37

Spencer, IN Homes for Sale under $300,000

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  • /3

    $90,000

    • Land
    • 1.04 Acres
    • $86,372 per Acre

    00 Concord Rd, Spencer, IN 47460

    Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    00 Concord Rd, Spencer, IN 47460
  • /20

    $249,900

    • 3 Beds
    • 2 Baths
    • 2,256 Sq Ft

    226 N East St, Spencer, IN 47460

    Welcome home to this well-maintained 3-bedroom, 2-bath residence offering a comfortable layout and a convenient location in Spencer. The spacious floor plan provides flexibility for everyday living, with inviting living areas, a functional kitchen, and ample storage throughout. The primary bedroom includes its own private bath, while the additional bedrooms offer space for family, guests, a home

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    226 N East St, Spencer, IN 47460
  • /19

    $35,000

    $10K PRICE DROP
    • Land
    • 18,295 Sq Ft
    • $83,333 per Acre

    732 W Thornridge Way, Spencer, IN 47460

    Motivated seller! This partially cleared wooded lot is larger than it appears from the street! The survey is attached for reference. Possibility of building a walk-out home on this serene nearly half acre lot in upscale Thornridge subdivision! So many options with this lot's location! It is less than 30 minutes from the Indiana University campus, 3 minutes to downtown Spencer, and one hour from

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    732 W Thornridge Way, Spencer, IN 47460
  • /22

    $199,000

    $16K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft

    302 E Lewis Ln, Spencer, IN 47460

    Well-maintained 1296 sq. ft. 2-bedroom, 2 bath condo in Spencer. This home offers Living Room, Kitchen and Dining area across the front of the home, walk in closet, laundry room and an open patio out back for your enjoyment. The property has a 23x29 2 car attached garage with a workbench. Roof was replaced in 2025. The HOA fee includes lawn care, snow removal, and trash pick-up.

    Agent Photo

    Michelle Stanger

    Stanger Homes, LLC

    302 E Lewis Ln, Spencer, IN 47460
  • /21

    $249,900

    • 3 Beds
    • 2 Baths
    • 2,348 Sq Ft

    502 W Hillside Ave, Spencer, IN 47460

    Updated and remodeled 3-bedroom, 2-bath home conveniently located in Spencer. Recent improvements provide a fresh, move-in-ready interior with updated finishes throughout. A new gas furnace and central air conditioning system will be installed, offering added comfort and efficiency. The functional floor plan features a spacious main level with a full bath, while all three bedrooms and an

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    502 W Hillside Ave, Spencer, IN 47460
  • /3

    $90,000

    • Land
    • 1.04 Acres
    • $86,372 per Acre

    0 Concord Rd, Spencer, IN 47460

    Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential

    Agent Photo

    Trent Keith

    Keith Realty & Auction Group

    0 Concord Rd, Spencer, IN 47460
  • /12

    $75,000

    • Land
    • 5 Acres
    • $15,000 per Acre

    7559 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    7559 Hudson Hill Rd, Spencer, IN 47460
  • /7

    $190,000

    $180K PRICE INCREASE
    • Land
    • 27 Acres
    • $7,037 per Acre

    0 Splinter Ridge Rd, Spencer, IN 47460

    General InformationTotal Acres - 27.00Tracts - 1Type of Sale - AuctionFarm Name - AJMV LLCKey Features - This mostly wooded property teeming with wildlife is nestled along the east side of Splinter Ridge Road, six miles west of Spencer and just two miles south of State Highway 246. The gas pipeline easement running along the east side of the property features excellent areas

    Todd Litten Halderman Real Estate Services and Halderman Farm Management

    0 Splinter Ridge Rd, Spencer, IN 47460
  • /17

    $98,100

    • Land
    • 6.54 Acres
    • $15,000 per Acre

    Tract 1 N US Highway 231, Spencer, IN 47460

    6.54 wooded acres offering privacy and a beautiful rural setting. Ideal for your next homesite! Convenient location, just 15 minutes to 1-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional acreage available.

