Apartment for sale by owner in Spencer, IN 47460. This is a great investment, or with some a great 1 family home. This house was built as four separate apartments. There are three 3 bedroom apartments and one 2 bedroom apartment. There is a large common room, very nice library with lots of built-ins, and full dry basement. Each apartment is different, most have hardwood floors, one has vaulted ceilings, and all have views of the 6 1/2 acre lake, woods, and many types of wildlife. Home comes with 25 wooded acres with an option to buy an additional 55 wooded acres, all 80 acres are full of Turkey, Deer, and various birds of prey. Home also has three very large decks, a large barn with a tractor with grader blade and bush hog, and a storage shed. The roof on the home is only 1 year old. Home is only 4 miles from town of Spencer Indiana. Currently all apartments are rented on a month to month lease, buyer will be able to take ownership 30 days after closing or sooner if you want to keep current tenants.
Off market
$491,400
3037 Rocky Hill Rd, Spencer, IN 47460
11beds
5baths
7,000sqft
SingleFamily
Built in 1981
25.15 Acres Lot
$491,400 Zestimate®
$70/sqft
$3,670 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
Heating
- Other
Features
- Basement: Unfinished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 7,000 sqft
Property
Parking
- Parking features: Carport, Garage
Lot
- Size: 25.15 Acres
Details
- Parcel number: 601005300060000027
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- Year built: 1981
Community & neighborhood
Location
- Region: Spencer
Services availability

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