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  • $99,000

    1120 Cedar Ln, Spencer, IN 47460

    3beds
    1,500sqft
    Single Family Residence
    Built in 1994
    2.5 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,789 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,789/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ronita Walcott Cell:812-327-6201,

    Evergreen Real Estate & Auctions

    Bought with:

    Trent Keith, RB16000005

    Keith Realty & Auction Group

    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

    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

    Price history

    DateEventPrice
    7/24/2026Sold$99,000-29.3%
    Source: IRMLS #202603470 Report a problem
    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

    Neighborhood: 47460

    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.

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