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1307 Clark Rd, Spencer, IN, 47460

3beds
2baths
1,620sqft
$329,900
$204price/sqft
$2,486/moest. monthly cost
$99,440/yrincome needed

About This Home

Welcome to an extraordinary, turn-key retreat where modern luxury meets wide-open possibility. Completely renovated from top to bottom, this breathtaking home sits on 8.5 picturesque acres-offering the perfect blend of style, space, and serenity. At the heart of the home, a show-stopping chef's kitchen dazzles with gleaming quartz countertops, premium soft-close cabinetry, and a sophisticated stainless steel sink. A grand picture window floods the space with natural light while framing sweeping views of your private landscape-making every moment feel elevated. Step outside to your brand-new concrete patio, an ideal setting for morning coffee, sunset gatherings, or quiet evenings under the stars. Wander further and discover your own private pond tucked peacefully at the back of the property-your personal escape just steps from your door. With 8.5 acres of open land, this property is a dream canvas for hobbyists, outdoor enthusiasts, or anyone craving room to roam and create. Opportunities like this are incredibly rare-especially at a price designed to move. This isn't just a home-it's a lifestyle. Don't miss your chance to make it yours.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

4/10
Spencer Elementary SchoolGrades PK-64.8 mi
7/10

Construction

Condition

  • Year built: 1960

Materials

  • Foundation: Block
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Walk-In Closet(s)

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,620
  • Total interior livable area: 1,620 sqft

Living Room

  • Level: Main
  • Area: 375
  • Dimensions: 25x15

Master Bedroom

  • Level: Main
  • Area: 192
  • Dimensions: 12x16

Property

Details

  • Parcel number: 600731200120000024
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8.53 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Hail
Heat Wave
Inland Flooding
Ice Storm
Landslide
Lightning
Tornado

FEMA Declared Disasters Across Indiana Counties

Flood
Severe Storm
Snowstorm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,668$20,016
Home Insurance *$277$3,324
Property Taxes $357$4,284
Electricity $184$2,212
Total$2,486$29,832
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$85,234/yr
40% on housing$74,580/yr
45% on housing$66,293/yr

Indiana FAIR Plan Programs

Indiana Basic Property Insurance Underwriting Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 810Commercial: 30
Total Premiums$1.77M
Total Exposure$1.82M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.8%
8.8%
0%30.0%
Electricity Growth Rate10-year average: 6.1%
6.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.8%
1.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$204This listing

vs Other Active Listings

Avg $/sqft

ZIP 47460$153
Owen County$130

vs Homes Sold Last Month

Median $/sqft

ZIP 47460$170
Owen County$164

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-18Price change$314,900
2026-08-10Price change$319,900
2026-07-27Price change$329,900
2026-07-19Price change$339,900
2026-06-26Listed for sale$349,900
2026-04-16Listing removed$349,900
2026-04-12Pending sale$349,900
2026-04-05Listed for sale$349,900
2025-06-23Sold$44,900

For Sale by Agent

AgentAmber Montague
BrokerageDaniels Real Estate

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