Tour
$3,561 Closing Credit¹
#202505186, Samantha Carver, Listing office: Home Team Properties
$1,150,000 List price
135 W Wayne St Spencer, IN 47460
$10,000
Closing credit¹
2 beds
1 full
0.4 acres
$666 / sqft
House
Property details
About 135 W Wayne St
Calling all investors! Looking for a stable, immediate cash flow property in excellent condition? This lot offers 5 Duplexes with upper/lower units and 1 site built home, all 11 units are currently rented out with a strong rental history and plenty of room for potential revenue. Gravel parking lots in front of the units allow for off street parking for each resident. All 11 units have 2 bedrooms & 1 bathroom, with individual porches for enjoyment, new metal roofs, and the current property manager does routine walk-throughs in Fall & Spring to keep up on repairs. The buildings are structurally in excellent condition making for a great investment.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingCentral Air
Lot size0.4 Acres
Year built1900
MLS #202504297
Virtual tour
Summary
- Full Bathrooms: 1
- Total Bedroom Count: 2
- Exterior: Vinyl
- Architectural Style: Duplex
- Heating: Electric
- Cooling: Central Air
- List Price: $1,150,000
- Price/SqFt: $665
- Annual Tax Amount: $1,714
- Tax Year: 2023
- Lot: Corner Lot
- Directions: From Morgan St/46 turn S on Montgomery, turn R on W Wayne, Property on R.
- Year Built: 1900
- Lot Size: 0.4 Acres
- MLS Number: 202504297
- Office Name: Keith Realty & Auction Group
- Office Phone: (812) 714-8250
- Listing Agent: Taylor Kay
The data on this website relating to real estate for sale comes in part from the Internet Data Exchange (IDX) program of the Indiana Regional MLS (IRMLS). 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. ©2011-2025 Indiana Regional MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/23/2025, 6:45:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,150,000
135 W Wayne St
$10,000
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2012 | Home Sold | $740,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $85,700 | $1,714 |
| 2021 | $85,700 | $1,714 |
| 2020 | $86,000 | $1,721 |
| 2019 | $86,000 | $1,722 |
| 2017 | $87,400 | $1,749 |
History based on county public records data.
Nearby schools
4
Spencer Elementary School
Public District PK-6
0.5 mi
•151 E Hillside Ave
7
McCormick's Creek Elementary School
Public District KG-6
3.4 mi
•1601 Flatwoods Rd
6
Gosport Elementary School
Public District PK-6
6.9 mi
•9th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,955. The majority of Spencer, IN residents have income less than $<35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
53%
<35k
40%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
44%
Single, No Kids
20%
Single, with Kids
21%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Monster Trucks
Hunting
NASCAR
Where do the neighbors shop?
Wal-Mart
Dollar General
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Chevrolet
Ram
GMC
What do the neighbors listen to?
Country- Classic Country
New Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 135 W Wayne St
The listing price of 135 W Wayne St property is $1,150,000.
The property 135 W Wayne St is a house located in Spencer, Indiana, 47460.
Active Listing: 135 W Wayne St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 135 W Wayne St are: Spencer Elementary School (GreatSchools Rating 4/10), McCormick's Creek Elementary School (GreatSchools Rating 7/10), Gosport Elementary School (GreatSchools Rating 6/10), Owen Valley Middle School (GreatSchools Rating 6/10), Edgewood Junior High School (GreatSchools Rating 5/10), Tri-North Middle School (GreatSchools Rating 6/10), Owen Valley Community High School (GreatSchools Rating 4/10), Edgewood High School (GreatSchools Rating 5/10), Seven Oaks Classical School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2023 is $1,714 (source: MLS/based on county public records data).
The last sale was on December 20, 2012 for $740,000 (source: MLS/tax record).
The property at 135 W Wayne St has 2 bedrooms and 1 bathroom.
The year of construction for 135 W Wayne St is 1900.
This home is located at 135 W Wayne St in Spencer, IN and zip code 47460. This home, which was built in 1900, sits on a 0.40 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $1,150,000.
Over 2 listings were sold over their listed price in May 2025 in Spencer, IN. In the same period over 13 listings were sold below the listed price and 3 listings were sold for the listed price. In May 2025 in Spencer, IN there were 2.9% less homes for sale than in April. While the average time on the market in May 2025 was 103 days, the median list price was $277,500.
From Rocket Homes Real Estate and based on county public records data.