Last Sold Price
7241 Locust Lake Rd, Spencer, IN 47460

Property Details for 7241 Locust Lake Road

Status
MLS #
-
Days on Market
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
-
MLS Type
Sale / Residential / Building / 1 / 1
Year Built
2002
Lot Size
5.00 AC / 217,800 SF

Recent comparable sales

Median sold price

$125,000

Avg days on market

127

Sale-to-list ratio

89.0%

Spencer, IN

9 comparable properties found

1

$43,000

Sold 05/22/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.95
Acres
$30,000 | 61 Deer Run Drive, Spencer, IN 47460
1/9
2

$30,000

Sold 11/08/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3
Acres
3

$20,000

Sold 10/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.11
Acres
$215,000 | 25.41 North Us Highway 231, Spencer, IN 47460
1/2
4

$215,000

Sold 03/13/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
25.41
Acres
5

$32,000

Sold 07/01/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2
Acres
a view of a pathway of a garden
1/22
6

$125,000

Sold 12/20/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
17.8
Acres
a view of a lake in between two and trees
1/23
7

$130,000

Sold 11/21/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.56
Acres
8

$127,000

Sold 09/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.61
Acres
9

$125,000

Sold 10/11/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.30
Acres

Location

Add your commute

Building Information for 7241 Locust Lake Road

Stories-Residences-Year Built2002Lot Size5.00 AC / 217,800 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$647 per month

30 year fixed, 6.55% Interest

Principal and Interest

$610

Property Taxes

$37

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Rocket Mortgage1

Property History for 7241 Locust Lake Road

DateEvent & SourcePriceAppreciation
Apr 8, 2022

Sold (Public Record)

Public Record #1510676176

$120,000

+28.2% / yr

Apr 27, 2018

Sold (Public Record)

Public Record #1287678531

$45,000
Jul 24, 2017

Expired

Indiana Regional MLS #201722598

DateEvent & SourcePrice
04/08/2022

Sold (Public Record)

Public Record #1510676176

$120,000

+28.2% / yr

04/27/2018

Sold (Public Record)

Public Record #1287678531

$45,000
07/24/2017

Expired

Indiana Regional MLS #201722598

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

Public Records for 7241 Locust Lake Road

Taxable ValueLand$52,000Additions$38,700Total$90,700
Tax Record2025$449 ($37 / month)
Home Facts
Beds0Lot Size217,800 SqFtStyleSingle Family ResidenceYear Built2002Year Renovated2002CountyOWENAPN60-07-18-100-230.000-024

Schools near 7241 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 7241 Locust Lake Road, Spencer, IN 47460
$120,000
217,800
$50,000
1
552
217,800
$169,000
3
1,871
365,033
1
520
435,600
$169,000
2
2
1,870
365,033
2
1
1,209
130,680

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.

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.