Skip to content

427 S Washington Street

Spencer, IN 47460

PendingListed Aug 24, 2026 · 34 days on market

Key facts

Beds
2
Baths
1 full
Living area
1,040 sqft
Lot
0.2 acres
Year built
1945
Type
Residential · Single Family Residence
Stories
One
MLS #
22122019
County
Owen
Subdivision
No Subdivision

About this home

Charming 2-bedroom, 1-bath home offering a comfortable layout with an eat-in kitchen, living room, and convenient laundry/mud room with utility area. Enjoy the 6x13 covered front porch or the spacious 12x29 covered back patio, complete with a small storage room-perfect for outdoor entertaining and relaxing. The large fenced-in backyard provides plenty of room for pets, gardening, or outdoor activities. A great opportunity for a first-time buyer, downsizer, or investor!

Description provided by the listing brokerage.

Interior

Appliances
DryerDisposalGas Water HeaterMicrowaveElectric OvenRange HoodRefrigeratorWasher
Interior features
Hi-Speed Internet AvailblEat-in Kitchen
Other rooms and areas
Laundry in UnitUtility Room
Flooring
Hardwood
Laundry
Main Level
Windows
Vinyl Windows
Accessibility
Accessible EntranceAccessible Full Bath
Security
Smoke Detector(s)
Rooms
5
Main-level bedrooms
2

Exterior

Patio and porch
Covered
Construction
Vinyl Siding
Foundation
Block
Style
Ranch
Parking and garage
Alley Access
Fencing
Chain LinkFull

Systems

Heating
Forced AirNatural Gas
Cooling
Central Air
Water
Public
Utilities
Cable AvailableElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Lot features
Sidewalks

Schools

Elementary school
Spencer Elementary School
Middle school
Owen Valley Middle School
High school
Owen Valley Community High School
School district
Spencer-Owen Community Schools

Taxes

Estimated annual tax
$1,050 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$993per month, estimated
Principal and interest $846Property tax $88Insurance $59
20% · $33,580
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$167,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.