Homes for sale under $250k in Spencer, IN

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ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
This is the one you've been waiting for. Adorable updated 4bedroom log cabin on 3plus acres with detached log barn and well house. Roof is 5 yrs old. Crawl space has been encapsulated and floors have been redone . All appliances may stay. Washer/dryer can be in home or in well house. Barn could house 2 cars and has large upstairs. Bring your friends and toys and enjoy nature

$249,900

4 beds1 bath1,536 sq ft

1371 Clark Rd, Spencer, IN 47460

Detached log barn • Updated log cabin • Large upstairs

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
This 4-bedroom - 1.5 bath house sits on Hillside Ave, a prime location for Spencer and conveniently offers a driveway & garage for off street parking. When arriving to the home you're welcomed with a large 9x25 covered concrete front porch with large columns leading you into the front door. House has loads of original charm, such the original hardwood floors that run throughout, original wood trim, even some Internal wooded blinds that add old school character. The entrance foyer splits the living room & family room both allowing generous amount of space to entertain or relax and showcases the staircase that leads up to the upper floor. All bedrooms are located upstairs. The abo

$239,900

4 beds1.5 baths2,592 sq ft

456 W Hillside Ave, Spencer, IN 47460

Original wood trim • Concrete patio • Entrance foyer

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
Come check out this charming home in the heart of Spencer, Indiana! This home has 3 large bedrooms and 2 full bathrooms. The back deck is perfect for entertaining and the 12’x20’ shed adds lots of storage space. New flooring and baseboard trim in the kitchen, both bathrooms, laundry room, and master bedroom. The roof and back deck were recently repaired. Only 2 miles from McCormick’s Creek State Park! Property is just a few blocks from Main Street and within walking distance to the Fairgrounds, Tivoli Theatre, and many restaurants downtown. This is a prime location for employees at Cook Medical and Boston Scientific. This property is not in the FEMA blue flood zone. The pr

$219,900

3 beds2 baths1,508 sq ft

427 E Jefferson St, Spencer, IN 47460

New flooring • Back deck • 12x20 shed

$219,900

4 beds2.5 baths2,289 sq ft

205 N Main St, Spencer, IN 47460

Large windows • Tree lined street • Built in bookcase

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
Charming, Spotless Bungalow on Spencer’s Northeast Side! This lovingly maintained bungalow sits on a quiet street and has been cared for by the same owner for over 65 years. An enclosed front porch with heater and porch swing welcomes you inside. The spacious living room features hardwood floors and flows into a bright eat-in kitchen with abundant cabinets and natural light. The home offers two large bedrooms and an updated hall bath with a new floor, plus fresh light fixtures and paint. A roomy laundry area is just off the kitchen with access to the unfinished basement, perfect for storage or a small workshop and home to the newer furnace and water heater. Outside, enjoy a 24×2

$219,000

2 beds1 bath1,160 sq ft

277 N East St, Spencer, IN 47460

Unfinished basement • Updated hall bath • Roomy laundry area

Property at 29 Buck Ln, Spencer, IN 47460, 3 beds, 1 bath

$215,000

3 beds1 bath920 sq ft

29 Buck Ln, Spencer, IN 47460

Property at 1886 Freeman Rd, Spencer, IN 47460, 3 beds, 1.5 baths

$199,900

3 beds1.5 baths1,040 sq ft

1886 Freeman Rd, Spencer, IN 47460

Property at 1788 Hancock School Rd, Spencer, IN 47460, 3 beds, 2 baths

$169,900

3 beds2 baths1,248 sq ft

1788 Hancock School Rd, Spencer, IN 47460

Property at 1165 Freeman Rd, Spencer, IN 47460, 3 beds, 1 bath

$119,900

3 beds1 bath928 sq ft

1165 Freeman Rd, Spencer, IN 47460

Property at 3402 W Moore Rd, Spencer, IN 47460, 2 beds, 1 bath

$82,500

2 beds1 bath840 sq ft

3402 W Moore Rd, Spencer, IN 47460

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ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
3 Bedroom, 1 bath home with ample outdoor living space located on 3 lots seasonal lake views from deck minutes from boat ramp close to Cataract Falls and Lieber State Park

$249,900

3 beds1 bath1,159 sq ft

5264 N Macadam Dr, Poland, IN 47868

Lieber state park • Cataract falls • Seasonal lake views

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
Completely Remodeled 2-Bedroom, 2.5-Bath Home in Prime Location! Welcome to this beautifully updated home featuring two spacious bedrooms, each with its own private full bathroom, plus an additional half bath for guests. The inviting living room flows into a large kitchen and dining area, perfect for entertaining. Step out onto the back deck and enjoy the extra-large corner yard, ideal for outdoor gatherings or gardening. The detached garage offers ample space for parking, storage, and even a workbench area for hobbies or projects. Recent upgrades include: New flooring and fresh paint throughout. New doors and windows. Brand-new HVAC system and water heater. All new kitchen appliances. Bran

