Spencer Real Estate

Nestled in the heart of Indiana, Spencer is a charming town that offers a perfect blend of small-town charm and modern amenities. Located in Owen County, IN, Spencer is known for its picturesque landscapes, friendly community, and rich history.

With a population of approximately 2,200 residents, Spencer provides a tight-knit community feel where neighbors quickly become friends. The town boasts a thriving downtown area with local shops, restaurants, and community events that bring residents together.

Nature enthusiasts will appreciate Spencer's proximity to outdoor recreational opportunities, including McCormick's Creek State Park and the scenic White River. Whether you enjoy hiking, fishing, or simply taking in the beauty of the great outdoors, Spencer has something for everyone.

For those looking to call Spencer home, the real estate market offers a variety of options, from historic homes with character to modern properties with all the conveniences. Whether you're a first-time homebuyer or looking to upgrade, Spencer has something to offer every buyer.

Newest Listings in Spencer

$219,900

2 Beds ⋅ 1 Baths ⋅ 202435608 MLS ⋅ 1,604 SqFt. ⋅ Rene West

Super cute remodeled 2 bedroom, 1 bath home in town. The eat-in kitchen has granite counter tops, stainless steel appliances and gas range, living room has built-in shelving, bathroom has large walk-in tiled shower and granite top vanity, bedrooms have plenty of closet space and windows letting light pour in. New concrete poured front and back porch with parking area.

152 W North Street, Spencer

Listing courtesy of Rene West from West & Co., REALTORS. Cell: 812-585-0420

$290,000

2 Beds ⋅ 1 Baths ⋅ 202435602 MLS ⋅ 1,020 SqFt. ⋅ Judson Casebeer

Check out this freshly remodeled 2 bedroom, 1 bath bungalow located in Spencer, In. In addition to being recently remodeled, this property includes existing investment income opportunities. The house has been completely remodeled with new carpet, new vinyl windows, new baseboard heaters, new vinyl floor, new toilet, new vanity, and fresh paint inside and out just to name a few. The enclosed front porch provides a great additional space that can be used for a variety of purposes. This property also includes a rented 1-bedroom trailer, and 3 rented trailer lots. Essentially, there are up to 4 potential rental incomes on one piece of property (5 if the house was rented) should a new owner continue with that route. With a large .84 acre lot, the opportunities for a future owner are endless. Conveniently located within walking distance of the desirable downtown Spencer. For additional questions or information on the investment income, contact the listing agent.

510 E Franklin Street, Spencer

Listing courtesy of Judson Casebeer from Millican Realty. Cell: 215-450-1437

$250,000

202435597 MLS ⋅ Trent Keith

Nice piece of land ready for a fresh start! Building will need to be torn down. If you're looking for property that has great potential with all the traffic from Spencer to Bloomington this is a must see!

3583 E State 46 Highway, Spencer

Listing courtesy of Trent Keith from Keith Realty & Auction Group. Office: 812-714-8250

$259,000

3 Beds ⋅ 2 Baths ⋅ 202435336 MLS ⋅ 1,590 SqFt. ⋅ Verl Keith

This beautiful all brick home is visibly in immaculate condition both inside and out in a prime location. The covered front porch is very inviting and welcomes you into the home where you will step into a nice large living room as well as a dining area great for entertainment or gatherings, has 3 bedrooms, 2 full baths. A new roof and gutters were put on the house, the 24x25 attached garage as well as the 24x20 2 car detached garage in the fall of 2023. This property also offers a 12x16 back porch and a little yard for enjoyment.

151 N Park Avenue, Spencer

Listing courtesy of Verl Keith from Keith Realty & Auction Group. Office: 812-714-8250

$265,000

1 Beds ⋅ 1 Baths ⋅ 202435082 MLS ⋅ 1,686 SqFt. ⋅ Courtney Mullis

Ready to move in or rent out! This charming one-bedroom log cabin sits on 5 stunning acres in Monroe County, offering endless possibilities. Whether you're looking for a rental investment, hobby farm, weekend retreat, or a cozy getaway for IU football and basketball games, this property has it all. Updated in 2024 with a new furnace, AC, and water heater, this home has been impeccably maintained. The open floorplan is accentuated by gorgeous ash hardwood floors, creating a warm and inviting space. The main level features a comfortable bedroom, offering convenience and accessibility, while the expansive loft provides endless versatility—perfect for a home office, guest room, or additional living space. Surrounded by untouched natural beauty, this land has not been timbered for 40 years, preserving its majestic landscape and abundant wildlife. Nature lovers will enjoy exploring the property, and with plenty of room for animals, the included bird loft adds a special touch for outdoor enthusiasts. Whether you're seeking solitude or easy access to nearby amenities, this property offers both. Located on a private road, it provides the peace and seclusion you crave, just minutes away from all conveniences.

