640 E Franklin St, Spencer, IN 47460 Property Records

Owen County property record for 640 E Franklin St, Spencer, IN 47460

Property Summary

Property Type	Manufacturing (Light)
Details	47,020 sqft · built 1952
Lot Size	5.36 acres (233,482 sqft)
Owner	2 Company Names on Record
Last Sale	$250,000 (Oct 2024)
Tax Bill	$5,861 (2025)
Flood Zone	Zone X (moderate risk)
APN	`60-10-21-300-330.000-028`

Property Details

APN / Parcel Number

Primary APN	`60-10-21-300-330.000-028`
Alternative APN	`00001034543`

Interior

Plumbing Fixtures	19 Plumbing Fixtures
Stories	2 Stories
Building Area	47,020 sqft Total Area
1st Floor Area	49,582 sqft

Exterior

Year Built	Built 1952
Effective Year Built	Effective 1985
Fire Resistance	Masonry Walls, Wood Interior
Lot Area	233,482 sqft (5.36 acres)

Utilities, Heating & Cooling

Heating Fuel	Gas
Sewer	Connected

Location & Zoning

Account Number	00001034543
Street Address	640 E FRANKLIN ST
City	SPENCER
State	IN
Zip	47460-1828
Property Category	Industrial
Property Type	Industrial > Manufacturing (Light)
Legal Description	IN S 1/2 SW S21 T10 R3 4.89A IN SW S21 T10 R3 .47A AKA TRACT 3
Legal Range	3
Legal Township	10
Legal Section	21
Legal Tract	3
Jurisdiction	OWEN IN
Township / Civil Division	WASHINGTON
Census Block Group	1
Census Block	1046
Census Tract	955800

Owner

Source: Owen County records, as of October 20, 2026

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

Owner of Record	2 Company Names on Record
Mailing Address	PO BOX 350, SPENCER, IN 47460-0350
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 31, 2024 · Amount on Record
Deed Sale	Oct 31, 2024 · Amount on Record
Prior Sale	Jan 6, 2016 · Amount on Record
Deed Document Number	2024238267
Prior Transfer Date	Jul 6, 2015
Prior Transfer Doc	0000203941
Record Updated	Oct 29, 2026

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	$5,861.00 (-2.79%)	$662,500 (+109.06%) Land $364,500 Building $298,000	$662,500 (+109.06%) Land $364,500 Building $298,000
2024	$6,029.00 (-18.71%)
2023	$7,417.00 (-16.5%)	$316,900 Land $49,000 Building $267,900	$316,900 Land $49,000 Building $267,900
2022	$8,883.00

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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 moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AE, within 100 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	4 in force
Nearby Flood Claims	15 (2003–2025)
Claims Outside the SFHA	4 of 15
Most Recent Claim	Jun 2025 · rainfall accumulation
Claims by Event	Severe Storms, Straight-line Winds, Tornadoes, And Flooding, Apr 2025 · 2 claims Severe Storms, Flooding, And Tornadoes, Jun 2008 · 7 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
Adjoins Burnable Land	Yes

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 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