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$1,290,000 ↓$100,000on 4/18/2024

6473 Old Cuba Road Spencer, IN  47460

  • 4 Beds
  • 3 Baths
  • 3,236 sq. Ft

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Property Description for 6473 Old Cuba Road Spencer, IN 47460

Nestled in the heart of Owen Co. is 27 acres of pristine woodland surrounding a primary residence (1236 sqft), w/ woodshop (2000 sqft) & guest suite (2000 sqft) This parcel has some beautiful timber with the benefit of bordering classified forest. Follow the meandering drive through the gated entrance into the heart of the property. Primary home underwent a complete transformation in 2011. The interior is a masterpiece of design, featuring hickory floors and gallery style wall fixtures for displaying artwork. Granite countertops and vessel sinks adorn every bathroom. Master bathroom offers double sinks, steam shower and walk-in closet. Custom-built oak cabinetry in every room, providing ample storage & a sense of craftsmanship that's hard to replicate. The heart of the home boasts commercial-grade appliances that cater to the culinary enthusiast. Natural light fills the large living room w/ stone fireplace & sliding glass doors out to the large deck for entertaining. Guest bedroom accommodates an office w/ custom built-in workspace. Large laundry on the main level complete w/ custom cabinetry, utility sink & Speed Queen W/D. Attached one-car garage accommodates your vehicle along w/ Tesla batteries for the solar panel system. Become self-sufficient & let the electric company pay you! Property has 400-amp service, three 1,000lb propane tanks (currently full), electric air filter system, reverse osmosis system and whole house generator. Primary & woodshop have central vac system. Adjacent to the primary, a detached building houses an impressive 2,000 sq ft professional woodshop built in 2015, ideal for woodworking enthusiasts or professionals looking to make an income. Being sold fully furnished w/ an appraised value of $30K in power equipment alone. Above, a 2,000 sq ft second dwelling awaits, offering a versatile open concept space with 2 beds/1 bath. This space could be utilized for guests, a studio, or a rental. Same custom cabinetry throughout, hickory hardwood floors, & a complete gym setup. Both homes have spray foam insulation, run w/ tankless hot water and water softeners. Utility room in studio offers full laundry setup & infrared sauna for that spa experience! Behind the home you'll find a heated 40x48 pole barn with 12' lean-to complete w/ spray booth, workshop & a Kubota tractor. An additional 2 car garage is also located on the property for further storage. Property has 2 working wells, 2 septic systems & ADT security systems.

Address:6473 Old Cuba Road Spencer IN 47460
Status:Active
on site: 252 days
Price:$1,290,000
Bedrooms:4 Beds
Bathrooms:3 Full Baths
Sq. Feet:3,236
Year Built:1974
Lot Size:27.31
County: Owen County
Township: Montgomery
School System : Spencer-Owen Community
MLS #:202330144
Property Type:Site-Built Home

Lot Dimensions:10
Lot Description:Irregular,Rolling,15+,Wooded
Directions:From Spencer travel N on 231 for 7.8 miles then turn left onto Rocky Hill Road. In 0.6 mile turn right onto Cuba Rd. Continue 2 miles & at the 4-way stop turn right onto Old Cuba Road. Continue for 0.6 mile to the property on left. Gated Entrance
Total Sq. Ft. :3,236
Garage:Attached
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
Master Bedroom 12 x 13 Main
2nd Bedroom 12 x 12 Main
3rd Bedroom 14 x 16 Upper
4th Bedroom 14 x 16 Upper
Kitchen 18 x 10 Info Not Available
Living Room 25 x 12 Info Not Available

Semi-Annual Property Tax:$1,430
Tax Year:2022 Taxes Already Paid in 2023
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Gosport

Total Sq. Ft.:3,236
Appliances:Dishwasher, Microwave, Refrigerator, Washer, Window Treatments, Air Purifier/Air Filter, Dryer-Electric, Freezer, Kitchen Exhaust Hood, Oven-Convection, Oven-Double, Range-Gas, Water Filtration System, Water Heater Tankless, Window Treatment-Blinds, Sauna, Solar Panels Owned
Exterior Features:Stone, Cement Board
Fuel:Electric, Propane, Forced Air
Fireplace(s):Living/Great Rm
Cool:Central Air, Multiple Cooling Units
Heat:Electric, Propane, Forced Air
Total Rooms:9
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  47460


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Listing provided courtesy of Corey Mauder with Century 21 Scheetz - Bloomington

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

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 188 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.