510 E Franklin Street, Spencer, IN 47460

$295,000 Asking Price

2 beds
1 bath
1,020  sqft
Built in 1950

Offering a fresh new start, this remodeled 2 bedroom, 1 bath bungalow comes with an additional investment income opportunity. The house has been completely remodeled with new carpet, new vinyl windows, new baseboard heaters, new vinyl floor, new stool, new vanity, and fresh paint inside and out just to name a few. Add personal touches to this move in ready property and it will be home in no time. The enclosed front porch provides additional space that can be tailored to your needs. This property also includes a rented 1-bedroom trailer and 3 rented trailer lots. Up to 4 additional potential rental incomes on one piece of property. Conveniently located within walking distance of downtown Spencer.

Features & Amenities

Interior

Basement:
Crawl
Flooring:
Carpet,Vinyl
A/C:
None
Heating:
Baseboard
Fireplace:
None

Exterior

General:
Aluminum
Style:
Bungalow

Construction

Roofing:
Asphalt,Shingle
General:
One Story, Crawl

Location

HOA Amenities:
Not Applicable
School District:
Spencer-Owen Community Schools

Lot

Driveway:
Gravel
Zoning:
SW SW S21 T10 R3 .84A, 60-10-21-300-400.335-028
Fencing:
None

Utilities

Water:
City

This listing courtesy of:
Home Team Properties, Rob Ranard

About Spencer, IN

Housing

Number of Units
5,132
Median Home Value
$130,803
Median Rent
$513

20.08% of housing units are renter occupied.

9.09% are vacant.

Commute

Car
81.38%
Public Transportation
0.06%
Walk to Work
2.12%
Work from Home
16.03%
Other
0.40%

The median travel time to work is 26 minutes.

People

Population
11,481
Median Age
45.20
Median Household Size
2.53

Education

High School
43.59%
Associate’s Degree
7.05%
Bachelor’s Degree
11.09%
Graduate Degree
4.55%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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