279 E Franklin Street Spencer, IN $ 164,900
279 E Franklin Street
$ 164,900
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279 E Franklin Street

Spencer, IN, 47460
$ 164,900
Bedrooms3 Baths1.0 Sq 3,862

Monthly Estimate*

$ 1,015

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Single Family Home for sale in Spencer, IN

for $164,900 with 3 bedrooms and 1 full bath. This 3,862 square foot home was built in 1931 on a lot size of 0.2.

Situated at 279 E Franklin ST in SPENCER, IN, USA, this distinctive single-family residence, constructed in 1931, represents a truly compelling opportunity. It stands as an excellent prospect for discerning investors and also extends an inviting call to handy homeowners prepared to realize its full potential. Within this dwelling, the kitchen emerges as a particularly inviting space with dining a separate room adequately spaced. The residence extends across a substantial 2814 square feet of living area, thoughtfully distributed over 1.5 stories, providing considerable room for comfortable living. It comprises three well-appointed bedrooms, offering versatile accommodation options, complemented by a single full bathroom. Set upon an expansive 8712 square foot lot, the property provides ample outdoor space for various endeavors. This enduring structure, with its 1931 provenance, embodies a significant investment opportunity, appealing to those keen on property enhancement or portfolio expansion. This property ultimately presents a unique foundation for future aspirations, owner occupant and investors alike!

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Single Family Active

Price

$ 164,900

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 3,854

Style

Traditional

Lot Size

0.2

Year Built

1931

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22082415

Features
Interior
Interior Amenities Built-in Features Hardwood Floors Pantry WoodWorkStain/Painted Wood Work Stained
Basement Unfinished
Basement (Y/N) Y
Half Baths 0
Total Bedrooms 3
Below Grade Finished Area 0
Main Level Bedrooms 2
Total Baths 1
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General
Heating Forced Air
Cooling Central Air
Possession Closing
Appliances None
Garage Spaces 1
Architectural Style Traditional
Construction Materials Stone
Year Built 1931
Township Washington
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2024
County Owen
New Construction N
Property Type Residential
Subdivision Name Spencer
Garage Y/N Y
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
Disclosures BankOwned
High School District Spencer-Owen Community Schools
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 8712
Property Attached Y/N N
Current Financing Conventional FHA 203(k)
Middle/Junior High School Owen Valley Middle School
Standard Status Active
Tax Lot 21-22
Legal Description Spencer E 1/2 Lots 21 & 22
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Exterior
Parking Features Detached
Water Source Public
Foundation Details Block
Building Area Total 3862
Lot Size Acres 0.2
Horse Amenities None
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* Excluded Features
List By
Diverse Property Solutions Ind

Broker

sheila.hubbard@americanreosales.com

Email

Affordability Calculator

$1,336
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,015
Monthly Property Taxes
$321
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
4046820 Elementary School
4046639 Middle School
Owen Valley Community High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2026$164,900 Listed Price

Map


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279 E Franklin Street, Spencer, IN, 47460 is a Single Family Home for sale at $164,900 with 3,862 sqft and a lot size of 0.2. 279 E Franklin Street has 3 bedrooms, 1.0 baths, and was built in 1931. The property's zip code is 47460 which is in Spencer, IN