$375,000
UNDER CONTRACT

7373 Locust Lake Rd Spencer, IN 47460

Estimated payment $2,219/month

Total Views 5,832
3 Beds
2.5 Baths
2,072 Sq Ft
$181 Price per Sq Ft

Highlights

  • Primary Bedroom Suite
  • Ranch Style House
  • Covered patio or porch
  • Lake Property
  • Partially Wooded Lot
  • Formal Dining Room

About This Home

Nestled in Northern Owen County, just minutes from Cloverdale, Spencer, and I-70, this beautiful 10-acre property offers the perfect balance of wooded privacy and open space. The land features two stocked fishing ponds and plenty of room for gardening, recreation, or enjoying the outdoors. Built in 1999, the ranch-style modular home includes 3 bedrooms and 2.5 baths, along with a spacious 16’x27’ bonus room—ideal for a home office, gym, or potential 4th bedroom—conveniently connected to a two-car garage. Step inside from the inviting front porch into a cozy living room that flows seamlessly into the kitchen, complete with a large center island. The open-concept layout continues into the designated dining area, which opens through sliding glass doors to a generous two-tiered deck—perfect for entertaining or relaxing while enjoying the scenic views. A dedicated owner’s suite, ample living space, and abundant outdoor possibilities make this a rare opportunity for country living with all the comfort of home. Sellers have replaced the HVAC system and added a metal roof within the last two years. Rest assured you will always have power with the 23kW Generac backup generator. Whether you're a gardener, outdoors enthusiast, or avid hunter, this property has something for everyone.

Listing Agent

Corey Mauder

Century 21 Scheetz - Bloomington Brokerage Phone: 812-606-1908 Listed on: 05/20/2025

Century 21 Scheetz - Bloomington

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,776

Year Built

  • Built in 1999

Lot Details

  • 10 Acre Lot
  • Rural Setting
  • Lot Has A Rolling Slope
  • Partially Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,072 Sq Ft Home
  • Ceiling Fan
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Kitchen Island
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • <<tubWithShowerToken>>

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Lake Property
  • Covered patio or porch

Schools

  • Gosport Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Central Air
  • Heat Pump System
  • Whole House Permanent Generator
  • Propane
  • Private Company Owned Well
  • Well
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 60-07-18-100-250.000-024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,776

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Property Sub Type: Site-Built Home
  • Year Built: 1999
  • Age: 26
  • Style: One Story
  • Architectural Style: Ranch
  • Total Number of Rooms: 7
  • Bedrooms: 3
  • Number Above Grade Bedrooms: 3
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: NW NE S18 T11 R3 10A
  • Parcel Number ID: 60-07-18-100-250.000-024
  • Platted: Yes
  • Amenities: Ceiling Fan(s), Closet(s) Walk-in, Countertops-Laminate, Deck Open, Detector-Smoke, Garage Door Opener, Generator-Whole House, Kitchen Island, Porch Covered, Tub/Shower Combination, Main Level Bedroom Suite, Formal Dining Room, Main Floor Laundry
  • Location: Rural
  • Year Taxes Payable: 2024 Payable 2025
  • Special Features: UnderContract
  • Stories: 1

Interior Features

  • Total Sq Ft: 2072
  • Total Finished Sq Ft: 2072
  • Above Grade Finished Sq Ft: 2072
  • Price Per Sq Ft: 180.98
  • Basement Foundation: Crawl
  • Basement Material: Block
  • Flooring: Carpet, Vinyl
  • Living Great Room: Dimensions: 13x20, On Level: Main
  • Kitchen: Dimensions: 14x13, On Level: Main
  • Dining Room: Dimensions: 14x13, On Level: Main
  • Family Room: Dimensions: 16x14, On Level: Main
  • Den: Dimensions: 13x16, On Level: Main
  • Bedroom 1: Dimensions: 14x17, On Level: Main
  • Bedroom 2: Dimensions: 13x13, On Level: Main
  • Bedroom 3: Dimensions: 13x13, On Level: Main
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1

Exterior Features

  • Exterior: Vinyl
  • Roof Material: Metal
  • Outbuilding1: None

Garage/Parking

  • Driveway: Gravel
  • Garage Type: Attached
  • Garage Number Of Cars: 2
  • Garage Size: Dimensions: 24x23
  • Garage Sq Ft: 552
  • Garage: Yes

Utilities

  • Cooling: Central Air
  • Heating Fuel: Propane, Heat Pump
  • Sewer: Septic
  • Water Utilities: Well
  • Electric Company: South Central REMC
  • Laundry: Dimensions: Mainx6, On Level: 13
  • Well Type: Private

Schools

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

Lot Info

  • Lot Description: Partially Wooded, Rolling, 10-14.999, Lake
  • Lot Dimensions: 0 x 0
  • Estimated Lot Sq Ft: 435600
  • Estimated Lot Size Acres: 10

Tax Info

  • Annual Taxes: 1776
  • Exemptions: Homestead

MLS Schools

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

Map

Range of Values:

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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 $1,776 $264,400 $19,500 $244,900
2023 $1,610 $238,700 $18,900 $219,800
2022 $1,680 $216,500 $18,300 $198,200
2021 $1,209 $153,200 $18,000 $135,200
2020 $1,115 $146,200 $18,000 $128,200
2019 $1,054 $134,500 $18,100 $116,400
2018 $1,096 $137,500 $18,200 $119,300
2017 $953 $126,500 $18,500 $108,000
2016 $903 $121,700 $18,700 $103,000
2014 $896 $121,200 $18,800 $102,400
2013 -- $120,900 $18,400 $102,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $375,000 -- $181 / Sq Ft
Source: Indiana Regional MLS

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Source: Indiana Regional MLS

MLS Number: 202518622

Indiana Regional MLS

APN: 60-07-18-100-250.000-024