OFF MARKET

Off market feb 2015 for $395K

$747,589

•

3,980

sq ft

18320 Lochner Rd, Spencerville, IN 46788

About this home

This executive country home is beautiful, large & immaculate with stocked pond and mature perennial gardens on almost 4 acres. Walk-out lower level with private entrance and potential in-law or nanny suite. Sunny & bright throughout the finished 3,980 sq. ft. on all 3 levels, 4 bedrooms, 4 baths, den/office off main front entrance, bonus room above garage, family room in lower level, formal living room, dining room, large sunny breakfast nook, along with hickory floors and custom cabinetry. The roof, vents, flashing & waterproofing were updated in 2013. The huge 40x64 (2560 sq. ft. ) pole building with cement floors was previously used for business purposes. It has three 15' overhead doors with a pull-through set up and 200 amp service with water hookup. Sale includes: Refrigerator, Stove, washer, dryer, water softer, reverse osmosis.

Single-familyProperty Type

1998Year Built

3.5 acresLot Size

$188Est. Price/Sq.Ft.

2 car garageParking

Listed by Nicole Jannings • AMERICAN DREAM TEAM REAL ESTATE BROKERS INC

Bought with Frank Shepler • CENTURY 21 Bradley Realty, Inc

Redfin checked: 3 minutes ago

•Source:IRMLS #201437484

Redfin Estimate

$747,589

$353K since sold in February 2015$3,000 since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 31.9% higher than the average sale price ($567K) of 6 comparable homes.

SOLD JUL 21, 2026
$515,000
A
4 beds3.5 baths4,275 sq ft
15415 Amstutz Rd, Leo, IN 46765
SOLD JUN 8, 2026
$862,000
B
5 beds3.5 baths3,946 sq ft
18621 Amstutz Rd, Auburn, IN 46706
SOLD JUL 28, 2026
$649,900
C
3 beds2.5 baths4,128 sq ft
7833 Garman Rd, Auburn, IN 46706
SOLD AUG 14, 2026
$500,000
D
4 beds3 baths3,660 sq ft
14730 Greystone Ct, Leo, IN 46765
SOLD JAN 16, 2026
$415,000
E
4 beds4.5 baths4,179 sq ft
17614 Consta Verde Ln, Leo, IN 46765
SOLD AUG 26, 2026
$460,000
F
4 beds3.5 baths3,200 sq ft
14440 Settlers Trl, Leo, IN 46765

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Earn from this home

Sell

$468,593

Est. take-home

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Rent

$3,764/mo

Redfin rental estimate

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Market trends in 46788, IN

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

96.4%

2.6% MoM

Median sale price

$473K

$111K MoM

Avg. days on market

45d

25 days MoM

Recently sold homes

0 MoM

New listings for sale

OPEN SAT, 1PM TO 3PM
$925,000
4 beds3.5 baths3,830 sq ft
19233 Bishop Rd, Spencerville, IN 46788
See all

Provided by Redfin

Sale history for 18320 Lochner Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,071 (−1.8%)

$101,300 + $564,800

$666,100

2024

$6,182 (+23.7%)

$101,300 + $532,400

$633,700

2023

$5,000 (+27.7%)

$88,000 + $473,200

$561,200

2022

$3,915 (+0.2%)

$88,000 + $356,900

$444,900

2021

$3,906 (+1.8%)

$88,000 + $325,800

$413,800

2020

$3,838 (+13.7%)

$88,000 + $310,400

$398,400

2019

$3,375 (+3.2%)

$88,000 + $301,500

$389,500

2018

$3,269 (−3.0%)

$63,000 + $305,400

$368,400

2017

$3,368 (+0.1%)

$63,000 + $299,200

$362,200

2016

$3,363 (+5.6%)

$63,000 + $299,200

$362,200

2015

$3,184 (−9.2%)

$63,000 + $287,200

$350,200

2013

$3,505

$63,000 + $268,300

$331,300

Tax history for 18320 Lochner Rd

Year

Property tax

Land + Additions

Assessment*

2025

$6,071 (−1.8%)

$101,300 + $564,800

$666,100

2024

$6,182 (+23.7%)

$101,300 + $532,400

$633,700

2023

$5,000 (+27.7%)

$88,000 + $473,200

$561,200

2022

$3,915 (+0.2%)

$88,000 + $356,900

$444,900

2021

$3,906 (+1.8%)

$88,000 + $325,800

$413,800

2020

$3,838 (+13.7%)

$88,000 + $310,400

$398,400

2019

$3,375 (+3.2%)

$88,000 + $301,500

$389,500

2018

$3,269 (−3.0%)

$63,000 + $305,400

$368,400

2017

$3,368 (+0.1%)

$63,000 + $299,200

$362,200

2016

$3,363 (+5.6%)

$63,000 + $299,200

$362,200

2015

$3,184 (−9.2%)

$63,000 + $287,200

$350,200

2013

$3,505

$63,000 + $268,300

$331,300

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

3.75 Acres

Year renovated

1998

Sq. Ft.

