Skip to main contentSkip to navigation
1 / 16
Images
Map

Residential Land with Home for Sale in Spencer, Indiana

1120 Cedar Ln, Spencer, IN 47460

$124,900
2.5 acres
Active
ago
Est $719/mo

This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.

1,500
Sq feet
3
Beds
1
Full bath
1
1/2 bath
1994
Built

Location

Street address
1120 Cedar Ln
School district
Spencer-Owen Community Schools
Elevation
611 feet
Coordinates
39.1711, -86.7887

Directions

From Bloomington take Hwy 48 to Hwy 43. Take Hwy 43 to Left on Porter Ridge Road, Left on Switchboard Road and Right on Cedar Lane. follow to home on the left side of the street. Watch for Realtor signage and house numbers on mailbox.

Property details

Acreage
2.5 acres
MLS #
BMLS 202603470
Posted

Property taxes

Recent
$1,287

Parcels

  • 60-17-31-300-140.000-016

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Attached Garage, Garage

Structure

Style
Ranch
Stories
1
Heating
Electric, Forced Air
Roof
Asphalt

Interior

Room Count
7
Rooms
Bathroom x 2, Bedroom x 3, Dining Room, Great Room, Kitchen, Laundry, Living Room
Features
Deck Open, Dryer Hook Up Electric, Tub/Shower Combination, Water Heater Electric

Property utilities

CategoryTypeStatus
PowerGridAvailable
WaterPublicAvailable

Nearby schools

NameTypeDistrict
SpencerElementarySpencer-Owen Community Schools
Owen ValleyMiddleSpencer-Owen Community Schools
Owen ValleyHighSpencer-Owen Community Schools

Listing history

DateEventPriceChangeSource
Feb 4, 2026New listing$124,900BMLS
Subscribe to listing updates

Payment calculator

This 2.5-acre property is located at 1120 Cedar Ln in Spencer, IN 47460. The property is available for sale for $124,900. It has a 1,500 sq ft 3 bedroom, 1 bath house built in 1994.

Checked 2 hours ago — Updated

Report listing issue

Copyright (C) 2026 Indiana Uplands Realtor(R) Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Contact listing agent Rules
By submitting, I agree to the terms of use and to be contacted by real estate professionals. Message and data rates may apply.
Contact