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$589,000

6771 N US HWY 231 N Spencer, IN  47460

  • 3 Beds
  • 3 Baths
  • 5,812 sq. Ft

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Property Description for 6771 N US HWY 231 N Spencer, IN 47460

Own a piece of Indiana History sitting on 12.52 acres! The James Alverson Home is 5,812sqft is registered on the Indiana Historic Home Registry. It has been beautifully restored over the years with many updates. 3bd 2 1/2ba with beautiful hardwood floors, three fireplaces, stain glass windows, walnut staircase, two 2-car garages (one is heated/AC), enclosed porch, fenced in backyard w/Gazebo overlooking the pond and tons of room to raise a family. Multiple unique rooms that could be utilized to potentially run a small business, wedding venue, etc. for hosting large events! The opportunity to own a home like this does not come along often and the uses for this home are endless.

Address:6771 N US HWY 231 N Spencer IN 47460
Status:Active
on site: 92 days
Price:$589,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:5,812
Year Built:1830
Lot Size:12.00
County: Owen
Township: Montgomery
MLS #:21961181
Property Type:Single Family Residence

Lot Dimensions:542322
Lot Features:Mature Trees
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :4,642
Upper Level Sq. Ft. :1,170
Total Sq. Ft. :5,812

Loan Price
$3,522
Price And Interest $3,073/month
Property Tax $204/month
MTG INS $0/month
HOME INS $245/month
Price
$589,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$204/month
Home Owner Insurance
$2,940 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Kitchen 20 x 13 Main
Living Room 20 x 13 Main
Dining Room 17 x 14 Main
Primary Bedroom 15 x 13 Upper
Bedroom 2 14 x 12 Upper
Bedroom 3 16 x 13 Upper
Foyer 20 x 10 Main
Library 17 x 23 Main
Great Room 40 x 23 Main
Bonus Room 28 x 12 Main
Sun Room 19 x 10 Main
Utility Room 12 x 23 Main

Semi-Annual Property Tax:$1,226
Tax Year:2024
Mandatory HOA Fee:$

Area: 6006 - Owen - Montgomery
City:Spencer
Subdivision: Little Mill Creek Estates
Zip Code:47460

Total Sq. Ft.:5,812
Interior Features:Attic Pull Down Stairs, Center Island, Entrance Foyer, Hardwood Floors, Hi-Speed Internet Availbl, In-Law Arrangement, Pantry, Supplemental Storage, Windows Vinyl
Eating Area(s):Formal Dining Room
Appliances:Oven, Convection Oven, Electric Cooktop, Double Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Other, Refrigerator, Electric Oven, Water Heater
Equipment:Not Applicable
Exterior Features:Balcony, Playset
Exterior Type:Brick, Other
Fuel:Propane Owned
Fireplace(s):Dining Room, Electric, Insert, Gas Log, Kitchen, Living Room
Cool:Central Electric
Heat:Heat Pump, Propane
Water Heater:Oven, Convection Oven, Electric Cooktop, Double Oven, Dishwasher, Electric Water Heater, Disposal, Microwave, Other, Refrigerator, Electric Oven, Water Heater
Total Rooms:12
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 6771 N US HWY 231 N Spencer, IN  47460


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Listing provided courtesy of Chris Harcourt with RE/MAX Cornerstone from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/24/2024 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

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 2315 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.