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$339,900   Price Analysis
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7244 W Locust Lake Dr
Spencer, IN 47460
3 bed 2 bath 2,762 SqFt ($123/SqFt)
1.9 acre lot. Built 1970
Listed 2024-03-11, HOA $37
USDA Eligible
near Spencer, IN
 Restrictions may apply
due to home size

Welcome to this lakefront property nestled between Spencer and Cloverdale on the serene Locust Lake.

Just a scenic 10-mile drive north of Spencer and lessthan an hour's commute to Indy, this picturesque retreat offers tranquility and convenience. Situated on a 1.9-acre lot w/ mature trees and landscaping, this brick ranchover basement invites you to make it your permanent residence or idyllic weekend getaway. Revel in your own private oasis w/a fenced backyard, a permanent dockfor casting a line and a beach area for lakeside relaxation. Plus, your waterfront experience is elevated with a pontoon boat included in the sale, promising endlessdays of leisurely exploration on the water. As you step inside, you'll be greeted by a s izeable living room boasting a picture window framing the lake views & alimestone fireplace w/ coal burning insert, perfect for evenings by the fire.

The open concept layout seamlessly transtions into the designated dining room, offering aperfect setting for dinners or entertaining guests. The kitchen is a chef's delight, featuring custom bead board cabinetry, white appliances, a farmhouse sink, granitecounters, & a versatile island for culinary endeavors of any scale. Beyond the kitchen, discover the oversized family room, adorned with hardwood floors, tray ceiling, window seat, & intricate stone fireplace w/ a wood burning insert, flanked by built-in bookcases. The main level also hosts 2 bedrooms & a recently remodeled fullbath, boasting a professionally tiled walk-in shower, adding a touch of luxury to your everyday routine. Venture downstairs to find additional living space, including athird bedroom, a den, another full bath, laundry space, & a utility room, providing ample space for storage needs. Outside, a screened porch beckons you to unwindand enjoy the peaceful surroundings, while the detached garage offers ample parking w/ 4 garage doors, stainless vent for future woodstove, additional porch, completing this exceptional property.


Presented by Michael Malone at
CENTURY 21 Scheetz.
Listing Agent Photo

Property MLS #21967709 from MIBOR

Bedrooms: 3
Bedrooms On Basement Level: 1
Bedrooms On Main Level: 2
Primary Bedroom Dimensions: 17 x 12
Bedroom 2 Dimensions: 12 x 12
Bedroom 3 Dimensions: 12 x 12
Primary Bedroom Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Main

Total Rooms: 8
Basement Features: Partial
Living Room Dimensions: 21 x 19
Living Room Level: Main

Total Bathrooms: 2
Full Bathrooms: 2
Full Bathrooms On Main Level: 1
Full Bathrooms On Basement Level: 1

Built In Book Shelves
Tray Ceiling(s)
Paddle Fan

Cooling Features: Central Electric
Heating Features: Electric, Forced Air
Number of Fireplaces: 1

Dining Area Description: Dining Combo/Kitchen
Dining Room Dimensions: 12 x 10
Dining Room Level: Main
Kitchen Dimensions: 16 x 12
Kitchen Features: Kitchen Updated
Kitchen Level: Main

Lake Privileges
Lake Front
Water View

Lot Size Acres: 1.9
Lot Size Square Feet: 82764

Garage Spaces: 1
Parking Features: Attached, Detached, Concrete
Garage Sqft: 325

View: Lake

Association: Yes
Association Fee: 445
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 37

Elementary School: Gosport Elementary School
High School: Owen Valley Community High School
High School District: Spencer-Owen Community Schools
Middle School: Owen Valley Middle School

Owen Valley Community High School is a public high school located approximately 7.3 miles away.
directions icon Map directions

Gosport Elementary School is a public elementary school located approximately 6.6 miles away.
directions icon Map directions

Owen Valley Middle School is a public middle school located approximately 7.3 miles away.
directions icon Map directions

Source Listing Status: Active
County: Owen
Directions: GPS Friendly
Tax Year: 2023
Source Property Type: Residential
Area: 6006 - Owen - Montgomery
Source Neighborhood: Locust Lake
Parcel Number: 600718100060000024
Subdivision: Locust Lake
Township: Montgomery
Property Subtype: Single Family Residence
Lot Number: 60-07-18-100-060.000-024712.07
Source System Name: C2C

Price Changed 2024-04-30
$339,900
MIBOR
Price Changed 2024-04-30
$339,900
IRMLS
Price Changed 2024-03-26
$349,900
MIBOR
Price Changed 2024-03-26
$349,900
IRMLS
Listed 2024-03-11
$359,900
MIBOR
Listed 2024-02-20
$359,900
IRMLS
Listing removed 2009-12-06
$229,000
MIBOR
Listing removed 2009-12-05
$229,000
Bloomington
Listed 2009-07-08
$229,000
Bloomington
Listed 2009-07-01
$229,000
MIBOR
Listing removed 2009-06-28
$249,000
MIBOR
Listed 2009-05-18
$249,000
MIBOR
Listing removed 2009-01-06
$249,000
Bloomington
Listed 2008-07-11
$249,000
Bloomington

Total Square Feet Living: 2187
Year Built: 1970
BelowGradeFinishedArea: 597
Construction Materials: Brick
Foundation Details: Block
Levels: One
Property Age: 54
Total Area Main: 1590
Architectural Style: Ranch

Electricity Connected
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.