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 896,465 square foot lot. This home offers an idyllic blend of comfort and countryside charm. Look to build something close; 20 acres at $10-15k each, pole barn $30K, well $10K, Septic $12K, 4 acre stocked pond $50K this is already done for you!!!
Sold
$515,000
56 S Cataract Rd, Spencer, IN 47460
3beds
1,458sqft
Residential, Single Family Residence
Built in 1988
20.58 Acres Lot
$511,300 Zestimate®
$353/sqft
$1,715 Estimated rent
Home value
$511,300
$486,000 - $537,000
$1,715/mo
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: April 17, 2026 at 06:08am
Listing Provided by:
Becki Gross 812-605-2294,
Greene Realty, LLC
Bought with:
Miriah Smith
Keller Williams Indy Metro S
Source: MIBOR as distributed by MLS GRID,MLS#: 22080061
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 2
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12x10
Bedroom 3
- Level: Main
- Area: 117 Square Feet
- Dimensions: 13x9
Breakfast room
- Level: Main
- Area: 99 Square Feet
- Dimensions: 11x9
Family room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Kitchen
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11x10
Living room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Water Heater, MicroHood, Refrigerator, Water Purifier, Water Softener Owned
Features
- Breakfast Bar, Built-in Features, Entrance Foyer, Ceiling Fan(s), High Speed Internet, Eat-in Kitchen, Supplemental Storage, Walk-In Closet(s)
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front
Lot
- Size: 20.58 Acres
Details
- Parcel number: 600708100040000026
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Residential, Single Family Residence
Materials
- Brick, Wood Siding
- Foundation: Crawl Space
Condition
- New construction: No
- Year built: 1988
Utilities & green energy
- Water: Private
Community & neighborhood
Location
- Region: Spencer
- Subdivision: No Subdivision
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $515,000-2.8%$353/sqft |
Source:  MIBOR as distributed by MLS GRID #22080061 Report a problem | ||
| 3/17/2026 | Pending sale | $530,000$364/sqft |
Source: MIBOR as distributed by MLS GRID #22080061 Report a problem | ||
| 2/6/2026 | Price change | $530,000-3.6%$364/sqft |
Source:  THAAR #108382 Report a problem | ||
| 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
| 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% |
| 2021 | $1,298 +8.9% | $153,500 +7.1% |
| 2020 | $1,192 -3.6% | $143,300 +8.7% |
| 2019 | $1,237 +23.7% | $131,800 -0.7% |
| 2018 | $1,000 +0.4% | $132,700 -1.3% |
| 2017 | $996 | $134,500 +3.1% |
| 2016 | $996 -1.6% | $130,400 -1.6% |
| 2014 | $1,013 +2.8% | $132,500 +0.2% |
| 2013 | $985 -2.4% | $132,300 -1.7% |
| 2012 | $1,010 +7.6% | $134,600 -3.9% |
| 2011 | $939 -17.5% | $140,000 -1.8% |
| 2010 | $1,138 +1.2% | $142,500 -4.8% |
| 2009 | $1,124 -17.9% | $149,700 -4% |
| 2007 | $1,369 -14.3% | $156,000 +4.6% |
| 2006 | $1,597 | $149,100 +29.2% |
| 2005 | -- | $115,400 |
Find assessor info on the county website
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 Elementary School
- Middle: Cloverdale Middle School
- High: Cloverdale High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Indiana
- Owen County
- Spencer
- 47460
- 56 S Cataract Rd