Loan Price
$1,494
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$259,000 ↓$10,000on 11/11/2024
7266 Locust Lake West Drive Spencer, IN 47460
- 3 Beds
- 2 Baths
- 1,776 sq. Ft
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Property Description for 7266 Locust Lake West Drive Spencer, IN 47460
Charming Lakefront Sandstone Ranch in Locust Lake Community! Nestled in the serene Locust Lake community north of Owen County & just minutes from I-70, this meticulously maintained lakefront sandstone ranch offers a perfect blend of comfort & beauty. Move-in ready home boasts a layout w/ an open-concept living, dining, & kitchen, ideal for entertaining & family gatherings. A floor-to-ceiling stone fireplace w/ a wood-burning insert adds warmth & character to the dining room. Total of 1,776 sq ft, 3 beds & 2 full baths. The lower level features a family room w/ walkout basement, large master bedroom, one full bath & a designated laundry room. A two-car attached garage w/ attic storage provides ample space for vehicles and storage. Property has seen numerous recent upgrades, including new HVAC system, roof, well pump, sump pump, dock, & covered deck at the back of the home. Enjoy great fishing on the electric motor-only lake. The community offers an affordable HOA w/ annual fees under $450. Located just down the road from Cataract Falls/Lake & McCormick's Creek State Park, it's a dream come true for outdoor enthusiasts.
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Address:7266 Locust Lake West Drive Spencer IN 47460
Status:Active
on site: 70 days
Price:$259,000
Bedrooms:3 Beds
Bathrooms:2 Full Baths
Sq. Feet:1,776
Year Built:1965
Lot Size:0.32
County: Owen
Township: Montgomery
MLS #:22005021
Property Type:Single Family Residence
Lot Dimensions:13939
Water Source:Private Well
Directions:GPS Friendly
Main Level Sq. Ft. :888
Total Sq. Ft. :1,776
Basement:Yes
| Date | Old Price | New Price | Percent Change |
| 11/11/24 | $269,000 | $259,000 | -3.72% |
| 10/23/24 | $279,000 | $269,000 | -3.58% |
| Room | Size | Level |
| Living Room | 16x11 | Main |
| Dining Room | 11x10 | Main |
| Kitchen | 14x12 | Main |
| Laundry | 11x11 | Basement |
| Primary Bedroom | 15x11 | Basement |
| Bedroom 2 | 12x11 | Main |
| Bedroom 3 | 12x9 | Main |
| Family Room | 25x16 | Basement |
Semi-Annual Property Tax:$210
Tax Year:2023
Mandatory HOA Fee:$435
HOA Fee Paid:Annually
High School:Owen Valley Community High School
Middle School:Owen Valley Middle School
Elementary School:Gosport Elementary School
Total Sq. Ft.:1,776
Interior Features:Attic Pull Down Stairs, Paddle Fan
Eating Area(s):Formal Dining Room
Appliances:Microwave, Refrigerator, Washer, Dryer, Gas Oven, Electric Water Heater
Exterior Type:Stone
Fireplace(s):Dining Room, Woodburning Fireplce
Cool:Central Electric
Heat:Forced Air, Gas
Water Heater:Microwave, Refrigerator, Washer, Dryer, Gas Oven, Electric Water Heater
Total Rooms:7
Tucker Customer Care
Additional Phone (317) 954-4768
Email customerservice@talktotucker.com
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Listing provided courtesy of Corey Mauder with CENTURY 21 Scheetz from MIBOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/03/2024 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 1037 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.