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721 W Spencer Avenue

Site-Built Home • 88Y Old
$695,000 Listed 2 weeks ago
7 Bedrooms 1 on Main Level
7 Bathrooms 5 Full & 2 Half
9962 sqft
0.81 Acres
4 Car Garage Attached 20 × 38 (760 sqft)
Basement Garage Outbuilding Pool
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Property Description

Some homes are designed to be lived in. Others give you the space and flexibility to make them whatever you need them to be. 721 W. Spencer Avenue is one of those rare properties. This impressive brick estate sits on nearly an acre and offers an incredible amount of space, character, and possibility. With multiple living areas, plenty of bedrooms and bathrooms, fireplaces, a finished lower level, and a four-car attached garage, there is room here for any number of occupants, guests, hobbies, and just about anything else you can imagine. And then there’s the outdoor space. The private in-ground pool creates a backyard that feels more like a retreat than a typical home. A separate pool house with its own full bathroom makes summer days easy and entertaining even better. The grounds also offer something you don’t often find with a home of this size: the potential to host. Whether it’s a gathering, celebration, private event, or even a wedding, the property provides the space and setting to make it possible. Inside, the flexibility continues. A portion of the home can be separated from the main living space, creating an opportunity for a private guest suite, rental area, or additional living quarters. There is room for a dedicated home office, workout room, recreation space, and multiple bedrooms. The primary suite even features a full sauna, giving this home a level of comfort that is hard to duplicate. The house itself combines the presence of a historic Marion estate with major modern updates, including HVAC, plumbing, and electrical work completed in 2021. Multiple gathering spaces, fireplaces, and nearly 10,000 square feet of total space give this property a scale that is increasingly difficult to find. Whether you’re looking for an extraordinary home, a property with room to bless those you are close to, a place to entertain, or simply something unlike anything else in the area, 721 W. Spencer Avenue deserves a closer look. There is a lot here. And perhaps the best part is that you get to decide what it becomes.

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Property
MLS # 202638779
Date Listed 2026-09-18
Status Active
Property Type Residential
Property SubType Site-Built Home
Finished Square Feet 9,962 sqft
Total Square Feet 10,478 sqft
New Construction No
Style Two Story
Type Site-Built Home
Basement Yes
Bedrooms 7
Bathrooms 7 (5 Full, 2 Half)
Annual Taxes $5,295.36
Year Taxes Payable 2025 Payable 2026
Year Built 1938
Virtual Tour propertypanorama.com »
Days on Market 15
Homestead Year No
Additional
Cooling Central Air
Heating Forced Air
Garage Attached
Outbuilding Bath House
Pool Yes
Room Dimensions
Living Room 29 × 16 Main Level
Kitchen 31 × 11 Main Level
Master Bedroom 12 × 11 Main Level
2nd Bedroom 15 × 9 Upper Level
3rd Bedroom 12 × 12 Upper Level
4th Bedroom 16 × 14 Upper Level
5th Bedroom 16 × 15 Upper Level
Recreation Room 28 × 16 Lower Level
Loft 19 × 9 Upper Level
Bathroom Locations
Full Baths 1 Main, 4 Upper
Half Baths 1 Main, 1 Lower
External Features
Construction Site-Built Home
Exterior Brick
Lot Size 35,284 sq ft
Acreage 0.81 Acres
Lot Dimensions 100 x 188
Out Buildings Bath House
Sewer City
Water City
Fence None
Location
Area Grant County
County Grant
Subdivision None
Township Center
City Marion
State IN
Zip 46952
Schools
School District Marion Community Schools
Elementary Riverview
Middle School McCulloch
High School Marion
Financial
Financing Terms Cash, Conventional, FHA, VA
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202638779
Listing Provided Courtesy of Nicholas Hindes
Peter Khosla, Inc
Cell: 614-747-1625

Listing updated September 18, 2026 at 5:30 pm
Last checked 17 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.