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$1,290,000 ↓$100,000on 4/18/2024

6473 Old Cuba Road Spencer, IN  47360

  • 4 Beds
  • 3 Baths
  • 5,836 sq. Ft

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Property Description for 6473 Old Cuba Road Spencer, IN 47360

Amid 27 acres of woodland is a fabulous private retreat. The renovated home is a masterpiece featuring hickory floors, custom built wood cabinetry, commercial grade appliances & granite countertops. A stone fireplace is the focus of the inviting living room filled w natural light. The primary ensuite bathroom has 2 sinks, steam shower & walk-in closet. Guest rm has an office w custom built-in workspace. Attached garage stores a vehicle & Tesla batteries for solar panel system. Outbuilding houses fully equipped 2000SF wood-shop w $30K in power equipment. Above the shop is a 2000SF versatile open concept 2 bedroom/1 bath space. Also included: 40x48' pole barn w 12' lean-to, 2 car garage, 2 working wells, 2 septic systems, ADT security system.

Address:6473 Old Cuba Road Spencer IN 47360
Status:Active
on site: 252 days
Price:$1,290,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:5,836
Year Built:1974
Lot Size:27.31
County: Owen
Township: Montgomery
MLS #:21938714
Property Type:Single Family Residence

Lot Dimensions:566280
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Private Well
Directions:From Spencer go N on 231 for 7.6 mi, turn L onto Rocky Hill Rd. In 0.6 mi turn R onto Cuba Rd. Continue 2 miles and at last 4 way stop turn R onto Old Cuba Rd. Continue 0.6 mi to property on L. Gated entrance.
Main Level Sq. Ft. :3,236
Upper Level Sq. Ft. :2,000
Total Sq. Ft. :5,836
Basement:Yes

Loan Price
$7,505
Price And Interest $6,729/month
Property Tax $238/month
MTG INS $0/month
HOME INS $538/month
Price
$1,290,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$238/month
Home Owner Insurance
$6,456 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
04/18/24 $1,390,000 $1,290,000 -7.19%
10/03/23 $1,490,000 $1,390,000 -6.71%

RoomSizeLevel
Living Room 25'x'12' Main
Kitchen 18'x10' Main
Primary Bedroom 13'x12' Main
Bedroom 2 12'x12' Main
17'x6' Main

Semi-Annual Property Tax:$1,430
Tax Year:2022
Mandatory HOA Fee:$

Area: 6006 - Owen - Montgomery
City:Spencer
Subdivision: Owen Co
Zip Code:47360

Total Sq. Ft.:5,836
Interior Features:Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s)
Eating Area(s):Breakfast Room, Dining Combo/Kitchen
Appliances:Dishwasher, Dryer, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Washer
Equipment:Security Alarm Monitored
Exterior Features:Barn Pole, Carriage/Guest House, Out Building With Utilities
Exterior Type:Stone
Fuel:Propane Owned
Fireplace(s):Living Room
Cool:Central Electric
Heat:Forced Air
Water Heater:Dishwasher, Dryer, Microwave, Double Oven, Gas Oven, Range Hood, Refrigerator, Washer
Total Rooms:14
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 6473 Old Cuba Road Spencer, IN  47360


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Listing provided courtesy of Beth Norman with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 08/21/2023 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

119
Avg. DOM
$168.94
Avg. $ / Sq.Ft.
$ 332,400
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 167 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.