    Khloe Anderson Land Pro Realty

    Tract 1 N US Highway 231, Spencer, IN 47460
  • /27

    $239,000

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,792 Sq Ft

    982 E Porter Ridge Rd, Spencer, IN 47460

    This move-in ready 3-bedroom, 2 full bath home sits on a 1-acre parcel and offers a thoughtfully designed split floor plan. The welcoming living and dining area features a vaulted ceiling, charming built-ins and a cozy pellet stove. The spacious eat-in kitchen provides plenty of cabinet storage and a great place to gather. The primary bedroom includes an ensuite bath and convenient direct access

    Pilar Taylor The Indiana Team LLC

    982 E Porter Ridge Rd, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 16,117 Sq Ft
    • $148,378 per Acre

    127 Walnut Radial, Spencer, IN 47460

    Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you’re well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people

    Rob Ranard Home Team Properties

    127 Walnut Radial, Spencer, IN 47460
  • /13

    $189,900

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,135 Sq Ft

    501 W Jefferson St, Spencer, IN 47460

    This cozy 3 bedroom, 1 bath home featuring 9 foot ceilings that create a spacious and airy feel. Hardwood floors in living room and bedrooms. Enjoy relaxing in the bright sunroom, complete with a hot tub perfect for year-round enjoyment. Convenient detached carport for covered parking.

    William Hurst Carpenter, REALTORS-Bloomington

    501 W Jefferson St, Spencer, IN 47460
  • /23

    $239,900

    $10K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,243 Sq Ft

    3125 Braysville Rd, Spencer, IN 47460

    What a find, 11 beautiful acres of forested land and a charming farmhouse with several outbuildings. The property features a nice 1250 sq ft home with 2 BR and 1 full Bath, a two-car detached garage and back yard shed. The home has some recent big-ticket upgrades including a new roof, a plumbing upgrade that included a new well pump and new HVAC system with a heat pump. The property has a nice

    Deborah Foutch Owen County Home Company

    3125 Braysville Rd, Spencer, IN 47460
  • /19

    $75,000

    $13K PRICE DROP
    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 7 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 7 Hudson Hill Rd, Spencer, IN 47460
  • /20

    $149,900

    • Land
    • 10 Acres
    • $14,990 per Acre

    Tract 2 N US Highway 231, Spencer, IN 47460

    10 wooded acres with partial clearing, offering privacy and a beautiful rural setting. Ideal for your next homesite. Convenient location, just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State park. A great opportunity for peaceful country living with easy access to nearby towns and amenities! Additional

    Khloe Anderson Land Pro Realty

    Tract 2 N US Highway 231, Spencer, IN 47460
  • /41

    $249,900

    • 4 Beds
    • 2 Baths
    • 2,240 Sq Ft

    67 S Sunnyside Ln, Spencer, IN 47460

    Located on Owen County's east side just minutes from Spencer and Ellettsville, this spacious 4-bedroom, 2-bath manufactured home offers 2,240 square feet of living space on a 2-acre lot. Outside, you'll find plenty of room to enjoy the outdoors with a detached 2-car garage, storage shed, above-ground pool, and covered deck—ideal for entertaining, gardening, hobbies, or simply enjoying the country

    Samantha Carver Home Team Properties

    67 S Sunnyside Ln, Spencer, IN 47460
  • /30

    $274,900

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,179 Sq Ft

    1825 Pea Ridge Rd, Spencer, IN 47460

    Escape to the country while staying close to everything! This attractive 3-bedroom, 2-bath home offers 2,179 square feet of comfortable living space on 1.4 beautiful acres with mature trees, plenty of open yard, and ample space for gardening, outdoor activities, or simply enjoying the peaceful surroundings.Inside, the open floor plan creates an inviting space for everyday living and entertaining.

    Samantha Carver Home Team Properties

    1825 Pea Ridge Rd, Spencer, IN 47460
  • /3

    $54,900

    • Land
    • 16,117 Sq Ft
    • $148,378 per Acre

    127 Walnut St, Spencer, IN 47460

    Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you're well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people

    Rob Ranard HOME TEAM Properties

    127 Walnut St, Spencer, IN 47460
  • /21

    $75,000

    $13K PRICE DROP
    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 6 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 6 Hudson Hill Rd, Spencer, IN 47460
  • /3

    $25,000

    • Land
    • 2.9 Acres
    • $8,621 per Acre

    1899 Park Hill Dr, Spencer, IN 47460

    Great wooded lots awaiting your new home in Park Hill Estates.

