Cheap homes for sale & real estate in 47460, IN

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ABOUT THIS HOME
Cheap Home for sale in 47460, IN:
Lake life meets outdoor adventure in this unique Amazon Shores property. Thoughtfully designed with functionality and character in mind, this charming home features currrently 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 mi

$195,000

1 bed1 bath1,056 sq ft

1405 Lakeside Dr, Spencer, IN 47460

Open-plan kitchen • Functional island • Covered patio

ABOUT THIS HOME
Cheap Home for sale in 47460, IN:
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

$250,000

3 beds2 baths1,416 sq ft

534 Paw Paw Rd, Spencer, IN 47460

Wildlife watching • Wooded sanctuary • 15 acre lot

OPEN SUN, 1PM TO 3PM

$345,000

3 beds2.5 baths2,003 sq ft

4435 Ellington Ct, Spencer, IN 47460

1.05 acre lot • 3 garage spots • Built 1994

ABOUT THIS HOME
Cheap Home for sale in 47460, IN:
Space is the story here nearly 1.6 acres of open, private land in Owen County, giving you room most homes in this price range simply can't offer. Whether you're dreaming of a garden, a workshop, room for animals, or just the peace of not seeing your neighbor's porch light, this lot delivers elbow room that's increasingly hard to find at this price point. The 3-bedroom, 2-bath home sits comfortably on the property at 1,512 square feet, with a functional single-story layout, central air conditioning, and forced-air heat. Recent updates to the home's systems add peace of mind for the next owner, and the detached garage offers extra storage or workshop space to match the size of the lot itself.

$199,000

4 beds2 baths1,512 sq ft

5024 Stansbury, Spencer, IN 47460

Extra storage • Open private land • Small town charm

ABOUT THIS HOME
Cheap Home for sale in 47460, IN:
So much potential in this 2-bedroom, 1-bath home offering approximately 1,135 square feet of living space on one level and on a convenient corner lot in town. In addition to the two bedrooms, a versatile office/bonus room provides flexible space for work, hobbies, or other needs. Numerous recent improvements add value and peace of mind, including a new roof with gutter guards, new garage with automatic opener, new water heater, updated PEX plumbing, and new sewer lines from the home to the city connection in the alley. The kitchen features a new range and hood microwave, while the furnace has been professionally maintained and updated with a new control board. The hot tub has also been serv