4,240

Year built

1998

Style

Single Family Residential

County

Allen County

APN

020302300007000042

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 13, 2026.

Agricultural District

The Agricultural district is intended to permit a wide range of agricultural activities as well as limited types of low-density residential development and other uses customarily conducted in or associated with agricultural areas, and certain additional community-oriented uses.

Permitted uses

Include but are not limited to:

Dairy
Equestrian facility
Livestock production
Housing-Group
Housing-Single unit
Recreation
Neighborhood center
Agriculture-Cropland
Housing-Mobile home park
Timberland

Nov 15, 2017 • Final

Plumbing - residential

Replace the water heater.

Plumbing

Water heater

Oct 25, 2017 • Active

Heating - residential

Replace the furnace and air conditioning system.

HVAC

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 4
# of Main Level Bathrooms: 2

Heating & Cooling
Has Cooling
Cooling: Ceiling Fan(s), Central Air
Has Heating
Heating: Propane, Forced Air

Interior Features
Interior Features: Ceiling Fan(s)
Appliances: Disposal
Has Fireplace
Fireplace Features: Family Room

Room Information
# of Rooms Total: 7
Laundry Features: Electric Dryer Hookup, Main Level
Has Basement
Basement Details: Walk-Out Access

Exterior

Building Information
Above Grade Finished Area: 2,900
Below Grade Finished Area: 1,080
# of Stories Total: 2
Construction Materials: Vinyl Siding

Property Features
Accessibility Features: Therapeutic Whirlpool
Other Structures: Outbuilding

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Site-Built Home

Lot Information
Lot Features: Corner Lot
Lot Size Dimensions: 366 x 417
Lot Size Acres: 3.75

Financial

Tax Information
Tax Annual Amount: $3,020.84

Utilities

Utility Information
Water Source: Private, Well
Sewer: Septic Tank

Location

Schools Information
School District: East Allen County
Elementary School: Leo
Middle Or Junior School: Leo
High School: Leo

Location Information
Directions: Take HWY 1 (Leo Rd) North and turn left at Lochner Rd. (look for Ness Bros. directional signs). Follow to Garman Rd. where it T's off to the right to continue on Lochner Rd. Go up the hill and turn right at the mailboxes follow to end of drive.

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 4,240
Stories: 2.0
Lot Size: 3.75 acres
Style: Single Family Residential
Year Built: 1998
Year Renovated: 1998
County: Allen County
APN: 020302300007000042

Home facts updated by county records on Jul 13, 2026

Other

Listing Information
List AOR: Upstate Alliance of REALTORS

Around this home

Schools

Leo Elementary School

Public 4-6 • Assigned • 2.5mi

7/10

Leo Junior/Senior High School

Public 7-12 • Assigned • 2.7mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 17 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Spencerville, IN • 46788

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.7 hours in June and 3.2 hours in December, which is comparable to the U.S. average for solar exposure.

10.7 hrs

3.2 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$711,000 – $860,000

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Home values near 18320 Lochner Rd

Data from public records.

Address	Redfin Estimate
18234 Lochner Road, Spencerville, IN 3 Beds \| 3 Baths \| 2532 Sq. Ft.	$583,624
18318 Lochner Road, Spencerville, IN 3 Beds \| 2.5 Baths \| 3088 Sq. Ft.	$748,121

Address	Redfin Estimate
18630 Lochner Road, Spencerville, IN 4 Beds \| 2 Baths \| 2572 Sq. Ft.	$441,131
18512 Lochner Road, Spencerville, IN 3 Beds \| 3 Baths \| 2212 Sq. Ft.	$691,171

Address	Redfin Estimate
18322 Lochner Road, Spencerville, IN 4 Beds \| 2.5 Baths \| 2917 Sq. Ft.	$724,093
18214 Lochner Road, Spencerville, IN 4 Beds \| 2.5 Baths \| 1976 Sq. Ft.	$502,910

Property information provided by IRMLS when last listed in 2014. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 46788, IN

Sale history for 18320 Lochner Rd

Tax history for 18320 Lochner Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 46788

Home values near 18320 Lochner Rd

More real estate resources