Spencer Homes with True New Construction

Welcome to Spencer, Indiana – a charming town nestled in the heart of Owen County, where small-town charm meets modern living. Known for its friendly community and picturesque landscapes, Spencer offers a unique blend of rural tranquility and accessible amenities, making it an ideal place for families, retirees, and anyone looking to embrace a serene lifestyle.

As you explore Spencer, you’ll find a vibrant downtown area filled with quaint shops, delightful eateries, and local parks that invite you to enjoy the great outdoors. The town is surrounded by lush forests and scenic trails, perfect for hiking, biking, or simply enjoying nature’s beauty. With a strong sense of community spirit, residents often gather for local events and festivals, fostering connections that make Spencer feel like home.

For those seeking a modern living experience, Spencer boasts an array of homes with true new construction options. These beautifully designed residences offer contemporary features and energy-efficient technologies, ensuring comfort and sustainability for years to come. Imagine moving into a brand-new home, complete with open floor plans, stylish finishes, and the latest appliances, all while being part of a welcoming community.

Whether you’re drawn to the charm of Spencer’s historic roots or the allure of new construction homes, this town has something for everyone. Discover the perfect blend of comfort, community, and modern living in Spencer, Indiana – your new home awaits!

Newest Spencer Homes with True New Construction

$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

$449,900

4 Beds ⋅ 3 Baths ⋅ 202630364 MLS ⋅ 3,317 SqFt.

This 4-bedroom, 3-bath new construction ranch offers 3,317 square feet of finished living space on 4.86 acres in a quiet rural subdivision, just 10 minutes from Spencer and approximately 15 minutes from Ellettsville. The main level features an open floor plan designed for comfortable living and entertaining, with a stylish kitchen featuring dark cabinetry with black pearl leather finish granite countertops, stainless steel appliances, quartz countertop on the island that stands out as the centerpiece of the space. Just off the kitchen, the covered deck overlooks the backyard and provides an easy extension of the living and entertaining space.The split bedroom layout gives the primary suite privacy from the other bedrooms and includes a large walk-in closet, tiled walk-in shower, and large vanity. Two additional bedrooms and a full bath are located on the opposite side of the home. The fully finished walk-out basement provides even more living space with a fourth bedroom and full bath, family room, expansive recreation area, and laundry room. A 2-car attached garage adds convenience, while the 4.86-acre property provides plenty of room to enjoy the outdoors. With a spacious floor plan, finished walk-out basement, and quiet country setting, this home offers plenty of space while still being close to town.

2792 Hickory Hills Rd, Spencer

Listing courtesy of from Home Team Properties. Office: 844-821-6051

$369,000

3 Beds ⋅ 3 Baths ⋅ 202542708 MLS ⋅ 2,051 SqFt.

Open House, Thursday August 20, 5-7pm. Welcome to The Cypress, a 2,051 sq ft ranch home in the Four Oaks subdivision, tucked away on a quiet cul-de-sac where comfort and style effortlessly meet. This 3-bedroom, 2.5-bath home offers a desirable split-bedroom design with an open living room, kitchen, and breakfast area ideal for everyday living and entertaining. Start your mornings or wind down your evenings on the expansive covered front and back porches. The kitchen is designed for both functionality and gathering, featuring a large island, stainless steel appliances, and an adjacent formal dining room. Just off the breakfast area, you’ll find a convenient half bath, laundry/mudroom combination, and a private primary suite complete with a dual-sink vanity, tiled walk-in shower, and walk-in closet with thoughtful finishes throughout. A separate hallway leads to two additional bedrooms, a full bath, and a linen closet—providing privacy and space for family or guests. Life in Four Oaks offers the charm of small-town living with a wide-open country feel, along with amenities such as a community clubhouse, lakefront walking trail, and private dog park. With fiber internet, city utilities, and easy access to both Spencer and Bloomington, this neighborhood delivers the perfect balance of charm and convenience.

534 Dogwood E Ct, Spencer

Listing courtesy of from Home Team Properties. Office: 844-821-6051

$384,000

4 Beds ⋅ 2 Baths ⋅ 202542048 MLS ⋅ 1,947 SqFt.

Open House, Thursday August 20, 5-7pm. Welcome to The Lily, a thoughtfully designed 4-bedroom, 2-bath new construction home in the growing Four Oaks subdivision of Spencer, Indiana. The open-concept layout paired with a split-bedroom floor plan offers the perfect balance of connection and privacy. The kitchen is designed for both everyday living and entertaining, featuring a large island, solid wood cabinetry, stainless steel appliances, and durable quartz countertops. Sliding doors open to a covered porch, ideal for morning coffee, outdoor meals, or unwinding at sunset. The primary suite serves as a private retreat with a walk-in closet, dual-sink vanity, and a tiled walk-in shower. Throughout the home, luxury vinyl plank flooring adds style and easy maintenance, while the spacious 8x11 laundry/mudroom and 2-car attached garage add everyday convenience. A washer and dryer are included, making move-in effortless. Set in the Four Oaks community, residents enjoy small-town charm with a wide-open country feel, friendly neighbors, and peaceful surroundings, all just minutes from Spencer and a short drive to Bloomington’s shopping, dining, and entertainment. The Lily at Four Oaks brings together smart design, modern comfort, and the warmth of small-town living.

