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506 W Market Street

Spencer, IN 47460

2 beds
1 bath
1,099 sqft
7,492 sqft lot
$122 per sqft
1950 build

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This cozy 2 bedroom, 1 bath bungalow is nestled on a quiet corner lot in Spencer. The home features well-proportioned bedrooms with ample closet space, a spacious living room, and an eat-in kitchen. The recently remodeled bathroom adds modern comfort, while the convenient laundry/mudroom offers extra storage. Step outside to enjoy the landscaped yard with a wide range of colorful flowers that grow throughout the year. Additional highlights include a 1-car detached garage, multiple off-street parking spaces, a storage shed and a charming front porch ideal for relaxing and enjoying the peaceful surroundings. Property being sold "As Is".

Listing courtesy of MIBOR / HOME TEAM Properties

Last checked: Checking… • Last updated Jun 27, 2025 •

MLS# 22019496 —

The Building

Year Built:

1950
New Construction:

false
Construction Materials:

Aluminum Siding, Vinyl Siding
Architectural Style:

Bungalow
Foundation Details:

Block
Levels:

One
Basement:

true
Basement:

Cellar
Patio And Porch Features:

Open Patio, Covered Porch
Accessibility Features:

No
Green Certification:

No
Building Area Total:

1152
Below Grade Finished Area:

7

Interior

Rooms:

5
Rooms Total:

5
Rooms Total:

5
Interior Features:

Hi-Speed Internet Availbl, Eat-in Kitchen, Windows Vinyl
Other Equipment:

Sump Pump
Eating Area:

Dining Combo/Kitchen
Laundry Features:

Main Level

Room Dimensions

SqFt:

1092
Main Level SqFt:

1092
Living Area:

1099

Financial & Terms

Buyer Financing:

Conventional

Location

Directions:

GPS Friendly
Latitude:

39.2848839
Longitude:

-86.768431

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

601020400400267028
Acres:

<1/4 Acre
Lot Features:

Corner Lot
Lot Size Acres:

0.172
Lot Size SqFt:

7,492 Sqft
Price Per Acre:

784884
Additional Parcels:

false
View:

false
Waterfront:

false
Horse Amenities:

None
Fence:

No

Listing Agent

Contact info:

Taxes

Tax Lot:

601020400400267028
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption,Mortgage Tax Exemption

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

1
Full Baths:

1
Full Baths:

1
Full Baths Main:

1

The Listing

Heating & Cooling

Heating:

Forced Air, Natural Gas

Utilities

Water Source:

Municipal/City
Solid Waste:

No

Appliances

Appliances:

Dryer, Electric Water Heater, Microwave, Electric Oven, Refrigerator, Washer

Schools

Elementary School:

Spencer Elementary School
Middle Or Junior School:

Owen Valley Middle School
High School:

Owen Valley Community High School
High School District:

Spencer-Owen Community Schools

The Community

Subdivision Name:

No Subdivision
Spa:

false
Pool Private:

false
Association:

false

Parking

Parking Features:

Detached
Garage:

true
Garage Spaces:

1
Garage SqFt:

432

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$128/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
6/27/25 Jun 27, 2025	Sold	MIBOR	$135,000	-3.5%
5/30/25 May 30, 2025	Pending	MIBOR	$139,900
5/21/25 May 21, 2025	Price Changed	MIBOR	$139,900	-3.2%

House Sold on 6/27/2025

$135,000

Listing provided by broker:

Samantha Carver

HOME TEAM Properties

scarver@homefinder.org

Newest listings in Spencer, IN

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Listing Courtesy of: MIBOR and HOME TEAM Properties.

IDX 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 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.

Data is deemed reliable but is not guaranteed accurate by the Broker Listing Cooperative® listing service

506 W Market Street

Spencer, IN 47460