7266 Locust Lake West Drive
Spencer, IN, 47460 $ 289,900
Bedrooms3 Baths2.0 Sq 1,776 Monthly Estimate*
$ 1,830
for $289,900 with 3 bedrooms and 2 full baths. This 1,776 square foot home was built in 1965 on a lot size of 0.32.
Experience peaceful lakefront living in the desirable Locust Lake community, conveniently located in northern Owen County just minutes from I-70. This meticulously maintained sandstone ranch offers picturesque water views, thoughtful updates, and a move-in-ready interior designed for comfortable everyday living and entertaining. Offering 1,776 square feet of finished living space, this home features three bedrooms and two full bathrooms. The main level showcases an inviting open-concept living, dining, and kitchen area where a stunning floor-to-ceiling stone fireplace with a wood-burning insert creates a warm focal point. Just off the main living space, a spacious covered deck extends your living area outdoors, providing the perfect setting for dining, relaxing, or taking in the peaceful lake views. Two main-level bedrooms feature beautiful hardwood floors and are served by a full bathroom conveniently located on the main floor. The finished walkout lower level adds exceptional flexibility with a spacious family room, a large third bedroom, a full bathroom, and a dedicated laundry room. An attached two-car garage with attic storage offers ample room for vehicles, tools, and seasonal items. Recent improvements provide added value and peace of mind, including a new well installed approximately 30 days ago, a new HVAC system with an energy-efficient mini-split serving the lower level, roof, well pump, sump pump, dock, and covered rear deck. Step outside to enjoy your private lakefront setting, whether relaxing by the water, casting a line from the dock, or exploring the electric motor-only lake. Locust Lake offers an affordable homeowners association with annual dues of less than $450. Ideally located near Cataract Falls, Cataract Lake, and McCormick's Creek State Park, this property provides convenient access to boating, fishing, hiking, and a variety of outdoor recreation opportunities while remaining just minutes from Interstate 70 for an easy commute.
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FeaturesGeneralSewer Septic
Heating Forced Air Multiple Heating Systems Propane Tank Rented
Kitchen Level Main
Cooling Central Air Multiple Cooling Units
Laundry Y/N Lower
Fireplaces Yes
Water Access Type Lakefront
Garage Attached
Amenities Ceiling Fan(s) Countertops-Laminate Deck Covered Detector-Carbon Monoxide Detector-Smoke Garage Door Opener Generator Ready Open Floor Plan Porch Open Tub/Shower Combination Sump Pump
Status Active Active
Full Baths 2
Half Baths 0
Bathrooms 2
Year Built 1965
New Construction No
Subdivision Locust Lake
Style One Story
Township Montgomery
Class RESIDENTIAL
Type Site-Built Home
Age 61
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 Ranch
Total Sq Ft 1776
Elementary School Gosport
Middle School Owen Valley
Legal Description Locust Lake Lot 2
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202631085
Agent First Name Corey
Agent Last Name Mauder
DOM 1
Tax Year 2025 Payable 2026
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InteriorBasement Walk-Out Basement Finished
Fireplace(s) 1
Flooring Hardwood Floors Concrete Vinyl
Beds 3
Total Rooms 6
Dining Room Length 10
Dining Room Width 11
Fireplace Dining Rm Wood Burning Stove
Family Room Width 16
Living Room Width 16
Family Room Length 25
Living Room Length 11
Full Baths Main 1
Full Baths Upper 0
Above Grade Bedrooms 2
Below Grade Baths 1
Below Grade Bedrooms 1
Full Baths Below Grade 1
Half Baths Below Grade 0
Half Baths Main 0
Half Baths Upper 0
1st Bedroom Level Lower
1st Bedroom Width 11
2nd Bedroom Length 12
2nd Bedroom Level Main
2nd Bedroom Width 11
3rd Bedroom Length 12
3rd Bedroom Level Main
3rd Bedroom Width 9
Basement Material Block
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ExteriorExterior Vinyl
Water Frontage 150
Driveway Concrete
Pool No
Waterfront Lake
Garage Length 28
Garage Width 23
Lot Size Area 13939
Lot Description Slope Waterfront 0-2.9999
Fence None
Water Features Boat Docking Rights Pier/Dock Assoc
Garage Capacity 2
Lake Non Ski Lake
Waterfront Y/N Yes
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* Excluded FeaturesList ByCorey MauderListing Agent
Century 21 Scheetz - BloomingtonBroker
corey.mauder@homefinder.orgEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,830
- Monthly Property Taxes
- $45
- 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.
Learn more about how to save NearbySingle family listings in Spencer, IN
Average List Price $402,729
Percent of Sale Price 39%
About Spencer, IN 2,332 Population
-12% Since 2002
$ 40,502 Median Income
40.93 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237339 Elementary School
1236321 Middle School
Owen Valley High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/1/2026 | $289,900 | | Listed Price |