27 days on rocket

7266 Locust Lake W Dr, Spencer, IN, 47460

$269,000

Home List Price

$3,194*

Closing Credit

3 Bedrooms
2 Full Baths
1,776 SqFt
$151/SqFt
House

Location

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7266 Locust Lake W Dr, Spencer$269,000

Buyer Closing Credits

$3,194*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1965
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceDining Room, Woodburning Fireplce
MLS #22005021
Lot Size0.32 Acres
StatusActive

About 7266 Locust Lake W Dr

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.

Property Details

Property Features

Property Information:

  • Architectural Style: TraditonalAmerican
  • Year Built: 1965
  • Living Area: 1,776 SqFt

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: cmauder@c21scheetz.com
  • Listing Agent: Corey Mauder

Interior Features

Interior Information:

  • Appliances: Microwave, Refrigerator, Washer, Dryer, Gas Oven, Electric Water Heater
  • Basement: Yes
  • Interior: Attic Pull Down Stairs, Paddle Fan
  • Fireplace: Dining Room, Woodburning Fireplce

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Lot Features

Lot Information:

  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Owen Valley Community High School, Public District Grades 9-12
  • Owen Valley Middle School, Public District Grades 7-8
  • Gosport Elementary School, Public District Grades KG-6

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $269,000
  • Price Per SqFt: $151/SqFt

HOA Fees:

  • Amount: $435
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Spencer, IN.

Med. Sold Price

$277.5K

Med. Price/SqFt

$153

Avg. Days On Market

37

# of Sold Homes

17

7266 Locust Lake W Dr vs Spencer

27 DAYS ON ROCKET

-10 Days

$269,000

-$8.5K Less

$151/SqFt

-$2 Less

KEY TAKEAWAY

This property is $8.5K less than the Median Sold Price and $2/SqFt less than other homes in Spencer, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22005021

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: cmauder@c21scheetz.com
  • Listing Agent: Corey Mauder

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/31/2024, 11:16:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2019 - $72,400

History based on county public records data.

Payment Calculator

$1,446

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$873

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-904293
6
/10
  • Gosport Elementary School

  • 9th St

  • 6.59 miles

  • Public District Grades KG-6

Middle School

school-card-donut-904294
6
/10
  • Owen Valley Middle School

  • 626 W State Highway 46

  • 7.33 miles

  • Public District Grades 7-8

High School

school-card-donut-904295
3
/10
  • Owen Valley Community High School

  • 622 West Sr 46

  • 7.36 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,158. The majority of Spencer, IN residents have income between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7266 Locust Lake W Dr

What is the listing price of this property?

The listing price of 7266 Locust Lake W Dr property is $269,000.

What type of property is this?

The property 7266 Locust Lake W Dr is a house located in Spencer, Indiana, 47460.

Is this property for sale now?

Active Listing: 7266 Locust Lake W Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7266 Locust Lake W Dr are:
Gosport Elementary School: GreatSchools Rating 6/10
Owen Valley Middle School: GreatSchools Rating 6/10
Owen Valley Community High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 7266 Locust Lake W Dr has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7266 Locust Lake W Dr is 1,776 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7266 Locust Lake W Dr is 1965.

Rocket HomesIndianaOwen CountySpencer474607266 Locust Lake W Dr

This home is located at 7266 Locust Lake W Dr in Spencer, IN and zip code 47460. This 1,776 square foot home, which was built in 1965, sits on a 0.32 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $269,000.

While more than 3 listings in Spencer, IN in September 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 12 were sold below. Between August 2024 and September 2024, Spencer, IN real estate market has seen increase in the number of listings by 29.6%. While the average time on the market in September 2024 was 37 days, the median list price was $277,500.

From Rocket Homes Real Estate and based on county public records data.

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