2 months on rocket

Sale Pending

7266 Locust Lake W Dr, Spencer, IN, 47460

$259,000

Home List Price

$3,076*

Closing Credit

3 Bedrooms
2 Full Baths
1,776 SqFt
$146/SqFt
House

Location

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7266 Locust Lake W Dr, Spencer$259,000

Buyer Closing Credits

$3,076*

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
StatusSale Pending
(Pending)

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

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,000
  • Price Per SqFt: $146/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

$285K

Med. Price/SqFt

$153

Avg. Days On Market

40

# of Sold Homes

15

7266 Locust Lake W Dr vs Spencer

78 DAYS ON ROCKET

+38 Days

$259,000

-$26K Less

$146/SqFt

-$7 Less

KEY TAKEAWAY

This property is $26K less than the Median Sold Price and $7/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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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:46:49 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

$1,396

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$843

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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.

Nearby Schools

school-card-donut-816200
6
/10
  • Gosport Elementary School

  • 9th St

  • 6.59 miles

  • Public District Grades PK-6

school-card-donut-816201
4
/10
  • Spencer Elementary School

  • 151 E Hillside Ave

  • 7.31 miles

  • Public District Grades PK-6

school-card-donut-816202
6
/10
  • Cloverdale Elementary School

  • 311 E Logan St

  • 8.20 miles

  • Public District Grades PK-4

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. The most common level of education of people living in this area is high school diploma.

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 $259,000.

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?

Sale Pending: 7266 Locust Lake W Dr is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

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 $259,000.

Spencer, IN housing market in November 2024 saw over 3 listings sold above listed price, more than 6 sold at listed price and over 6 sold below. In November 2024 in Spencer, IN there were 3.3% less homes for sale than in October 2024. In November 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $285,000.

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

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