240 E  Wayne St, Spencer, IN 47460
Property image
Property image
OFF MARKET

$116,000

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 670 sqft

240 E Wayne St, Spencer, IN 47460

Est. Refi. Payment $781/mo*
Refinance Your Home
Currently Off Market - Sold Oct 17, 2023 for $94,500

Home Value

Trulia Estimate
$116K
Since last month
Increased$800 (+0.7%)
Since last year
Decreased$1K (-1%)
Since last sale
Increased$21K (+21.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +147% in the last 10 years
MonthEstimated value
2026
September 2026$115K
August 2026$114K
July 2026$115K
June 2026$115K
May 2026$116K
April 2026$115K
March 2026$113K
February 2026$113K
January 2026$112K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.04
Single-Family Home
$185,000
08/07/26
2
1
965
0.17
Single-Family Home
$148,500
12/01/25
2
1
864
0.35
Single-Family Home
$123,000
06/29/26
2
1
1,776
0.08
Single-Family Home
$169,000
12/26/25
3
1
1,236
0.32
Single-Family Home
$185,000
12/22/25
2
1
952
0.39
Single-Family Home
$190,000
01/23/26
2
1
1,160
0.43
Single-Family Home
$193,000
12/05/25
2
1
2,272
0.30
Single-Family Home
$180,000
12/18/25
2
2
2,346
0.23
Single-Family Home
$151,250
04/15/26
3
1
3,862
0.41
Single-Family Home
$171,000
07/09/26
2
1
2,588

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.04
$185,000
2
1
965
Recently Sold
0.02
$278,000
3
2
1,800
Off Market
0.04
$299,999
6
2
2,592
Recently Sold
0.05
$251,300
2
2
1,440
Off Market
0.05
$189,000
2
2
1,296
For Sale
0.06
$193,900
2
2
1,296
Off Market
0.08
$169,000
3
1
1,236
Recently Sold
0.12
$188,900
3
1
1,136
Off Market
0.09
$198,700
2
2
1,296
Off Market
0.10
$210,000
2
2
1,296
Recently Sold
0.13
$167,900
2
1
1,040
For Sale

Local Information

  • Map ViewExplore the area around 240 E Wayne St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1908
670 sqft
$173/sqft
Open Parking

About this House

What's unique:Newer metal roofBack door
Lovely 2 bedroom bungalow in Spencer. Home has newer metal roof, carpet in bedrooms, paint and appliances. Covered front porch is perfect to have morning coffee and relax. Tranquil private back yard area accessible through the carport or back door of the home that also takes you to the unfinished basement where furnace and water heater are located. Washer and Dryer are included in the hallway laundry area located just outside the bathroom. This home is a great value and all it needs is YOU!
240 E Wayne St, Spencer, IN 47460 is a 2 bedroom, 1 bathroom, 670 sqft single-family home built in 1908. It last sold for $94,500 on Oct 17, 2023 (18% below the $115,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $116,000, with a rent estimate of $1,184/month.
Last check for updates: about 15 hours ago
Listed by Lisa Funkhouser, (812) 322-0070
Funkhouser Real Estate & Property Manage
Bought with: Lisa Funkhouser, (812) 322-0070, Funkhouser Real Estate & Property Manage
Source: IRMLS, MLS#202328194

Home Details for 240 E Wayne St

Interior Features

Interior Details
Basement: Partial,Unfinished,BlockNumber of Rooms: 4Types of Rooms: Bedroom 1, Bedroom 2, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 670 Square Feet
Appliances & Utilities
Appliances: Refrigerator, Washer, Dryer-Electric, Electric Range, Electric Water HeaterRefrigeratorWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Duke Energy IndianaGas: Community NatGas(Spencer)
Windows, Doors, Floors & Walls
Window: Window TreatmentsFlooring: Carpet, Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Carpet, Laminate, Vinyl

Exterior Features

Exterior Home Features
Roof: MetalPatio / Porch: Porch CoveredFencing: Metal, WoodFoundation: Stone
Parking & Garage
No GarageHas Open ParkingParking: Gravel
Frontage
Not on Waterfront
Water & Sewer
Sewer: City
Finished Area
Finished Area (above surface): 670 Square Feet

