Active
3 beds2,512 sqft

7202 Locust Lake Rd, Spencer, IN 47460

Single FamilyProperty Type
17 acresLot Size
1975Year Built
$119/sq ftPrice per sq ft
4 carsParking Spaces

Description

Seller is in the process of removing vehicles and items on outside of the home but will be done very soon. This home on 17+/-acres with the magnificent views needs some TLC and is being sold AS IS but has the potential to be a jewel. Main home has 2 primary bedrooms and baths on main level with an unfinished great room area, or additional bedrooms overlooking the back deck that needs repair. Large sunroom area for sitting out on and enjoying. The partial basement has a second kitchen with dining,...Seller is in the process of removing vehicles and items on outside of the home but will be done very soon. This home on 17+/-acres with the magnificent views needs some TLC and is being sold AS IS but has the potential to be a jewel. Main home has 2 primary bedrooms and baths on main level with an unfinished great room area, or additional bedrooms overlooking the back deck that needs repair. Large sunroom area for sitting out on and enjoying. The partial basement has a second kitchen with dining, living room and bedroom. Large storage area in deep crawl area. 2Car-attached finished garage area. There is an additional home being used as a garage area but could be restored back to a one bedroom with garage. Above ground swimming pool and outside storage building. 17+/- wooded acres with possible timber and large open area for yard just makes this property the home you have been looking for! Convenient for Bloomington or Indianapolis or Terre Haute for commute. Please include AS IS addendums with offers.
20 days on Market
  • Listed by: Beth Neeley 765.795.4181 bethyourrealtor@yahoo.com • Down Home Real Est & Auction
Last updated: 09/26/2026 09:57 AM • Source: MIBORMLS, MLS#: 22127343
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Property Information for 7202 Locust Lake Road

Property Details

  • Taxes: $1,204 semi-annually
  • MLS Type: Residential / Single Family Residence
  • County: Owen County
  • Architectural Style: Ranch
  • Subdivision Name: No Subdivision
  • Township: Montgomery
  • Waterfront: No

Building Information

  • Year Built: 1975
  • Lot Size: 17.00 AC / 740,520 SF

Summary

Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: GPS Friendly
  • Postal Code: 47460
  • Postal Code Plus4: 5498
  • State Or Province: IN
  • View: No
Taxes and HOA Information
  • Attic YN: No
  • Parcel Number: 600718100040000024
  • Semi Annual Property Tax Amt: 1204
  • Tax Exemption: Homestead Tax Exemption
  • Tax Year: 2025
  • TaxLot: 0
  • Tax Block: 18
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: 4.0
  • Garage SqFt: 1200

Property

Lot Information
  • Acreage: 10-20 Acres
  • Lot Description: Not In Subdivision, Rural - Not Subdivision, Wooded
  • Lot Size Square Feet: 740520.0
  • Lot Size Acres: 17.0
  • Main Level SqFt: 1936
  • New Construction: False
  • Living SqFt: 0.0
  • Sqft Total: 1936.0
  • Sq Ft Total: 2512.0
  • Year Built Numeric: 1975
  • Below Grade Finished Area: 576.0
  • Living Area Source: Assessor
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: Yes
  • Legal Subdivision: In Ne Ne S18 T11 R3 17A
  • Photos Count: 37
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Transaction Type: Sale
Utilities
  • Solid Waste: No
  • Water Source: Private

Interior and Exterior Features

Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Details: Block, Crawl Space
  • Pool Private: Yes
  • Horse Amenities: None
Interior Features
  • Accessibility Features: No
  • Appliances: Dishwasher, MicroHood, Refrigerator
  • Basement Description: Apartment, Finished Walls, Walk-Out Access
  • Basement YN: Yes
  • Cooling: Window Unit(s)
  • Eating Area: Other Eating Area
  • Heating: Baseboard, Other
  • Interior Features: Eat-in Kitchen, Walk-In Closet(s)
  • Levels: One
  • Room List: Living Room, Kitchen, Bedroom 2, Master Bedroom, Utility Room, Great Room, Sun Room, Bonus Room, Bedroom 3
  • Room and Features: Living Room-Main, Kitchen-Main, Bedroom 2-Main, Master Bedroom-Main, Utility Room-Main, Great Room-Main, Sun Room-Main, Bonus Room-Basement-Other, Bedroom 3-Basement-Other
  • Main Level Bedrooms: 2
  • Num Bedrooms Upper: 0
  • Num Bedrooms Basement: 1
  • Rooms Basement: 4

