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$275,000   Price Analysis
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705 E Morgan St
Spencer, IN 47460
3 bed 2 bath 1,496 SqFt ($183/SqFt)
0.59 acre lot. Built 1966
Listed 2023-12-26, Taxes $1,235
USDA Eligible
near Spencer, IN
 

Versatile property on 0.59 acre in Spencer city limits on SR 46!

* No Longer For Sale *
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Charming brick ranch, spanning 1496 square feet w/ 3 bed/2 bath presents an exciting opportunity for both resdential living and entrepreneurial pursuits, as it is zoned for residential and commercial use. Entering the front foyer w/ ample closet space you are greeted by a sizeable living room, perfect for family gatherings and relaxation. The formal dining room with new LVP flooring provides an ideal space for entertaining guests that opens into the three seasons room with its c harming brick floor and abundance of natural light.

The kitchen featuring cherry cabinetry, sleek solid surface countertops and updated stainless-steel appliances. The attached two-car garage comes complete with built-in cabinets and attic storage. The property boasts a fenced-in backyard, creating a secure haven for both children & pets to play. The low-maintenance brick exterior, large front porch and new roof contribute to the property's curb appeal and durability. Updates in this well-maintained home, including a recently installed HVAC system, new windows, & a walk-in shower in the master bath. Whether you're drawn to the prospect of a charming family residence or seeking a prime location for your business, this property offers a rare and exciting opportunity.


Presented by Corey Mauder at
CENTURY 21 Scheetz.
Listing Agent Photo

Property MLS #202345480 from IRMLS

Bedrooms: 3
Bedroom 1 Dimensions: 16 x 10
Bedroom 2 Dimensions: 12 x 10
Bedroom 3 Dimensions: 11 x 10
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 6
Extra Room-1 Dimensions: 15 x 15
Living Room Level: Main
Basement Description: Slab
Extra Room-1 Description: Three Seasons Room

Total Bathrooms: 2 / 0
Full Bathrooms: 2
Full Bathrooms On Main Level: 2

Cooling Features: Central Air
Heating Features: Gas, Forced Air
Ceiling Fan

Furnished Description: Dishwasher, Refrigerator, Washer, Window Treatments, Dryer-Electric, Range-Electric, Water Heater Electric
Flooring: Carpet, Vinyl

Dining Room Dimensions: 17 x 11
Dining Room Level: Main
Kitchen Dimensions: 11 x 12
Kitchen Level: Main

Aluminum
Brick
Fencing: Chain Link

Lot Description: Corner, Level, 0-2.9999
Lot Size Acres: 0.59
Lot Size Dimensions: 10x10
Lot Size Square Feet: 25700

Driveway: Concrete
Garage Spaces: 2
Garage Description: Attached
Garage Dimensions: 26 x 21
Garage Sqft: 546

Elementary School: Spencer
High School: Owen Valley
Middle School: Owen Valley
School District: Spencer-Owen Community Schools

Owen Valley Community High School is a public high school located approximately 1.5 miles away.
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La Campagne Christian Prep School is a private elementary, middle and high school located approximately 0.3 miles away.
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Spencer Elementary School is a public elementary school located approximately 0.4 miles away.
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Owen Valley Middle School is a public middle school located approximately 1.5 miles away.
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Community Features: Attic Pull Down Stairs, Attic Storage, Ceiling Fan(s), Countertops-Solid Surf, Detector-Smoke, Disposal, Foyer Entry, Garage Door Opener, Porch Covered, Porch Enclosed, Stand Up Shower, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry

Annual Tax Amount: 2808
Source Listing Status: Sold
County: Owen County
Directions: From Bloomington take SR 46 West to Spencer, as you enter city limits turn right onto N Fairview Ave, first driveway on your right.
Source Property Type: RESIDENTIAL
Parcel Number: 60-10-21-300-400.109-028
Property Location: City/Town/Suburb
Township: Washington
Property Subtype: Site-Built Home
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$124,500 + $35,100
$159,600
$1,235
2020$114,900 + $35,100
$150,000
$1,211
2019$104,000 + $35,100
$139,100
$1,187
2018$96,300 + $35,100
$131,400
$1,164
2017$93,000 + $60,600
$153,600
$1,374
2017$85,800 + $60,600
$146,400
$1,374
2016$92,000 + $60,600
$152,600
$1,441
2015$90,100 + $60,600
$150,700
$2,354
2013$89,100 + $60,700
$149,800
$1,498
2012$87,000 + $60,700
$147,700
$1,873
2011$90,000 + $65,500
$155,500
$1,981
2010$94,000 + $65,500
$159,500
$2,094
2008$102,000 + $63,100
$165,100
$2,209

Sold 2024-05-03
$250,000
IRMLS
Price Changed 2024-02-27
$275,000
IRMLS
Sold 2024-01-12
$325,000
Public Record
Listed 2023-12-26
$285,000
IRMLS
Sold 2016-05-05
$140,000
Public Record
Listing removed 2016-04-29
$149,900
Bloomington
Listed 2016-04-11
$149,900
Bloomington

Total Square Feet Living: 1496
Year Built: 1966
Above Grade Finished Area: 1496
Construction Materials: Poured Concrete
Property Age: 58
Roof: Shingle
Levels or Stories: 1
House Style: One Story
Total Area Sqft: 1496
Architectural Style: Ranch

Sewer: City
Water Source: City

Green Energy Efficient: Enrgy Effcnt Win/Doors: Double Pane Windows

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.