Property Information

Year Built
Year Built: 1908
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Bungalow
Building
Construction Materials: Aluminum SidingNot a New ConstructionDoes Not Include Home Warranty
Property Information
Parcel Number: 601020400400.649028

Price & Status

Price
List Price: $115,000
Status Change & Dates
Off Market Date: Sat Oct 14 2023

Active Status

MLS Status: Closed

Location

Direction & Address
City: SpencerCommunity: None
School Information
Elementary School: SpencerElementary School District: Spencer-Owen Community SchoolsJr High / Middle School: Owen ValleyJr High / Middle School District: Spencer-Owen Community SchoolsHigh School: Owen ValleyHigh School District: Spencer-Owen Community Schools

Building

Building Area
Building Area: 1100 Square Feet

Lot Information

Lot Area: 3484.8 sqft

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 202328194Attribution Contact: Cell: 812-322-0070Above Grade Unfinished Area: 670

Price and Tax history

DateEventPrice
Oct 17, 2023
Source: IRMLS #202328194
Sold
$94,500
Oct 14, 2023
Source: IRMLS #202328194
Pending
$115,000
Sep 5, 2023
Source: IRMLS #202328194
PriceChange
$115,000
Price decreased by 8%
Aug 9, 2023
Source: IRMLS #202328194
Listed For Sale
$125,000
Jul 21, 2021
Source: MIBOR as distributed by MLS GRID #21791401
Sold
$64,000

Market trends in Spencer

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
54
4
MoM

Around this home

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Spencer

At least 19 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 92 % Say car is needed

  • 92 % Say there's holiday spirit

  • 85 % Say yards are well-kept

  • 72 % Say it's quiet

  • 64 % Say it's walkable to grocery stores

  • 61 % Say it's walkable to restaurants

  • 61 % Say kids play outside

  • 59 % Say people would walk alone at night

  • 59 % Say there are sidewalks

  • 58 % Say there's wildlife

  • 56 % Say neighbors are friendly

  • 55 % Say they plan to stay for at least 5 years

  • 54 % Say it's dog friendly

  • 45 % Say streets are well-lit

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Jenny R.
    "I have lived here for 16 years. It’s a quiet, safe area to call home. More in the country and that is why there is it much trick-or-treating in my area."
  • Emily G.
    "We love the Pride festivities! The best parade in the area! Really a sight to see. Beautiful country side, as well. "
  • Jenniferdyson69
    "I haven't lived here long looking to find a place for my family near by. so far spencer is a nice place and I would love my blended family to start a life here. "
  • Dawn O.
    "I find this area to be peaceful where I can be left alone as I wish yet the community is friendly. I always see a familar face when I go somewhere. Its a small quaint town, exactly what I wanted to raise my children in. My 13 yo son is thriving in the Middle School and the Elementary has amazing programs for my 3 yo son with special needs. Although I live in the country, surrounded by trees, nature, birds,deer and racoon, I can be in town and the stores, restaurants within a 5 minute drive. My son has even ridden his bike."
  • Eldar U.
    "Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
  • Milton M.
    "We are retired and have been here eight years. Summers are wonderful,fall is beautiful,winters are mild. The terrain is very hilly with good roads. This part of owen county is just like brown county which is fameous for it's beauty."

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently asked questions about 240 E Wayne St

  • What is 240 E Wayne St estimated to be worth?
    Trulia's estimated value for 240 E Wayne St in Spencer, IN is $116,000.
  • What is the price history for 240 E Wayne St?
    240 E Wayne St in Spencer, IN last sold for $94,500 in October 2023.
  • Is Spencer a buyer's or seller's market?
    Spencer is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Spencer?
    Residents describe Spencer, IN as easy to park in, well-kept, and quiet. Most residents say you need a car. See recently sold homes in Spencer, IN.
  • Does 240 E Wayne St have air conditioning?
    Yes, 240 E Wayne St in Spencer, IN has air conditioning.
  • Does 240 E Wayne St have laundry facilities?
    Yes, 240 E Wayne St in Spencer, IN has laundry facilities.

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