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$465,000

2626 Timber Lane Spencer, IN  47460

  • 3 Beds
  • 3 Baths
  • 2,213 sq. Ft

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Property Description for 2626 Timber Lane Spencer, IN 47460

Home is available for mortgage assumption! Looking for privacy yet be close to things?? You have found it! Welcome home to 2626 Timber Lane, located on a cul-de-sac, just 15 minutes to the West side of Bloomington and 15 minutes to downtown spencer and McCormick’s Creek State Park. This 5-acre wooded lot offers a craftsman style home with great outdoor entertaining space and plenty of parking. This Amish built home features knotty alder trim and cabinetry in, an open floor plan, 3 bedrooms 2.5 baths, a home office and in the unfinished basement you can create your own space in addition to being plumbed for an additional bathroom. In 2019 Whole Sun Designs installed a solar panels, inverter and battery system. This gives the owner lower electric bills, security of a power backup if there is an outage and its renewable energy. Included in the sale is equipment for Starlink satellite system providing high speed internet and streaming services. A Hi Boost cell phone antennae is also installed.

Address:2626 Timber Lane Spencer IN 47460
Status:Active
on site: 484 days
Price:$465,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths, 1 Half Baths
Sq. Feet:2,213
Year Built:2010
Lot Size:5.00
County: Owen County
Township: Clay
School System : Spencer-Owen Community
MLS #:202329703
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:Partially Wooded,3-5.9999
Directions:From Bloomington, West on 3rd Street Continue past the airport on IN-48 W Bear Right on IN-43 N Right on Little Flock Road Left on Timber Lane to property on left Park on shoulder by front walkway
Total Sq. Ft. :2,213
Garage:Attached
Basement:Yes

Loan Price
$2,876
Price And Interest $2,426/month
Property Tax $256/month
MTG INS $0/month
HOME INS $194/month
Price
$465,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$256/month
Home Owner Insurance
$2,328 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 16 x 14 Main
2nd Bedroom 14 x 12 Main
3rd Bedroom 14 x 12 Main
Kitchen 15 x 13 Main
Dining Room 13 x 12 Main
Living Room 26 x 17 Main

Semi-Annual Property Tax:$1,538
Tax Year:22/23
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

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

Total Sq. Ft.:2,213
Exterior Features:Stone, Vinyl
Fuel:Heat Pump
Fireplace(s):Gas Log
Cool:Central Air
Heat:Heat Pump
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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Listing provided courtesy of Dana Peabody with FC Tucker/Bloomington REALTORS

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 1806 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.