Owen County property record for 404 E Morgan St, Spencer, IN 47460
| Property Type | Restaurant |
|---|---|
| Details | 2,088 sqft · built 1977 |
| Lot Size | 0.478 acres (20,822 sqft) |
| Owner | Company Name on Record |
| Last Sale | $750,000 (Sep 2024) |
| Tax Bill | $4,221 (2025) |
| Deeds & Mortgages | Jan 2022 Line of Credit Dec 2018 Mortgage |
| Flood Zone | Zone X (minimal risk) |
| APN | 60-10-21-300-400.248-028 |
| Primary APN | 60-10-21-300-400.248-028 |
|---|---|
| Alternative APN |
|
| Plumbing Fixtures | 5 Plumbing Fixtures |
|---|---|
| Building Area | 2,088 sqft Building Perimeter |
| Year Built | Built 1977 |
|---|---|
| Effective Year Built | Effective 1977 |
| Lot Area | 20,822 sqft (0.478 acres) |
| Lot Dimensions | 136 ft deep x 153 ft wide |
| Shed | 1 Shed |
| Shed Area | 80 sqft |
| Canopy | 114 sqft |
| Heating Fuel | Gas |
|---|---|
| Sewer | Connected |
| Account Number | 00001034765 |
|---|---|
| Street Address | 404 E MORGAN ST |
| City | SPENCER |
| State | IN |
| Zip | 47460-1542 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Restaurant |
| Legal Description | WARKS LOT 19 WARKS LOT 20. WARKS LOT 21 |
| Legal Subdivision | WARKS ADDITION |
| Legal Lot Number | 19,20 |
| Jurisdiction | OWEN IN |
| Township / Civil Division | WASHINGTON |
| Census Block Group | 4 |
| Census Block | 4025 |
| Census Tract | 955800 |
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 | 8405 E 700 N, LAFAYETTE, IN 47905-8215 |
| Owner Type | Company |
| Vesting | Limited Liability Partnership |
| Date | Document |
|---|---|
| Jan 26, 2022 | Deed of Trust, Mortgage · Line of Credit FIRST FINANCIAL BANK NA |
| Dec 14, 2018 | Deed of Trust, Mortgage · Commercial Mortgage MUTUAL BANK FSB |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Sep 25, 2024 · Amount on Record |
| Deed Sale | Sep 25, 2024 · Amount on Record |
| Prior Sale | Dec 14, 2006 · Amount on Record |
| Deed Document Number | 2024237893 |
| Record Updated | Sep 20, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | OWEN IN |
| Property Address | 404 E MORGAN ST, SPENCER, IN 47460-1542 |
| Transaction Type | Mortgage |
| Record Updated | Feb 8, 2022 |
| Name | Verified Name |
|---|
| Document Number | 0000227986 |
|---|---|
| Date | Jan 26, 2022 |
| Instrument | 227986 |
| Name | FIRST FINANCIAL BANK NA |
|---|---|
| Type | Bank |
| Address | TERRE HAUTE, IN 47808 |
| Type | Line of Credit |
|---|---|
| Amount | Amount Recorded |
| Term | 120 Months |
| Due | Jan 25, 2032 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | OWEN IN |
| Property Address | 404 E MORGAN ST, SPENCER, IN 47460-1542 |
| Transaction Type | Mortgage |
| Record Updated | Mar 29, 2019 |
| Name | Verified Name |
|---|
| Document Number | 214914 |
|---|---|
| Date | Dec 14, 2018 |
| Instrument | 214914 |
| Name | MUTUAL BANK FSB |
|---|---|
| Type | Bank |
| Address | MUNCIE, IN 47308 |
| Type | Commercial Mortgage |
|---|---|
| Amount | Amount Recorded |
| Term | 264 Months |
| Due | Dec 6, 2040 |
| Rate Type | Adjustable Rate |
|---|
Source: Owen County assessment roll, as of June 23, 2026
| Type | Name |
|---|---|
| State | Indiana |
| County | Owen County |
| County Subdivision | Washington Township |
| Municipality | Spencer Town |
| Unified School District | Spencer-Owen Community Schools (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $4,221.00 (+52.88%) | $210,100 (+50.72%) Land $58,500 Building $151,600 | $210,100 (+50.72%) Land $58,500 Building $151,600 |
| 2024 | $2,761.00 (-15.36%) | ||
| 2023 | $3,262.00 (-10.87%) | $139,400 Land $73,400 Building $66,000 | $139,400 Land $73,400 Building $66,000 |
| 2022 | $3,660.00 |
Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.
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 |
| Flood Insurance Cost | Premium on Record median of 14 policies |
| Nearby Flood Policies | 14 in force |
| Nearby Flood Claims | 49 (1993–2025) |
| Claims Outside the SFHA | 3 of 49 |
| Most Recent Claim | Apr 2025 · Severe Storms, Straight-line Winds, Tornadoes, And Flooding |
| Claims by Event |
|
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.
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 |
| Adjoins Burnable Land | Yes |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 121 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Xfinity Cable | 1,200 / 35 |
| Starlink Satellite | 280 / 30 |
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