Listing courtesy of The Indiana Team LLC · Listing agent: Eweami Powers · Offc: 812-961-8000

Virtual tour
ActiveSite-Built Home

1845 S US Hwy 231 Highway

$372,900

$175.23 / sq ft

Est. $2,396/mo

Spencer, IN 47460

Original price $386,000 · Price reduced on August 24, 2026

  • 3.7 acres
  • 2-car garage
  • Basement
Bedrooms
3
Bathrooms
2
Living area
2,128 sq ft
Lot
3.73 ac
Year built
1948
Type
Site-Built Home
Listed
May 21, 2026
MLS #
202619540

About this home

Welcome home to this beautifully remodeled peaceful country property situated on almost 4 acres in Spencer! This charming home offers the perfect blend of modern updates and rural tranquility. Inside, you’ll find a spacious eat-in kitchen featuring an island, abundant cabinetry, and all new stainless steel appliances. The main level includes two bedrooms, including a private primary suite, convenient main-level laundry, and a cozy living room that opens to a covered front porch — perfect for enjoying quiet mornings or relaxing evenings. Upstairs offers a large additional bedroom or bonus space, while the basement provides excellent storage and potential for future finished living space. With plenty of room to spread out both inside and out, this property is ideal for those seeking privacy, space for hobbies, or simply a peaceful setting with easy access to town. Don’t miss this move-in ready home with acreage and endless possibilities!

Monthly payment estimate

$2,396/mo

Principal & interest
$2,041
Property taxes
$246
Homeowners insurance
$109
Your loan

  • Rate: Freddie Mac's 30-year fixed average for the week of October 1, 2026.
  • Taxes: the seller's 2026 bill as reported to the MLS. Yours may differ once your own deductions apply.
  • Insurance: estimated at 0.35% of the price per year.
  • An estimate, not a loan offer. Your rate and payment depend on your credit, loan program and down payment.
Change taxes, insurance and more in the full calculator

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Property details

Interior

Levels
One and One Half
Total rooms
7
Total area
3,332 sq ft
Finished area above grade
2,128 sq ft
Unfinished area below grade
1,204 sq ft
Main level
1,204 sq ft
Upper level
924 sq ft
Below grade total
1,204 sq ft
Bedrooms above grade
3
Full baths, main level
2
Basement
Full
Heating
Natural Gas
Cooling
Central Air
HVAC
Ceiling Fan
Laundry
Electric Dryer Hookup, Main Level
Interior features
Eat-in Kitchen, Kitchen Island, Stand Up Shower, Tub/Shower Combination, Workshop, Main Level Bedroom Suite, Main Floor Laundry, Washer Hook-Up

Exterior & parking

Construction
Wood Siding
Garage spaces
2
Attached garage
No
Garage type
Detached
Garage sq ft
672 sq ft
Private pool
No
Other structures
Detached Garage
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot features
Irregular Lot
Lot size (acres)
3.73 ac
Lot dimensions
330x21x136x210x346x238x391x118x313
County
Owen County
Township
Washington
Platted
Yes
Planned unit development
No
Directions
Take US Hwy 231 south out of Spencer. Property will be on your right.

Schools

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

Taxes & terms

Annual taxes
$2,948
Tax year
2026
Possession
Date of Closing
Parcel number
60-10-31-200-220.000-027

Included in the sale

Included in sale
Dishwasher,Microwave,Refrigerator,Range-Electric

Utilities

Water
City
Sewer
Septic Tank

Location

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