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547 Wesley Chapel Road

547 Wesley Chapel Road, Spencer, IN 47460
Property in Montgomery
Sold Nov 23, 2020
$257,700
$206,150 by Approved Mortgages Inc
Mortgage Due Dec 01, 2050
Sold Apr 09, 2020
$227,800
$182,250 by Owen County State Bank
Mortgage Due Apr 01, 2050
547 Wesley Chapel Road in Spencer, IN was first built in 1930 and is 94 years old. Although, the building on the property was most recently renovated and altered in 2015. This has been categorized as a residential property type. It is a single story home. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 547 Wesley Chapel Road has 2,424 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 784 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 327,136 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a detached garage. The garage is 720 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 547 Wesley Chapel Road was last sold in Nov 18, 2020 for $257,700. According to our calculations, that's $106.31 per sqft. Prior to that sales transaction, the property was sold for $227,800 in Mar 31, 2020. Current property owners are expected to pay $2,432 in taxes per year. The property on 547 Wesley Chapel Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $317,600. To break that down further, the land itself was valued at $48,600. While improvements to the property were assessed at a total of $269,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2015
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Partial basement
  • Basement Area: 784
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 327,136
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,424
  • Building Area: 2,424
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: GREENE ACRES DEVELOPMENT
  • Land Acres: 7.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W 1/2 SW SW S21 T11 R3 7.51A

Ownership

  • Current Owner : MADISON ROBERT
  • Current Owner 2: MADISON JENNIFER
  • Previous Owner : BRYANT KEVIN MATTHEW
  • Previous Owner 2: BRYANT AMANDA KAY
  • Owner Before Previous Owner: ST JOHN JR MICHAEL
  • Owner Before Previous Owner 2: ST JOHN JAMIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Spencer-Owen Community Schools
  • Census Tract: 955500

Geography

  • Assessors Map Reference: MP 21-10
  • Account Number: 600721300260000024
  • District: 0009
  • Section: 21
  • Subdivision Tract Number: 1
  • Parcel: 60-07-21-300-260.000-024
  • Meridian: SEC 21 TWN 11 RNG 3
  • Municipality: MONTGOMERY TOWNSHIP
  • Latitude: 39.3701
  • Longitude: -86.7599

    Address

  • Full Address: 547 Wesley Chapel Rd
  • Address - House Number: 547
  • Address - Street Name: Wesley Chapel
  • Address - Suffix Type: Rd
  • State: IN
  • City Name: Spencer
  • Carrier Code: R002
  • 4-Digit Zip Code: 5701
  • Zip Code: 47460

Valuation

    Tax

  • Total Area: 3,208
  • Tax Year: 2023
  • Tax Amount: $2,432
  • Tax Rate Code Area: 24:MONTGOM

    Appraisal Valuation

  • Standard Deviation: 0.2096
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 338,590
  • High Value: 409,582
  • Low Value: 267,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,150
  • First Open Lien Mortgage Lender: APPROVED MORTGAGES INC
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Loan Amount: $206,150
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $317,600
  • Market Land Value: $48,600
  • Market Improvement Value: $269,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $317,600
  • Assessed Land Value: $48,600
  • Assessed Improvements Value: $269,000

    Sales

  • Current Sale Contract Date: Nov 18, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11802525941
  • Current Sale Price: $257,700
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 222635
  • Previous Sale Recording Date: Apr 09, 2020
  • Previous Sale Contract Date: Mar 31, 2020
  • Previous Sale Amount: $227,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: APPROVED MORTGAGES INC
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $206,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: OWEN COUNTY STATE BANK
  • Previous Mortgage Transaction Date: Apr 09, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $182,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Owen



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Frequently Asked Questions

What neighborhood is 547 Wesley Chapel Road located in?
The 547 Wesley Chapel Road is a located in the neighborhood of Montgomery in Owen, Spencer.
What is the average sales price for listings in 547 Wesley Chapel Road?
The average sales price for units in 547 Wesley Chapel Road is $0 currently.

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