×
  • Left arrow.Go Back

  • Share

  • Add Note

  • Email to Friend

  • Ask a Question

  • Print

  • Heart Icon.Save

$295,000

510 E Franklin Street Spencer, IN  47460-1826

  • 2 Beds
  • 1 Baths
  • 1,020 sq. Ft

Video Chat

Schedule a Video Chat Tour

Property Description for 510 E Franklin Street Spencer, IN 47460-1826

Offering a fresh new start, this remodeled 2 bedroom, 1 bath bungalow comes with an additional investment income opportunity. The house has been completely remodeled with new carpet, new vinyl windows, new baseboard heaters, new vinyl floor, new stool, new vanity, and fresh paint inside and out just to name a few. Add personal touches to this move in ready property and it will be home in no time. The enclosed front porch provides additional space that can be tailored to your needs. This property also includes a rented 1-bedroom trailer and 3 rented trailer lots. Up to 4 additional potential rental incomes on one piece of property. Conveniently located within walking distance of downtown Spencer.

Address:510 E Franklin Street Spencer IN 47460-1826
Status:Active
on site: 46 days
Price:$295,000
Bedrooms:2 Beds
Bathrooms:1 Full Baths
Sq. Feet:1,020
Year Built:1950
Lot Size:0.84
County: Owen County
Township: Washington
School System : Spencer-Owen Community
MLS #:202407887
Property Type:Site-Built Home

Lot Dimensions:Irregular
Lot Description:Irregular,0-2.9999
Directions:From Main St and Morgan St proceed East on Morgan St. Turn Right on Fletcher Ave. Cross over the railroad tracks the property is on the left.
Total Sq. Ft. :1,020
Basement:No

Loan Price
$1,876
Price And Interest $1,539/month
Property Tax $214/month
MTG INS $0/month
HOME INS $123/month
Price
$295,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$214/month
Home Owner Insurance
$1,476 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

RoomSizeLevel
Master Bedroom 11 x 10 Main
2nd Bedroom 12 x 10 Main
Kitchen 18 x 10 Main
Living Room 15 x 18 Main

Semi-Annual Property Tax:$1,284
Tax Year:2023
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460-1826

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Spencer

Total Sq. Ft.:1,020
Appliances:Refrigerator, Washer, Dryer-Electric, Range-Electric
Exterior Features:Aluminum
Fuel:Baseboard
Fireplace(s):None
Cool:None
Heat:Baseboard
Total Rooms:5
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

Schedule a Video Chat Tour

Schools in 510 E Franklin Street Spencer, IN  47460-1826


Get more information

Listing provided courtesy of Rob Ranard with Home Team Properties

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.



Spencer Market Report

109
Avg. DOM
$170.92
Avg. $ / Sq.Ft.
$ 314,900
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $13,571.43. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Spencer are going Down. The average house price is $295,000.00 and the average price per square feet is $174.59 per square feet. At the moment, the amount of homes listed is exactly 182 houses, with 36 with active status, 13 with pending status and 133 sold in Spencer .

The most popular place to buy a home in Spencer is 6010 - Owen - Washington. 6010 - Owen - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Spencer .

The average amount of property taxes you would have to pay for a home in Spencer is $2,336.20. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Spencer are staying listed for an average of 69 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Spencer was 2357 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Spencer is $1,390,000.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Spencer is $115,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Spencer in year 1830 and the newest built house is in year 2024.

The average size of properties in Spencer is 2159.53 sq.ft. , the biggest one being 5836 sq.ft. and the smaller being 918 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.