Room Information

Room Information
  • Rooms MU: 6
  • Rooms Total MU: 6
  • Total Rooms: 10
Room 1
  • Room Level: Main
  • Room Dimensions: 22x19
  • Room Type: Living Room
Room 2
  • Room Level: Main
  • Room Dimensions: 23x8
  • Room Type: Kitchen
Room 3
  • Room Level: Main
  • Room Dimensions: 17x11
  • Room Type: Bedroom 2
Room 4
  • Room Level: Main
  • Room Dimensions: 12x16
  • Room Type: Master Bedroom
Room 5
  • Room Level: Main
  • Room Dimensions: 12x9
  • Room Type: Utility Room
Room 6
  • Room Level: Main
  • Room Dimensions: 14x40
  • Room Type: Great Room
Room 7
  • Room Level: Main
  • Room Dimensions: 40x12
  • Room Type: Sun Room
Room 8
  • Room Level: Basement
  • Room Dimensions: 12x10
  • Room Features: Other
  • Room Type: Bonus Room
Room 9
  • Room Level: Basement
  • Room Dimensions: 12x11
  • Room Features: Other
  • Room Type: Bonus Room
Room 10
  • Room Level: Basement
  • Room Dimensions: 12x12
  • Room Features: Other
  • Room Type: Bedroom 3
Room 11
  • Room Level: Basement
  • Room Dimensions: 11x11
  • Room Features: Other
  • Room Type: Bonus Room
Bathrooms
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Count: 2
  • Full Baths Basement: 0
  • Full Baths Main: 2
  • Full Baths MU: 2
  • Full Baths Upper: 0
  • Half Baths Basement: 0
  • Half Baths Main: 0
  • Half Baths MU: 0
  • Half Baths Upper: 0
Bedrooms
  • Beds MU: 2
  • Bedrooms MU: 2
  • Bedrooms Total: 3

Property History for 7202 Locust Lake Road

DateEvent & SourcePriceAppreciation
Sep 21, 2026

Listed (Active)

MIBORMLS #22127343

$299,900—
Sep 22, 2017

Sold (Public Record)

Public Record #1272660186

$150,000—
DateEvent & SourcePrice
09/21/2026

Listed (Active)

MIBORMLS #22127343

$299,900
09/22/2017

Sold (Public Record)

Public Record #1272660186

$150,000

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

Public records

7202 Locust Lake Road

Beds

2

Baths

2

Total Finished SqFt

1,936 SqFt

Above Grade Finished SqFt

1,936 SqFt

Unfinished Basement SqFt

576 SqFt

Stories

1

Schools near 7202 Locust Lake Road

This home is within Spencer-Owen Community Schools.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Gosport Elementary School
PublicPK to 6

Owen Valley Middle School
Public7 to 8

Owen Valley Community High School
Public9 to 12

Spencer Elementary School
PublicPK 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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7202 Locust Lake Road is a single family home for sale in Spencer, IN 47460. This property was listed for sale on September 21, 2026 by Down Home Real Est & Auction, it's currently listed at $299,900. It has been on the market for a total of 20 days and was last sold on September 22, 2017. This listing's school district is Spencer-Owen Community Schools. Nearby schools include Gosport Elementary School, Owen Valley Middle School and Owen Valley Community High School. 7202 Locust Lake Road is a 3-bed, 2-bath, 2,512 sqft single family home built in 1975.

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.

Listing Courtesy of Down Home Real Est & Auction

Based on information submitted to the MLS GRID as of 09/26/2026 09:57 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.