Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 2-bathroom single family at 1120 Cedar Lane in Spencer, IN is listed for $114,900 ($77 per sqft). Built in 1994, the home offers 1,500 sqft of living space on a 2.50 acres lot.
This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views.
The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal.
This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attr
active setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.
Key Features
- Built in 1994
- 2.50 acre lot
Property Details
Monthly Cost Estimate
$615/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1120 Cedar Lane
Spencer, IN 47460
None
Features & Amenities
Interior Features
Exterior Features
Property Details
Parking
Heating
Questions & Answers
This 3-bedroom, 2-bathroom single family at 1120 Cedar Lane is listed at $114,900 ($77/sqft). The estimated monthly payment is $498 based on 20% down at 6.5% interest.
Key features include: Built in 1994, 2.50 acre lot. Interior Features: Deck Open, Dryer Hook Up Electric, Tub/Shower Combination. Exterior Features: None.
This property is listed by Ronita Walcott and can be reached at 8123276201 or rwalcott@homefinder.org.




