Sold
Last Sold Price
1 bed425 sqft
516 Bush Rd,Ā Spencer, INĀ 47460
Single FamilyProperty Type
0.24 acresLot Size
1990Year Built
$111/sq ftPrice per sq ft

Description

Beautiful plot of land with stunning view of lake Locust. This land comes with a Cottage that just needs some minor updates for a perfect get away spot. This is a perfect country retreat with a budget. This lot and land is being sold AS-IS. Dimensions are estimates only.Beautiful plot of land with stunning view of lake Locust. This land comes with a Cottage that just needs some minor updates for a perfect get away spot. This is a perfect country retreat with a budget. This lot and land is being sold AS-IS. Dimensions are estimates only.
Listing closed: 10/18/2022 12:00 AM • Source: MIBORMLS, MLS#: 21852243

Recent comparable sales

Median sold price

$139,000

Avg days on market

53

Sale-to-list ratio

91.1%

Spencer, IN

9 comparable properties found

$48,000 | 2408 Clay Road, Spencer, WV 25276
1/16
1

$48,000

Sold 02/09/26

1
Bedrooms
400
Square Feet
0.25
Acres
$235,900 | 2381 Ponderosa Road, Spencer, IN 47460
1/60
2

$235,900

Sold 06/16/25

1
Bedrooms
888
Square Feet
7.89
Acres
$57,000 | 1849 Forsythe Lane, Spencer, IN 47460
1/11
3

$57,000

Sold 07/11/25

1
Bedrooms
560
Square Feet
3
Acres
$139,000 | 6073 Old Cuba Road, Spencer, IN 47460
1/14
4

$139,000

Sold 01/03/25

2
Bedrooms
1,000
Square Feet
1.15
Acres
$95,000 | 6234 Greens Bluff Road, Spencer, IN 47460
1/10
5

$95,000

Sold 02/25/25

1
Bedrooms
540
Square Feet
1.65
Acres
$400,000 | 105 Clark Road, Spencer, MA 01562
1/39
6

$400,000

Sold 12/12/24

1
Bedrooms
912
Square Feet
0.12
Acres
$50,000 | 7878 Highway 43, Spencer, IN 47460
1/19
7

$50,000

Sold 10/03/24

2
Bedrooms
2,104
Square Feet
1.24
Acres
$265,000 | 5277 West Fenceline Road, Spencer, IN 47460
1/25
8

$265,000

Sold 10/14/24

1
Bedrooms
918
Square Feet
5.01
Acres
a view of a building with snow on the road
1/24
9

$340,000

Sold 04/01/25

1
Bedrooms
690
Square Feet
0.25
Acres

Location

Listing Courtesy of F.C. Tucker Company

Sold By Seasons of Indiana Real Estate

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Property Information for 516 Bush Road

Property Details
  • Taxes: $160 semi-annually
  • MLS Type: Residential / Single Family Residence
  • County: Owen County
  • Architectural Style: Contemporary
  • Subdivision Name: No Subdivision
  • Township: Taylor
  • Waterfront: Yes
Building Information
  • Year Built: 1990
  • Lot Size: 0.24 AC / 10,454 SF
Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: From State Rd 231, Turn West on Bush Rd to the drive on the left side of the road. You will need to go up a gravel road to get to the front of the white gate. Its not seen from the road.
  • Postal Code: 47460
  • State Or Province: IN
Taxes and HOA Information
  • Attic YN: No
  • Association Fee Includes: Other
  • Association Fee: $0
  • Parcel Number: 600708300190000026
  • Semi Annual Property Tax Amt: 160
  • Tax Exemption: None
  • Tax Year: 2020
  • TaxLot: n/a
School Information
  • High School: Owen Valley Community High School
  • Schools: OWEN VALLEY COMMUNITY HIGH
  • School District: Spencer-Owen Community Schools
Parking
  • Garage YN: No
Property
Lot Information
  • Acreage: <1/4 Acre
  • Lot Size Square Feet: 21780.0
  • Lot Size Acres: 0.24
  • Main Level SqFt: 425
  • MLS: MIBOR
  • New Construction: False
  • Sqft Total: 425.0
  • Sq Ft Total: 425.0
  • Year Built Numeric: 1990
  • Living Area Source: Broker
  • SqFt Total: 425
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Inspection Warranties: Not Applicable
  • Legal Subdivision: IN W 1/2 SW S8 T11 R3 .24A
  • Ownership Type: No Assoc
  • Photos Count: 30
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
  • Buyer Financing: Cash
Green Features
  • Green Certification: No
Utilities
  • Solid Waste: No
  • Water Source: Private Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Cement Siding
  • Foundation Details: Wood
  • Fuel: No Fuel Source
Interior Features
  • Appliances: None
  • Basement YN: No
  • Cooling: None
  • Eating Area: Other Eating Area
  • Fireplaces Total: 0
  • Heating: No Heating
  • Interior Features: Windows Vinyl
  • Levels: One Leveland + Loft
  • Additional Equipment: Not Applicable
  • Room List: Primary Bedroom, Living Room, Kitchen
  • Room and Features: Primary Bedroom-Upper-Other, Living Room-Main-Other, Kitchen-Main-Other
  • Main Level Bedrooms: 1
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 0
  • Rooms Basement: 0
Room Information
Room Information
  • Rooms MU: 2
  • Rooms Total MU: 3
  • Total Rooms: 3
Room 1
  • Room Level: Upper
  • Room Dimensions: 12x9
  • Room Features: Other
  • Room Type: Primary Bedroom
Room 2
  • Room Level: Main
  • Room Dimensions: 25x17
  • Room Features: Other
  • Room Type: Living Room
Room 3
  • Room Level: Main
  • Room Dimensions: 10x10
  • Room Features: Other
  • Room Type: Kitchen
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: 1
  • Bedrooms MU: 1
  • Bedrooms Total: 1

Property History for 516 Bush Road

DateEvent & SourcePriceAppreciation
Oct 18, 2022

Sold

MIBORMLS #21852243

$47,000—
Oct 8, 2022

Pending

MIBORMLS #21852243

—
Aug 22, 2022

Price Change

MIBORMLS #21852243

$52,000—
DateEvent & SourcePrice
10/18/2022

Sold

MIBORMLS #21852243

$47,000
10/08/2022

Pending

MIBORMLS #21852243

—
08/22/2022

Price Change

MIBORMLS #21852243

$52,000

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

Schools near 516 Bush Road

This home is within Cloverdale Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Cloverdale Elementary School
PublicPK to 4

Cloverdale Middle School
Public5 to 8

Cloverdale High School
Public9 to 12

Cloverdale Distance Learning Academy
PublicK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 516 Bush Road, Spencer, IN 47460
$47,000
1
425
10,454
$25,000
3
1
256
136,343
$67,500
3
988
43,560
–
–
1
720
21,780
–
2
1
1,040
21,780
–
–
–
–
74,923

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of F.C. Tucker Company

Based on information submitted to the MLS GRID as of 01/27/2023 06:23 AM. 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.