Spencer Homes under $300,000

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Newest Spencer Homes under $300,000

$299,000

3 Beds ⋅ 3 Baths ⋅ 202638851 MLS ⋅ 1,816 SqFt. ⋅ Sable Beyers

Welcome to this one-owner, two-story home built in 2016! Situated on a spacious 0.22-acre lot, the property features a fully fenced backyard with privacy fencing—perfect for outdoor entertaining, pets, or play. Inside, you’ll find three bedrooms, a dedicated home office, and two-and-a-half bathrooms. The main level offers a spacious living room, a well-appointed kitchen with stainless steel appliances, an adjoining dining area, a large laundry room, an office, and a convenient half bathroom. Upstairs, the primary suite includes a private bathroom with a walk-in shower and double-sink vanity. Two additional bedrooms and a second full bathroom complete the upper level. Excellent location directly across the street from McCormick’s Creek Elementary School and approximately half a mile from State Road 46, providing easy access for commuters.

1560 Fox Run Ct, Spencer

Listing courtesy of Sable Beyers from Beyers Realty. Cell: 812-327-8734

$175,000

3 Beds ⋅ 2 Baths ⋅ 202637790 MLS ⋅ 1,512 SqFt. ⋅ Tara White

Welcome to this inviting 3-bedroom, 2-bath manufactured home conveniently located in the town of Spencer. Offering comfortable living space and practical features, this home is a great opportunity for anyone looking for an affordable place to call home. The spacious layout provides three bedrooms, including a comfortable primary suite with its own private bath. The additional bedrooms offer flexibility for family, guests, a home office, or hobbies. The open living areas create a welcoming space for everyday living and entertaining, while the two full bathrooms add convenience. A one-car attached garage provides secure parking and additional storage space. Situated in town, the property offers convenient access to local shops, restaurants, schools, parks, and community amenities. Whether you’re a first-time buyer, downsizing, or looking for a comfortable home in a convenient location, this property is worth a look. Schedule your showing today and discover what this Spencer home has to offer.

267 N East St, Spencer

Listing courtesy of Tara White from Century 21 Scheetz - Bloomington. Cell: 812-821-1735

$280,000

3 Beds ⋅ 2 Baths ⋅ 202636320 MLS ⋅ 1,292 SqFt. ⋅ Ashton Hoene

Welcome to 1365 Lakeside Drive in Spencer! Situated on a .35 acre parcel with access to private Amazon Lake, this charming 3-bedroom, 2- full bath home offers 1,292 square feet of living space. Inside, you'll find fresh paint throughout, a functional kitchen featuring a custom-built island, and two full bathrooms—including one with a walk-in shower with dual shower heads and another with a convenient tub/shower combination. Outdoor living is a standout feature of this property. The newly built covered deck, completed in 2025, features a metal roof—perfect for relaxing and listening to the rain on a quiet afternoon. An outdoor TV and speaker system make the space ready for entertaining, game days, or evenings at home. Residents enjoy two different access points to private Amazon Lake, where you can spend your days fishing and enjoying the water. A jon boat is even included with the sale, so you can start enjoying lake life right away! The property also includes an additional storage shed. Recent updates and features include a new A/C and heat pump in 2026, a new roof over the home’s addition in 2023, 200-amp electrical service, and REMC fiber internet. Whether you're looking for peaceful lake living, outdoor entertaining, or simply a little more room to enjoy the outdoors, this property has so much to offer!

1365 Lakeside Dr, Spencer

Listing courtesy of Ashton Hoene from F.C. Tucker Company.

$299,900

2 Beds ⋅ 2 Baths ⋅ 202636130 MLS ⋅ 1,516 SqFt. ⋅ William Hurst

Private wooded retreat with comfort and character. Tucked away on a beautiful private wooded lot, this charming 2 bed, 2 bath home offers the perfect blend of comfort, privacy and character. Inside, you will find inviting living spaces highlighted by 2 wood burning fireplaces, one in the upstairs great room and the other in the screened in porch. Enjoy your morning coffee or unwind at the end of the day in the private screened in porch and enjoy the peacful sounds of nature. The property also features an oversized garage, providing plenty of room for vehicles, storage or workshop.

2984 Patricksburg Rd, Spencer

Listing courtesy of William Hurst from Carpenter, REALTORS-Bloomington. Cell: 812-322-7543

$299,900

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

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 Dan Rarey from Dan Rarey Real Estate.

