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Sheldon Barnes can help you tour 56 S Cataract Road

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 56 S Cataract Road, ask any question about this home, or talk through what you should know about buying in Spencer.

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ABOUT THIS HOME

20+ acres of pure greatness nestled at 56 S Cataract RD, SPENCER, IN, this single-family residence in Owen county offers an attractive property in great condition. The living room provides a warm and inviting atmosphere, complete with a fireplace for cozy evenings and built-in shelves to showcase your personal treasures. The kitchen is a culinary dream, featuring stone countertops and a kitchen bar, perfect for casual dining and entertaining, as well as a kitchen peninsula for preparing meals. Retreat to the bathroom and indulge in the walk-in shower. The property boasts a porch, providing a delightful spot to sip your morning coffee, as well as a deck and pergola, creating an ideal setting for outdoor relaxation. The ensuite bathroom offers privacy and convenience. The lot area offers a water view and is situated in a rural area. This home also includes a laundry room for added convenience, and the primary bedroom features a walk-in closet. The open floor plan enhances the sense of space and freedom. With its three bedrooms and two full bathrooms, this 1458 square foot, one-story home, built in 1988, is situated on an expansive 896,465 square foot lot. This home offers an idyllic blend of comfort and countryside charm. Look to build something close; 20 acres at $10-15k each, pole barn $30K, well $10K, Septic $12K, 4 acre stocked pond $50K this is already done for you!!!

Listed by Becki Gross· Greene Realty, LLC· MLS# 22080061
Recently SoldSold in 63 days

$530,000

$550,000

3Beds
2Baths
1,458Sq Ft

20+ acres of pure greatness nestled at 56 S Cataract RD, SPENCER, IN, this single-family residence in Owen county offers an attractive property in great condition. The living room provides a warm and inviting atmosphere, complete with a fireplace for cozy evenings and built-in shelves to showcase y...

Listed by Becki Gross· Greene Realty, LLC· MLS# MBR22080061

1,458

Sq Ft

1988

Year Built

3

Bedrooms

2

Bathrooms

Key things to know

  • Sold 6.4% below list in 63 days
  • Fireplace
  • 20.58-acre lot

Sold

$515,000

-$35,000 below list (-6.4%)

Closed
Apr 16, 2026
Listed at
$550,000
Sold
3 weeks ago
Sold in
63 days

Price history

  1. Sold$515,000

    Apr 16, 2026

  2. Price reduced$550,000 → $530,000

    Feb 6, 2026

  3. Listedat $550,000

    Jan 14, 2026

Comparative value

5 comps in this range

This home is 106% above median for similar nearby sales.

$190K$325KMedian $250K
$515K

FEATURES & AMENITIES

Interior

Breakfast BarBuilt-in FeaturesEntrance FoyerPaddle FanHi-Speed Internet AvailblEat-in KitchenSupplemental StorageWalk-In Closet(s)

Climate

Heat: ElectricCool: Central Air

THE FACTS

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

Price history

  • $550,000Listed· Jan 14, 2026

  • $530,000Reduced

    $20,000 (3.6% off original)

63 days on market

Layout

Main
327 rooms1,458 sq ft

Primary suite

Bedroom Split

Primary bath

Suite

Schools

Cloverdale Community Schools

  • Elementary

    Cloverdale Elementary School

  • Middle

    Cloverdale Middle School

  • High

    Cloverdale High School

Neighborhood

  • Downtown Indianapolis40.5 mi
  • Zionsville Community HS46.7 mi
  • Carmel Central Park49.8 mi
  • Monon Trail (Carmel)51.0 mi
  • Carmel High School51.5 mi
  • Carmel Arts & Design District52.0 mi

PROPERTY DETAILS

Living Area

1,458 sq ft

Year Built

1988

Stories

One

Subdivision

No Subdivision

Bedrooms

3

Bathrooms

2 full

Garage

2 spaces

School District

Cloverdale Community Schools

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