5277 N Fenceline Road, Spencer

Listing courtesy of Courtney Mullis from Berkshire Hathaway HomeServices Indiana Realty-Bloomington. Cell: 812-327-0650

$424,900

4 Beds ⋅ 4 Baths ⋅ 202435047 MLS ⋅ 4,032 SqFt. ⋅ Samantha Carver

Welcome home to 3167 Horse Farm Drive. This remarkable 4 bedroom, 4 bath 4212 sq ft property rests upon 5.21 secluded acres at the end of a private road. The main level boasts open concept living room, dining room and kitchen with doors leading out to the grand deck. The fully finished walkout basement features the in-law suite, an exercise room, office space and an extensive entertainment area heated by a wood burning stove. Nothing is held back on this tastefully designed home, including custom Graber cabinetry, custom trim, natural stone accents, commercial grade laminate flooring, wrap around deck and so much more. Fabulous views of the wooded property and wildlife can be experienced everywhere. There is also a 2-car attached garage and a 32x56 heated pole barn with a concrete floor to store your additional vehicles or perhaps create an amazing shop. Home is hard-wired for a generator back-up.

3167 Horse Farm Drive, Spencer

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

$220,000

2 Beds ⋅ 1 Baths ⋅ 202434909 MLS ⋅ 1,132 SqFt. ⋅ Joannie Sheese

Cute 2 bedroom, 1 bath farm house on 1.38 acres. This cutie has had several updates including: new roof, gutters, hvac, water heater and electrical. Large remodeled bathroom with tiled shower and standalone tub. There is fenced pasture area with barn. Located just 5 minutes from town.

2665 N 231 Highway, Spencer

Listing courtesy of Joannie Sheese from West & Co., REALTORS. Cell: 812-585-0420

$139,900

2 Beds ⋅ 1 Baths ⋅ 202434894 MLS ⋅ 912 SqFt. ⋅ Rene West

Cute newly remodeled home in town. 2 bedroom, spacious bath, eat-in kitchen with nice cabinetry and farm sink, large laundry room. News include roof, gutters, electric, kitchen with brand new appliances, furnace 2 yrs old. Nice 12x12 yard shed with electric and plenty of parking space.

37 E Tanner Avenue, Spencer

Listing courtesy of Rene West from West & Co., REALTORS. Cell: 812-585-0420

$255,000

3 Beds ⋅ 1 Baths ⋅ 202434874 MLS ⋅ 960 SqFt. ⋅ Lindsey Smalling

This 5.5 acre property offers endless possibilities. Featuring two homes, it's perfect for multi-generational living or investment potential. The expansive land provides plenty of space for your personal vision-whether you're looking to builds, create a garden or simply enjoy the natural beauty. This unique property offers peace, privacy, and boundless opportunities to make it your own!

211 W Porter Ridge Road, Spencer

Listing courtesy of Lindsey Smalling from FC Tucker-Mooresville. Office: 317-210-9570

$449,000

5 Beds ⋅ 3 Baths ⋅ 202434493 MLS ⋅ 3,140 SqFt. ⋅ Michelle Stanger

This 5-bedroom, 3 bath ranch over a finished basement offers over 3,140 sq ft and is nestled on 3.85 wooded acres in Spencer! This home has had many updates this year! New roof, large picture window, new quartz countertops, new paint and new vinyl laminate flooring. There is a 14x14 sunroom finished with wood ceilings and floors. The walk-out basement offers over 1400 finished sq ft, a gas fireplace, 2 additional bedrooms, a 17x13 rec room, 23x5 storge room and another full bathroom. Relax outside on the large deck that spans nearly the entire back of the home, or on the covered front porch. Store all your lawn equipment and extras in the 16x16 shed that has electricity. The wooded area offers mature PawPaw Trees, mushroom hunting, and the trees have never been harvested! Enjoy the firepit and creek that runs through the back yard. This home offers a country setting yet conveniently located to Hwy 46! Allowing commuting to Bloomington in less than 20 minutes, Ellettsville in 10 minutes!! *well water filtration system recently replaced* * advanced filtration system for drinking water system is installed in kitchen* **Home Warranty is being offered up to $650.00**

4864 Ritter Woods Lane, Spencer

Listing courtesy of Michelle Stanger from Stanger Homes, LLC. michelle.stanger@homefinder.org

$69,000

2 Beds ⋅ 1 Baths ⋅ 202434407 MLS ⋅ 2,780 SqFt. ⋅ Samantha Carver

Have we got a handyman’s special for you! This 1.07 acre property is conveniently located off St Hwy 43, approximately 10 miles from Spencer, Ellettsville and Bloomington. Features of this 1 ½ story home include 2 bedrooms, 1 bath and a bonus room on the second floor. With 2104 sq ft of finished space and a full unfinished basement you can see that there is a lot of potential to create the home of your dreams! The house is heated by a pellet stove. Other highlights include city water, high-speed internet and 1 acre of land to call your own. Cash Only

7878 State Highway 43, Spencer

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

$169,900

2 Beds ⋅ 1 Baths ⋅ 202434119 MLS ⋅ 1,152 SqFt. ⋅ Trent Keith

Rustic cabin on 1.86 acres of mostly woods would be perfect for weekend getaways or just a relaxing place to live! This 2 bedroom, 1 bath home has a beautiful fireplace in living room. A balcony from primary bedroom and a large front porch to enjoy outdoors. Home's water supply is a cistern. Lake access is a bonus! This is a must see!

1700 Dogwood Lake Drive, Spencer

Listing courtesy of Trent Keith from Keith Realty & Auction Group. Office: 812-714-8250

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IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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