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7114 Locust Lake W Drive

Spencer, IN 47460

2 beds
2 baths
2,928 sqft
~3 acre lot
$119 per sqft
1965 build

Looking for a home on the lake? Take a look at this beauty!! 2 Bedroom, 2 Bath brick home with a full basement is situated on 2.93 acres right on Locust Lake. Home has a fenced in yard in the front for allowing pets and/or kids to be outside and not be around the lake. The home has an outside generator included. Also, in addition to the attached 2 car garage, there is a 12x16 shed, a 10x10 shed, and an 8x12 shed for additional storage needs. The screened in porch and deck overlooking the lake allows for taking advantage of relaxing or entertaining. Stairs from the back lead down to the dock and the lake. The inside of the home offers spacious living, including a full basement and a fireplace on each level. So many possibilities with this home!! Convenient location, non ski lake, easy access to main highway, and so much more.

Listing courtesy of MIBOR / Keith Realty & Auction Group

Last checked: Checking… • Last updated May 17, 2025 •

MLS# 22039449 —

The Building

Year Built:

1965
New Construction:

false
Construction Materials:

Brick, Vinyl Siding
Architectural Style:

Ranch
Levels:

One
Basement:

true
Foundation Details:

Block, Full
Accessibility Features:

No
Green Certification:

No
Building Area Total:

2928
Below Grade Finished Area:

1344

Interior

Rooms:

5
Rooms Total:

6
Rooms Total:

5
Interior Features:

Supplemental Storage, Walk-in Closet(s)
Eating Area:

Dining Combo/Kitchen
Fireplaces Total:

2
Fireplace Features:

Basement, Dining Room, Insert, Woodburning Fireplce

Room Dimensions

SqFt:

1584
Main Level SqFt:

1584
Living Area:

2928

Location

Directions:

GPS Friendly
Latitude:

39.393826
Longitude:

-86.779735

The Property

View:

true
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Parcel Number:

600717200160000024
Acres:

1-3 Acres
Lot Size Acres:

2.93
Lot Size SqFt:

127,631 Sqft
Price Per Acre:

119420
Additional Parcels:

true
Additional Parcels Description:

600718100090000024
Waterfront:

true
Waterfront Features:

Dock, Lake Front, Water Access, Waterfront
Horse Amenities:

None

Listing Agent

Contact info:

Taxes

Tax Lot:

4 5
Tax Year:

2024
Tax Exemptions:

Homestead Tax Exemption
Semi Annual Property Tax Amt:

817

Beds

Beds:

2
Bedrooms:

2
Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Baths:

2
Full Baths:

2
Full Baths:

1
Full Baths Main:

1
Full Baths Basement:

1

Heating & Cooling

Heating:

Forced Air, Propane
Fuel:

Propane Leased

Utilities

Water Source:

Private Well
Solid Waste:

No

Appliances

Appliances:

Dryer, Gas Oven, Propane Water Heater, 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:

Locust Lake
Association Fee Frequency:

Annually
Association:

true
Association Fee:

825
Management Company Name:

Todd Jacobson
Ownership Interest Types:

Mandatory Fee

Parking

Parking Features:

Attached
Garage:

true
Garage Spaces:

2
Garage SqFt:

440

Monthly cost estimate

Asking price

$349,900

Expense	Monthly cost
Mortgage	$1,873
Taxes	$136
Insurance	$96
HOA fees	$69
Utilities	$178 See report
Total	$2,352/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/17/25 May 17, 2025	Listed / Active	MIBOR	$349,900

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This house located in IN 47460 is currently for sale for $349,900. 7114 Locust Lake W Drive is a 2,928 square foot house with 2 beds and 2 baths. This house is in the attendance area of Owen Valley Community High School.

Listing Courtesy of: MIBOR and Keith Realty & Auction Group.

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.
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