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$449,000

4864 Ritter Woods Lane Spencer, IN  47460

  • 5 Beds
  • 3 Baths
  • 3,140 sq. Ft

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Property Description for 4864 Ritter Woods Lane Spencer, IN 47460

This 5-bedroom, 3 bath ranch over a finished basement offers over 3,140 sq ft and is nestled on 3.85 wooded acres in Spencer! This home has had many updates this year! New roof, large picture window, new quartz countertops, new paint and new vinyl laminate flooring. There is a 14x14 sunroom finished with wood ceilings and floors. The walk-out basement offers over 1400 finished sq ft, a gas fireplace, 2 additional bedrooms, a 17x13 rec room, 23x5 storge room and another full bathroom. Relax outside on the large deck that spans nearly the entire back of the home, or on the covered front porch. Store all your lawn equipment and extras in the 16x16 shed that has electricity. The wooded area offers mature PawPaw Trees, mushroom hunting, and the trees have never been harvested! Enjoy the firepit and creek that runs through the back yard. This home offers a country setting yet conveniently located to Hwy 46! Allowing commuting to Bloomington in less than 20 minutes, Ellettsville in 10 minutes!! *well water filtration system recently replaced* * advanced filtration system for drinking water system is installed in kitchen* **Home Warranty is being offered up to $650.00**

Address:4864 Ritter Woods Lane Spencer IN 47460
Status:Active
on site: 99 days
Price:$449,000
Bedrooms:5 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,140
Year Built:1995
Lot Size:3.85
County: Owen County
Township: Clay
School System : Spencer-Owen Community
MLS #:202434493
Property Type:Site-Built Home

Lot Dimensions:none
Lot Description:Heavily Wooded,Irregular
Directions:Turn left onto N Starnes Road, then turn left onto W Ratliff Road, turn left onto Ritter Woods Lane, hone will be on your left.
Total Sq. Ft. :3,140
Garage:Attached
Basement:Yes

Loan Price
$2,679
Price And Interest $2,342/month
Property Tax $150/month
MTG INS $0/month
HOME INS $187/month
Price
$449,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$150/month
Home Owner Insurance
$2,244 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 13 x 12 Main
2nd Bedroom 11 x 12 Main
3rd Bedroom 11 x 10 Main
4th Bedroom 11 x 10 Basement
5th Bedroom 13 x 11 Basement
Kitchen 21 x 13 Main
Family Room 20 x 15 Basement
Living Room 15 x 16 Main

Semi-Annual Property Tax:$902
Tax Year:2023/2024
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Spencer

Total Sq. Ft.:3,140
Appliances:Dishwasher, Microwave, Refrigerator, Range-Electric, Water Heater Electric
Exterior Features:Brick, Vinyl
Fuel:Electric
Fireplace(s):Gas Starter
Cool:Central Air
Heat:Electric
Total Rooms:10
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 Michelle Stanger with Stanger Homes, LLC

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 2767 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.