1120 Cedar Lane

Spencer IN 47460

1500 sq. ft.

108900 sq. ft.

Single-Family

Last sold for $99,000

Ronita Walcott, last sold this property on 24 July 2026 after 169 days on market.

Overview

This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.

Features

3 bedrooms

1 bathroom

2 carspaces

2 garage spaces

1500 sq. ft. floor area

108900 sq. ft. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Spencer over the last 12 months, the estimated median property value of 1120 Cedar Lane is $296.45k.

Median value

$296.45k

Estimated value range

$99k - $560k

Median days on market

Estimated value trend

-4%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Spencer. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1120 Cedar Lane

2026

Sold

$99,000

24 Jul 2026 by Ronita Walcott, of Evergreen Real Estate & Auctions

Happy sellers in Spencer

We have insufficient information to provide an overview of customer satisfaction for Spencer. Viewing the agent profiles, reviews and sales for Spencer can provide insights for this location.