106 Pin Oak Rd, Spencer

Listing courtesy of from Home Team Properties. Office: 844-821-6051

$360,000

3 Beds ⋅ 3 Baths ⋅ 202546077 MLS ⋅ 1,847 SqFt.

Open House, Thursday August 20, 5-7pm. Life in the Four Oaks Subdivision comes with space to breathe, room to gather, and thoughtful design, and 110 Pin Oak Road delivers all three. Built on the Spruce floor plan, this 1,847-square-foot home offers 3 bedrooms, 2 1/2 baths, and an open layout that feels both spacious and welcoming. The heart of the home is the kitchen, where a large island, quartz countertops, solid wood cabinetry, and a tiled backsplash create a clean, modern look that works just as well for everyday living as it does for entertaining. From there, the space opens effortlessly into the dining area and the expansive 16x22 living room, giving the home an easy, connected flow. Tucked nearby are a convenient half bath, laundry room, and direct access to the attached two-car garage. The primary suite is thoughtfully separated, offering a quiet escape with a walk-in shower, dual-sink vanity, and generous walk-in closet. Two additional bedrooms and a full bath with a tub/shower combo provide flexibility for guests, family, or a home office. With all appliances included, settling in is simple. Beyond the front door, Four Oaks offers walking trails around a private lake, a dog park, and a community clubhouse, plus quick access to Ellettsville, Bloomington, and downtown Spencer.

110 Pin Oak Rd, Spencer

Listing courtesy of from Home Team Properties. Office: 844-821-6051

$384,000

3 Beds ⋅ 2 Baths ⋅ 202544705 MLS ⋅ 2,220 SqFt.

Open House, Thursday August 20, 5-7pm. Discover this beautifully crafted 3-bedroom, 2-bath ranch in the sought-after Four Oaks Subdivision, offering 2,220 sq ft of thoughtfully designed single-level living. The Hazel floor plan features an open-concept layout with a split-bedroom design and a 19x8 sunroom that adds flexible living space. The kitchen is both stylish and functional, showcasing quartz countertops, stainless steel appliances, a tiled backsplash, and a large center island perfect for cooking and entertaining. The primary suite provides a private bath and spacious walk-in closet for a true retreat. Quality finishes abound, including luxury vinyl plank flooring, solid wood doors and trim, and a high-efficiency natural gas furnace. Four Oaks residents enjoy a private dog park, scenic lake with walking trail, and community clubhouse. Conveniently located off State Hwy 46, this home is just minutes from Spencer, Ellettsville, and Bloomington, blending small-town charm with easy access to city conveniences.

710 White Oak Rd, Spencer

Listing courtesy of from Home Team Properties. Office: 844-821-6051

$383,000

3 Beds ⋅ 2 Baths ⋅ 202539747 MLS ⋅ 2,664 SqFt.

Welcome home to this sparkling, newly constructed farmhouse-style residence located in one of Owen County's premier subdivisions. Situated on a generous 0.52-acre lot, this attractive single-level home features striking red vinyl siding accented by a black metal roof, creating exceptional curb appeal. Offering 1,926 square feet of thoughtfully designed living space, this home includes 3 spacious bedrooms, 2 full bathrooms, and an open-concept floor plan that seamlessly connects the living, dining, and kitchen areas. The well-appointed kitchen is a chef's dream, boasting over 25 linear feet of solid-surface countertops, custom white cabinetry, a large center island, stainless steel appliances, and an oversized pantry. The private primary suite offers a luxurious retreat with an enormous walk-in closet and an ensuite glamour bath featuring double vanities and a dedicated makeup area. Two additional bedrooms provide ample space for family, guests, or a home office. A covered rear porch tucked behind the home offers the perfect setting for relaxing and enjoying peaceful outdoor living. Additional highlights include a 624-square-foot attached garage, a dedicated workshop area, accessible attic storage, and 100% handicap accessibility throughout the home. Built with quality and efficiency in mind, this all-electric home features R-40 wall insulation, Pella windows, wood cabinetry, and solid-surface countertops. Total square footage under roof is 2,664 square feet, including living space, garage, and workshop. Enjoy the convenience of city-maintained streets and utilities, including Town of Spencer sewer service, BBP Water, Duke Energy, and access to community natural gas. Fiber optic internet service is also planned for the Town of Spencer, adding even more value and connectivity for future homeowners. Don't miss this opportunity to own a beautiful new home that combines modern comfort, accessibility, quality craftsmanship, and small-town charm.

752 W Thornridge Way, Spencer

Listing courtesy of from Owen County Home Company. Cell: 812-821-7005

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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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