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135 & 137 W Wayne Street Spencer, IN $ 1,150,000
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135 & 137 W Wayne Street
$ 1,150,000
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Share Save

135 & 137 W Wayne Street

Spencer, IN, 47460
$ 1,150,000
Bedrooms2 Baths1.0 Sq 1,728

Monthly Estimate*

$ 7,175

135 & 137 W Wayne Street, Spencer, IN 47460 - Image 1
135 & 137 W Wayne Street, Spencer, IN 47460 - Image 2
135 & 137 W Wayne Street, Spencer, IN 47460 - Image 3
135 & 137 W Wayne Street, Spencer, IN 47460 - Image 4
135 & 137 W Wayne Street, Spencer, IN 47460 - Image 5
135 & 137 W Wayne Street, Spencer, IN 47460 - Image 6
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Single Family Home for sale in Spencer, IN

for $1,150,000 with 2 bedrooms and 1 full bath. This 1,728 square foot home was built in 1900 on a lot size of 0.4.

Calling all investors! Looking for a stable, immediate cash flow property in excellent condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in excellent condition making for a great investment.

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Single Family Active

Price

$ 1,150,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 6,276

Style

Duplex

Lot Size

0.4

Year Built

1900

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202504297
Features
General
Sewer City
Heating Electric
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces No
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1900
New Construction No
Subdivision None
Style Attached
Township Washington
Class RESIDENTIAL
Type Site-Built Home
Age 125
REO No
Status Detail 0
Area Owen County
High School Owen Valley
City Spencer
School District Spencer-Owen Community Schools
Architctural Style Duplex
Total Sq Ft 1728
Elementary School Spencer
Middle School Owen Valley
Legal Description SPENCER LOT 264 SPENCER LOT 263
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202504297
Agent First Name Taylor
Agent Last Name Kay
DOM 312
Tax Year 2024
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Interior
Basement Slab
Beds 2
Total Rooms 5
Living Room Width 12
Living Room Length 21
Full Baths Main 1
Full Baths Upper 0
Above Grade Bedrooms 2
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Main
1st Bedroom Width 12
2nd Bedroom Length 9
2nd Bedroom Level Main
2nd Bedroom Width 11
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Exterior
Exterior Vinyl
Pool No
Lot Size Area 17424
Lot Dimensions IRREGULAR
Lot Description Corner 0-2.9999
Waterfront Y/N No
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* Excluded Features
List By
Taylor Kay

Listing Agent

Keith Realty & Auction Group

Broker

taylor.kay@homefinder.org

Email

Affordability Calculator

$7,698
Per Month
93%
7%
0%
Monthly Principal & Interest
$7,175
Monthly Property Taxes
$523
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1236904 Elementary School
1236321 Middle School
Owen Valley High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/11/2025$1,150,000 Listed Price

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135 & 137 W Wayne Street, Spencer, IN, 47460 is a Single Family Home for sale at $1,150,000 with 1,728 sqft and a lot size of 0.4. 135 & 137 W Wayne Street has 2 bedrooms, 1.0 baths, and was built in 1900. The property's zip code is 47460 which is in Spencer, IN

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