Contingent

1550 Park Hill Drive

Traditional • 50Y Old
$595,000 Listed 2 months ago
4 Bedrooms
4 Bathrooms 2 Full & 2 Half
5300 sqft
4.11 Acres
2 Car Garage Attached 27 × 24 (648 sqft)
Basement Garage Hardwood Floors Main Level Laundry
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Property Description

Perched atop Park Hill Drive on 4.11 sprawling acres, this classic, stately brick residence has been cherished by a single owner and offers commanding views over downtown Spencer below. At 5,300 square feet, this 4 bedroom, 4 bath home blends timeless craftsmanship with everyday livability. From the brick walkways to the wainscotting, vaulted and beamed ceilings, hardwood floors, and crown molding, fine details are found throughout. Custom cabinetry, multiple built-ins, and two wood-burning brick fireplaces bring warmth and character to the home's gathering spaces. The 2,176-square-foot main level offers a room for every occasion, including a family room with a wet bar tucked neatly behind closet doors. Upstairs, an impressively large cedar-lined closet, four bedrooms include a private master suite with a full bath. Out back, a large brick patio offers exquisite views over downtown Spencer. The fully finished basement adds a half bath, recreation area, bar, and additional flex room. One-owner homes with this craftsmanship, acreage, and view are exceedingly rare in Owen County. This is a legacy property waiting for its next chapter.

Directions

From Spencer, go east on Hwy 46. Turn right on Park Hill Drive. Home is on the right.

Amenities

1st Bdrm En Suite, Adj to State/Natnl Forest, Bar, Built-In Bookcase, Ceilings-Beamed, Ceilings-Vaulted, Countertops-Solid Surf, Court-Basketball, Crown Molding, Dryer Hook Up Electric, Garage Door Opener, Landscaped, Laundry-Chute, Patio Open, Range/Oven Hook Up Elec, Six Panel Doors, Twin Sink Vanity, Utility Sink, Stand Up Shower, Tub/Shower Combination, Formal Dining Room, Great Room, Main Floor Laundry, Washer Hook-Up, Custom Cabinetry

Sale Includes

Dishwasher, Microwave, Refrigerator, Washer, Cooktop-Electric, Dryer-Electric, Freezer, Oven-Built-In, Oven-Electric, Water Heater Electric

Property
MLS # 202628541
Date Listed 2026-07-16
Status Cont-AccptngBackupOffers
Property Type Residential
Property SubType Site-Built Home
Square Feet 5,300 sqft
New Construction No
Style Two Story
Type Site-Built Home
Basement Yes
Bedrooms 4
Bathrooms 4 (2 Full, 2 Half)
Annual Taxes $4,150.08
Year Taxes Payable 2026
Year Built 1976
Virtual Tour youtu.be »
Days on Market 79
Homestead Year No
Additional
Design Traditional
Cooling Heat Pump
Heating Electric, Heat Pump
Garage Attached
Hardwood Floors Yes
Main Level Laundry Yes
Room Dimensions
Living Room 14 × 17 Main Level
Dining Room 12 × 15 Main Level
Family Room 18 × 31 Main Level
Kitchen 11 × 11 Main Level
Breakfast Area 14 × 11 Main Level
Master Bedroom 18 × 17 Upper Level
2nd Bedroom 13 × 12 Upper Level
3rd Bedroom 13 × 12 Upper Level
4th Bedroom 13 × 14 Upper Level
Recreation Room 28 × 17 Basement Level
Extra Room 28 × 14 Basement Level
Bathroom Locations
Full Baths 2 Upper
Half Baths 1 Main, 1 Lower
External Features
Construction Site-Built Home
Exterior Brick
Lot Size 179,032 sq ft
Acreage 4.11 Acres
Lot Dimensions 243X375
Parking Yes
Sewer Septic
Water City
Fence None
Location
Area Owen County
Location Rural Subdivision
County Owen
Subdivision Park Hill Estates
Township Washington
City Spencer
State IN
Zip 47460
Schools
School District Spencer-Owen Community Schools
Elementary Spencer
Middle School Owen Valley
High School Owen Valley
Financial
Financing Terms Conventional, FHA, VA
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202628541
Listing Provided Courtesy of Samantha Carver
Home Team Properties
Office: 844-821-6051

Listing updated September 10, 2026 at 12:45 pm
Last checked 6 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.