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Residential Land with Home for Sale in Spencer, Indiana

1845 S US 231 Hwy, Spencer, IN 47460

$388,900
3.73 acres
Active
$6k drop
Est $2,003/mo

Remodeled home on 3.731 acres. This home has been renovated inside and out. Large eat-in kitchen with island, tons of cabinetry and new stainless appliances, 2 bedrooms on main level, with one being primary bedroom suite, 3rd bedroom on upper level that is 18x11 ,laundry on main, living room goes out onto covered front porch. The dry basement could be finished out and offers a fourth bedroom area. 28x24 detached garage and a second detached garage 14x38 that would make for great storage for motor home or boat with the extra overhead door height. Plenty of space for garden, recreation and possible extra build site. Located just a couple of miles out of town.

1,517
Sq feet
2
Beds
2
Full baths
1948
Built

Location

Street address
1845 S US 231 Hwy
School district
Spencer-Owen Community Schools
Elevation
550 feet
Coordinates
39.2646, -86.7919

Directions

Take US Hwy 231 south out of Spencer, watch for property on right.

Property details

Acreage
3.731 acres
MLS #
BMLS 202544292
Posted

Property taxes

Recent
$1,167

Parcels

  • 60-10-31-200-220.000-027

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Exterior

Parking
Detached Garage, Garage
Features
2 nd Detached Garage

Structure

Style
New Traditional
Stories
1
Heating
Natural Gas
Cooling
Central Air

Interior

Room Count
6
Rooms
Basement, Bathroom x 2, Bedroom x 2, Family Room, Great Room, Kitchen, Living Room
Appliances
Electric Range, Range
Features
Dishwasher, Refrigerator

Property utilities

CategoryTypeStatus
GasNatural GasConnected

Nearby schools

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

Listing history

DateEventPriceChangeSource
Feb 5, 2026Price drop$388,900$6,000 -1.5%BMLS
Oct 31, 2025New listing$394,900BMLS
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This 3.731-acre property is located at 1845 S US 231 Hwy in Spencer, IN 47460. The property is available for sale for $388,900. It has a 1,517 sq ft 2 bedroom, 2 bath house built in 1948.

Checked 2 hours ago — Updated

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