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$997,500

6473 Old Cuba Road Spencer, IN  47460

  • 2 Beds
  • 2 Baths
  • 3,436 sq. Ft
EXPLORE TUCKER LUXURY

Property Description for 6473 Old Cuba Road Spencer, IN 47460

Opportunity for a multi family or investment buyer! This property offers a completely remodeled ranch home, a 40x50 barndominium (a pole barnhouse with major garage space below!) another pole barn garage with drive through 2 car garage doors and a three sided enclosed lean to, & det 2 car garage for even more storage. The main house offers over 1,200 sq. ft. with a partial basement/crawlspace access to utilities including a tankless water heater system. There is also a 400 amp service and Tesla solar collection system. Also a reverse osmosis water system, two stage hvac, spray foam insulation and a full sized generator. Inside the home you will find the art of a master woodworker, handcrafted custom cabinetry throughout, thoughtful storage options and beautiful hardwood floors. The living room offers a gas log fireplace, large windows facing woods in the back. The kitchen is quite large and accommodating with multiple commercial grade appliances. The primary suite offers a steam shower, dual vanity sinks & walk in closet. A cobblestone patio on the front w/ native plantings, and on the back is a large wood deck. The pole barn house is 40x50 and offers a 2,000 sq.ft. studio space of 2 bedrms, a full bath, kitchen and living dining area. It has it's own laundry utilities and built in sauna. Even this space has been handcrafted w /custom cabs, specialty storage & hardwood flrs. It has its own septic, well and home security. The garage space is currently a wood shop. Oversized garage door great for vehicle storage, mechanic shop or an amazing hobby garage. The second pole barn building has storage & a spray room for projects. Potential to add a lake or pond, clear for horse, have rental income potential while building a dream home somewhere on the 27 acres. Great hunting and adjacent to state forest. Someone could build a home with a geo thermal pond. Owned solar panels on the property, significant bill decrease. High speed internet.

Address:6473 Old Cuba Road Spencer IN 47460
Status:Active
on site: 69 days
Price:$997,500
Bedrooms:2 Beds
Bathrooms:2 Full Baths
Sq. Feet:3,436
Year Built:1974
Lot Size:27.31
County: Owen
Township: Montgomery
MLS #:22005196
Property Type:Single Family Residence

Lot Dimensions:1189624
Lot Features:Rural - Not Subdivision, Mature Trees, Wooded
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :3,236
Total Sq. Ft. :3,436
Basement:Yes

Loan Price
$5,836
Price And Interest $5,203/month
Property Tax $217/month
MTG INS $0/month
HOME INS $416/month
Price
$997,500
Down Payment %
0 %
Down Payment
$0
Property Taxes
$217/month
Home Owner Insurance
$4,992 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

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

Semi-Annual Property Tax:$1,302
Tax Year:2023
Mandatory HOA Fee:$

Area: 6006 - Owen - Montgomery
City:Spencer
Subdivision: Owen Co
Zip Code:47460

High School:Owen Valley Community High School
Middle School:Owen Valley Middle School

Total Sq. Ft.:3,436
Interior Features:Hardwood Floors, Eat-in Kitchen, Walk-in Closet(s)
Interior Area(s):Bedroom Other on Main, Laundry in Unit, Utility Room
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, Barn Storage, 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:8
EXPLORE TUCKER LUXURY
Amanda Richardson, REALTOR®/Broker, F. C. Tucker Company
Amanda Richardson
Phone (812) 345-3042
Additional Phone (812) 336-7300
F.C. Tucker Company

Listing provided courtesy of Amanda Chitwood-Richardson with F.C. Tucker/Bloomington, REALT from MIBOR as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/02/2024 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

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 2091 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.