Back 501 W Jefferson St
Off Market

501 W Jefferson St

Spencer IN 47460

2
1
1
1135 sq. ft.
4051 sq. ft.
Single-Family
Last sold for $185,000
Trent KeithTrent Keith, last sold this property on 14 October 2026 after 202 days on market.

Overview

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 serviced with a new control board. Outside, you'll appreciate the recently added concrete driveway complete with apron and drainage. Situated on a corner lot, this property offers the convenience of in-town living with easy access to local shopping, dining, schools, parks, and everyday amenities. If you're looking for a home with major mechanical updates already completed and a functional floor plan, this property is ready for you to make it your own.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
1135 sq. ft. floor area
4051 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Spencer over the last 12 months, the estimated median property value of 501 W Jefferson St is $180k.

Median value
$180k
Estimated value range
$22.13k - $450k
Median days on market
28
Estimated value trend
9%
increase 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 501 W Jefferson St

2026
Sold
$185,000
14 Oct 2026 by Trent Keith, of Keith Realty & Auction Group
2019
Sold
$117,400
07 Nov 2019 by Michelle Stanger, of Millican Realty
2018
Sold
$75,000
27 Jul 2018 by Michelle Stanger, of Millican Realty

Happy sellers in Spencer

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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.

Local market activity for 2 bedroom single-family properties in Spencer

In the last 12 months, 24 two-bedroom single-family properties similar to 501 W Jefferson St, have been sold.

This represents a 13% decrease in two-bedroom single-family properties sales when compared to the previous 12 months.

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