279 E Franklin St

Spencer, IN 47460

$164,900
Price
3
Beds
3,862 Sq. Ft.
$43 / Sq. Ft.
3,862
Sq. Ft.
$43
per Sq. Ft.
New
New

Description

Situated at 279 E Franklin ST in SPENCER, IN, USA, this distinctive single-family residence, constructed in 1931, represents a truly compelling opportunity. It stands as an excellent prospect for discerning investors and also extends an inviting call to handy homeowners prepared to realize its full potential. Within this dwelling, the kitchen emerges as a particularly inviting space with dining a separate room adequately spaced. The residence extends across a substantial 2814 square feet of living...Situated at 279 E Franklin ST in SPENCER, IN, USA, this distinctive single-family residence, constructed in 1931, represents a truly compelling opportunity. It stands as an excellent prospect for discerning investors and also extends an inviting call to handy homeowners prepared to realize its full potential. Within this dwelling, the kitchen emerges as a particularly inviting space with dining a separate room adequately spaced. The residence extends across a substantial 2814 square feet of living area, thoughtfully distributed over 1.5 stories, providing considerable room for comfortable living. It comprises three well-appointed bedrooms, offering versatile accommodation options, complemented by a single full bathroom. Set upon an expansive 8712 square foot lot, the property provides ample outdoor space for various endeavors. This enduring structure, with its 1931 provenance, embodies a significant investment opportunity, appealing to those keen on property enhancement or portfolio expansion. This property ultimately presents a unique foundation for future aspirations, owner occupant and investors alike!
  1. Listed by Sheila Hubbard • Diverse Property Solutions Ind

Property Details for 279 East Franklin Street

Architectural Style
Traditional
Subdivision Name
Spencer
Township
Washington
LISTING UPDATED: 02/06/2026 05:26 PM

Property Details for 279 East Franklin Street

StatusActive
MLS #22082415
Days on Market1
Taxes$1,927 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1931
Lot Size0.20 AC / 8,712 SF
CountyOwen County

Location

Listing Courtesy of Diverse Property Solutions Ind
Add your commute

Building Information for 279 East Franklin Street

Stories-Year Built1931Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$1,125 per month

30 year fixed, 6.15% Interest

Principal and Interest

$804

Property Taxes

$321

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 279 East Franklin Street

Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: GPS Friendly
  • Postal Code: 47460
  • Postal Code Plus4: 1819
  • State Or Province: IN
Taxes and HOA Information
  • Parcel Number: 601021300400221028
  • Semi Annual Property Tax Amt: 1927
  • Tax Year: 2024
  • TaxLot: 21-22
School Information
  • High School: Owen Valley Community High School
  • Middle Or Junior School: Owen Valley Middle School
  • School District: Spencer-Owen Community Schools
Parking
  • Garage YN: Yes
  • Garage Spaces: 1.0
  • Garage SqFt: 364
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 8712.0
  • Lot Size Acres: 0.2
  • Main Level SqFt: 1646
  • New Construction: False
  • Living SqFt: 1168.0
  • Sqft Total: 2814.0
  • Sq Ft Total: 3862.0
  • Year Built Numeric: 1931
  • Below Grade Finished Area: 0.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: Yes
  • DPRYN: No
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: Spencer E 1/2 Lots 21 & 22
  • Photos Count: 18
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stone
  • Foundation Details: Block
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: None
  • Basement Description: Unfinished
  • Basement YN: Yes
  • Cooling: Central Air
  • Eating Area: Separate Room
  • Heating: Forced Air
  • Interior Features: Built-in Features, Hardwood Floors, Pantry, WoodWorkStain/Painted, Wood Work Stained
  • Levels: One and One Half
  • Room List: Living Room, Kitchen, Primary Bedroom, Bedroom 2, Dining Room, Bonus Room
  • Room and Features: Living Room-Main, Kitchen-Main, Primary Bedroom-Main, Bedroom 2-Main, Dining Room-Main, Bonus Room-Upper
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 1
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 7
  • Rooms Total MU: 7
  • Total Rooms: 7
Room 1
  • Room Level: Main
  • Room Dimensions: 14x16
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 12x16
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 12x14
  • Room Type: Primary Bedroom
Room 4
  • Room Level: Main
  • Room Dimensions: 10x09
  • Room Type: Bedroom 2
Room 5
  • Room Level: Main
  • Room Dimensions: 10x12
  • Room Type: Dining Room
Room 6
  • Room Level: Upper
  • Room Dimensions: 10x12
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Count: 1
  • Full Baths Basement: 0
  • Full Baths Main: 1
  • Full Baths MU: 1
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 3
  • Bedrooms MU: 3
  • Bedrooms Total: 3

Property History for 279 East Franklin Street

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

MIBORMLS #22082415

$164,900—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

MIBORMLS #22082415

$164,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 279 East Franklin Street

Taxable ValueLand$15,100Additions$177,600Total$192,700
Tax Record2024$3,854 ($321 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,646 SqFtAbove Grade Finished SqFt1,646 SqFtStories1Lot Size8,712 SqFtStyleSingle Family ResidenceYear Built1906Year Renovated1931CountyOWENAPN60-10-21-300-400.221-028

Schools near 279 East Franklin Street

This home is within Spencer-Owen Community Schools.
Rating
School
Type
Grades
Distance
Spencer Elementary School
Public - PK to 6
Owen Valley Middle School
Public - 7 to 8
Owen Valley Community High School
Public - 9 to 12
McCormick's Creek Elementary School
Public - K to 6
Rating
School
Distance
Spencer Elementary School
PublicPK to 6

Owen Valley Middle School
Public7 to 8

Owen Valley Community High School
Public9 to 12

McCormick's Creek Elementary School
PublicK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 279 East Franklin Street, Spencer, IN 47460

279 East Franklin Street is a single family home for sale in Spencer, IN 47460. This property was listed for sale on February 6, 2026 by Diverse Property Solutions Ind, it's currently listed at $164,900. This listing's school district is Spencer-Owen Community Schools. Nearby schools include Spencer Elementary School, Owen Valley Middle School and Owen Valley Community High School. 279 East Franklin Street is a 3-bed, 1-bath, 3,862 sqft single family home built in 1931.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Diverse Property Solutions Ind

Based on information submitted to the MLS GRID as of 02/06/2026 05:26 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.