$249,000

2 beds2.5 baths1,476 sq ft

220 S 2nd St, Ellettsville, IN 47429

Fresh paint • New flooring • Back deck

$249,000

3 beds2 baths1,382 sq ft

7211 W Airport Rd, Bloomington, IN 47403

1.14 acre lot • Built 1946 • Listed 39 days

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
Own a Piece of Gosport History - Fully Updated! The Olde Gosport Bank, a registered historic building built in 1867, combines timeless charm with modern updates. Located at 31 E Main Street, Gosport, Indiana, this iconic property is ready for its next chapter. Currently a two-unit apartment building, this versatile space has served as a bank, Bankers Electric Prot Co. , a library, an insurance office, and more. The building now features a new rubber roof, updated electrical throughout, a newer HVAC system and water heater, and freshly tuck-pointed and painted exterior brick, preserving its historic beauty while ensuring modern functionality. With over 5,000 square feet, a rooftop patio conn

$244,000

2 beds3.5 baths5,088 sq ft

31 E Main St, Gosport, IN 47433

Updated electrical • Water heater • Historic building

ABOUT THIS HOME
Homes for sale under $250k in Spencer, IN
This 3-bedroom, 1-bath home was renovated just 8 years ago and is about 1 mile off 46, providing easy access to Ellettsville, Spencer, Bloomington, IU and more. The large eat-in kitchen opens to a covered patio where you can grill and entertain while overlooking the huge backyard. The backyard is privacy-fenced, includes a storage shed and has 'so much room for activities. ' Newer water heater, smart thermostat, and the crawlspace has been fully encapsulated.

$239,900

3 beds1 bath1,008 sq ft

340 W Iroquois Dr, Ellettsville, IN 47429

Large eat-in kitchen • Huge backyard • Covered patio

$237,000

4 beds1 bath1,008 sq ft

512 S Tulip Tree Ct, Ellettsville, IN 47429

Cul-de-sac • Large storage barn • 0.28 acre lot

Property at 3758 S Walter Ave, Bloomington, IN 47403, 4 beds, 1.5 baths

$235,000

4 beds1.5 baths1,225 sq ft

3758 S Walter Ave, Bloomington, IN 47403

Property at 7301 W Airport Rd, Bloomington, IN 47403, 3 beds, 1 bath

$235,000

3 beds1 bath960 sq ft

7301 W Airport Rd, Bloomington, IN 47403

Property at 5974 N Ajuga Ct, Ellettsville, IN 47429, 3 beds, 2.5 baths

$230,000

3 beds2.5 baths1,551 sq ft

5974 N Ajuga Ct, Ellettsville, IN 47429

Property at 314 W Association St, Ellettsville, IN 47429, 3 beds, 2 baths

$230,000

3 beds2 baths1,721 sq ft

314 W Association St, Ellettsville, IN 47429

Property at 27 N Edwards St, Worthington, IN 47471, 3 beds, 3 baths

$224,900

3 beds3 baths2,657 sq ft

27 N Edwards St, Worthington, IN 47471

Property at 5086 Evergreen Ln, Gosport, IN 47433, 3 beds, 2 baths

$220,000

3 beds2 baths1,636 sq ft

5086 Evergreen Ln, Gosport, IN 47433

Property at 392 S Cedar Dr, Ellettsville, IN 47429, 3 beds, 1 bath

$217,000

3 beds1 bath975 sq ft

392 S Cedar Dr, Ellettsville, IN 47429

Property at 364 S Cedar Dr, Ellettsville, IN 47429, 3 beds, 1 bath

$212,000

3 beds1 bath875 sq ft

364 S Cedar Dr, Ellettsville, IN 47429

Property at 312 S Poplar Ct, Ellettsville, IN 47429, 3 beds, 1 bath

$209,900

3 beds1 bath925 sq ft

312 S Poplar Ct, Ellettsville, IN 47429

Property at 311 N Kelli Dr, Ellettsville, IN 47429, 3 beds, 1.5 baths

$190,000

3 beds1.5 baths1,008 sq ft

311 N Kelli Dr, Ellettsville, IN 47429

Property at 2617 N CR 990 Rd, Worthington, IN 47471, 2 beds, 1 bath

$189,900

2 beds1 bath1,120 sq ft

2617 N CR 990 Rd, Worthington, IN 47471

Property at 7339 Mcville Rd, Solsberry, IN 47459, 2 beds, 1.5 baths

$189,900

2 beds1.5 baths1,808 sq ft

7339 Mcville Rd, Solsberry, IN 47459

Property at 709 W Main St, Ellettsville, IN 47429, 2 beds, 1 bath

$189,000

2 beds1 bath1,444 sq ft

709 W Main St, Ellettsville, IN 47429

Property at 549 N Leitzman Rd, Paragon, IN 46166, 3 beds, 1 bath

$180,000

3 beds1 bath1,260 sq ft

549 N Leitzman Rd, Paragon, IN 46166

Based on information submitted to the MLS GRID as of Sat Dec 06 2025. All data is obtained from various sources and may not have been verified by broker or 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.

Homes for sale under $250k in Spencer

There are currently 10 homes for sale under $250k in Spencer. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Spencer stay on the market for 55 days. This map is refreshed with the newest listings in Spencer every 15 minutes.

In the past month, 2 homes have been sold in Spencer. In addition to houses in Spencer, there was also 1 condo, 1 townhouse, and 2 multi-family units for sale in Spencer last month. Find your dream home in Spencer using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Spencer are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Spencer. Our Spencer real estate stats and trends will give you more information about home buying and selling trends in Spencer. If you're looking to sell your home in the Spencer area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Spencer with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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