$349,900

7114 Locust Lake W Dr Spencer, IN 47460

$4,155
Closing credit¹
2 beds
2 full
2,928 sqft
2.9 acres
$120 / sqft
House

Property details

About 7114 Locust Lake W Dr

Looking for a home on the lake? Take a look at this beauty!! 2 Bedroom, 2 Bath brick home with a full basement is situated on 2.93 acres right on Locust Lake. Home has a fenced in yard in the front for allowing pets and/or kids to be outside and not be around the lake. The home has an outside generator included. Also, in addition to the attached 2 car garage, there is a 12x16 shed, a 10x10 shed, and an 8x12 shed for additional storage needs. The screened in porch and deck overlooking the lake allows for taking advantage of relaxing or entertaining. Stairs from the back lead down to the dock and the lake. The inside of the home offers spacious living, including a full basement and a fireplace on each level. So many possibilities with this home!! Convenient location, non ski lake, easy access to main highway, and so much more.

Highlights

Home typeSingle Family Residence
HeatingForced Air, Propane
StatusActive
Size2,928 sqft
BasementYes
Lot size2.93 Acres
Year built1965
MLS #22039449
FireplaceBasement, Dining Room, Insert, Woodburning Fireplce

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Gas Oven, Water Heater, Refrigerator, Washer
  • Basement: Yes
  • Interior: Supplemental Storage, Walk-in Closet(s)
  • Fireplace: Basement, Dining Room, Insert, Woodburning Fireplce
  • Total Bedroom Count: 2
  • Architectural Style: Ranch
  • Heating: Forced Air, Propane
  • List Price: $349,900
  • Price/SqFt: $119
  • HOA Amount: $825 Annually
  • Directions: GPS Friendly
  • Year Built: 1965
  • Living Area: 2,928 SqFt
  • Lot Size: 2.93 Acres
  • MLS Number: 22039449
  • MLS Name: MIBOR
  • Office Name: Keith Realty & Auction Group
  • Office Email: vkeith@homefinder.org
  • Listing Agent: Verl Keith

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Last updated on: 5/23/2025, 1:16:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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7114 Locust Lake W Dr, Spencer, IN 47460 - view of yard

$349,900

7114 Locust Lake W Dr

$4,155

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Gosport Elementary School

Public District PK-6

6.7 mi

9th St

4

Spencer Elementary School

Public District PK-6

7.3 mi

151 E Hillside Ave

6

Cloverdale Elementary School

Public District PK-4

8.3 mi

311 E Logan St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $47,158. Typical income of Spencer, IN residents is between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

21%
<35k
72%
35k-100k
5%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree

What types of families live nearby?

34%
Single, No Kids
10%
Single, with Kids
35%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • CountryCountry
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7114 Locust Lake W Dr

The listing price of 7114 Locust Lake W Dr property is $349,900.

The property 7114 Locust Lake W Dr is a house located in Spencer, Indiana, 47460.

Active Listing: 7114 Locust Lake W Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7114 Locust Lake W Dr are: Gosport Elementary School (GreatSchools Rating 6/10), Spencer Elementary School (GreatSchools Rating 4/10), Cloverdale Elementary School (GreatSchools Rating 6/10), Owen Valley Middle School (GreatSchools Rating 6/10), Cloverdale Middle School (GreatSchools Rating 5/10), South Putnam Middle School (GreatSchools Rating 7/10), Owen Valley Community High School (GreatSchools Rating 4/10), Cloverdale High School (GreatSchools Rating 5/10), Eminence Jr-Sr High School (GreatSchools Rating 3/10).

The property at 7114 Locust Lake W Dr has 2 bedrooms and 2 bathrooms.

The property 7114 Locust Lake W Dr is 2,928 SqFt (source: MLS/tax record).

The year of construction for 7114 Locust Lake W Dr is 1965.

This home is located at 7114 Locust Lake W Dr in Spencer, IN and zip code 47460. This 2,928 square foot home, which was built in 1965, sits on a 2.93 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2025 and is currently priced at $349,900.

While more than 1 listings in Spencer, IN in April 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 6 were sold below. The inventory of homes for sale in Spencer, IN between March and April 2025 increased by 17.7%. The median list price of listings available in April 2025 was $300,000, while the average time on the real estate market was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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