$189,000

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

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 Steven Terry from Century 21 Scheetz - Bloomington. cell: 317-453-7968

$259,500

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

New Construction – Currently Under Construction! Nearing completion!! 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 Trent Keith from Keith Realty & Auction Group. Office: 812-714-8250

$284,900

3 Beds ⋅ 2 Baths ⋅ 202631085 MLS ⋅ 1,776 SqFt. ⋅ Corey Mauder

Experience peaceful lakefront living in the desirable Locust Lake community, conveniently located in northern Owen County just minutes from I-70. This meticulously maintained sandstone ranch offers picturesque water views, thoughtful updates, and a move-in-ready interior designed for comfortable everyday living and entertaining. Offering 1,776 square feet of finished living space, this home features three bedrooms and two full bathrooms. The main level showcases an inviting open-concept living, dining, and kitchen area where a stunning floor-to-ceiling stone fireplace with a wood-burning insert creates a warm focal point. Just off the main living space, a spacious covered deck extends your living area outdoors, providing the perfect setting for dining, relaxing, or taking in the peaceful lake views. Two main-level bedrooms feature beautiful hardwood floors and are served by a full bathroom conveniently located on the main floor. The finished walkout lower level adds exceptional flexibility with a spacious family room, a large third bedroom, a full bathroom, and a dedicated laundry room. An attached two-car garage with attic storage offers ample room for vehicles, tools, and seasonal items. Recent improvements provide added value and peace of mind, including a new well, a newer HVAC system with an energy-efficient mini-split serving the lower level, roof, well pump, sump pump, dock, and covered rear deck. Step outside to enjoy your private lakefront setting, whether relaxing by the water, casting a line from the dock, or exploring the electric motor-only lake. Locust Lake offers an affordable homeowners association with annual dues of less than $450. Ideally located near Cataract Falls, Cataract Lake, and McCormick's Creek State Park, this property provides convenient access to boating, fishing, hiking, and a variety of outdoor recreation opportunities while remaining just minutes from Interstate 70 for an easy commute.

7266 Locust Lake West Dr, Spencer

Listing courtesy of Corey Mauder from Century 21 Scheetz - Bloomington. Cell: 812-606-1908

$219,900

4 Beds ⋅ 1 Baths ⋅ 202607816 MLS ⋅ 1,360 SqFt. ⋅ Chris Wesley

Spacious 4-bedroom, 1-bath home offering 1,360 sq. ft. of living space, conveniently located just a couple of blocks from Spencer Elementary. This home has seen several updates over the past five years, including a new roof and gutters installed in 2024 and a freshly painted garage in 2025. The oversized one-car garage features a unique sliding door design rather than a traditional overhead door, adding character and functionality. Out back, you’ll find a nice backyard with space for outdoor activities, gardening, or relaxing. With its convenient location and recent improvements, this home is a great opportunity for buyers looking for comfort and value.

767 N Laymon Ave, Spencer

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

$124,900

2 Beds ⋅ 1 Baths ⋅ 202625659 MLS ⋅ 768 SqFt. ⋅ Ronita Walcott

Great starter home featuring two bedrooms, enclosed front porch and a small deck. Home also has a carport and a detached two car garage. This is almost a half-acre lot with a great view towards the town. Easy access to all amenities at an affordable price.

1131 Parks Dr, Spencer

Listing courtesy of Ronita Walcott from Evergreen Real Estate & Auctions. Cell: 812-327-6201

$225,000

3 Beds ⋅ 2 Baths ⋅ 202630882 MLS ⋅ 1,416 SqFt. ⋅ Tara White

Tucked away at the end of a quiet dead-end road, this rare 15-acre wooded retreat offers exceptional privacy and endless potential. Surrounded by the breathtaking Greens Bluff Nature Preserve, this secluded 3-bedroom, 2-bath home is a nature lover's dream, with abundant wildlife, peaceful wooded views, and the tranquility you've been searching for. The home features an attached two-car garage and a spacious layout ready for your vision. While it could use some updating and repairs, the property offers great bones and a solid foundation, making it an excellent opportunity for investors, renovators, or buyers looking to create their dream home in an unmatched setting. Whether you're seeking a private full-time residence, a weekend getaway, or a recreational retreat, this property delivers the rare combination of acreage, seclusion, and location. Enjoy wildlife watching, or simply relaxing in your own wooded sanctuary, all while being surrounded by the protected beauty of Greens Bluff Nature Preserve. Properties with this much privacy and potential are hard to find. Bring your ideas and imagination to transform this hidden gem into something truly special. If you've been searching for a peaceful escape with room to grow and incredible natural surroundings, this is an opportunity you won't want to miss.

534 Paw Paw Rd, Spencer

Listing courtesy of Tara White from Century 21 Scheetz - Bloomington. Cell: 812-821-1735

$299,000

3 Beds ⋅ 2 Baths ⋅ 202624465 MLS ⋅ 878 SqFt. ⋅ Verl Keith

Motivated Seller offering this recently remodeled in 2026, move-in-ready property offers a blend of updated living space and versatile outdoor amenities on 4.29 acres. The home features 3 bedrooms and 1½ baths with recent improvements throughout. There is a great back porch to enjoy the outdoors and be hidden away for some privacy. Outside, you'll find a 24' x 36' pole barn, 20' x 20' carport, and an 8' x 12' storage shed, providing ample space for equipment, hobbies, and storage. The property also includes a pond that is 8 to 10 feet deep in the middle, stocked with bluegill, crappie, 9 grass carp, and lots of bull frogs. The open outdoor space is suitable for a variety of uses. Connected to natural gas and city water with a septic system in place. Conveniently located with easy access to Spencer, Bloomington, and surrounding areas. A great opportunity to enjoy acreage, outbuildings, and updated living space in one package.

18 Lindsay Ct, Spencer

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

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Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.