This versatile recreational and hunting property offers wooded acreage, a stocked 4+/- acre lake, and excellent outdoor opportunities all within 1 hour of Indianapolis and less than 30 minutes from Bloomington. The furnished 2-bedroom, 2-bath cabin features approximately 1,290 sq. ft., a fireplace, screened-in porch, and large deck overlooking the lake and surrounding timber. The lake includes a dock and is ideal for fishing and kayaking. A 30x60 pole barn with concrete floors and electricity provides excellent storage and workspace. Established trail systems, food plots, open fields, and an elevated deer blind make the property well-suited for deer, turkey, and small game hunting, ATV riding, hiking, and morel mushroom hunting. With beautiful wooded terrain, water features, and functional improvements, this private getaway is ready for immediate enjoyment. Properties with lakes like this rarely hit the market and do not last long.
Sold
$762,500
1271 Cedar Ln, Spencer, IN 47460
2beds
1,290sqft
Residential, Farm
Built in 1994
68.04 Acres Lot
$762,700 Zestimate®
$591/sqft
$1,587 Estimated rent
Home value
$762,700
Estimated sales range
Not available
$1,587/mo
Zestimate® history
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List your homeWhat's special
Beautiful wooded terrainWooded acreageScreened-in porchFood plotsEstablished trail systemsOpen fieldsLake includes a dock
Zillow last checked:
Listing updated:
Listed by:
Brandon Smith 317-710-9300,
Whitetail Properties,
Jay Minor
Bought with:
William Minor
Whitetail Properties
Source: MIBOR as distributed by MLS GRID,MLS#: 22102240
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Primary bedroom
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 2
- Level: Main
- Area: 150 Square Feet
- Dimensions: 15x10
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Level: Main
- Area: 352 Square Feet
- Dimensions: 22x16
Heating
- Electric, Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Dryer, Disposal, Microwave, Electric Oven, Refrigerator, Washer, Water Heater
Features
- Breakfast Bar, High Ceilings, Eat-in Kitchen
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 1,290
- Total interior livable area: 1,290 sqft
Property
Parking
- Parking features: Detached
Features
- Levels: One Leveland + Loft
- Stories: 1
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock, Lake Front
Lot
- Size: 68.04 Acres
Details
- Parcel number: 601731123040000016
- Wooded area: 2526480
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Rustic
- Property subtype: Residential, Farm
- Attached to another structure: Yes
Materials
- Wood Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: No Subdivision
HOA
- Has HOA: No
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $591/sqft
- Tax assessed value: $242,700
- Annual tax amount: $3,094
- Date on market: 5/15/2026
- Cumulative days on market: 178 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Sold | $762,500-1.6%$591/sqft |
Source:  MIBOR as distributed by MLS GRID #22102240 Report a problem | ||
| 5/20/2026 | Pending sale | $774,900 |
Source:  IRMLS #202618551 Report a problem | ||
| 5/15/2026 | Listed for sale | $774,900-9.9%$601/sqft |
Source: Whitetail Properties #111231 Report a problem | ||
| 4/14/2026 | Listing removed | $859,900 |
Source: IRMLS #202541654 Report a problem | ||
| 2/18/2026 | Price change | $859,900-4.4% |
Source: IRMLS #202541654 Report a problem | ||
| 10/14/2025 | Listed for sale | $899,900-55% |
Source: IRMLS #202541654 Report a problem | ||
| 8/20/2025 | Sold | $2,000,000-13%$1,550/sqft |
Source: MIBOR as distributed by MLS GRID #22054154 Report a problem | ||
| 8/6/2025 | Pending sale | $2,300,000$1,783/sqft |
Source: MIBOR as distributed by MLS GRID #22054154 Report a problem | ||
| 8/1/2025 | Listed for sale | $2,300,000$1,783/sqft |
Source: MIBOR as distributed by MLS GRID #22054154 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,094 +2.2% | $242,700 +5.5% |
| 2024 | $3,028 +1.1% | $230,100 +9.1% |
| 2023 | $2,994 +7.8% | $211,000 +8.2% |
| 2022 | $2,778 +5.6% | $195,000 +22.3% |
| 2021 | $2,631 -4% | $159,500 +4.2% |
| 2020 | $2,742 -7.4% | $153,100 +1.1% |
| 2019 | $2,960 -1% | $151,400 -6.9% |
| 2018 | $2,991 +0.4% | $162,700 -2.6% |
| 2017 | $2,980 | $167,000 +0.8% |
| 2016 | $2,980 -0.6% | $165,700 -1.7% |
| 2014 | $2,999 -0.9% | $168,500 +5.3% |
| 2013 | $3,026 -3.1% | $160,000 +2.5% |
| 2012 | $3,122 +937.5% | $156,100 +2.4% |
| 2011 | $301 -90.1% | $152,500 -0.1% |
| 2010 | $3,052 -2.4% | $152,600 -5.1% |
| 2009 | $3,126 +6.3% | $160,800 +2.3% |
| 2007 | $2,940 +14.2% | $157,200 +2.6% |
| 2006 | $2,575 | $153,200 |
Find assessor info on the county website
Neighborhood: 47460
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Nearby schools
GreatSchools rating
- 8/10McCormick's Creek Elementary SchoolGrades: K-6Distance: 7.8 mi
- 7/10Owen Valley Middle SchoolGrades: 7-8Distance: 8 mi
- 4/10Owen Valley Community High SchoolGrades: 9-12Distance: 7.9 mi
Schools provided by the listing agent
- Middle: Owen Valley Middle School
- High: Owen Valley Community High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Owen County
- Spencer
- 47460
- 1271 Cedar Ln
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