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  • $255,000

    7114 Locust Lake West Dr, Spencer, IN 47460

    2beds
    2,928sqft
    Residential, Single Family Residence
    Built in 1965
    2.93 Acres Lot
    $256,800 Zestimate®
    $87/sqft
    $2,066 Estimated rent

    Home value

    $256,800

    $244,000 - $270,000

    $2,066/mo

    Zestimate® history
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    What's special

    Brick homeFull basementFenced in yardFireplace on each levelScreened in porchDeck overlooking the lakeSpacious living
    Motivated Sellers !!! 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Verl Keith 812-821-1211,

    Keith Realty & Auction Group

    Bought with:

    Alisa Miles

    Priority Realty Group

    Source: MIBOR as distributed by MLS GRID,MLS#: 22039449MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Primary bedroom
    • Level: Main
    • Area: 234 Square Feet
    • Dimensions: 18x13
    Bedroom 2
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Dining room
    • Level: Main
    • Area: 208 Square Feet
    • Dimensions: 16x13
    Kitchen
    • Level: Main
    • Area: 264 Square Feet
    • Dimensions: 22x12
    Laundry
    • Features: Other
    • Level: Basement
    • Area: 108 Square Feet
    • Dimensions: 18x6
    Living room
    • Level: Main
    • Area: 336 Square Feet
    • Dimensions: 24x14
    Heating
    • Forced Air, Propane
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Gas Oven, Propane Water Heater, Refrigerator, Washer
    Features
    • Supplemental Storage, Walk-In Closet(s)
    • Has basement: Yes
    • Number of fireplaces: 2
    • Fireplace features: Basement, Dining Room, Insert, Wood Burning
    Interior area
    • Total structure area: 2,928
    • Total interior livable area: 2,928 sqft
    • Finished area below ground: 1,344

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • On waterfront: Yes
    • Waterfront features: Dock, Lake Front, Water Access, Waterfront
    Lot
    • Size: 2.93 Acres
    Details
    • Additional parcels included: 600718100090000024
    • Parcel number: 600717200160000024
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Residential, Single Family Residence
    Materials
    • Brick, Vinyl Siding
    • Foundation: Block, Full
    Condition
    • New construction: No
    • Year built: 1965

    Utilities & green energy

    • Water: Private

    Community & HOA

    Community
    • Subdivision: Locust Lake
    HOA
    • Has HOA: Yes
    • HOA fee: $825 annually
    • HOA phone: 812-340-4043
    Location
    • Region: Spencer

    Financial & listing details

    • Price per square foot: $87/sqft
    • Tax assessed value: $246,600
    • Annual tax amount: $1,634
    • Date on market: 5/17/2025
    • Cumulative days on market: 301 days

    Price history

    DateEventPrice
    4/8/2026Sold$255,000-5.2%$87/sqft
    Source: MIBOR as distributed by MLS GRID #22039449 Report a problem
    3/12/2026Pending sale$269,000$92/sqft
    Source: MIBOR as distributed by MLS GRID #22039449 Report a problem
    10/23/2025Price change$269,000-0.3%$92/sqft
    Source: MIBOR as distributed by MLS GRID #22039449 Report a problem
    10/23/2025Price change$269,900-10%
    Source: IRMLS #202518255 Report a problem
    7/16/2025Price change$299,900-7.4%
    Source: IRMLS #202518255 Report a problem
    6/24/2025Price change$324,000-1.5%
    Source: IRMLS #202518255 Report a problem
    5/24/2025Price change$329,000-6%
    Source: IRMLS #202518255 Report a problem
    5/17/2025Listed for sale$349,900+107%
    Source: IRMLS #202518255 Report a problem
    7/19/2009Listing removed$169,000$58/sqft
    Source: CENTURY 21 Realty Group-Sabbagh Pickens #10048514 Report a problem
    6/4/2009Listed for sale$169,000$58/sqft
    Source: Century 21 #10048514 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,567 +6.1%$246,600 +3.9%
    2024$1,477 -1.8%$237,400 +9.9%
    2023$1,504 +36.6%$216,000 +9.6%
    2022$1,101 +7.7%$197,000 +38%
    2021$1,022 +12.2%$142,800 +4.2%
    2020$911 -2.1%$137,000 +11.8%
    2019$931 +20.8%$122,500 -0.6%
    2018$771 +6.4%$123,300 +10.9%
    2017$725 $111,200 +4.2%
    2016$725 -8.5%$106,700 +3.5%
    2014$792 +19.8%$103,100 +0.6%
    2013$661 -16.5%$102,500 -3.1%
    2012$791 +9.6%$105,800 +3%
    2011$722 -65.8%$102,700 -2.8%
    2010$2,114 -1.8%$105,700 -5.7%
    2009$2,153 +453.9%$112,100 +1.4%
    2007$389 -35.9%$110,500 +1.3%
    2006$606 $109,100
    Find assessor info on the county website

    Neighborhood: 47460

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spencer Elementary School
    • 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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    $261,936