This home's estimate is 13.7% higher than the average sale price ($363K) of 6 comparable homes.
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7373 Locust Lake Rd, Spencer, IN 47460
About this home
Nestled in Northern Owen County, just minutes from Cloverdale, Spencer, and I-70, this beautiful 10-acre property offers the perfect balance of wooded privacy and open space. The land features two stocked fishing ponds and plenty of room for gardening, recreation, or enjoying the outdoors. Built in 1999, the ranch-style modular home includes 3 bedrooms and 2.5 baths, along with a spacious 16’x27’ bonus room—ideal for a home office, gym, or potential 4th bedroom—conveniently connected to a two-car garage. Step inside from the inviting front porch into a cozy living room that flows seamlessly into the kitchen, complete with a large center island. The open-concept layout continues into the designated dining area, which opens through sliding glass doors to a generous two-tiered deck—perfect for entertaining or relaxing while enjoying the scenic views. A dedicated owner’s suite, ample living space, and abundant outdoor possibilities make this a rare opportunity for country living with all the comfort of home. Sellers have replaced the HVAC system and added a metal roof within the last two years. Rest assured you will always have power with the 23kW Generac backup generator. Whether you're a gardener, outdoors enthusiast, or avid hunter, this property has something for everyone.
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Last updated August 2026
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Sale history for 7373 Locust Lake Rd
$200/sq ft
$205/sq ft
$210/sq ft
$217/sq ft
$181/sq ft
$181/sq ft
Tax history for 7373 Locust Lake Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking/Garage Information
- Has Garage
- Has Attached Garage
- # of Garage Spaces: 2
- Parking Features: Garage Door Opener, Gravel, Garage, Attached
Interior
- Virtual Tour
- Bathroom Information
- # of Full Bathrooms: 2
- # of Half Bathrooms: 1
- # of Main Level Bathrooms: 3
- Heating & Cooling
- Has Cooling
- Cooling: Ceiling Fan(s), Central Air
- Has Heating
- Heating: Propane, Heat Pump
- Interior Features
- Interior Features: Walk-In Closet(s), Ceiling Fan(s), Kitchen Island, Laminate Counters, Master Downstairs
- Window Features: Window Treatments
- Appliances: Refrigerator, Washer, Gas Range, Gas Water Heater, Dryer, Water Heater
- Flooring: Carpet, Vinyl
- # of Fireplaces: 1
- Fireplace Features: None
- Room Information
- # of Rooms Total: 7
- Laundry Features: Main Level
- Basement Details: Crawl Space
Exterior
- Exterior Features
- Patio And Porch Features: Deck, Covered, Porch
- Fencing: None
- Roof: Metal
- Building Information
- Above Grade Finished Area: 2,072
- # of Stories Total: 1
- Construction Materials: Vinyl Siding
- Foundation Details: Block
- Property Features
- Waterfront Features: Lake
- Security Features: Smoke Detector(s)
- Property Information
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Raw Mls Property Sub Type: Site-Built Home
- Lot Information
- Lot Features: Rolling Slope, Wooded
- Lot Size Dimensions:
- Lot Size Acres: 10
Financial
- Tax Information
- Tax Annual Amount: $1,776
Utilities
- Utility Information
- Water Source: Private, Well
- Electric: Generator
- Sewer: Septic Tank
Location
- Schools Information
- School District: Spencer-Owen Community Schools
- Elementary School: Gosport
- Middle Or Junior School: Owen Valley
- High School: Owen Valley
- Location Information
- Directions: GPS Friendly
- Subdivision Name: None
Public facts
- Beds: 3
- Baths: 2.0
- Sq. Ft.: 2,072
- Stories: 1.0
- Lot Size: 10 acres
- Style: Single Family Residential
- Year Built: 1998
- Year Renovated: 1999
- County: Owen County
- APN: 600718100250000024
Other
- Listing Information
- List AOR: Bloomington BOR
- AttributionContact: Cell: 812-606-1908
Around this home
Schools
Public PreK-6 • Assigned • 7.0mi
Public 7-8 • Assigned • 7.6mi
Public 9-12 • Assigned • 7.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 102° expected this year, 19 days in 30 years
1% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
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Nearby similar homes
New listings for sale in 47460
Home values near 7373 Locust Lake Rd
| Address | Redfin Estimate |
|---|---|
3 Beds | 2.5 Baths | 2240 Sq. Ft. | $441,542 |
2 Beds | 1 Baths | 1300 Sq. Ft. | $172,293 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1209 Sq. Ft. | $191,678 |
- Beds | 1 Baths | 552 Sq. Ft. | $86,473 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 300 Sq. Ft. | $71,919 |
4 Beds | 2 Baths | 1930 Sq. Ft. | $454,439 |
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