Spencer Real Estate

Welcome to Spencer, Indiana – a charming town nestled in the heart of Owen County, where small-town warmth meets natural beauty. Known for its rich history and vibrant community, Spencer offers a delightful blend of rural charm and modern conveniences, making it an ideal place to call home.

Spencer is surrounded by lush landscapes and scenic views, providing residents with ample opportunities for outdoor recreation. Whether you enjoy hiking in the nearby Hoosier National Forest or fishing in the tranquil waters of Lake Monroe, adventure is just a stone's throw away. The town's picturesque parks, such as the Spencer Town Park, offer playgrounds, picnic areas, and walking trails, perfect for family outings or leisurely strolls.

The community spirit in Spencer is palpable, with local events and festivals that bring residents together throughout the year. From the annual Owen County Fair to the charming holiday celebrations, there’s always something happening that fosters a sense of belonging and camaraderie among neighbors.

Education is a priority in Spencer, with the Spencer-Owen Community Schools providing quality education and a range of extracurricular activities for students. The town also boasts a variety of local shops, restaurants, and services, ensuring that all your needs are met within a short drive.

With its friendly atmosphere, beautiful surroundings, and a strong sense of community, Spencer, Indiana, is more than just a place to live; it’s a place to thrive. Whether you’re looking to settle down or invest, Spencer invites you to discover the charm and opportunities that await you in this hidden gem of Owen County.

Newest Listings in Spencer

$325,000

2 Beds ⋅ 2 Baths ⋅ 202634177 MLS ⋅ 1,188 SqFt.

Lake Side Living on Owen County's Bass Haven Lake. Don't miss this rare opportunity to own and enjoy this delightful home with direct access to this private well stocked lake. Eight years old and shows like new. Open concept with living room, kitchen and dining rooms all flowing together. Split bedrooms with two bedrooms plus study and two full baths. Large attached two car garage, two large sheds, detached garage, older barn. Shelter house overlooks lake and dock. Lot size is approximately one acre. This property is beautiful and living there is like being on vacation year round.

375 Bass Haven Ln, Spencer

Listing courtesy of from Dan Rarey Real Estate.

$750,000

4 Beds ⋅ 3 Baths ⋅ 202633567 MLS ⋅ 2,776 SqFt.

LOCATION . LAKEFRONT . ACREAGE! Welcome to this FOUR bedroom, 2.5 bathroom family home situated on FIFTEEN partially wooded acres, complete with your own private lake and one of the most stunning settings around. Step onto the covered front porch and take in the peaceful surroundings before entering the spacious living room, where abundant natural light creates a warm and inviting atmosphere. A wood-burning stove adds cozy character and provides the perfect gathering spot on cold winter nights. Upstairs, you'll find the dining area and kitchen, along with the primary suite, guest bathroom, and two additional bedrooms, providing a comfortable and functional living arrangement. On the main level, you'll find another bedroom, a spacious family room with a second wood-burning fireplace, and a large laundry area. From the family room, step outside onto the back deck, where you can relax and enjoy the beautiful acreage and private lake. The setting offers more than just beautiful scenery. Hop on the golf cart and head over to the nearby winery, or stay home and enjoy live music while relaxing by your own private lake. With 15 acres of partially wooded land, peaceful water views, and plenty of space to enjoy the outdoors, this property offers a lifestyle that's hard to find. Home comes complete with kitchen appliances. Utilities are provided by South Central REMC, fiber internet is also available from South Central REMC. Private, peaceful, and full of possibilities, this is a place where you can enjoy the comforts of home while making the most of an incredible country setting.

3692 Braysville Rd, Spencer

Listing courtesy of from Williams Carpenter Realtors.

