Last Sold Price
435,600 Lot Size10 Acres
7477 Locust Lake Rd, Spencer, IN 47460

Description

The perfect building site in a country setting. This is a secluded 10 acre tract of land on a paved road in Owen County. It features a 2 acre building site, ready for your dream home, as well as 8 acres of mature forest. The wooded portion is in an optional transferable forestry program that gives a significant tax break. This has a beautiful 50x62 barn with a partial concrete floor, electrical, 6x6 post frame construction, plywood exterior with metal siding and a shingled roof. Also has a 15x62...The perfect building site in a country setting. This is a secluded 10 acre tract of land on a paved road in Owen County. It features a 2 acre building site, ready for your dream home, as well as 8 acres of mature forest. The wooded portion is in an optional transferable forestry program that gives a significant tax break. This has a beautiful 50x62 barn with a partial concrete floor, electrical, 6x6 post frame construction, plywood exterior with metal siding and a shingled roof. Also has a 15x62 implement shed attached.
LISTING CLOSED: 08/25/2021 12:00 AM

  1. Listed by Tyler W. Cox • RE/MAX Cornerstone
    P: (765)-247-9445 C: (765)-247-9445 tylercoxrealestate@gmail.com
  2. Listed by Nicole Stanley • RE/MAX Cornerstone
    P: (765)-720-2657 C: (765)-720-2657 nicole@tylercoxteam.com

Property Details for 7477 Locust Lake Road

Status
MLS #
21779617
Days on Market
52
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Residential Lots
Year Built
-
Lot Size
10.00 AC
Subdivision Name
NO SUBDIVISION
Township
Jennings
Zoning
agricultur

Location

Listing Courtesy of RE/MAX Cornerstone

Sold By Non-BLC Office

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Building Information for 7477 Locust Lake Road

Building Size-Lot Size10.00 AC

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$908 per month

30 year fixed, 6.55% Interest

Principal and Interest

$762

Property Taxes

$146

HOA Dues

$0

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Property Information for 7477 Locust Lake Road

Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: Head south on US Hwy 231, approx. 18 miles south, turn right onto Busch Rd., in 1.4 miles, turn left onto Locust Lake Rd at T. Property is approx. 1/4 mile on the right.
  • Postal Code: 47460
  • Road Access: CountyRd,Frontage Road
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Level,Pasture
Taxes and HOA Information
  • Parcel Number: 0
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: OtherTaxExemption/See Remarks
  • Tax Year: 2021
Property
Lot Information
  • Acreage: 10-20 Acres
  • Current Use: Agricultural
  • Land Characteristics: Rural,Rural Not in Subdivision,Mature Trees,Small Trees,Wooded
  • Lot Number: 0
  • Lot Size: 435,600
  • Lot Size Acres: 10.0
  • MLS: MIBOR
  • New Construction: False
  • Number Of Lots: 1
  • Other Structures: Barn(s)
  • Possible Use: Agricultural, Residential
  • SqFt Main Upper: 0
  • Sq Ft Total: 0.0
Property and Assessments
  • Affected by Disclosures: 0
  • Development Status: Plat Designed
  • Documents: Aerial Photo
  • Photos Count: 7
  • Present Zoning: Agricultur
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Asphalt
  • SaleTerms: Cash
  • Type: AgricLand
  • Transaction Type: Sale
Utilities
  • Facilities Near: Cable
  • Facilities On: Electric
  • Sewer: Septic Needed
  • Solid Waste: 0
  • Water: NotApplic
Interior and Exterior Features
Exterior Features
  • Improvements: SeeRemarks
Room Information
Room Information
  • Rooms MU: 0
  • Rooms Total MU: 0
  • Total Rooms: 0
Bathrooms
  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total Count: 0
  • Full Baths MU: 0
  • Half Baths MU: 0
Bedrooms
  • Beds MU: 0
  • Bedrooms MU: 0
  • Bedrooms Total: 0

Property History for 7477 Locust Lake Road

DateEvent & SourcePriceAppreciation
Aug 25, 2021

Sold

MIBORMLS #21779617

$149,900
Jun 11, 2021

Pending

MIBORMLS #21779617

Apr 21, 2021

Listed (Active)

MIBORMLS #21779617

$159,900
DateEvent & SourcePrice
08/25/2021

Sold

MIBORMLS #21779617

$149,900
06/11/2021

Pending

MIBORMLS #21779617

04/21/2021

Listed (Active)

MIBORMLS #21779617

$159,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 7477 Locust Lake Road

Taxable ValueLand$25,300Additions$225,300Total$250,600
Tax Record2025$1,751 ($146 / month)
Home Facts
Beds0Baths2Total Finished SqFt3,240 SqFtAbove Grade Finished SqFt3,240 SqFtStories2Lot Size507,910 SqFtStyleSingle Family ResidenceYear Built2021Year Renovated2021CountyOWENAPN60-07-07-304-110.002-021

Schools near 7477 Locust Lake Road

This home is within Cloverdale Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Cloverdale Elementary School
PublicPK to 4

Cloverdale Middle School
Public5 to 8

Cloverdale High School
Public9 to 12

Cloverdale Distance Learning Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7477 Locust Lake Road, Spencer, IN 47460
$149,900
435,600
4
2
1,930
217,800
2
1
1,300
43,560
$68,000
3
2.5
2,640
386,377
$320,000
2
1
2,800
274,428
2
1
2,357
648,173

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Cornerstone

Based on information submitted to the MLS GRID as of 08/29/2021 12:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ 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 data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.