1120 Cedar Lane Spencer, IN $ 114,900
1120 Cedar Lane
$ 114,900
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1120 Cedar Lane

Spencer, IN, 47460
$ 114,900
Bedrooms3 Baths1.1 Sq 1,500

Monthly Estimate*

$ 707

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View a Virtual Tour

Single Family Home for sale in Spencer, IN

for $114,900 with 3 bedrooms and 1 full bath, 1 half bath. This 1,500 square foot home was built in 1994 on a lot size of 2.5.

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.

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Single Family Active

Price

$ 114,900

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 1,286

Style

Ranch

Lot Size

2.5

Year Built

1994

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202603470

Features
General
Sewer Septic
Heating Electric Forced Air
Kitchen Level Main
Cooling None
Laundry Y/N Main
Fireplaces No
Garage Attached
Amenities Deck Open Dryer Hook Up Electric Tub/Shower Combination
Status Active Active
Full Baths 1
Half Baths 1
Bathrooms 2
Year Built 1994
New Construction No
Subdivision None
Style One Story
Township Clay
Class RESIDENTIAL
Type Site-Built Home
Age 32
REO Yes
Status Detail 0
Common Amenities None
Dining Room Level Main
Area Owen County
Location Rural
High School Owen Valley
City Spencer
School District Spencer-Owen Community Schools
Architectural Style Ranch
Total Sq Ft 1500
Elementary School Spencer
Middle School Owen Valley
Legal Description Pt NE SW S31 T9 R3 2.50 acres
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202603470
Agent First Name Ronita
Agent Last Name Walcott
DOM 99
Tax Year 2025
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Interior
Basement Crawl
Flooring Other
Beds 3
Total Rooms 7
Dining Room Length 15
Dining Room Width 12
Fireplace None
Living Room Width 18
Living Room Length 15
Full Baths Main 1
Full Baths Upper 0
Above Grade Bedrooms 3
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 10
2nd Bedroom Length 12
2nd Bedroom Level Main
2nd Bedroom Width 15
3rd Bedroom Length 10
3rd Bedroom Level Main
3rd Bedroom Width 12
Basement Material Block
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Exterior
Exterior Vinyl
Driveway Gravel
Pool No
Garage Length 30
Garage Width 24
Lot Size Area 108900
Lot Dimensions irregular
Lot Description Irregular Partially Wooded Rolling Slope Wooded
Fence None
Water Features None
Garage Capacity 2
Waterfront Y/N No
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* Excluded Features
List By
Ronita Walcott

Listing Agent

Evergreen Real Estate & Auctions

Broker

rwalcott@homefinder.org

Email

Affordability Calculator

$815
Per Month
87%
13%
0%
Monthly Principal & Interest
$707
Monthly Property Taxes
$107
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1236904 Elementary School
1236321 Middle School
Owen Valley High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$114,900 -4.17% Price Down
2/28/2026$119,900 -4.00% Price Down
2/4/2026$124,900 Listed Price

Map


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1120 Cedar Lane, Spencer, IN, 47460 is a Single Family Home for sale at $114,900 with 1,500 sqft and a lot size of 2.5. 1120 Cedar Lane has 3 bedrooms, 1.1 baths, and was built in 1994. The property's zip code is 47460 which is in Spencer, IN