    Christina Hamilton The Stewart Home Group

    1899 Park Hill Dr, Spencer, IN 47460
  • /16

    $215,000

    Open Thu 5PM - 7PM $5K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,508 Sq Ft

    427 E Jefferson St, Spencer, IN 47460

    Charming and move-in ready ranch located in the heart of Spencer, directly across from the fairgrounds! This 3-bedroom, 2-bathroom home offers a perfect blend of character and updates, featuring original hardwood floors, freshly painted cabinets and a brand new roof complete with warranty! Weather you're relaxing at home or taking advantage of the convenient location, this home is ready for it's

    Daniel Letman Century 21 Scheetz - Bloomington

    427 E Jefferson St, Spencer, IN 47460
  • /15

    $229,900

    $20K PRICE DROP
    • 4 Beds
    • 1 Bath
    • 1,360 Sq Ft

    767 Laymon Ave, Spencer, IN 47460

    Spacious 4-bedroom, 1-bath home offering 1,360 sq. ft. of living space, conveniently located just a couple of blocks from Spencer Elementary. This home has seen several updates over the past five years, including a new roof and gutters installed in 2024 and a freshly painted garage in 2025. The oversized one-car garage features a unique sliding door design rather than a traditional overhead door,

    Chris Wesley RE/MAX Select Associates, Inc.

    767 Laymon Ave, Spencer, IN 47460
  • /25

    $274,900

    • 3 Beds
    • 1 Bath
    • 1,468 Sq Ft

    213 Fletcher Ave, Spencer, IN 47460

    Charming home full of character and recent updates in a prime Spencer location! Improvements include a new natural gas furnace, central air, new ductwork, updated kitchen countertop, and freshly painted exterior. Inside you'll find original built-in shelving, arched doorways, classic wall sconces, abundant natural light, two main-level bedrooms, and a spacious full bath. The kitchen offers ample

    Tilden Keith Keith Realty & Auction Group

    213 Fletcher Ave, Spencer, IN 47460
  • /3

    $259,900

    • Land
    • 14.44 Acres
    • $17,999 per Acre

    1650 State Road 46, Spencer, IN 47460

    This 14.44-acre property offers a unique combination of visibility, access, and natural beauty—just minutes east of downtown Spencer. With approximately 1,200 feet of frontage along State Highway 46, the property provides excellent exposure and convenient access for residential, recreational, or small commercial development. The front portion of the property features level, open acreage ideal for

    Chris Wesley RE/MAX Select Associates, Inc.

    1650 State Road 46, Spencer, IN 47460
  • /36

    $249,900

    • 3 Beds
    • 1.5 Baths
    • 1,973 Sq Ft

    387 Center St, Spencer, IN 47460

    Experience the perfect balance of modern peaceful country living and optimal location in this beautifully renovated ranch, ideally situated on nearly one acre. Updated with new siding, a brand-new roof, and a complete suite of new appliances, this move-in-ready home offers more room than most Ranch style homes. Home has had an addition and offers two separate living areas and a double deep 2c

    Tammy Everett Everett Realty Group, LLC

    387 Center St, Spencer, IN 47460
  • /35

    $90,900

    $45K PRICE DROP
    • Land
    • 9.09 Acres
    • $10,000 per Acre

    TBD Coon Path Rd, Spencer, IN 47460

    9+ Acres of Woods with scenic Mill Creek running through the Northeast corner of the property. No HOA's or Covenants so bring your dreams and ideas and own a slice of stunning woodlands today.

    Amy Highfield RE/MAX Select Associates, Inc.

    TBD Coon Path Rd, Spencer, IN 47460
  • /2

    $29,500

    • Land
    • 1.27 Acres
    • $23,228 per Acre

    0 Park Hill Dr Unit MBR21824365, Spencer, IN 47460

    Great wooded lots awaiting your new home in Park Hill Estates.

    Christina Hamilton The Stewart Home Group

    0 Park Hill Dr Unit MBR21824365, Spencer, IN 47460
  • /23

    $199,900

    $21K PRICE INCREASE
    • 4 Beds
    • 2.5 Baths
    • 2,289 Sq Ft

    205 N Main St, Spencer, IN 47460

    Step into a piece of history with this enchanting historic home, gracefully nestled on a tree-lined street in the heart of downtown Spencer. This stately residence boasts 7 bedrooms and 2.5 baths. A vintage fireplace adorns the living room and large windows allow a lot of natural light. ADA features, a built in bookcase, original woodwork, and other historic features make this home truly unique.

    Beth Walden Seasons of Indiana Real Estate LLC

    205 N Main St, Spencer, IN 47460
  • /12

    $50,000

    $33K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 840 Sq Ft

    3402 W Moore Rd, Spencer, IN 47460

    Opportunity knocks to escape to your own slice of serenity with this 1-acre wooded lot nestled just 10 minutes from Spencer, Indiana. Tucked away on a private road that dead-ends into the state forest, this property offers unmatched privacy and natural beauty. Enjoy nearby adventures at McCormick's Creek State Park, Cataract Falls, and Horseman's Campgroundplus golf just minutes away. The 2-bed,

