142 Cedar Lane Spencer, IN $ 724,900
142 Cedar Lane
$ 724,900
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142 Cedar Lane

Spencer, IN, 47460
$ 724,900
Bedrooms5 Baths3.1 Sq 6,016

Monthly Estimate*

$ 5,007

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Single Family Home for sale in Spencer, IN

for $724,900 with 5 bedrooms and 3 full baths, 1 half bath. This 6,016 square foot home was built in 1999 on a lot size of 19.29.

Set among 19+ acres of wooded countryside in Owen County, this 5-bedroom, 31/2-bath home offers 4,498 sq. ft. of living space, lake frontage, and distinctive architectural character. The home features vaulted ceilings, wood plank ceiling accents, and a turret in the spacious primary bedroom suite. Multiple sitting areas, a large walk-in closet with windows, tub, and walk-in shower add to the suite's appeal. An oversized kitchen provides abundant cabinet and counter space perfect for large family gatherings, a walk-in pantry, and a combined kitchen and dining area, with both the kitchen table and dining table included. Nearby, the family room features a fireplace, while the wraparound covered deck overlooks the lake and surrounding wooded property. Direct lake access and a shared lake offer opportunities to enjoy the water. Outside, a horse barn with 3 stalls and tack room and small fenced pasture complement the substantial wooded acreage. Additional features include an attached 2-car garage, full unfinished walkout basement, roof approximately 3 years old, two hot water heaters, and an included propane generator. With lake views throughout the home, wooded acreage, and room for horses and outdoor recreation, this property offers a setting and combination of features that are hard to find.

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Single Family Active

Price

$ 724,900

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 3,350

Style

Traditional

Lot Size

19.29

Year Built

1999

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22128715

Features
Interior
Interior Amenities Vaulted Ceiling(s) Kitchen Island Entrance Foyer Hi-Speed Internet Availbl Eat-in Kitchen Pantry Walk-In Closet(s)
Basement Full Unfinished Walk-Out Access
Total Fireplaces 1
Fireplace Features Gas Log Living Room
Basement (Y/N) Y
Half Baths 1
Laundry Features Main Level Sink
Total Bedrooms 5
Below Grade Finished Area 0
Main Level Bedrooms 0
Total Baths 4
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General
Heating Forced Air Geothermal Heat Pump Propane
Cooling Central Air Geothermal
Utilities Electricity Connected Natural Gas Connected Septic System
Possession Negotiable
Appliances Dishwasher Electric Water Heater Exhaust Fan Microwave Oven Gas Oven Refrigerator Water Softener Owned
Garage Spaces 2
Patio/Porch Features Deck
Architectural Style Traditional
Construction Materials Brick Vinyl Siding
Year Built 1999
Electric 200+ Amp Service
View Lake Trees/Woods
Township Clay
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Waterfront Features Dock Lake Privileges Water Access Water View Waterfront
County Owen
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 10
Full Baths 3
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
High School District Spencer-Owen Community Schools
MLS Area 6013 - Owen - Clay
Lot Size Square Feet 840272
Elementary School Spencer Elementary School
Property Attached Y/N N
Middle/Junior High School Owen Valley Middle School
Additional Parcels Y/N N
Virtual Tour https://youtu.be/lSSHuGn6SYQ
Standard Status Active
Tax Lot 601732400160000016
Legal Description S 1/2 Se S32 T9 R3 19.29A Aka Trimble Type 2 Admin S D Tract 3
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Exterior
Exterior Amenities Barn Pole
Fencing Partial
Parking Features Attached
Lot Features Irregular Lot Rural - Not Subdivision
Water Source Well Private
Foundation Details Block
Spa N
Building Area Total 6016
Lot Size Acres 19.29
Waterfront Y/N Y
Other Equipment Generator
Horse Amenities Barn Corral(s) Round Pen Tack Room
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* Excluded Features
List By
Home Team Properties

Broker

scarver@homefinder.org

Email

Affordability Calculator

$5,286
Per Month
95%
5%
0%
Monthly Principal & Interest
$5,007
Monthly Property Taxes
$279
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
11/3/2026$724,900 Listed Price

Map


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142 Cedar Lane, Spencer, IN, 47460 is a Single Family Home for sale at $724,900 with 6,016 sqft and a lot size of 19.29. 142 Cedar Lane has 5 bedrooms, 3.1 baths, and was built in 1999. The property's zip code is 47460 which is in Spencer, IN