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Active under contract
    • $114,900

    1120 Cedar Ln, Spencer, IN 47460

    3beds
    1,500sqft
    Single Family Residence
    Built in 1994
    2.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Private wooded lotThree bedroomsEstablished lot characteristicsScenic beautyNatural seclusion and tranquilityRolling hills viewsOne bathroom
    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 attractive 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.
    162 days
    |
    1,173
    |
    67
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronita Walcott Cell:812-327-6201,

    Evergreen Real Estate & Auctions

    Source: IRMLS,MLS#: 202603470MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Bedroom 1
      • Level: Main
      Bedroom 2
      • Level: Main
      Dining room
      • Level: Main
      • Area: 180
      • Dimensions: 15 x 12
      Kitchen
      • Level: Main
      • Area: 150
      • Dimensions: 15 x 10
      Living room
      • Level: Main
      • Area: 270
      • Dimensions: 15 x 18
      Heating
      • Electric, Forced Air
      Cooling
      • None
      Appliances
      • Included: Electric Water Heater
      • Laundry: Electric Dryer Hookup
      Features
      • Tub/Shower Combination
      • Flooring: Other
      • Basement: Crawl Space,Block
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 1,500
      • Total interior livable area: 1,500 sqft
      • Finished area above ground: 1,500
      • Finished area below ground: 0
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Gravel
      • Attached garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      • Fencing: None
      Lot
      • Size: 2.5 Acres
      • Features: Irregular Lot, Few Trees, Rolling Slope, Sloped, Wooded, Rural
      Details
      • Parcel number: 601731300140.000016
      • Special conditions: Real Estate Owned

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Gas: None
      • Sewer: Septic Tank
      • Water: Well Needed

      Community & HOA

      Community
      • Features: None
      • Subdivision: None
      Location
      • Region: Spencer

      Financial & listing details

      • Tax assessed value: $203,400
      • Annual tax amount: $1,286
      • Date on market: 2/4/2026
      • Listing terms: Cash

        Foreclosure details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,898/mo

        Price history

        DateEventPrice
        9/26/2025Sold$140,066-19%$93/sqft
        Source: Public Record Report a problem
        3/1/2023Listing removed$173,000
        Source: IRMLS #202303413 Report a problem
        2/15/2023Price change$173,000-10.4%
        Source: IRMLS #202303413 Report a problem
        2/7/2023Listed for sale$193,000+63.1%
        Source: IRMLS #202303413 Report a problem
        11/13/2019Listing removed$118,338$79/sqft
        Source: Auction.com Report a problem
        11/12/2019Price change$118,338+0%$79/sqft
        Source: Auction.com Report a problem
        11/11/2019Price change$118,319+0%$79/sqft
        Source: Auction.com Report a problem
        11/10/2019Price change$118,299+0%$79/sqft
        Source: Auction.com Report a problem
        11/8/2019Price change$118,286-0.1%$79/sqft
        Source: Auction.com Report a problem
        11/7/2019Price change$118,356+0.1%$79/sqft
        Source: Auction.com Report a problem
        11/4/2019Price change$118,283+0%$79/sqft
        Source: Auction.com Report a problem
        11/1/2019Price change$118,248+2.7%$79/sqft
        Source: Auction.com Report a problem
        10/30/2019Price change$115,181+0.1%$77/sqft
        Source: Auction.com Report a problem
        10/28/2019Price change$115,114-0.2%$77/sqft
        Source: Auction.com Report a problem
        10/25/2019Price change$115,360+0.1%$77/sqft
        Source: Auction.com Report a problem
        10/23/2019Price change$115,197-0.1%$77/sqft
        Source: Auction.com Report a problem
        10/22/2019Price change$115,306-0.3%$77/sqft
        Source: Auction.com Report a problem
        10/18/2019Price change$115,615-12.1%$77/sqft
        Source: Auction.com Report a problem
        10/15/2019Listed for sale--
        Source: Auction.com Report a problem
        1/17/2019Sold$131,482$88/sqft
        Source: Public Record Report a problem
        12/11/2018Listed for sale--
        Source: Auction.com Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,287 +6%$203,400 +5.1%
        2024$1,213 -4.1%$193,600 +7.2%
        2023$1,265 +16.7%$180,600 +6.5%
        2022$1,084 -52.1%$169,600 +22.4%
        2021$2,262 +175.2%$138,600 +5.3%
        2020$822 -1.4%$131,600 +13.3%
        2019$834 +0.3%$116,200 -1.9%
        2018$831 +5.7%$118,500 -0.8%
        2017$787 $119,400 +3.6%
        2016$787 +1.9%$115,300 +1.4%
        2014$772 +0.7%$113,700 +1.2%
        2013$767 -6.7%$112,300 +2.1%
        2012$822 -7.9%$110,000 -6.6%
        2011$892 -9.8%$117,800 -0.8%
        2010$989 -0.3%$118,700 -5.9%
        2009$992 +0.1%$126,100 +1.6%
        2007$991 -18.8%$124,100
        2006$1,220 $124,100
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 47460

        Getting around

        0 / 100
        Car-Dependent
        4 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Spencer
        • Middle: Owen Valley
        • High: Owen Valley
        • District: Spencer-Owen Community Schools

        Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

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