NOT LISTED FOR SALE

85 E Morgan St Spencer, IN 47460

Estimated Value: $178,000 - $220,000

2 Beds
2 Baths
1,173 Sq Ft
$166/Sq Ft Est. Value

Sale Details

Date Sold: December 18, 2025

Last sale price $180,000 $153 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,186 / mo

7 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Formal Dining Room
  • Wood Flooring
  • Covered Patio or Porch
  • 1-minute walk to McCormick's Creek State Park

About This Home

As of December 2025

Welcome to 85 E Morgan Street! A charming and well-maintained home in the heart of Spencer! You'll love the inviting covered front porch and the beautifully landscaped yard, offering great curb appeal in an unbeatable location just seconds from Highway 231. Inside, this home blends timeless character with thoughtful updates, featuring original hardwood floors, a wood-burning fireplace with gas hookup, and custom built-in cabinets that add both charm and function. The updated full bathroom, new windows, new roof and gutters, freshly poured concrete, and new water heater with sump pump ensure peace of mind for years to come. The kitchen includes a pantry, and all appliances are included. The master bedroom features two closets, and there's attic access plus a full unfinished basement providing plenty of storage or potential for expansion. Zoned for business or residential use, this versatile property offers countless possibilities, whether you're looking for a home, office, or investment in a prime Spencer location!

Last Agent to Sell the Property

Zachary Nichols

RE/MAX Cornerstone License #RB23001914 Listed on: 11/11/2025

RE/MAX Cornerstone

Last Buyer's Agent

Non-BLC Member

MIBOR REALTOR® Association

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,086

Year Built

  • Built in 1945

Lot Details

  • 4,792

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 1,173 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Formal Dining Room
  • Microwave
  • Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Covered Patio or Porch
  • 4,792 Sq Ft Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 133
  • Assessor Parcel Number 601020400400419028
  • Seller Concessions Not Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,086

Year Built

Built in 1945

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2024
  • Year Built: 1945
  • Building Area Total: 2346
  • Garage Y N: No
  • Lot Size Acres: 0.11
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Accessibility Features YN: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Appliances: Microwave
  • Levels: One
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • Living Area: 1173
  • Eating Area: Formal Dining Room
  • Basement Full Bathrooms: 0
  • Main Level Full Bathrooms: 2
  • Main Level Sq Ft: 1173
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 0
  • Upper Level Sq Ft: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Covered

Utilities

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

Condo/Co-op/Association

  • Association YN: No

Lot Info

  • Property Attached Yn: No
  • Horse Amenities: None
  • Lot Size Sq Ft: 4792
  • Parcel Number: 601020400400419028
  • Acres: <1/4 Acre

Tax Info

  • Tax Annual Amount: 1086
  • Tax Lot: 133
  • Semi Annual Property Tax Amt: 543
  • Tax Exemption: Homestead Tax Exemption

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2025
Closed on
Dec 18, 2025
Sold by
Bought by
Seller's Agent
Zachary Nichols
RE/MAX Cornerstone
Buyer's Agent
Non-BLC Member
MIBOR REALTOR® Association
List Price
$189,000
Sold Price
$180,000
Premium/Discount to List
-$9,000
-4.76%
Views
378
Current Estimated Value
$194,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,569
Avg. Annual Appreciation
17.21%
Original Mortgage
$171,000
Outstanding Balance
$171,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$23,569

Purchase Details

Closed on
Oct 31, 2019
Sold by
Bought by

Purchase Details

Listed on
Nov 10, 2016
Closed on
Feb 24, 2017
Sold by
Bought by
Seller's Agent
JAMES MACKENZIE
BLUE DIAMOND REALTORS
Buyer's Agent
HOUSE *
NON MLS MEMBER
List Price
$91,900
Sold Price
$85,000
Premium/Discount to List
-$6,900
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$85,858
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2016
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Security Title
-- None Available
$85,000 John Bethell Title Company, In
$53,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $171,000
Previous Owner $85,858
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2025 12/18/25 Sold $180,000 -4.8% $153 / Sq Ft
11/18/2025 11/18/25 Pending -- -- --
11/11/2025 11/11/25 For Sale $189,000 +122.4% $161 / Sq Ft
02/24/2017 02/24/17 Sold $85,000 -7.5% $73 / Sq Ft View Prior Sale
01/16/2017 01/16/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $91,900 -- $78 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,580 $193,600 $13,800 $179,800
2024 $1,086 $126,800 $6,900 $119,900
2023 $1,001 $118,800 $11,400 $107,400
2022 $889 $100,000 $11,400 $88,600
2021 $805 $93,400 $11,400 $82,000
2020 $593 $80,300 $11,400 $68,900
2019 $519 $73,500 $11,400 $62,100
2018 $491 $68,900 $11,400 $57,500
2017 $460 $67,000 $16,300 $50,700
2016 $478 $72,100 $16,300 $55,800
2014 $486 $70,800 $16,300 $54,500
2013 -- $70,200 $16,300 $53,900
Source: Public Records

Agents Affiliated with this Home

  • Zachary Nichols

    Seller's Agent in 2025

    Zachary Nichols

    RE/MAX Cornerstone

    (765) 720-8726

    1 in this area

    55 Total Sales

    Zachary Nichols
    Section Image

  • N

    Buyer's Agent in 2025

    Non-BLC Member

    MIBOR REALTOR® Association

    Non-BLC Member
    Section Image

  • J

    Seller's Agent in 2017

    JAMES MACKENZIE

    BLUE DIAMOND REALTORS

  • H

    Buyer's Agent in 2017

    HOUSE *

    NON MLS MEMBER

See All Agents

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22072990

MIBOR Broker Listing Cooperative®

APN: 60-10-20-400-400.419-028

Indiana Owen County Spencer 47460

85 E Morgan St, Spencer, IN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of MIBOR Broker Listing Cooperative® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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