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 4,498

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 4,498 square foot home was built in 1999 on a lot size of 18.19.

Set among 18+ acres of wooded countryside in Owen County, this 5-bedroom, 3-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

18.19

Year Built

1999

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202645299

Features
General
Sewer Septic
Heating Electric Forced Air Geothermal Heat Pump
Kitchen Level Main
Cooling Central Air
Laundry Y/N Main
Fireplaces Yes
Garage Attached
Amenities 1st Bdrm En Suite Breakfast Bar Ceiling Fan(s) Ceilings-Vaulted Closet(s) Walk-in Countertops-Solid Surf Deck Covered Deck Open Deck on Waterfront Dryer Hook Up Electric Eat-In Kitchen Foyer Entry Ga
Status Active Active
Full Baths 3
Half Baths 1
Bathrooms 4
Year Built 1999
New Construction No
Subdivision None
Style Two Story
Township Clay
Class RESIDENTIAL
Type Site-Built Home
Age 27
REO No
Status Detail 0
Common Amenities Dock Horse Facilities
Area Owen County
Location Rural
High School Owen Valley
City Spencer
School District Spencer-Owen Community Schools
Architectural Style Traditional
Total Sq Ft 6016
Elementary School Spencer
Middle School Owen Valley
Legal Description S 1/2 SE S32 T9 R3 19.29A aka Trimble Type 2 Admin S D tract 3
Virtual Tour https://youtu.be/b1COZuipEoQ
Agent First Name Samantha
Agent Last Name Carver
DOM 2
Tax Year 2026
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Interior
Basement Full Basement Walk-Out Basement Unfinished
Fireplace(s) 1
Flooring Carpet Laminate Tile
Beds 5
Total Rooms 10
Fireplace Living/Great Rm Gas Log One
Living Room Width 30
Other Room 1 Description Entry
Living Room Length 15
Full Baths Main 0
Full Baths Upper 3
Above Grade Bedrooms 5
Below Grade Baths 0
Below Grade Bedrooms 0
Full Baths Below Grade 0
Half Baths Below Grade 0
Half Baths Main 1
Half Baths Upper 0
1st Bedroom Level Upper
1st Bedroom Width 17
2nd Bedroom Length 12
2nd Bedroom Level Upper
2nd Bedroom Width 15
3rd Bedroom Length 12
3rd Bedroom Level Upper
3rd Bedroom Width 15
4th Bedroom Length 12
4th Bedroom Level Upper
4th Bedroom Width 13
5th Bedroom Length 12
5th Bedroom Level Upper
5th Bedroom Width 13
Extra Room Description Office
Extra Room Length 10
Extra Room Level Upper
Extra Room Width 11
Basement Material Block
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Exterior
Exterior Brick Vinyl
Driveway Gravel
Pool No
Waterfront Pond
Garage Length 28
Garage Width 31
Lot Size Area 792356
Lot Dimensions Irregular
Lot Description Heavily Wooded Irregular Waterfront 15+ Lake Water View Wooded
Fence Partial Farm
Water Features Pier/Dock
Garage Capacity 2
Waterfront Y/N Yes
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* Excluded Features
List By
Samantha Carver

Listing Agent

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
1236904 Elementary School
1236321 Middle School
Owen Valley 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 4,498 sqft and a lot size of 18.19. 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