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Residential Land with Home for Sale in Spencer, Indiana

7114 Locust Lake West Dr, Spencer, IN 47460

$269,900
3 acres
Active
$30k drop
Est $1,527/mo

Motivated Sellers!!! Looking for a home on the lake? Take a look at this beauty!! 2 Bedroom, 2 Bath brick home with a full basement is situated on 2.93 acres right on Locust Lake. Home has a fenced in yard in the front for allowing pets and/or kids to be outside and not be around the lake. The home has an outside generator included. Also, in addition to the attached 2 car garage, there is a 12x16 shed, a 10x10 shed, and an 8x12 shed for additional storage needs. The screened in porch and deck overlooking the lake allows for taking advantage of relaxing or entertaining. Stairs from the back lead down to the dock and the lake. The inside of the home offers spacious living, including a full basement and a fireplace on each level. So many possibilities with this home!! Convenient location, non ski lake, easy access to main highway, and so much more.

2,928
Sq feet
2
Beds
2
Full baths
1965
Built

Location

Street address
7114 Locust Lake West Dr
Community
Locust Lake
School district
Spencer-Owen Community Schools
Elevation
761 feet
Coordinates
39.3938, -86.7797

Directions

Out of Spencer, take 231 North approx. 8 miles, turn left on Locust Lake Rd, approx 1 mile, turn right into Locust Lake, stay left on West Drive, property on the right.

Property details

Acreage
2.93 acres
MLS #
BMLS 202518255
Posted

Property taxes

Recent
$1,633

Expenses

Home Owner Assessments Fee
$825 annually

Parcels

  • 60-07-17-200-160.000-024

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Waterfront
Waterfront, Waterfront Boat Docking Rights, Waterfront Locust Lake
Features
Dock

Exterior

Parking
Attached Garage, Garage
Structures
Packing Shed, Shed(s)
Features
Assoc, Boat Docking Rights, Pier/Dock, Shed

Structure

Stories
1
Heating
Fireplace(s), Forced Air, Propane
Cooling
Central Air
Materials
Brick

Interior

Room Count
9
Rooms
Basement, Bathroom x 2, Bedroom x 2, Den, Dining Room, Family Room, Great Room, Kitchen, Laundry, Living Room
Appliances
Dryer
Features
Range-Gas, Refrigerator

Property utilities

CategoryTypeStatusDescription
GasPropaneConnected

Nearby schools

NameLevelDistrictDescription
SpencerElementarySpencer-Owen Community Schools
Owen ValleyMiddleSpencer-Owen Community Schools
Owen ValleyHighSpencer-Owen Community Schools

Listing history

DateEventPriceChangeSource
Oct 23, 2025Price drop$269,900$30,000 -10%BMLS
Sept 17, 2025New listing$299,900BMLS
Aug 14, 2025Listing removed$299,900Listing agent
July 17, 2025Price drop$299,900$24,100 -7.4%BMLS
June 24, 2025Price drop$324,000$5,000 -1.5%BMLS
May 24, 2025Price drop$329,000$20,900 -6%BMLS
May 17, 2025New listing$349,900BMLS
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This 2.93-acre property is located at 7114 Locust Lake West Dr in Spencer, IN 47460. The property is available for sale for $269,900. It has a 2,928 sq ft 2 bedroom, 2 bath house built in 1965.

Checked 1 hour ago — Updated

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