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

Spencer, IN, 47460
$ 595,000
Bedrooms4 Baths2.2 Sq 5,400

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 5,400 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

22113722

Features
Interior
Interior Amenities Built-in Features Ceiling Vaulted Hardwood Floors Hi-Speed Internet Availbl
Basement Finished Full
Total Fireplaces 2
Fireplace Features Basement
Basement (Y/N) Y
Half Baths 2
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 1612
Main Level Bedrooms 0
Total Baths 4
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General
Heating Electric Heat Pump
Cooling Heat Pump
Utilities Electricity Connected Septic System Water Connected
Possession Negotiable
Appliances Electric Cooktop Dishwasher Dryer Electric Water Heater Microwave Oven Refrigerator Free-Standing Freezer Washer Water Heater
Garage Spaces 2
Patio/Porch Features Covered Patio
Architectural Style Traditional
Construction Materials Brick
Year Built 1976
View Downtown Rural Trees/Woods
Township Washington
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
County Owen
New Construction N
Property Type Residential
HOA N
Subdivision Name Park Hill Estates
Garage Y/N Y
Total Rooms 14
Full Baths 2
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
High School District Spencer-Owen Community Schools
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 179032
Elementary School Spencer Elementary School
Property Attached Y/N N
Current Financing FHA Conventional VA
Middle/Junior High School Owen Valley Middle School
Additional Parcels Y/N N
Virtual Tour https://youtu.be/kHe4GHlfktY
Standard Status Active
Tax Lot 23 24
Legal Description PARK HILL ESTATES LOT 23 PARK HILL ESTATES LOT 24 PARK HILL ESTATES LOT 25
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Exterior
Exterior Amenities Basketball Court
Parking Features Attached
Lot Features Rural - Subdivision Mature Trees Wooded
Water Source Public
Foundation Details Block
Spa N
Building Area Total 5400
Lot Size Acres 4.11
Waterfront Y/N N
Horse Amenities None
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* Excluded Features
List By
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
4046413 Elementary School
4046639 Middle School
Owen Valley Community High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$595,000 Listed Price

Map


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1550 Park Hill, Spencer, IN, 47460 is a Single Family Home for sale at $595,000 with 5,400 sqft and a lot size of 4.11. 1550 Park Hill has 4 bedrooms, 2.2 baths, and was built in 1976. The property's zip code is 47460 which is in Spencer, IN