20+ acres of pure greatness nestled at 56 S Cataract RD, SPENCER, IN, this single-family residence in Owen county offers an attractive property in great condition. The living room provides a warm and inviting atmosphere, complete with a fireplace for cozy evenings and built-in shelves to showcase your personal treasures. The kitchen is a culinary dream, featuring stone countertops and a kitchen bar, perfect for casual dining and entertaining, as well as a kitchen peninsula for preparing meals. Retreat to the bathroom and indulge in the walk-in shower. The property boasts a porch, providing a delightful spot to sip your morning coffee, as well as a deck and pergola, creating an ideal setting for outdoor relaxation. The ensuite bathroom offers privacy and convenience. The lot area offers a water view and is situated in a rural area. This home also includes a laundry room for added convenience, and the primary bedroom features a walk-in closet. The open floor plan enhances the sense of space and freedom. With its three bedrooms and two full bathrooms, this 1458 square foot, one-story home, built in 1988, is situated on an expansive 896465 square foot lot. This home offers an idyllic blend of comfort and countryside charm.
For sale
$550,000
56 S Cataract Rd, Spencer, IN 47460
3beds
1,458sqft
Est.:
Single Family Residence
Built in 1988
20.58 Acres Lot
$524,200 Zestimate®
$377/sqft
$-- HOA
What's special
Water viewThree bedroomsStone countertopsKitchen barKitchen peninsulaLaundry roomEnsuite bathroom
- 3 days |
- 1,242 |
- 65 |
Zillow last checked: 8 hours ago
Listing updated: January 14, 2026 at 04:38pm
Listed by:
BECKI GROSS,
GREENE REALTY LLC
Source: THAAR,MLS#: 108382
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
Bedroom 2
- Level: First
Bedroom 3
- Level: First
Bedroom 4
- Level: 0
Bathroom 1
- Level: Second
Bathroom 2
- Level: 0
Bathroom 3
- Level: 0
Heating
- Electric, Propane
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Elec. Range/Oven, Microwave, Water Filter, Water Softener Owned
Features
- Ceiling Fan(s), Walk-In Closet(s), Split Bedroom Floor Plan, Granite Counters
- Flooring: Vinyl, Carpet
- Windows: Vinyl Clad, Window Coverings
- Basement: Crawl Space,None
- Number of fireplaces: 1
- Fireplace features: One, Gas Log
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Covered, Deck
- Exterior features: Gutters/Storm Drain
- Waterfront features: Lake
Lot
- Size: 20.58 Acres
Details
- Additional structures: Pole Barn
- Parcel number: 600708100040.000026
- Zoning: R1
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Wood Siding
- Roof: Metal
Condition
- Year built: 1988
Utilities & green energy
- Sewer: Septic Tank
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Spencer
Financial & listing details
- Price per square foot: $377/sqft
- Tax assessed value: $219,500
- Annual tax amount: $1,591
- Date on market: 1/14/2026
- Inclusions: Electric Range/Oven, Dishwasher, Micro Hood, Fridge
- Exclusions: Washer, Dryer
- Road surface type: Paved
Estimated market value
$524,200
$498,000 - $550,000
$1,773/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/14/2026 | Listed for sale | $550,000$377/sqft |
Source:  THAAR #108382 Report a problem | ||
| 1/27/2024 | Listing removed | $550,000 |
Source:  IRMLS #202345272 Report a problem | ||
| 11/2/2023 | Listed for sale | $550,000$377/sqft |
Source:  MIBOR as distributed by MLS GRID #21951523 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,591 +9.3% | $219,500 +8.7% |
| 2023 | $1,456 +8.7% | $202,000 +11.4% |
| 2022 | $1,339 +3.1% | $181,300 +18.1% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,124/mo
Principal & interest
$2624
Property taxes
$307
Home insurance
$193
Climate risks
Neighborhood: 47460
Nearby schools
GreatSchools rating
- 5/10Cloverdale Middle SchoolGrades: 5-8Distance: 6.9 mi
- 7/10Cloverdale High SchoolGrades: 9-12Distance: 7 mi
- 5/10Cloverdale Elementary SchoolGrades: PK-4Distance: 7.1 mi
Schools provided by the listing agent
- Elementary: Cloverdale Elem
- Middle: Cloverdale Middle
- High: Cloverdale HS
Source: THAAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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