7544 Locust Lake Road Spencer, IN $ 120,000
7544 Locust Lake Road
$ 120,000
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7544 Locust Lake Road

Spencer, IN, 47460
$ 120,000
Bedrooms3 Baths1.0 Sq 1,300

Monthly Estimate*

$ 829

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Single Family Home for sale in Spencer, IN

for $120,000 with 3 bedrooms and 1 full bath. This 1,300 square foot home was built in 1960 on a lot size of 1.

Country living with room to spread out and plenty of potential! This 3 bedroom, 1 bath ranch home sits on a beautiful 1 acre setting surrounded by mature trees, offering a peaceful country atmosphere. Enjoy relaxing on the large covered front porch and take advantage of the additional storage and parking options, including a detached 2-car garage, enclosed carport, and storage shed. Several improvements have already been completed, including underground electrical service with no overhead wires, garage power now supplied directly from the house, a new toilet, a filled cistern, and a recently pumped septic system. The seller is also offering a home warranty for added peace of mind. This fixer upper is ready for someone with a vision to bring it to life with just a few finishing touches. Whether you're looking for your next project or an opportunity to create a home with your own personal style, this property is full of potential!

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Single Family Active

Price

$ 120,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 314

Style

Ranch

Lot Size

1

Year Built

1960

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22134766

Features
Interior
Interior Amenities Eat-in Kitchen
Basement (Y/N) N
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 1
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General
Heating Natural Gas Propane
Cooling Central Air
Possession Closing
Appliances Dryer Refrigerator Washer
Garage Spaces 2
Patio/Porch Features Covered
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1960
Township Jennings
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Owen
New Construction N
Property Type Residential
HOA N
Subdivision Name No Subdivision
Garage Y/N Y
Total Rooms 7
Full Baths 1
Status Active
Directions GPS Friendly
High School Cloverdale High School
City Spencer
High School District Cloverdale Community Schools
MLS Area 6002 - Owen - Jennings
Lot Size Square Feet 43560
Elementary School Cloverdale Elementary School
Property Attached Y/N N
Current Financing Conventional Other
Middle/Junior High School Cloverdale Middle School
Virtual Tour https://videos.backatyou.com/7544-locust-lake-road-smc1273705237_48117_unbranded_listing_video https://www.homeforsale.at/7544_LOCUST_LAKE_ROAD_l2bx91-114l?show_listing_video=1
Standard Status Active
Tax Lot 0
Legal Description E 1/2 Se S7 T11 R3 1A
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Exterior
Exterior Amenities Barn Mini
Parking Features Detached
Lot Features Rural - Not Subdivision Mature Trees
Water Source Other
Foundation Details Slab
Building Area Total 1300
Lot Size Acres 1
Other Equipment Generator
Horse Amenities None
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* Excluded Features
List By
Carpenter, Realtors®

Broker

swalstrom@callcarpenter.com

Email

Affordability Calculator

$855
Per Month
97%
3%
0%
Monthly Principal & Interest
$829
Monthly Property Taxes
$26
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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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4049690 Elementary School
4049691 Middle School
Cloverdale High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2026$120,000 Listed Price

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7544 Locust Lake Road, Spencer, IN, 47460 is a Single Family Home for sale at $120,000 with 1,300 sqft and a lot size of 1. 7544 Locust Lake Road has 3 bedrooms, 1.0 baths, and was built in 1960. The property's zip code is 47460 which is in Spencer, IN