Experience peaceful lakefront living in the desirable Locust Lake community, conveniently located in northern Owen County just minutes from I-70. This meticulously maintained sandstone ranch offers picturesque water views, thoughtful updates, and a move-in-ready interior designed for comfortable everyday living and entertaining. Offering 1,776 square feet of finished living space, this home features three bedrooms and two full bathrooms. The main level showcases an inviting open-concept living, dining, and kitchen area where a stunning floor-to-ceiling stone fireplace with a wood-burning insert creates a warm focal point. Just off the main living space, a spacious covered deck extends your living area outdoors, providing the perfect setting for dining, relaxing, or taking in the peaceful lake views. Two main-level bedrooms feature beautiful hardwood floors and are served by a full bathroom conveniently located on the main floor. The finished walkout lower level adds exceptional flexibility with a spacious family room, a large third bedroom, a full bathroom, and a dedicated laundry room. An attached two-car garage with attic storage offers ample room for vehicles, tools, and seasonal items. Recent improvements provide added value and peace of mind, including a new well, a newer HVAC system with an energy-efficient mini-split serving the lower level, roof, well pump, sump pump, dock, and covered rear deck. Step outside to enjoy your private lakefront setting, whether relaxing by the water, casting a line from the dock, or exploring the electric motor-only lake. Locust Lake offers an affordable homeowners association with annual dues of less than $450. Ideally located near Cataract Falls, Cataract Lake, and McCormick's Creek State Park, this property provides convenient access to boating, fishing, hiking, and a variety of outdoor recreation opportunities while remaining just minutes from Interstate 70 for an easy commute.
GPS Friendly
Ceiling Fan(s), Countertops-Laminate, Deck Covered, Detector-Carbon Monoxide, Detector-Smoke, Garage Door Opener, Generator Ready, Open Floor Plan, Porch Open, Tub/Shower Combination, Sump Pump
Sale IncludesMicrowave, Refrigerator, Window Treatments, Dryer-Electric, Range-Electric, Sump Pump, Water Heater Electric
| MLS # | 202631085 |
|---|---|
| Date Listed | 2026-07-31 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Square Feet | 1,776 sqft |
| New Construction | No |
| Style | One Story |
| Type | Site-Built Home |
| Basement | Yes |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Annual Taxes | $542.46 |
| Year Taxes Payable | 2025 Payable 2026 |
| Year Built | 1965 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 64 |
| Homestead Year | No |
| Design | Ranch |
|---|---|
| Cooling | Central Air, Multiple Cooling Units |
| Heating | Forced Air, Multiple Heating Systems, Propane Tank Rented |
| Garage | Attached |
| Hardwood Floors | Yes |
| Living Room | 11 × 16 | Main Level |
| Dining Room | 10 × 11 | Main Level |
| Family Room | 25 × 16 | Lower Level |
| Kitchen | 14 × 12 | Main Level |
| Master Bedroom | 15 × 11 | Lower Level |
| 2nd Bedroom | 12 × 11 | Main Level |
| 3rd Bedroom | 12 × 9 | Main Level |
| Full Baths | 1 Main, 1 Lower |
| Construction | Site-Built Home |
|---|---|
| Exterior | Vinyl |
| Lot Size | 13,939 sq ft |
| Acreage | 0.32 Acres |
| Lot Dimensions | 0x0 |
| Sewer | Septic |
| Water | Well |
| Fence | None |
| Area | Owen County |
|---|---|
| Location | Rural Subdivision |
| County | Owen |
| Subdivision | Locust Lake |
| Township | Montgomery |
| City | Spencer |
| State | IN |
| Zip | 47460 |
| School District | Spencer-Owen Community Schools |
|---|---|
| Elementary | Gosport |
| Middle School | Owen Valley |
| High School | Owen Valley |
| Financing Terms | Cash, Conventional, FHA, USDA, VA |
|---|---|
| Assoc. Dues | $0.00 Not Applicable |
MLS# 202631085
Listing Provided Courtesy of Corey Mauder
Century 21 Scheetz - Bloomington
Cell: 812-606-1908
Listing updated September 29, 2026 at 12:15 pm
Last checked 18 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.