Sold — 7114 Locust Lake W Drive, Spencer, IN 47460
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ABOUT THIS HOME
Motivated Sellers !!! Looking for a home on the lake? Take a look at this beauty!! 2 Bedroom, 2 Bath brick home with a full basement is situated on 2.93 acres right on Locust Lake. Home has a fenced in yard in the front for allowing pets and/or kids to be outside and not be around the lake. The home has an outside generator included. Also, in addition to the attached 2 car garage, there is a 12x16 shed, a 10x10 shed, and an 8x12 shed for additional storage needs. The screened in porch and deck overlooking the lake allows for taking advantage of relaxing or entertaining. Stairs from the back lead down to the dock and the lake. The inside of the home offers spacious living, including a full basement and a fireplace on each level. So many possibilities with this home!! Convenient location, non ski lake, easy access to main highway, and so much more.
$269,000
$349,900
Motivated Sellers !!! Looking for a home on the lake? Take a look at this beauty!! 2 Bedroom, 2 Bath brick home with a full basement is situated on 2.93 acres right on Locust Lake. Home has a fenced in yard in the front for allowing pets and/or kids to be outside and not be around the lake. The home...
2,928
Sq Ft
1965
Year Built
2
Bedrooms
2
Bathrooms
Key things to know
- Sold 27% below list in 301 days
- 2 fireplaces
- Finished basement (1,344 sqft)
- 2.93-acre lot
- Locust Lake subdivision
Sold
$255,000
-$94,900 below list (-27.1%)
- Closed
- Apr 8, 2026
- Listed at
- $349,900
- Sold
- 1 month ago
- Sold in
- 301 days
Price history
- Sold$255,000
Apr 8, 2026
- Price reduced$299,900 → $269,000
Oct 23, 2025
- Listedat $349,900
May 16, 2025
Locust Lake · activity
past 6 months
- Sold
- 2
- Median price
- $319,900
- Median DOM
- 301 days
Recent comparable sales
$319,900
7455 Locust Lake East Drive
2bd · 2ba · 2,492 sqft
Sold May 2026
$151,250
279 E Franklin Street
3bd · 1ba · 2,814 sqft
Sold Apr 2026
$393,000
102 Pin Oak Road
3bd · 3ba · 2,133 sqft
Sold Mar 2026
$387,000
714 White Oak Road
3bd · 3ba · 2,252 sqft
Sold Feb 2026
$560,000
2761 W Porter Ridge Road
3bd · 2ba · 2,900 sqft
Sold Jan 2026
Comparative value
5 comps in this range
This home is 34% below median for similar nearby sales.
FEATURES & AMENITIES
Interior
Climate
THE FACTS
Pricing trajectory, room-by-room layout, schools, and what's nearby.
Price history
$349,900Listed· May 16, 2025
$269,000Reduced
↓ $80,900 (23.1% off original)
301 days on market
Layout
Schools
Spencer-Owen Community Schools
Elementary
Spencer Elementary School
Middle
Owen Valley Middle School
High
Owen Valley Community High School
Neighborhood
- Downtown Indianapolis42.0 mi
- Zionsville Community HS48.3 mi
- Carmel Central Park51.4 mi
- Monon Trail (Carmel)52.5 mi
- Carmel High School53.0 mi
- Carmel Arts & Design District53.5 mi
PROPERTY DETAILS
Living Area
2,928 sq ft
Year Built
1965
Stories
One
Subdivision
Locust Lake
Bedrooms
2
Bathrooms
2 full
Garage
2 spaces
School District
Spencer-Owen Community Schools