$195,000

1 Beds ⋅ 1 Baths ⋅ 202633146 MLS ⋅ 1,056 SqFt.

Lake life meets outdoor adventure in this unique Amazon Shores property. Thoughtfully designed with functionality and character in mind, this charming home features one bedroom, one full bath, plus a versatile sleeping area that could easily be converted into a second bedroom, home office, or flex space. Enjoy deeded access to Amazon Lake through the lake association, offering opportunities for fishing, kayaking, and relaxing on the water. The inviting porch provides additional space to enjoy the peaceful surroundings and offers the potential to be transformed into additional living space. Located between McCormick's Creek State Park and Lieber State Recreation Area, you'll be minutes from hiking, boating, waterfalls, camping, and year-round outdoor recreation. Whether you're looking for a full-time residence, weekend retreat, investment opportunity, or a place to enjoy the outdoors, this property offers a rare combination of privacy, recreation, and convenience. Schedule your private showing today!

1405 Lakeside Dr, Spencer

Listing courtesy of from Century 21 Scheetz - Bloomington. cell: 317-453-7968

$185,900

3 Beds ⋅ 1 Baths ⋅ 202632294 MLS ⋅ 1,135 SqFt.

So much potential in this 2-bedroom, 1-bath home offering approximately 1,135 square feet of living space on one level and on a convenient corner lot in town. In addition to the two bedrooms, a versatile office/bonus room provides flexible space for work, hobbies, or other needs. Numerous recent improvements add value and peace of mind, including a new roof with gutter guards, new garage with automatic opener, new water heater, updated PEX plumbing, and new sewer lines from the home to the city connection in the alley. The kitchen features a new range and hood microwave, while the furnace has been professionally maintained and updated with a new control board. The hot tub has also been serviced with a new control board. Outside, you'll appreciate the recently added concrete driveway complete with apron and drainage. Situated on a corner lot, this property offers the convenience of in-town living with easy access to local shopping, dining, schools, parks, and everyday amenities. If you're looking for a home with major mechanical updates already completed and a functional floor plan, this property is ready for you to make it your own.

501 W Jefferson St, Spencer

Listing courtesy of from Keith Realty & Auction Group. Office: 812-714-8250

$334,900

3 Beds ⋅ 3 Baths ⋅ 202632147 MLS ⋅ 2,464 SqFt.

Welcome to this spacious 3 Bedroom, 2 1/2 Bath home with 2,464-square-foot residence situated on a 0.84-acre lot in the desirable White Oaks Estates neighborhood of Spencer. Designed with both comfort and functionality in mind, this home offers a main-level primary bedroom with its own private bath, along with a convenient half bath for guests and a main-level laundry room. Upstairs, you'll find two additional bedrooms and a full bath, providing flexible space for a variety of living arrangements. The home's generous living areas offer plenty of room for everyday living, entertaining, or relaxing. Outside, enjoy the large yard with space for outdoor activities, gardening, or simply unwinding. The attached 2-car garage provides ample parking and storage, while the 12' x 16' storage shed offers additional room for tools, lawn equipment, or hobbies. Conveniently located just minutes from schools, shopping, dining, and local amenities, this property combines space, practicality, and a desirable location. Don't miss the opportunity to make this inviting Spencer home your own!

186 Ryan Ct, Spencer

Listing courtesy of from Keith Realty & Auction Group. Office: 812-714-8250

$140,000

202631982 MLS

Here is an opportunity to own a 3.09ac piece of land with septic, new well water, electric and natural gas at the road. It is set up with a really nice 2014 42 foot Sandpiper with 3 slide outs an outside kitchen with tv. It also has a winter package with heated tanks and has had a split air unit put in it also it has a new water softener and new tires. Leave it where it is or hit the open road. There is a 24'X24' pad out front of RV and a newer shed that is insulated and plumbed with a full size Frig and Washer and dryer in it. The ground is partially wooded with a creek running through it. There are a couple canvas style carport/storage sheds as well. Seller is willing to sell just the land for the right price. This could be you weekend get away or your new home site just minute from Spencer and McCormick State Park. Is this your peace of paradise.

