Beautiful 1/2 acre building lot in Thornridge Addition with all city amenities. City Water, Community Natural Gas, Town of Spencer Sewer and City maintained streets. The lot is mostly level with a steep incline to the back. The owner has already constructed a well-built retaining wall on the lot and its ready for construction of your dream home to begin. Thornridge has Covenants but no HOA fees. It's a very nice neighborhood full of well-maintained homes and great neighbors. The lot next door is available and would make a nice buffer between you and the adjacent property.
Owen Valley Community High School, Public District Grades 9-12
Owen Valley Middle School, Public District Grades 7-8
Spencer Elementary School, Public District Grades PK-6
Other
Directions Information:
Directions: South of Spencer .25 miles on US Hwy 231 to Thornridge subdivision. The property is on the right, where the city street turns into a private road.
Price Information
Listing Price Info
Price Summary:
List Price: $60,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Spencer, IN.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$367
Per Month
Principal & Interest
$300
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$246
Powered By
Advertisement
NMLS#3030
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
4
/10
Spencer Elementary School
151 E Hillside Ave
Distance between this listing and this school2.11 miles
Public District Grades PK-6
Middle School
6
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school1.26 miles
Public District Grades 7-8
High School
3
/10
Owen Valley Community High School
622 West Sr 46
Distance between this listing and this school1.28 miles
Public District Grades 9-12
Assigned Schools
4
/10
Spencer Elementary School
151 E Hillside Ave
Distance between this listing and this school2.11 miles
Public District Grades PK-6
Nearby Schools
7
/10
McCormick's Creek Elementary School
1601 Flatwoods Rd
Distance between this listing and this school4.74 miles
Public District Grades KG-6
10
/10
Stinesville Elementary School
7973 W Main St
Distance between this listing and this school8.01 miles
Public District Grades KG-5
Assigned Schools
6
/10
Owen Valley Middle School
626 W State Highway 46
Distance between this listing and this school1.26 miles
Public District Grades 7-8
Nearby Schools
5
/10
Edgewood Junior High School
851 W Edgewood Dr
Distance between this listing and this school8.75 miles
Public District Grades 6-8
5
/10
Tri-North Middle School
1000 W 15th St
Distance between this listing and this school14.86 miles
Public District Grades 7-8
Assigned Schools
3
/10
Owen Valley Community High School
622 West Sr 46
Distance between this listing and this school1.28 miles
Public District Grades 9-12
Nearby Schools
4
/10
Edgewood High School
601 S Edgewood Dr
Distance between this listing and this school8.69 miles
Public District Grades 9-12
6
/10
Bloomington High School North
3901 N Kinser Pike
Distance between this listing and this school13.92 miles
The neighbors living near this home have an average income of $40,183. The most common annual income of people living in Spencer, IN is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 752W Thornridge Way
What is the listing price of this property?
The listing price of 752W Thornridge Way property is $60,000.
What type of property is this?
The property 752W Thornridge Way is land located in Spencer, Indiana, 47460.
Is this property for sale now?
Active Listing: 752W Thornridge Way is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 752W Thornridge Way are: Spencer Elementary School: GreatSchools Rating 4/10Owen Valley Middle School: GreatSchools Rating 6/10Owen Valley Community High School: GreatSchools Rating 3/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 752W Thornridge Way in Spencer, IN and zip code 47460. It has been listed on Rocket Homes since September 26, 2024 and is currently priced at $60,000.
Over 0 listings were sold over their listed price in October 2024 in Spencer, IN. In the same period over 10 listings were sold below the listed price and 7 listings were sold for the listed price. The number of listings in Spencer, IN decreased by 7.4% between September 2024 and October 2024. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $277,500.
From Rocket Homes Real Estate and based on county public records data.