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(SOLD) $37,000

2436 N US Hwy 231 Spencer, IN  47460

  • 4.65 Acres

Property Description for 2436 N US Hwy 231 Spencer, IN 47460

Beautiful 4.65 acres sits on top of a hill with great views and access to Hwy. 231. There is already a driveway put in and a clearing for a home or business. This lot offers a private place to build a dream home with a walk-out basement, a walking lane to the Hilltop Restaurant next door, and just a few minutes easy drive into Spencer or on to Bloomington or Greencastle. Lovely woods and mature trees surround the cleared area. There are lots of possibilities with this property, and with proper approvals could have commercial potential as well. Great location for a mini-farm with open pasture areas. Appointment required to walk or view the property.

Address:2436 N US Hwy 231 Spencer IN 47460
Status:Sold
Sold On: 2/15/2024
Price:$49,900
Bathrooms:0
Lot Size:4.65
County: Owen
Township: Washington
MLS #:21932099
Property Type:Residential Lots

Lot Dimensions:180338
Road Frontage:Highway
Road Access:Frontage Road
Road Surface:Asphalt
Lot Features:Not In Subdivision, Mature Trees, Wooded
Zoning:N/A
Directions:From Spencer, go north on Hwy 231 and turn right into the first driveway past the Hilltop Restaurant on the east side of the road.

Loan Price
$243
Price And Interest $193/month
Property Tax $35/month
MTG INS $0/month
HOME INS $15/month
Price
$37,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$35/month
Home Owner Insurance
$180 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Semi-Annual Property Tax:$209
Tax Year:2023
Mandatory HOA Fee:$

Area: 6010 - Owen - Washington
City:Spencer
Subdivision: No Subdivision
Zip Code:47460

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schools in 2436 N US Hwy 231 Spencer, IN  47460


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Listing provided courtesy of Eric Wolfe with Prime Real Estate ERA Powered from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/15/2023 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

115
Avg. DOM
$171.63
Avg. $ / Sq.Ft.
$ 305,000
Med. List Price

The house prices in Spencer are not dropping at the moment. There has been a increase in price of $51,618.49. 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 Up. The average house price is $309,950.00 and the average price per square feet is $170.06 per square feet. At the moment, the amount of homes listed is exactly 196 houses, with 42 with active status, 12 with pending status and 142 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 $2,092.96. 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 74 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 3912 minutes ago.

At the moment we have 1 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 $113,500.00 . 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 2195.26 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.