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Apartment in Spencer, Indiana

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3037 Rocky Hill Rd

Spencer, IN 47460

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$300,000 $1,252*
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Contact this seller Apartment 11 4.5 7000 Owen DAM0989



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Highlights and Description

  • 11 bedrooms
  • 4 full bathrooms
  • 1 half bathroom
  • 2 stories
  • Property is on 25 acres
  • Views of lakefront
  • Radiant heating system
  • Septic system sewer
  • Has 5 fireplaces
  • 6-car Carport (detached)
  • Has a basement
  • Has an attic
  • Part of the Spencer Owen Schools school district
This is a great investment, or with some a great 1 family home.  This house was built as four separate apartments.  There are three 3 bedroom apartments and one 2 bedroom apartment.  There is a large common room, very nice library with lots of built-ins, and full dry basement.  Each apartment is different, most have hardwood floors, one has vaulted ceilings, and all have views of the 6 1/2 acre lake, woods, and many types of wildlife.  Home comes with 25 wooded acres with an option to buy an additional 55 wooded acres, all 80 acres are full of Turkey, Deer, and various birds of prey.  Home also has three very large decks, a large barn with a tractor with grader blade and bush hog, and a storage shed.  The roof on the home is only 1 year old.  Home is only 4 miles from town of Spencer Indiana.  Currently all apartments are rented on a month to month lease, buyer will be able to take ownership 30 days after closing or sooner if you want to keep current tenants.  Please call to schedule viewing or for more information.
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 * Est. payment based on 20% down and a 30-year fixed rate mortgage of 4.75%

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