2 months on rocket

7380 Locust Lake W Dr, Spencer, IN, 47460

$39,900

0.56 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Lot
MLS #22005894
Lot Size0.56 Acres
StatusActive

About 7380 Locust Lake W Dr

Lakefront Property on Locust Lake in Northern Owen County Discover a unique opportunity to own a serene .56-acre lakefront lot in the private community of Locust Lake. This peaceful retreat invites you to bring your fishing poles and explore the natural beauty surrounding you. The property features a permanent 8'x15' shed with an additional 8'x15' deck, perfect for convenient storage and relaxation. A 150' gravel lane leads you to the center of the lot, providing ample parking space. Included in the sale are a pontoon, paddle boat, and kayak rack, making it easy to enjoy the lake. While the property currently has no utilities onsite, REMC electricity and high-speed internet are available within the community. Annual HOA fees are paid in August. This property offers the ideal setting to build your dream home or to enjoy as a recreational getaway. Don't miss this chance to own a slice of tranquility on Locust Lake!

Property Details

Property Features

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: cmauder@c21scheetz.com
  • Listing Agent: Corey Mauder

Lot Features

Lot Information:

  • Lot Size: 0.56 Acres

Other

Directions Information:

  • Directions: GPS Friendly

Price Information

Listing Price Info

Price Summary:

  • List Price: $39,900

HOA Fees:

  • Amount: $415
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Spencer, IN.

Med. Sold Price

$285K

Med. Price/SqFt

$153

Avg. Days On Market

40

# of Sold Homes

15

7380 Locust Lake W Dr vs Spencer

73 DAYS ON ROCKET

+33 Days

$39,900

-$245.1K Less

KEY TAKEAWAY

This property is $245.1K less than the Median Sold Price in Spencer, IN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MIBOR
  • MLS Number: #22005894

Listing Office:

  • Office Name: CENTURY 21 Scheetz
  • Office Email: cmauder@c21scheetz.com
  • Listing Agent: Corey Mauder

IDX Listings courtesy of Metropolitan Indianapolis Board of REALTORS® MLS as distributed by MLS GRID.

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.

Copyright ©2024 MIBOR REALTOR® Association. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Based on information submitted to the Broker Listing Cooperative listing service. All information provided is deemed reliable but is not guaranteed and should be independently verified. All data is obtained from various sources and may not have been verified by broker or Broker Listing Cooperative listing service. 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.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:46:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$301

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$186

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-819835
6
/10
  • Gosport Elementary School

  • 9th St

  • 6.96 miles

  • Public District Grades PK-6

school-card-donut-819836
4
/10
  • Spencer Elementary School

  • 151 E Hillside Ave

  • 7.58 miles

  • Public District Grades PK-6

school-card-donut-819837
6
/10
  • Cloverdale Elementary School

  • 311 E Logan St

  • 7.96 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,158. Most Spencer, IN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7380 Locust Lake W Dr

What is the listing price of this property?

The listing price of 7380 Locust Lake W Dr property is $39,900.

What type of property is this?

The property 7380 Locust Lake W Dr is land located in Spencer, Indiana, 47460.

Is this property for sale now?

Active Listing: 7380 Locust Lake W Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 7380 Locust Lake W Dr is 0.56 acres.
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Rocket HomesIndianaOwen CountySpencer474607380 Locust Lake W Dr

This home is located at 7380 Locust Lake W Dr in Spencer, IN and zip code 47460. This home sits on a 0.56 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $39,900.

Spencer, IN housing market in November 2024 saw over 3 listings sold above listed price, more than 6 sold at listed price and over 6 sold below. The number of homes for sale in Spencer, IN decreased by 3.3% between October 2024 and November 2024. While the average time on the market in November 2024 was 40 days, the median list price was $285,000.

From Rocket Homes Real Estate and based on county public records data.

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