$164,900

279 E Franklin St Spencer, IN 47460

Estimated payment $1,196/month

3 Beds
1 Bath
2,814 Sq Ft
$59 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Formal Dining Room
  • Built-In Features
  • Wood Flooring
  • 1 Car Detached Garage
  • 3-minute walk to McCormick's Creek State Park

About This Home

Situated at 279 E Franklin ST in SPENCER, IN, USA, this distinctive single-family residence, constructed in 1931, represents a truly compelling opportunity. It stands as an excellent prospect for discerning investors and also extends an inviting call to handy homeowners prepared to realize its full potential. Within this dwelling, the kitchen emerges as a particularly inviting space with dining a separate room adequately spaced. The residence extends across a substantial 2814 square feet of living area, thoughtfully distributed over 1.5 stories, providing considerable room for comfortable living. It comprises three well-appointed bedrooms, offering versatile accommodation options, complemented by a single full bathroom. Set upon an expansive 8712 square foot lot, the property provides ample outdoor space for various endeavors. This enduring structure, with its 1931 provenance, embodies a significant investment opportunity, appealing to those keen on property enhancement or portfolio expansion. This property ultimately presents a unique foundation for future aspirations, owner occupant and investors alike!

Listing Agent

Sheila Hubbard

Diverse Property Solutions Ind Brokerage Email: sheila.hubbard@americanreosales.com License #RB14051073 Listed on: 02/06/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1931

Parking

  • 1 Car Detached Garage

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stone

Interior Spaces

  • 1.5-Story Property
  • Built-In Features
  • Woodwork
  • Formal Dining Room
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Owen Valley Middle School
  • Owen Valley Community High School

Additional Features

  • 8,712 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Spencer Subdivision

Listing and Financial Details

  • Tax Lot 21-22
  • Assessor Parcel Number 601021300400221028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,854

Year Built

Built in 1931

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1931
  • Building Area Total: 3862
  • Garage Y N: Yes
  • Lot Size Acres: 0.2
  • Subdivision Name: Spencer
  • Inspection Warranties: Not Applicable
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Attribution Contact: sheila.hubbard@americanreosales.com
  • Special Features: 12

Interior Features

  • Basement: Yes
  • Basement Type: Unfinished
  • Appliances: None
  • Levels: One and One Half
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Built-in Features, Hardwood Floors, Pantry, WoodWorkStain/Painted, Wood Work Stained
  • Living Area: 2814
  • Eating Area: Separate Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 1
  • Main Level Sq Ft: 1646
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 1168

Exterior Features

  • Construction Materials: Stone
  • Disclosures: BankOwned
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Detached

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: No

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 8712
  • Parcel Number: 601021300400221028
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 3854
  • Tax Lot: 21-22
  • Semi Annual Property Tax Amt: 1927

MLS Schools

  • High School: Owen Valley Community High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,854 $192,700 $15,100 $177,600
2023 $1,480 $176,700 $15,100 $161,600
2022 $1,082 $138,600 $15,100 $123,500
2021 $1,187 $143,000 $15,100 $127,900
2020 $1,053 $134,500 $15,100 $119,400
2019 $945 $123,800 $15,100 $108,700
2018 $859 $118,400 $15,100 $103,300
2017 $908 $123,100 $21,000 $102,100
2016 $875 $123,100 $21,000 $102,100
2014 $860 $120,300 $21,000 $99,300
2013 -- $119,200 $21,000 $98,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2026 02/06/26 For Sale $164,900 -- $59 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22082415

MIBOR Broker Listing Cooperative®

APN: 60-10-21-300-400.221-028