Properties

1120 Cedar Lane, Spencer, Indiana 47460 MLS 202603470

2.50 acre - 1120 Cedar Lane, Spencer, Indiana 47460

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Property Description

This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property’s inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home’s good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 202603470
Price : $124,900
Bedrooms : 3
Rooms : 7
Bathrooms : 1
Half Bathrooms : 1
Year Built : 1994
Lot Area (ACRES) : 2.50
Total Finished SqFt : 1,500
Address Map
Country : US
State : IN
City : Spencer
Area : Owen County
Subdivision : None
Zipcode : 47460
Street : Cedar
Street Number : 1120
Floor Number : 0
Longitude : W87° 4' 25.4''
Latitude : N38° 7' 0.4''
Additional Details
Property SubType : Site-built home
Status : Active
Pool Y/N : No
Style : One story
School District : Spencer-owen community schools
Elementary : Spencer
Middle School : Owen valley
High School : Owen valley
Waterfront Y/N : No
New Construction : No
Investment Property Y/N : Yes
Lot Dimensions : irregular
# of Fireplaces : 0
Main Level SqFt : 0
Approx. Lot Size SqFt : 108,900
Total Baths : 2
Annual Taxes : $1,287
Association Dues $ : $0
Other Fees $ : $0
Garage Y/N : Yes
Fireplace Y/N : No
Garage Type : Attached
Laundry Level : Main
Water Utility : Well needed
Sewer : Septic
REO Y/N : Yes
Basement Y/N : No
LOT DESCRIPTION : Slope, Partially wooded, Irregular, Wooded, Rolling
EXTERIOR : Vinyl
BASEMENT/FOUNDATION : Crawl
HEATING/FUEL : Forced air, Electric
SALE INCLUDES : Water heater electric
ARCHITECTURAL STYLE : Ranch
BASEMENT MATERIAL : Block
AMENITIES : Deck open, Dryer hook up electric, Tub/shower combination
ROOF MATERIAL : Asphalt
FLOORING : Other
Age : 32

Listing provided courtesy of: Evergreen Real Estate & Auctions, Ronita Walcott.

Residential For Sale
  • Listing ID : 202603470
  • Bedrooms : 3
  • Bathrooms : 1
  • Lot Area (ACRES) : 2.50 acre
  • Visits : 0
$124,900
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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