    Kimberley Warner Huff Realty Indiana

    3402 W Moore Rd, Spencer, IN 47460
  • /27

    $224,900

    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft

    122 S East St, Spencer, IN 47460

    Welcome home to this well-maintained 2 bedroom, 2 full bathroom 50 and over condo/community located just steps from the charming town square in Spencer! The large living room with gorgeous hardwood floors open up to the kitchen allowing for seamless entertainment. Built in 1996, this move-in ready home features new carpet in both bedrooms, both with spacious walk-in closets, along with a mix of

    Melissa Fulk Valu-net Realty

    122 S East St, Spencer, IN 47460
  • /23

    $185,000

    $40K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 965 Sq Ft

    269 S Harrison St, Spencer, IN 47460

    Move-in ready and beautifully updated, this charming bungalow on Spencer’s south side offers 2 bedrooms, 1 full bath, a partial basement, and an oversized detached garage with plenty of room for vehicles, storage, or hobbies. Inside, you'll find a spacious kitchen featuring a new range and refrigerator, a large living room filled with natural light from updated windows, and gorgeous solid oak

    Deborah Foutch Owen County Home Company

    269 S Harrison St, Spencer, IN 47460
  • /18

    $75,000

    $13K PRICE DROP
    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 8 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 8 Hudson Hill Rd, Spencer, IN 47460
  • /18

    $174,900

    • 2 Beds
    • 1 Bath
    • 768 Sq Ft

    1131 Parks Dr, Spencer, IN 47460

    Great starter home featuring two bedroom, enclosed front porch and a small deck. Home also has a carport and a detached two car garage. This is almost a half acre lot with a great view towards the town. Easy access to all amenities at an affordable price. Seller requires 10 days on market before reviewing any offers.

    Ronita Walcott Evergreen Real Estate & Auctions

    1131 Parks Dr, Spencer, IN 47460
  • /6

    $39,900

    $20K PRICE DROP
    • Land
    • 4.44 Acres
    • $8,984 per Acre

    Lot B-21 State Road 46, Spencer, IN 47460

    This exceptional, improved 4.44-acre lot is heavily wooded and ready for your dream home. Essential utilities—City water, electricity, and natural gas—are accessible, allowing you to easily carve out your ideal building spot among the trees. Listing agent is related to the seller.

    Carrie Parrish Carpenter, REALTORS-Bloomington

    Lot B-21 State Road 46, Spencer, IN 47460
  • /25

    $274,900

    • 3 Beds
    • 1 Bath
    • 1,468 Sq Ft

    213 N Fletcher Ave, Spencer, IN 47460

    Charming home full of character and recent updates in a prime Spencer location! Improvements include a new natural gas furnace, central air, new ductwork, updated kitchen countertop, and freshly painted exterior. Inside you'll find original built-in shelving, arched doorways, classic wall sconces, abundant natural light, two main-level bedrooms, and a spacious full bath. The kitchen offers ample

    Tilden Keith Keith Realty & Auction Group

    213 N Fletcher Ave, Spencer, IN 47460
  • /28

    $254,900

    $20K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 2,031 Sq Ft

    168 E North St, Spencer, IN 47460

    Welcome home to this charming limestone ranch in Spencer! This well maintained 3-bedroom, 2 full bath home offers the perfect blend of comfort and functionality. Featuring a spacious layout of 2031 sq ft with a practical kitchen and cozy dining area with fireplace ideal for everyday living or entertaining. The attached 2 car garage provides convenience while the additional carport offers more

    Tara White Century 21 Scheetz - Bloomington

    168 E North St, Spencer, IN 47460
  • /20

    $75,000

    $13K PRICE DROP
    • Land
    • 5 Acres
    • $15,000 per Acre

    Tract 5 Hudson Hill Rd, Spencer, IN 47460

    This beautiful 5-acre wooded parcel offers the perfect blend of privacy and possibility. Ready for your custom home! Mature trees provide natural beauty and seclusion while giving you room to create your ideal homesite. Convenient location just 15 minutes to I-70/Cloverdale, 50 minutes to Bloomington, under an hour to Indianapolis, and 10-15 minutes to Cagles Mill Lake/Lieber State Park. A great

    Khloe Anderson Land Pro Realty

    Tract 5 Hudson Hill Rd, Spencer, IN 47460

Home Price Trends

Median Sale Price
$187,500
Median Single Family Sale Price
$193,000
Median 2 Bedroom Sale Price
$185,000
Average Price Per Sq Ft
$130
Number of Homes for Sale
15
Last 12 months Home Sales
32
Months of Supply
5.60
Median List Price
$219,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
-6%
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