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$575,000 ↓$24,000on 10/9/2024

1010 River Road Spencer, IN  47460

  • 4 Beds
  • 4 Baths
  • 4,455 sq. Ft

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Property Description for 1010 River Road Spencer, IN 47460

Selling Tract B8 of Parcel #60-10-28-104-050.000-027. The property is in Spencer, Indiana in the county of Owen and the Township of Washington. Please see Survey for Tract B8 and its legal description along with the description of two easements on the property attached. Custom 4,455 finished sq ft home plus finished side-walkout basement sitting on 5 acres. Kitchen has custom built cabinets, island and built in desk. Ceramic tile floors in foyer, master bath, Jack-n-Jill bathroom and laundry room. Master bath with whirlpool bathtub, private toilet, linen closet and large walk-in closet. Gas fireplace in living room. Living room and master bedroom walk out to newly constructed back deck. Large patio areas in the back of house and at side entry basement door. Main floor laundry room has washer & dryer, storage cabinets and countertops, built-in ironing board. Basement has a kitchenette, washer and dryer and a lot of storage. Property comes with a 5-stall horse barn with tack room, storage room, horse arena, indoor/outdoor dog kennel with built in storage garage for lawncare equipment. Roof was replaced summer of 2023.

Address:1010 River Road Spencer IN 47460
Status:Active
on site: 206 days
Price:$575,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths, 1 Half Baths
Sq. Feet:4,455
Year Built:2000
Lot Size:4.83
County: Owen County
Township: Washington
School System : Spencer-Owen Community
MLS #:202417906
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:3-5.9999
Directions:Pottersville Road to River Road, east to home.
Total Sq. Ft. :4,455
Garage:Attached
Basement:Yes

Loan Price
$3,804
Price And Interest $2,999/month
Property Tax $565/month
MTG INS $0/month
HOME INS $240/month
Price
$575,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$565/month
Home Owner Insurance
$2,880 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/09/24 $599,000 $575,000 -4.01%
09/18/24 $625,000 $599,000 -4.16%
06/24/24 $699,500 $625,000 -10.65%

RoomSizeLevel
Master Bedroom 16 x 12 Main
2nd Bedroom 13 x 10 Main
3rd Bedroom 12 x 11 Main
4th Bedroom 10 x 10 Basement
Kitchen 27 x 13 Main
Dining Room 14 x 13 Main
Living Room 20 x 19 Main

Semi-Annual Property Tax:$3,388
Tax Year:2024
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

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

Total Sq. Ft.:4,455
Appliances:Dishwasher, Washer, Dryer-Gas, Water Heater Gas
Exterior Features:Brick
Fuel:Electric, Forced Air
Fireplace(s):Living/Great Rm, Gas Log
Cool:Central Air
Heat:Electric, Forced Air
Total Rooms:11
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 Brian Waters with Mentor Listing Realty, Inc.

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

194
Avg. DOM
$174.55
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $77,215.79. 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 $267,445.00 and the average price per square feet is $171.71 per square feet. At the moment, the amount of homes listed is exactly 160 houses, with 36 with active status, 18 with pending status and 106 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 $1,919.00. 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 71 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 1996 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 $95,000.00 . 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 1906 and the newest built house is in year 2024.

The average size of properties in Spencer is 1908.36 sq.ft. , the biggest one being 4455 sq.ft. and the smaller being 540 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.