$185,900

2 beds1 bath1,135 sq ft

501 W Jefferson St, Spencer, IN 47460

Updated pex plumbing • New garage • New water heater

Property at 7266 Locust Lake West Dr, Spencer, IN 47460, 3 beds, 2 baths

$289,900

3 beds2 baths1,776 sq ft

7266 Locust Lake West Dr, Spencer, IN 47460

Property at 186 Ryan Ct, Spencer, IN 47460, 3 beds, 2.5 baths

$334,900

3 beds2.5 baths2,464 sq ft

186 Ryan Ct, Spencer, IN 47460

Property at 1307 Clark Rd, Spencer, IN 47460, 3 beds, 2 baths

$314,900

3 beds2 baths1,620 sq ft

1307 Clark Rd, Spencer, IN 47460

Property at 1674 Deer Haven Ct, Spencer, IN 47460, 3 beds, 2.5 baths

$325,000

3 beds2.5 baths1,976 sq ft

1674 Deer Haven Ct, Spencer, IN 47460

Property at 2792 Hickory Hills Rd, Spencer, IN 47460, 4 beds, 3 baths

$449,900

4 beds3 baths3,317 sq ft

2792 Hickory Hills Rd, Spencer, IN 47460

Property at 18 Lindsay Ct, Spencer, IN 47460, 3 beds, 1.5 baths

$299,000

3 beds1.5 baths878 sq ft

18 Lindsay Ct, Spencer, IN 47460

Property at 1825 Pea Ridge Rd, Spencer, IN 47460, 3 beds, 2 baths

$249,900

3 beds2 baths2,179 sq ft

1825 Pea Ridge Rd, Spencer, IN 47460

Property at 67 S Sunnyside Ln, Spencer, IN 47460, 4 beds, 2 baths

$232,400

4 beds2 baths2,240 sq ft

67 S Sunnyside Ln, Spencer, IN 47460

Property at 2191 Shepard Patrick Rd, Spencer, IN 47460, 3 beds, 2 baths

$329,000

3 beds2 baths1,680 sq ft

2191 Shepard Patrick Rd, Spencer, IN 47460

Property at 1131 Parks Dr, Spencer, IN 47460, 2 beds, 1 bath

$164,900

2 beds1 bath768 sq ft

1131 Parks Dr, Spencer, IN 47460

Property at 681 Hancock School Rd, Spencer, IN 47460, 2 beds, 2 baths

$394,900

2 beds2 baths2,130 sq ft

681 Hancock School Rd, Spencer, IN 47460

Property at 3125 Braysville Rd, Spencer, IN 47460, 2 beds, 1 bath

$239,900

2 beds1 bath1,243 sq ft

3125 Braysville Rd, Spencer, IN 47460

Property at 9677 W Reeves Rd, Spencer, IN 47460, 4 beds, 2 baths

$329,000

4 beds2 baths4,032 sq ft

9677 W Reeves Rd, Spencer, IN 47460

Property at 982 E Porter Ridge Rd, Spencer, IN 47460, 3 beds, 2 baths

$209,000

3 beds2 baths1,792 sq ft

982 E Porter Ridge Rd, Spencer, IN 47460

Property at 213 Fletcher Ave, Spencer, IN 47460, 3 beds, 1 bath

$264,900

3 beds1 bath2,404 sq ft

213 Fletcher Ave, Spencer, IN 47460

Property at 226 N East St, Spencer, IN 47460, 3 beds, 2 baths

$244,900

3 beds2 baths3,168 sq ft

226 N East St, Spencer, IN 47460

Property at 1845 S US Hwy 231 Hwy, Spencer, IN 47460, 3 beds, 2 baths

$378,900

3 beds2 baths2,128 sq ft

1845 S US Hwy 231 Hwy, Spencer, IN 47460

Property at 4005 Texas Pike Rd, Spencer, IN 47460, 4 beds, 2 baths

$449,000

4 beds2 baths2,600 sq ft

4005 Texas Pike Rd, Spencer, IN 47460

Property at 4743 E Coltrane Ln, Spencer, IN 47460, 3 beds, 2 baths

$320,000

3 beds2 baths1,940 sq ft

4743 E Coltrane Ln, Spencer, IN 47460

Property at 45 Flatwoods Rd, Spencer, IN 47460, 4 beds, 3 baths

$374,900

4 beds3 baths3,502 sq ft

45 Flatwoods Rd, Spencer, IN 47460

Property at 7088 Addie Rd, Spencer, IN 47460, 4 beds, 3 baths

$349,900

4 beds3 baths2,356 sq ft

7088 Addie Rd, Spencer, IN 47460

Property at 168 E North St, Spencer, IN 47460, 3 beds, 2 baths

$249,900

3 beds2 baths2,031 sq ft

168 E North St, Spencer, IN 47460

Property at 427 E Jefferson St, Spencer, IN 47460, 3 beds, 2 baths

$210,000

3 beds2 baths1,508 sq ft

427 E Jefferson St, Spencer, IN 47460

Property at 48 W Clay St, Spencer, IN 47460, 3 beds, 2 baths

$262,500

3 beds2 baths1,317 sq ft

48 W Clay St, Spencer, IN 47460

Property at 205 N Main St, Spencer, IN 47460, 4 beds, 2.5 baths

$199,900

4 beds2.5 baths2,289 sq ft

205 N Main St, Spencer, IN 47460

Property at 302 E Lewis Ln, Spencer, IN 47460, 2 beds, 2 baths

$199,000

2 beds2 baths1,296 sq ft

302 E Lewis Ln, Spencer, IN 47460

Property at 752 W Thornridge Way, Spencer, IN 47460, 3 beds, 2 baths

$383,000

3 beds2 baths2,664 sq ft

752 W Thornridge Way, Spencer, IN 47460

Property at 767 Laymon Ave, Spencer, IN 47460, 4 beds, 1 bath

$229,900

4 beds1 bath1,360 sq ft

767 Laymon Ave, Spencer, IN 47460

Property at 110 Pin Oak Rd, Spencer, IN 47460, 3 beds, 2.5 baths

$360,000

3 beds2.5 baths1,847 sq ft

110 Pin Oak Rd, Spencer, IN 47460

Property at 106 Pin Oak Rd, Spencer, IN 47460, 4 beds, 2 baths

$384,000

4 beds2 baths1,947 sq ft

106 Pin Oak Rd, Spencer, IN 47460

Property at 710 White Oak Rd, Spencer, IN 47460, 3 beds, 2 baths

$384,000

3 beds2 baths2,220 sq ft

710 White Oak Rd, Spencer, IN 47460

Property at 534 E Dogwood Ct, Montgomery Township, IN 47460, 3 beds, 2.5 baths

$369,000

3 beds2.5 baths2,051 sq ft

534 E Dogwood Ct, Montgomery Township, IN 47460

Property at 1921 Country Club Rd, Spencer, IN 47460

$140,000

Land3.09 acres (lot)

1921 Country Club Rd, Spencer, IN 47460

Property at 0 Park Hill Dr, Spencer, IN 47460

$35,000

Land2.43 acres (lot)

0 Park Hill Dr, Spencer, IN 47460

Property at 9507 US 231 Site 131, Quincy, IN 47456

$3,700

Land4,320 sq ft (lot)

9507 US 231 Site 131, Quincy, IN 47456

Property at 00 Rocky Hill Rd, Spencer, IN 47460

$195,000

Land15.08 acres (lot)

00 Rocky Hill Rd, Spencer, IN 47460

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Based on information submitted to the MLS GRID as of Thu Aug 20 2026. 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.

Cheap Homes for Sale in 47460

There are currently 57 cheap homes for sale in 47460 at a median listing price of $320K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in 47460 stay on the market for 63 days and receive 1 offers. This map is refreshed with the newest listings in 47460 every 15 minutes.

In the past month, 10 homes have been sold in 47460. In addition to houses in 47460, there were also 2 condos, 1 townhouse, and 2 multi-family units for sale in 47460 last month. Find your dream home in 47460 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 47460 are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in 47460. If you're looking to sell your home in the 47460 area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in 47460 with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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