$225,000
SOLD DEC 5, 2025

205 S Main St Spencer, IN 47460

2 Beds
1.5 Baths
1,862 Sq Ft
$100/mo HOA Fee

Recently Sold

$121 Per Sq Ft

4% Below List Price

47 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • 1.5 Car Detached Garage
  • Stone Countertops
  • Walk-In Pantry
  • 3-minute walk to McCormick's Creek State Park

About This Home

As of December 2025

This beautifully updated 2-bedroom, 1.5-bath townhouse offers energy efficiency and modern convenience in a prime location—close to restaurants, shopping, and the MyPath trailhead. The main level features a custom kitchen with cabinetry by Freedom Valley Cabinets, stone countertops, all appliances, and a handcrafted dining area. A spacious living room with a large picture window flows into a light-filled sunroom, perfect for relaxing. Upstairs, you’ll find two generously sized bedrooms connected by a Jack-and-Jill bath with a walk-in shower. The 12x18 primary bedroom includes an upgraded shelving system in the closet. A partially finished basement provides additional living or hobby space, while recent updates—new kitchen, roof, bath, and water heater—ensure peace of mind. Discover low-maintenance living just steps from Downtown Spencer!

Last Agent to Sell the Property

Samantha Carver

Home Team Properties Brokerage Phone: 844-821-6051 Listed on: 09/26/2025

Last Buyer's Agent

Samantha Carver

Home Team Properties Brokerage Phone: 844-821-6051 Listed on: 09/26/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,348

Year Built

  • Built in 1983

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 1.5 Car Detached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Walk-In Pantry
  • Electric Oven or Range
  • Stone Countertops
  • Built-In or Custom Kitchen Cabinets

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Landscaped
  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 60-10-20-400-400.701-028

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,348

Year Built

Built in 1983

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Condo/Villa
  • Year Built: 1983
  • Style: Two Story
  • Architectural Style: Traditional
  • Bedrooms: 2
  • Total Bathrooms: 2
  • Total Full Bathrooms: 1
  • Total Number of Half Bathrooms: 1
  • Legal Description: Unit 4 PT Lot 172
  • Parcel Number ID: 60-10-20-400-400.701-028
  • Platted: Yes
  • Amenities: Cable Available, Ceiling Fan(s), Countertops-Stone, Dryer Hook Up Electric, Eat-In Kitchen, Landscaped, Pantry-Walk In, Patio Open, Porch Covered, Range/Oven Hook Up Elec, Six Panel Doors, Stand Up Shower, Washer Hook-Up, Custom Cabinetry
  • Cross Street: Jefferson St
  • Location: City/Town/Suburb
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Sq Ft: 2244
  • Total Finished Sq Ft: 1862
  • Above Grade Finished Sq Ft: 1532
  • Below Grade Finished Sq Ft: 330
  • Below Grade Sq Ft: 382
  • Basement: Yes
  • Basement Foundation: Full Basement, Partially Finished
  • Basement Material: Brick
  • Flooring: Carpet, Laminate
  • Living Great Room: Dimensions: 17x13, On Level: Main
  • Kitchen: Dimensions: 18x8, On Level: Main
  • Family Room: Dimensions: 18x13, On Level: Basement
  • Extra Room: Sunroom, Dimensions: 17x8, On Level: Main
  • Bedroom 1: Dimensions: 18x12, On Level: Upper
  • Bedroom 2: Dimensions: 18x11, On Level: Upper
  • Main Level Sq Ft: 850
  • Number of Main Level Full Bathrooms: 1
  • Total Below Grade Sq Ft: 712

Exterior Features

  • Exterior: Brick
  • Roof Material: Asphalt
  • Outbuilding1: None

Garage/Parking

  • Driveway: Asphalt
  • Garage Type: Detached
  • Garage Number Of Cars: 1.5
  • Garage Size: Dimensions: 28x20
  • Garage: Yes
  • Off Street Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Geothermal
  • Sewer: Public
  • Water Utilities: City
  • Electric Company: Duke Energy Indiana
  • Water Company: BBP

Condo/Co-op/Association

  • Association Fees: 100
  • Association Fees Frequency: Monthly

Schools

  • Elementary School: Spencer

Lot Info

  • Lot Description: Irregular, 0-2.9999
  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 871
  • Estimated Lot Size Acres: 0.02

Tax Info

  • Annual Taxes: 1348.12
  • Exemptions: Geothermal, Homestead, Supplemental

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2025
Closed on
Dec 5, 2025
Sold by
Merrimon Charles M and Merrimon Phyllis M
Bought by
Spivey Damon
Seller's Agent
Samantha Carver
Home Team Properties
Buyer's Agent
Samantha Carver
Home Team Properties
List Price
$234,900
Sold Price
$225,000
Premium/Discount to List
-$9,900
-4.21%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.23%
Original Mortgage
$125,000
Outstanding Balance
$125,000
Interest Rate
6.19%
Mortgage Type
New Conventional
Estimated Equity
$109,228

Purchase Details

Listed on
Jul 17, 2017
Closed on
Sep 14, 2017
Sold by
Brinson Gary L and Brinson Sonia J
Bought by
Merrimon Charles M and Merrimon Phyllis M
Seller's Agent
Rob Ranard
HOME TEAM Properties
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$114,900
Sold Price
$107,500
Premium/Discount to List
-$7,400
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Warranty Deed $107,500 Languell Abstract & Title Corp
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $125,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/05/2025 12/05/25 Sold $225,000 -4.2% $121 / Sq Ft
11/12/2025 11/12/25 Pending -- -- --
09/26/2025 09/26/25 For Sale $234,900 +118.5% $126 / Sq Ft
09/14/2017 09/14/17 Sold $107,500 -6.4% $70 / Sq Ft View Prior Sale
07/17/2017 07/17/17 For Sale $114,900 -- $75 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

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 $1,348 $166,600 $1,400 $165,200
2023 $1,215 $156,200 $1,400 $154,800
2022 $1,030 $129,200 $1,400 $127,800
2021 $964 $122,400 $1,400 $121,000
2020 $824 $114,100 $1,400 $112,700
2019 $709 $105,800 $1,400 $104,400
2018 $638 $101,500 $1,400 $100,100
2017 $462 $92,000 $2,100 $89,900
2016 $485 $92,200 $2,100 $90,100
2014 $447 $89,300 $2,100 $87,200
2013 -- $90,500 $2,100 $88,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 202539145

Indiana Regional MLS

APN: 60-10-20-400-400.701-028