501 W Jefferson St
Spencer, IN 47460
- 2 Beds
- 1 Bath
- 1,135 sqft
$185,900
$185,900
2 Beds
1 Bath
1,135 sqft
Home Highlights
Parking
Garage
Climate Control
Heating & Cooling
Price/Sqft
$164
Listed
Less than a day ago
Local Information
-- mins to
About this House
So much potential in this 2-bedroom, 1-bath home offering approximately 1,135 square feet of living space on one level and on a convenient corner lot in town. In addition to the two bedrooms, a versatile office/bonus room provides flexible space for work, hobbies, or other needs. Numerous recent improvements add value and peace of mind, including a new roof with gutter guards, new garage with automatic opener, new water heater, updated PEX plumbing, and new sewer lines from the home to the city connection in the alley. The kitchen features a new range and hood microwave, while the furnace has been professionally maintained and updated with a new control board. The hot tub has also been serviced with a new control board. Outside, you'll appreciate the recently added concrete driveway complete with apron and drainage. Situated on a corner lot, this property offers the convenience of in-town living with easy access to local shopping, dining, schools, parks, and everyday amenities. If you're looking for a home with major mechanical updates already completed and a functional floor plan, this property is ready for you to make it your own.
Home Details for 501 W Jefferson St
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MLS Status: Active |
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Interior Details Number of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Dining Room, Kitchen, Laundry, Living Room, Office, Sun Room |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 1135 Square Feet |
Appliances & Utilities Appliances: Dryer, Electric Water Heater, MicroHood, Electric Oven, WasherDryerWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: OneFloors: Hardwood |
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Exterior Home Features Foundation: Block, Crawl Space, Partial |
Parking & Garage Number of Garage Spaces: 1Number of Covered Spaces: 1Has a CarportHas a GarageNo Attached GarageParking Spaces: 1Parking: Carport,Detached |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 1Days on Market: <1 day on Trulia |
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Year Built Year Built: 1900 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Other |
Building Construction Materials: Vinyl SidingNot a New ConstructionNot Attached Property |
Property Information Parcel Number: 601020400400272028 |
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Price List Price: $185,900Price Per Sqft: $164 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SpencerCommunity: No Subdivision |
School Information Elementary School: Spencer Elementary SchoolJr High / Middle School: Owen Valley Middle SchoolHigh School: Owen Valley Community High SchoolHigh School District: Spencer-Owen Community Schools |
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Listing Agent Listing ID: 22118886 |
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Building Area Building Area: 1135 Square Feet |
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No HOA |
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Lot Area: 3920.4 sqft |
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BasementMls Number: 22118886 |
Last check for updates: about 4 hours ago
Listing Provided by: Trent Keith
Keith Realty & Auction Group
Source: MIBOR as distributed by MLS GRID, MLS#22118886

Market trends in Spencer
Last updated June 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
50
1MoM
Price History for 501 W Jefferson St
| Date | Price | Event | Source |
|---|---|---|---|
| 08/08/2026 | $185,900 | Listed For Sale | IRMLS #202632294 |
| 07/31/2026 | $185,900 | ListingRemoved | MIBOR as distributed by MLS GRID #22091242 |
| 07/29/2026 | $185,900 | PriceChange | IRMLS #202609861 |
| 06/19/2026 | $189,900 | PriceChange | IRMLS #202609861 |
| 03/25/2026 | $195,000 | Listed For Sale | IRMLS #202609861 |
| 11/07/2019 | $117,400 | Sold | N/A |
| 09/09/2019 | $117,400 | PriceChange | Agent Provided |
| 08/04/2019 | $119,900 | Listed For Sale | Agent Provided |
| 07/26/2018 | $75,000 | Sold | N/A |
| 05/03/2018 | $75,000 | Listed For Sale | Agent Provided |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $969 |
| Assessment | $126,900 |
Home facts updated by county records
Comparable Sales for 501 W Jefferson St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.28 | Single-Family Home | $203,000 | 10/07/25 | 2 | 1 | 1,162 | |
0.09 | Single-Family Home | $171,000 | 07/09/26 | 2 | 1 | 2,588 | |
0.43 | Single-Family Home | $185,000 | 08/07/26 | 2 | 1 | 965 | |
0.36 | Single-Family Home | $193,000 | 12/05/25 | 2 | 1 | 2,272 | |
0.58 | Single-Family Home | $123,000 | 06/29/26 | 2 | 1 | 1,776 | |
0.31 | Single-Family Home | $139,000 | 04/17/26 | 3 | 1 | 888 | |
0.57 | Single-Family Home | $190,000 | 01/23/26 | 2 | 1 | 1,160 | |
0.58 | Single-Family Home | $148,500 | 12/01/25 | 2 | 1 | 864 | |
0.48 | Single-Family Home | $169,000 | 12/26/25 | 3 | 1 | 1,236 | |
0.42 | Single-Family Home | $180,000 | 12/18/25 | 2 | 2 | 2,346 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 501 W Jefferson St.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 501 W Jefferson St
- What is the estimated monthly payment for 501 W Jefferson St?Based on a $185,900 list price with 20% down at today's rates, the estimated monthly payment for 501 W Jefferson St in Spencer, IN is approximately $1,153 (about $974 principal & interest, $104 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- 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 homes for sale in Spencer, IN.
- What are the closest schools to 501 W Jefferson St?The closest schools to 501 W Jefferson St in Spencer, IN are Owen Valley Community High School (rated 4/10), Owen Valley Middle School (rated 7/10), Spencer Elementary School (Pre-K, rated 4/10).
- What is 501 W Jefferson St estimated to be worth?Trulia's estimated value for 501 W Jefferson St in Spencer, IN is $181,700.
- Does 501 W Jefferson St have air conditioning?Yes, 501 W Jefferson St in Spencer, IN has air conditioning.
- Does 501 W Jefferson St have laundry facilities?Yes, 501 W Jefferson St in Spencer, IN has in-unit laundry.
Trent Keith, Keith Realty & Auction Group

Based on information submitted to the MLS GRID as of 2026-08-07 23:08:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
501 W Jefferson St, Spencer, IN 47460 is a 2 bedroom, 1 bathroom, 1,135 sqft single-family home built in 1900. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 8, 2026. The MLS # for this home is MLS# 22118886.

