Foreclosure for Sale on N Us Highway 231, Spencer, IN 47460

Foreclosures โ€บ Indiana โ€บ Owen โ€บ Spencer โ€บ N Us Highway 231
Bank-owned REO foreclosure property at N Us Highway 231, Spencer, IN 47460. 3 bed 1 bath 1,172 sq ft Owen County foreclosure listing.
Foreclosure (REO) Active 93 days on market
N Us Highway 231, Spencer, IN 47460
Price TBD
Owen County ยท Indiana
3
Bedrooms
1
Bathrooms
1,172
Sq ft
1975
Year built
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Property details
Listing type Foreclosure
Property type SingleFamily
Bedrooms 3
Bathrooms 1
Living area 1,172 sq ft
Year built 1975
County Owen County
State Indiana
ZIP 47460
Days on Market 93 days
Listing ID 65757029
About this property

This Spencer, IN property is a Real Estate-Owned (REO)/post-foreclosure home owned or managed by a bank. All offers are considered; however, the highest and best will most likely be accepted.

๐Ÿ“Š Owen County Market ยท Updated daily
Active Listings
33
Avg. Est. Value
$111,900
Bank-Owned (REO)
11
Pre-Foreclosures
22

21 active foreclosure listings in Spencer, IN.

Browse all Owen County foreclosures โ†’
โ“ Frequently Asked Questions
This is a bank-owned (REO) property. The lender has repossessed it after the foreclosure process completed. REO properties are sold as-is but typically allow conventional financing and interior inspections before closing.
Click "View full listing & bid" above to access complete auction details, contact information, and bidding tools through our foreclosure.com partner. You can also work with a licensed real estate attorney or broker familiar with Owen County foreclosures for additional guidance on the purchase process.
There are currently 21 active foreclosure listings in Spencer, IN. Land.net updates foreclosure data daily across all 50 states.
Before buying any foreclosure, research: (1) title history and any liens that may survive the sale, (2) property condition โ€” most foreclosures sell as-is with no repairs, (3) delinquent property taxes which are a senior lien, (4) HOA fees and any delinquent assessments, (5) flood zone status using FEMA maps, and (6) occupancy status โ€” eviction may be required if the property is occupied.
๐ŸŒŠ Flood Zone ยท FEMA NFHL

Check the official FEMA flood map for this property's flood zone designation and risk level.

Check FEMA Flood Map โ†’
๐Ÿฆ Mortgage estimate
Est. monthly payment (P&I + tax + insurance)
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๐Ÿ“ Location Map ยท Spencer, IN Open in Google Maps โ†’
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๐Ÿ˜๏ธ Neighborhood Profile ยท ZIP 47460 ยท U.S. Census ACS
Population
11,442
Median Age
46 yrs
Households
4,691
Median Household Income
$59,427
Median Home Value
$155,400
Median Rent
$799/mo
Owner-Occupied
80% of homes
Vacancy Rate
9% of units
Unemployment Rate
5.2%

~12% of residents hold a bachelor’s degree or higher.

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2022)
๐Ÿซ Schools ยท NCES 2024โ€“25
Schools in ZIP 47460
๐Ÿซ Elementary
McCormick's Creek Elementary Sch
Grades Kโ€“6ยทSpencer ZIP 47460
Spencer Elementary School
Grades Pre-Kโ€“6ยทSpencer ZIP 47460
๐Ÿซ Middle
Owen Valley Middle School
Grades 7โ€“8ยทSpencer ZIP 47460
๐ŸŽ“ High
Owen Valley Community High School
Grades 9โ€“12ยทSpencer ZIP 47460

Source: NCES CCD 2024โ€“25 ยท nces.ed.gov

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