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Sheldon Barnes is a Carmel realtor and licensed real estate agent serving Spencer, Indiana and the rest of Hamilton County. Book a private tour of 4496 Blue Springs Drive in Clearwater Estates, ask any question about this home, or talk through what you should know about buying in Spencer.

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ABOUT THIS HOME

Great find for those seeking an open floor plan ranch home. This 3 bedroom 2 bath home offers tons of potential with a walkout basement space, garage and detached metal polebarn garage that is 24x36 and has concrete floors. Main level primary suite and main level laundry. Large main level deck shows off morning sunrises. Spacious 5 acre lot offers a level open space perfect for gardening. The property does allow for horses, fencing and additional outbuilding or barn if desired. Newer roof. Professionally appraised and ready for a new owner.

Listed by Amanda Richardson· F.C. Tucker/Bloomington, REALT· MLS# 22078588
Pending95 days on market

$300,000

$325,000

3Beds
2.1Baths
1,400Sq Ft

Great find for those seeking an open floor plan ranch home. This 3 bedroom 2 bath home offers tons of potential with a walkout basement space, garage and detached metal polebarn garage that is 24x36 and has concrete floors. Main level primary suite and main level laundry. Large main level deck shows...

Listed by Amanda Richardson· F.C. Tucker/Bloomington, REALT· MLS# MBR22078588

1,400

Sq Ft

1990

Year Built

3

Bedrooms

2.1

Bathrooms

Key things to know

  • Basement
  • 3-car garage
  • 5-acre lot
  • Clearwater Estates subdivision

Price history

  1. PendingAccepted offer

    Apr 9, 2026

  2. Price reduced$315,000 → $300,000

    Mar 5, 2026

  3. Listedat $325,000

    Jan 5, 2026

Comparative value

5 comps in this range

This home is 7.5% above median for similar nearby sales.

$190K$515KMedian $279K
$300K

FEATURES & AMENITIES

Interior

Bath Sinks Double MainCeiling VaultedHi-Speed Internet Availbl

Exterior

Barn Pole

Climate

Heat: Forced AirHeat: Natural GasCool: Central Air

THE FACTS

Pricing trajectory, room-by-room layout, schools, and what's nearby.

Price history

  • $325,000Listed· Jan 5, 2026

  • $300,000Reduced

    $25,000 (7.7% off original)

95 days on market

Layout

Main
327 rooms1,400 sq ft
Basement
1 rooms

Primary suite

Bedroom Split

Primary bath

Tub Full with Separate Shower

Schools

Spencer-Owen Community Schools

  • Elementary

    Spencer Elementary School

  • Middle

    Owen Valley Middle School

  • High

    Owen Valley Community High School

Neighborhood

  • Downtown Indianapolis48.0 mi
  • Zionsville Community HS56.7 mi
  • Carmel Central Park59.1 mi
  • Monon Trail (Carmel)59.9 mi
  • Carmel High School60.5 mi
  • Carmel Arts & Design District61.0 mi

PROPERTY DETAILS

Living Area

1,400 sq ft

Year Built

1990

Stories

One

Subdivision

Clearwater Estates

Bedrooms

3

Bathrooms

2 full, 1 half

Garage

3 spaces

School District

Spencer-Owen Community Schools

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