month
MTG INS $0/month
HOME INS $233/month
Price
$560,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$147/month
Home Owner Insurance
$2,796 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 14 x 21 Main
2nd Bedroom 16 x 17 Upper
Kitchen 17 x 12 Main
Family Room 18 x 13 Main
Dining Room 9 x 19 Main
Living Room 12 x 19 Main
Den 8 x 10 Main

Semi-Annual Property Tax:$882
Tax Year:2024
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Mccormicks Creek

Total Sq. Ft.:2,128
Appliances:Dishwasher, Refrigerator, Washer, Dryer-Electric, Range-Gas
Exterior Features:Wood, Cement Board
Fuel:Propane, Propane Tank Owned
Fireplace(s):Living/Great Rm
Cool:Central Air
Heat:Propane, Propane Tank Owned
Total Rooms:8
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 5925 State Highway 43 Spencer, IN  47460


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Listing provided courtesy of Tracee Lutes with RE/MAX Acclaimed Properties

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

106
Avg. DOM
$165.27
Avg. $ / Sq.Ft.
$ 339,900
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $47,774.84. 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 $307,500.00 and the average price per square feet is $164.62 per square feet. At the moment, the amount of homes listed is exactly 220 houses, with 54 with active status, 11 with pending status and 155 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 $2,141.32. 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 77 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 5810 minutes ago.

At the moment we have 3 open houses that you can visit.

The cost of the most expensive home in Spencer is $1,290,000.00. 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 $56,000.00 . 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 2191.09 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.