40 E Morgan St, Spencer, IN 47460 Property Records

Owen County property record for 40 E Morgan St, Spencer, IN 47460

Property Summary

Property Type	Medical Building
Details	1,481 sqft · built 1977
Lot Size	0.295 acres (12,850 sqft)
Owner	Company Name on Record
Last Sale	$220,000 (Feb 2018)
Tax Bill	$976 (2025)
Deeds & Mortgages	Feb 2018 Sale
Flood Zone	Zone X (minimal risk)
APN	`60-10-20-400-400.576-028`

Property Details

APN / Parcel Number

Primary APN	`60-10-20-400-400.576-028`
Alternative APN	`00001034793`

Interior

Plumbing Fixtures	5 Plumbing Fixtures
Stories	1 Story
Building Area	1,481 sqft Total Area
1st Floor Area	1,481 sqft

Exterior

Year Built	Built 1977
Effective Year Built	Effective 1977
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	12,850 sqft (0.295 acres)
Lot Dimensions	80.3 ft deep x 160 ft wide

Utilities, Heating & Cooling

Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	00001034793
Street Address	40 E MORGAN ST
City	SPENCER
State	IN
Zip	47460-1445
Property Category	Commercial
Property Type	Commercial > Office > Medical Building
Legal Description	SPENCER PT LOT 142 SPENCER LOT 141
Legal Subdivision	SPENCER
Legal Lot Number	142,141
Jurisdiction	OWEN IN
Township / Civil Division	WASHINGTON
Census Block Group	3
Census Block	3025
Census Tract	955800

Owner

Source: Owen County records, as of June 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	2609 S WALNUT ST, BLOOMINGTON, IN 47401-7328
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 26, 2018 · Amount on Record
Deed Sale	Feb 26, 2018 · Amount on Record
Prior Sale	Feb 15, 2018 · Amount on Record
Deed Document Number	2018212010
Record Updated	Sep 20, 2026

February 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	OWEN IN
Recording Date	Feb 26, 2018
Property Address	40 E MORGAN ST, SPENCER, IN 47460-1445
Document Number	0000212010
Map Reference	PL01 PG14
Instrument Date	Feb 15, 2018
Instrument	212010
Transaction Type	Transfer
Record Updated	Jun 12, 2023

Transaction

Amount	Amount Recorded
Tax	$0.00
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2609 S WALNUT ST, BLOOMINGTON, IN 47401-7328

Tax Assessment & Valuation

Source: Owen County assessment roll, as of June 23, 2026

Property Jurisdictions

Type	Name
State	Indiana
County	Owen County
County Subdivision	Washington Township
Municipality	Spencer Town
Unified School District	Spencer-Owen Community Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$976.00 (-8.18%)	$48,600 (-47.69%) Land $43,700 Building $4,900	$48,600 (-47.69%) Land $43,700 Building $4,900
2024	$1,063.00 (-51.1%)
2023	$2,174.00 (-9.64%)	$92,900 Land $59,600 Building $33,300	$92,900 Land $59,600 Building $33,300
2022	$2,406.00

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective August 9, 2019 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	3 in force
Nearby Flood Claims	16 (1993–2025)
Claims Outside the SFHA	2 of 16
Most Recent Claim	Apr 2025 · Severe Storms, Straight-line Winds, Tornadoes, And Flooding
Claims by Event	Severe Storms, Flooding, And Tornadoes, Jun 2008 · 9 claims Severe Winter Storms And Flooding, Jan 2005 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 80% of the US · above 73% of Indiana
Wildfire Likelihood	0.01% annual chance
Exposure	Indirect within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	BBP WATER COMPANY serves 9,903 people · EPA ID IN5260001
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	2 ppb (2021–2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 350 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	1,200 / 35

May also be available: South Central Indiana REMC, T-Mobile.

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