523 E  Market St, Spencer, IN 47460
Property image
Property image
FOR SALE
FOR SALE BY OWNER

$232,000

  • 3 Beds
  • 1.5 Baths
  • 1,160 sqft

523 E Market St, Spencer, IN 47460

Est. Mortgage $1,466/mo*
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Home Highlights

Single-Family Home
Built in 1963
$200/sqft
Garage

Local Information

  • Map ViewExplore the area around 523 E Market St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

What's unique:Updated kitchenNew flooringNew interior paintNew roof
Nice bungalow style home located in town. The home features a new roof, new interior paint, new flooring, and updated kitchen. Conveniently located within walking distance of town square.

Home Details for 523 E Market St

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet, Laminate
Interior Details
AtticNumber of Rooms: 7Ceiling Fan
Appliances & Utilities
DishwasherRefrigerator

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Shingle, VinylFoundation Type: Crawl RaisedLawnPorch
Parking & Garage
GarageParking Space: 1Parking: Garage Attached

Days on Market

Days on Market: 7 days on Trulia

Property Information

Year Built
Year Built: 1963
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Price & Status

Price
Price Per Sqft: $200

Lot Information

Lot Area: 7840 sqft

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."

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

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
0.06
Single-Family Home
$148,500
12/01/25
2
1
864
0.09
Single-Family Home
$185,000
12/22/25
2
1
952
0.29
Single-Family Home
$169,000
12/26/25
3
1
1,236
0.20
Single-Family Home
$250,000
12/11/25
3
1
2,404
0.28
Single-Family Home
$190,000
01/23/26
2
1
1,160
0.21
Single-Family Home
$260,000
04/02/26
3
1
1,300
0.17
Single-Family Home
$151,250
04/15/26
3
1
3,862
0.24
Single-Family Home
$185,000
08/07/26
2
1
965
0.43
Single-Family Home
$210,000
10/27/25
3
3
1,209
0.23
Single-Family Home
$299,999
08/03/26
6
2
2,592

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
0.06
$222,200
3
1
1,320
Off Market
0.07
$210,000
3
2
1,508
For Sale
0.06
$148,500
2
1
864
Recently Sold
0.09
$185,000
2
1
952
Recently Sold
0.08
$202,800
2
2
1,296
Off Market
0.10
$225,000
2
2
1,296
Recently Sold
0.11
$196,600
2
2
1,296
Off Market
0.14
$210,000
2
2
1,296
Recently Sold
0.18
$197,700
2
2
1,296
Off Market
0.18
$193,900
2
2
1,296
Off Market
0.18
$189,000
2
2
1,296
For Sale
0.19
$192,500
2
2
1,156
Off Market

Price and Tax history

DateEventPrice
Sep 17, 2026
Source: N/A
Listed For Sale
$232,000

LGBTQ Local Legal Protections

This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

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Frequently asked questions about 523 E Market St

  • What is the estimated monthly payment for 523 E Market St?
    Based on a $232,000 list price with 20% down at today's rates, the estimated monthly payment for 523 E Market St in Spencer, IN is approximately $1,502 (about $1,297 principal & interest, $130 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 523 E Market St?
    The closest schools to 523 E Market St in Spencer, IN are Owen Valley Community High School (rated 8/10), Owen Valley Middle School (rated 6/10), Spencer Elementary School (Pre-K, rated 5/10).
  • Does 523 E Market St have air conditioning?
    Yes, 523 E Market St in Spencer, IN has air conditioning.
  • How big is the lot at 523 E Market St?
    The lot at 523 E Market St in Spencer, IN is about 0.18 acres (7,840 sq ft).
  • Does 523 E Market St have a garage?
    Yes, 523 E Market St in Spencer, IN has a garage.
523 E Market St, Spencer, IN 47460 is a 3 bedroom, 2 bathroom, 1,160 sqft single-family home built in 1963. This property is currently available for sale and was listed on Sep 17, 2026.