1921 Country Club Rd, Spencer

Listing courtesy of from CK Realty Homes. cell: 812-709-0859

$279,900

4 Beds ⋅ 2 Baths ⋅ 202631782 MLS ⋅ 1,715 SqFt.

Step into your dream home! This stunningly decorated 4-bedroom, 2-bath manufactured home is a true gem, nestled on 3 picturesque acres in a serene country setting. Built in 2006, it boasts a brand-new kitchen, featuring white cabinets, new flooring, and all the essential appliances. Imagine entertaining friends in the expansive dining and living areas, perfect for both lively gatherings and cozy nights in. The primary ensuite offers a private escape, making it your personal oasis. But that’s not all—step outside to discover an impressive 20x12 deck complete with a charming gazebo, added just in June 2026, ideal for outdoor get-togethers under the stars. You'll also enjoy year-round comfort thanks to the newly installed HVAC system from October 2025. Plus, there’s a handy outbuilding/workshop equipped with electricity, opening the door to endless possibilities, whether you're pursuing hobbies or need additional storage. Don’t miss your chance to own this beautifully adorned home in an idyllic country setting—schedule your visit today and make it yours!

4360 Gilmore Rd, Spencer

Listing courtesy of from The Real Estate Co..

$35,000

202631660 MLS

Two and a half secluded acres in Park Hill Estates, right across from McCormick's Creek Park and just minutes from Highway 46 for an easy morning commute. This is one of the last available lots in this peaceful, private neighborhood. The property comes with a completed soil survey and septic locations already staked out, ready for your dream home. Please do not walk the property without an agent

Park Hill Dr, Spencer

Listing courtesy of from RE/MAX Cornerstone. Office: 765-720-2755

$57,500

202631610 MLS

Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy’s and O’Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.

1.54 Acres St, Spencer

Listing courtesy of from RE/MAX Select Associates, Inc.. Offc: 812-828-5310

$339,900

3 Baths ⋅ 202609862 MLS

Check out this commercial property on the west side of the Square in downtown Spencer. The main level has 3024 sq ft of commercial space that is currently rented. The second and third stories have apartments that are currently rented. The front of the main level has a picture window and glass door and the back of the building has double doors that will open so you carry in anything that you need to support your local business. The entrance to the two apartments is a separate door to the south side of the commercial entrance with a wide stairwell going up to each apartment. If you are looking for a perfect opportunity to cover expenses with your business in downtown Spencer, check this one out!!

69 S Main St, Spencer

Listing courtesy of from Keith Realty & Auction Group. Office: 812-714-8250

$262,500

3 Beds ⋅ 2 Baths ⋅ 202628087 MLS ⋅ 1,317 SqFt.

New Construction – Currently Under Construction! Completion in August, 2026. Be among the first to own this beautiful new one-level home at 48 W. Clay St., Spencer, IN. Offering approximately 1,317 square feet of thoughtfully designed living space, this home features 9-foot ceilings and an open-concept floor plan that seamlessly connects the living room, dining area, and kitchen. The kitchen will be equipped with a full suite of new black stainless-steel appliances, providing both style and functionality. The efficient layout includes three bedrooms and two full baths, including a primary suite with a private bath. An attached 14' x 23' garage offers convenient parking and additional storage. Situated on a 44' x 68' lot, this home provides the benefits of low-maintenance living with the quality and efficiency of new construction. Conveniently located near shopping, dining, parks, and local amenities. Construction is underway, and final finishes and completion date are subject to construction progress.

48 W Clay St, Spencer

Listing courtesy of from Keith Realty & Auction Group. Office: 812-714-8250

$244,900

3 Beds ⋅ 2 Baths ⋅ 202626968 MLS ⋅ 2,256 SqFt.

Welcome home to this well-maintained 3-bedroom, 2-bath residence offering a comfortable layout and a convenient location in Spencer. The spacious floor plan provides flexibility for everyday living, with inviting living areas, a functional kitchen, and ample storage throughout. The primary bedroom includes its own private bath, while the additional bedrooms offer space for family, guests, a home office, or hobbies. Outside, you'll find room to relax, garden, or entertain, with easy access to nearby shopping, dining, schools, parks, and other local amenities. Whether you're searching for your first home, looking to downsize, or simply wanting a property with a practical floor plan and great location, this home is ready for its next owner. Electric range pictured does not go with home but another electric range will be installed. Swimming pool can be removed if desired.

226 N East St, Spencer

Listing courtesy of from Keith Realty & Auction Group. Office: 812-714-8250

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IDX information is provided by the Indiana Regional MLS and is exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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