Listing courtesy of Home Team Properties · Listing agent: Samantha Carver · Office: 844-821-6051

Virtual tour
Under contractSite-Built Home

1550 Park Hill Drive

$595,000

$161.33 / sq ft

Spencer, IN 47460Park Hill Estates

  • 4.1 acres
  • 2-car garage
  • Fireplace
  • Basement
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Bedrooms
4
Bathrooms
3
Living area
5,300 sq ft
Lot
4.11 ac
Year built
1976
Type
Site-Built Home
Listed
July 16, 2026
MLS #
202628541

About this home

Perched atop Park Hill Drive on 4.11 sprawling acres, this classic, stately brick residence has been cherished by a single owner and offers commanding views over downtown Spencer below. At 5,300 square feet, this 4 bedroom, 4 bath home blends timeless craftsmanship with everyday livability. From the brick walkways to the wainscotting, vaulted and beamed ceilings, hardwood floors, and crown molding, fine details are found throughout. Custom cabinetry, multiple built-ins, and two wood-burning brick fireplaces bring warmth and character to the home's gathering spaces. The 2,176-square-foot main level offers a room for every occasion, including a family room with a wet bar tucked neatly behind closet doors. Upstairs, an impressively large cedar-lined closet, four bedrooms include a private master suite with a full bath. Out back, a large brick patio offers exquisite views over downtown Spencer. The fully finished basement adds a half bath, recreation area, bar, and additional flex room. One-owner homes with this craftsmanship, acreage, and view are exceedingly rare in Owen County. This is a legacy property waiting for its next chapter.

Property details

Interior

Levels
Two
Total rooms
14
Total area
5,300 sq ft
Finished area above grade
3,688 sq ft
Finished area below grade
1,612 sq ft
Main level
2,176 sq ft
Upper level
1,612 sq ft
Below grade total
1,612 sq ft
Bedrooms above grade
4
Full baths, upper level
2
Half baths, main level
1
Half baths, below grade
1
Basement
Full, Finished
Flooring
Hardwood, Carpet, Tile
Heating
Electric, Heat Pump
Cooling
Heat Pump
Fireplaces
2
Fireplace features
Family Room, Basement
Laundry
Electric Dryer Hookup, Main Level
Interior features
1st Bdrm En Suite, Adj to State/Natnl Forest, Bar, Built-in Features, Ceilings-Beamed, Vaulted Ceiling(s), Countertops-Solid Surf, Court-Basketball, Crown Molding, Laundry-Chute, Range/Oven Hook Up Elec, Six Panel Doors, Double Vanity, Utility Sink, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry

Exterior & parking

Style
Traditional
Construction
Brick
Roof
Asphalt, Shingle
Foundation
Block
Garage spaces
2
Attached garage
Yes
Garage type
Attached
Garage sq ft
648 sq ft
Parking
Garage Door Opener, Asphalt
Private pool
No
New construction
No

Waterfront & lake

Waterfront
No

Lot

Subdivision
Park Hill Estates
Lot features
Landscaped, 3-5.9999, Wooded
Lot size (acres)
4.11 ac
Lot dimensions
243X375
Location type
Rural Subdivision
County
Owen County
Township
Washington
Cross street
Hwy 46
Lots
232
Platted
Yes
Planned unit development
No
Directions
From Spencer, go east on Hwy 46. Turn right on Park Hill Drive. Home is on the right.

Schools

Elementary school
Spencer
Middle school
Owen Valley
High school
Owen Valley
School district
Spencer-Owen Community Schools

Taxes & terms

Annual taxes
$4,150
Tax year
2026
Tax exemptions
Homestead, Supplemental
Listing terms
Conventional, FHA, VA
Possession
Negotiable
Parcel number
60-10-22-300-080.230-027

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Washer,Cooktop-Electric,Dryer-Electric,Freezer,Oven-Built-In,Oven-Electric,Water Heater Electric

Utilities

Water
City
Sewer
Septic Tank
Electric provider
REMC
Water provider
BBP

Income & commercial

Gas meters
14

Location

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