3
Online Auction
Knox County,
IN
Single Tract
Online Only Auction
- Status
- County, State
- Acres
- Listing Number
- Available
- 1451 Red Cedar Ln, Spencer, IN 47460
- 0.45 ± Acres
- L-2700011
The online auction will begin on Wednesday, November 4, 2026, at 9:00 AM, and bidding will close on Tuesday, November 10, 2026, at 4:00 PM. There will be live showings of the property on October 18th and October 25 from 1-4 PM at 1451 Red Cedar Ln, Spencer, IN 47460.
Updated Rural Duplex with Excellent Cash Flow & Long-Term Tenants
Rare find in a desirable location! Enjoy the best of both worlds with this turnkey multi-family duplex situated in a peaceful rural setting while remaining just a short drive from town amenities.
Property Highlights:
• Dual Units: 2 bedrooms and 1 bathroom per side with functional, bright floor plans.
• Recent Upgrades: Modernized interiors featuring updated flooring, fixtures, and cosmetic improvements throughout.
• Established Income: Fully occupied by reliable, long-term tenants who treat the property like their own.
• Prime Location: Peaceful rural backdrop with quick and convenient access to local dining, schools, and major routes.
• Turnkey Investment: Strong rental history with stable monthly returns and low ongoing maintenance requirements.
Property Directions
From Spencer, travel south on Main Street, crossing the river bridge as it becomes Pottersville Road. Continue for 4.25 miles, then turn east onto Red Cedar Lane. The property is the first driveway on the left.
Listing Information
All information is assumed to be accurate and substantially correct but no assumptions of liability are intended. Neither the seller nor the agent or representatives warrant the completeness or accuracy of the information. Seller does not guarantee timber volumes, values, acreages (total, woodland/cropland, stand or otherwise), tree ages or the condition and/or function of any improvements, including but not limited to all buildings, machinery, appliances, wells, equipment, livestock and ponds. No representations or warranties are expressed or implied as to the property, its condition, boundaries or logging feasibility. Prospective buyers should satisfy themselves as to the accuracy of this information.
