1550 Park Hill Drive Spencer, IN $ 595,000
1550 Park Hill Drive
$ 595,000
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1550 Park Hill Drive

Spencer, IN, 47460
$ 595,000
Bedrooms4 Baths2.2 Sq 5,300

Monthly Estimate*

$ 3,757

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Single Family Home for sale in Spencer, IN

for $595,000 with 4 bedrooms and 2 full baths, 2 half baths. This 5,300 square foot home was built in 1976 on a lot size of 4.11.

Perched atop Park Hill Drive on 4.11 sprawling acres, this classic, stately brick residence has been cherished by a single owner and offers commanding views over downtown Spencer below. At 5,300 square feet, this 4 bedroom, 4 bath home blends timeless craftsmanship with everyday livability. From the brick walkways to the wainscotting, vaulted and beamed ceilings, hardwood floors, and crown molding, fine details are found throughout. Custom cabinetry, multiple built-ins, and two wood-burning brick fireplaces bring warmth and character to the home's gathering spaces. The 2,176-square-foot main level offers a room for every occasion, including a family room with a wet bar tucked neatly behind closet doors. Upstairs, an impressively large cedar-lined closet, four bedrooms include a private master suite with a full bath. Out back, a large brick patio offers exquisite views over downtown Spencer. The fully finished basement adds a half bath, recreation area, bar, and additional flex room. One-owner homes with this craftsmanship, acreage, and view are exceedingly rare in Owen County. This is a legacy property waiting for its next chapter.

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Single Family Active

Price

$ 595,000

Bedrooms

4

Full Bath

2

Half Bath

2

Property Type

Single Family

Taxes

$ 4,150

Style

Traditional

Lot Size

4.11

Year Built

1976

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202628541

Features
General
Sewer Septic
Heating Electric Heat Pump
Kitchen Level Main
Cooling Heat Pump
Laundry Y/N Main
Fireplaces Yes
Garage Attached
Amenities 1st Bdrm En Suite Adj to State/Natnl Forest Bar Built-In Bookcase Ceilings-Beamed Ceilings-Vaulted Countertops-Solid Surf Court-Basketball Crown Molding Dryer Hook Up Electric Garage Door Opener Land
Status Active Active
Full Baths 2
Half Baths 2
Bathrooms 4
Year Built 1976
New Construction No
Subdivision Park Hill Estates
Style Two Story
Township Washington
Class RESIDENTIAL
Type Site-Built Home
Age 50
REO No
Status Detail 0
Dining Room Level Main
Area Owen County
Location Rural Subdivision
High School Owen Valley
City Spencer
School District Spencer-Owen Community Schools
Architectural Style Traditional
Total Sq Ft 5300
Elementary School Spencer
Middle School Owen Valley
Legal Description PARK HILL ESTATES LOT 23 PARK HILL ESTATES LOT 24 PARK HILL ESTATES LOT 25
Virtual Tour https://youtu.be/kHe4GHlfktY
Agent First Name Samantha
Agent Last Name Carver
DOM 0
Tax Year 2026
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Interior
Basement Full Basement Finished
Fireplace(s) 2
Flooring Hardwood Floors Carpet Tile
Beds 4
Total Rooms 14
Dining Room Length 12
Dining Room Width 15
Breakfast Room Length 14
Breakfast Room Width 11
Fireplace Family Rm Basement
Family Room Width 31
Living Room Width 17
Other Room 1 Description Sunroom
Other Room 2 Description Office
Family Room Length 18
Living Room Length 14
Full Baths Main 0
Full Baths Upper 2
Above Grade Bedrooms 4
Below Grade Baths 1
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 1
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Upper
1st Bedroom Width 17
2nd Bedroom Length 13
2nd Bedroom Level Upper
2nd Bedroom Width 12
3rd Bedroom Length 13
3rd Bedroom Level Upper
3rd Bedroom Width 12
4th Bedroom Length 13
4th Bedroom Level Upper
4th Bedroom Width 14
Extra Room Description Other
Extra Room Length 28
Extra Room Level Basement
Extra Room Width 14
Rec Room Length 28
Rec Room Level Basement
Rec Room Width 17
Basement Material Block
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Exterior
Exterior Brick
Driveway Asphalt
Pool No
Garage Length 24
Garage Width 27
Lot Size Area 179032
Lot Dimensions 243X375
Lot Description 3-5.9999 Wooded
Fence None
Garage Capacity 2
Waterfront Y/N No
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* Excluded Features
List By
Samantha Carver

Listing Agent

Home Team Properties

Broker

scarver@homefinder.org

Email

Affordability Calculator

$4,103
Per Month
92%
8%
0%
Monthly Principal & Interest
$3,757
Monthly Property Taxes
$346
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/16/2026$595,000 Listed Price

Map


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1550 Park Hill Drive, Spencer, IN, 47460 is a Single Family Home for sale at $595,000 with 5,300 sqft and a lot size of 4.11. 1550 Park Hill Drive has 4 bedrooms, 2.2 baths, and was built in 1976. The property's zip code is 47460 which is in Spencer, IN