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1120 Cedar Lane
Spencer, IN 47460

$114,900 - Status: Active
Beds: 3
Baths: 1 full 1 partial
SQFT: 1,500
MLS# 202603470

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.

Property Features

MLS#: 202603470
Zip: 47460
Subdivision:
Development: Clay
Property Type: Residential - Single Family
Basement: Crawl
Cooling: None
Days on Site: 90
Garage: 2 car attached
Heating: Electric, Forced Air
Home Style: Ranch
Lot Size: 2.50 acres
Roof Type: Asphalt
Stories: 1.0
Taxes: $1,286
Year Built: 1994

Feature Descriptions

Above Grade Finished SQFT: 1500
Amenities: Deck Open, Dryer Hook Up Electric, Tub/Shower Combination
Exterior: Vinyl
Garage SQFT: 720
Location: Rural
Lot Description: Irregular, Partially Wooded, Rolling, Slope, Wooded
Lot Dimensions: irregular
Number of Rooms: 7
Sale Inclusions: Water Heater Electric
Sewer: Septic
Total Finished SQFT: 1500
Water: Well Needed

Room Sizes

Bedroom 1: 10x10 Level - Main
Bedroom 2: 12x15 Level - Main
Bedroom 3: 10x12 Level - Main
Dining Room: 15x12 Level - Main
Kitchen: 15x10 Level - Main
Living Room: 15x18 Level - Main
Laundry: 10x8 Level - Main

Local Schools

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

1120 Cedar Lane | MLS# 202603470

This single family home located at 1120 Cedar Lane, Spencer, IN 47460 is currently listed for sale with an asking price of $114,900. This property was built in 1994 and has 3 bedrooms and 1 full and 1 partial baths with 1500 sq. ft. Cedar Lane is located within the Spencer-Owen Community Schools school district. Search Spencer real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Evergreen Real Estate & Auctions
Agency Contact: Cell: 812-327-6201
Agent Name: Ronita Walcott

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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IDX information is provided exclusively for 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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