
Residential Land with Home for Sale in Spencer, Indiana
1120 Cedar Ln, Spencer, IN 47460
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.
Location
- Street address
- 1120 Cedar Ln
- County
- Owen County
- School district
- Spencer-Owen Community Schools
- Elevation
- 611 feet
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
| Category | Type | Status |
|---|---|---|
| Power | Grid | Available |
| Water | Public | Available |
Nearby schools
| Name | Type | District |
|---|---|---|
| Spencer | Elementary | Spencer-Owen Community Schools |
| Owen Valley | Middle | Spencer-Owen Community Schools |
| Owen Valley | High | Spencer-Owen Community Schools |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 4, 2026 | New listing | $124,900 | — | BMLS |















