Listed with Samantha Carver, Home Team Properties, Office: 844-821-6051

Price $535,000
Status Active
Beds 4
Baths 2 Baths
Home size 3,585 sqft
Lot Size 2.89 ac
Days on Market 5
Welcome to 851 E Franklin St, Spencer, Indiana - a rare opportunity to own a spacious limestone ranch with 4 bedrooms, 2 baths, perfectly situated on 2.89 acres. Nestled on a corner lot this one-of-a-kind property offers flexibility, charm, and the potential to create your dream home in the heart of Spencer. Inside, you'll find nearly 3,000 sq ft of living space, and a versatile layout ideal for multi-generational living or rental potential. Multiple living spaces give this home character and comfort: enjoy a cozy den with beamed ceilings, a fireplace, and built-in bookcases with sliding glass doors that open to a generous patio. The formal dining room is flooded with natural light, while the large front living room and the 30x20 family room in the partially finished basement (complete with fireplace) provide ample space for gatherings and hobbies. The in-law suite features a private entrance, full kitchen, living room and more: perfect for extended family, guests, or additional income. Outside, the property includes an attached 2-car garage and a 20x80 detached garage with multiple overhead doors. A new roof was installed in 2024.
Property Type(s): Single Family
Last Updated 6/11/2025 Tract None
Year Built 1952 Garage Spaces 2.0
County Owen

SCHOOLS

School District Spencer-Owen Community Schools
Elementary School Spencer
Jr. High School Owen Valley
High School Owen Valley

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dryer, Electric Range, Refrigerator, Washer
BASEMENT Crawl Space, Partially Finished, Sump Pump, Yes
CONSTRUCTION Stone
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Forced Air, Natural Gas
INTERIOR Breakfast Bar, Eat-In Kitchen, Pantry, Walk-In Closet(s)
LOT 2.89 acre(s)
LOT DESCRIPTION Corner Lot, Irregular Lot
LOT DIMENSIONS Irregular
PARKING Off Street, Attached
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION None
TAXES 5204.52
WATER Well, Private
Listed with Samantha Carver, Home Team Properties, Office: 844-821-6051
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 6/16/25 12:43 AM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2025.

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