1120 Cedar Ln Spencer, IN 47460
Estimated payment $770/month
Highlights
- Very Popular Property
- Ranch Style House
- Bathtub with Shower
- Partially Wooded Lot
- 2 Car Attached Garage
- Forced Air Heating System
About This Home
This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.
Listing Agent
Evergreen Real Estate & Auctions Brokerage Phone: 812-327-6201 Listed on: 02/02/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,287
Year Built
- Built in 1994
Lot Details
- 2.5 Acre Lot
- Rural Setting
- Irregular Lot
- Lot Has A Rolling Slope
- Partially Wooded Lot
Parking
- 2 Car Attached Garage
- Gravel Driveway
Home Design
- 1,500 Sq Ft Home
- Ranch Style House
- Asphalt Roof
- Vinyl Construction Material
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Electric Dryer Hookup
Basement
- Block Basement Construction
- Crawl Space
Schools
- Spencer Elementary School
- Owen Valley Middle School
- Owen Valley High School
Utilities
- Forced Air Heating System
- Well Required
- Septic System
Listing and Financial Details
- Assessor Parcel Number 60-17-31-300-140.000-016
- Seller Concessions Not Offered
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,287 | $193,600 | $37,500 | $156,100 |
| 2023 | $1,213 | $180,600 | $37,500 | $143,100 |
| 2022 | $1,265 | $169,600 | $37,500 | $132,100 |
| 2021 | $1,084 | $138,600 | $37,500 | $101,100 |
| 2020 | $2,262 | $131,600 | $37,500 | $94,100 |
| 2019 | $822 | $116,200 | $24,000 | $92,200 |
| 2018 | $834 | $118,500 | $19,000 | $99,500 |
| 2017 | $831 | $119,400 | $19,000 | $100,400 |
| 2016 | $787 | $115,300 | $19,000 | $96,300 |
| 2014 | $767 | $113,700 | $19,000 | $94,700 |
| 2013 | -- | $112,300 | $19,000 | $93,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | For Sale | $124,900 | -- | $83 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Sheriffs Deed | $140,066 | First American Title | |
| Sheriffs Deed | $131,482 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Financial Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $63,900 | New Conventional |
Source: Indiana Regional MLS
MLS Number: 202603470
APN: 60-17-31-300-140.000-016
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