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Courtesy of Peter Khosla, Inc, Nicholas Hindes, Cell: 614-747-1625
7 Beds
7 Baths
9,962 sqft

$650,000

721 W Spencer Avenue, Marion IN, 46952

Price per sqft$65.25
Built in1938
Property size9,962 sqft
Property typeResidential

Overview

Active

Updated 15h ago

Some homes are designed to be lived in. Others give you the space and flexibility to make them whatever you need them to be. 721 W. Spencer Avenue is one of those rare properties. This impressive brick estate sits on nearly an acre and offers an incredible amount of space, character, and possibility. With multiple living areas, plenty of bedrooms and bathrooms, fireplaces, a finished lower level, and a four-car attached garage, there is room here for any number of occupants, guests, hobbies, and just about anything else you can imagine. And then there’s the outdoor space. The private in-ground pool creates a backyard that feels more like a retreat than a typical home. A separate pool house with its own full bathroom makes summer days easy and entertaining even better. The grounds also offer something you don’t often find with a home of this size: the potential to host. Whether it’s a gathering, celebration, private event, or even a wedding, the property provides the space and setting to make it possible. Inside, the flexibility continues. A portion of the home can be separated from the main living space, creating an opportunity for a private guest suite, rental area, or additional living quarters. There is room for a dedicated home office, workout room, recreation space, and multiple bedrooms. The primary suite even features a full sauna, giving this home a level of comfort that is hard to duplicate. The house itself combines the presence of a historic Marion estate with major modern updates, including HVAC, plumbing, and electrical work completed in 2021. Multiple gathering spaces, fireplaces, and nearly 10,000 square feet of total space give this property a scale that is increasingly difficult to find. Whether you’re looking for an extraordinary home, a property with room to bless those you are close to, a place to entertain, or simply something unlike anything else in the area, 721 W. Spencer Avenue deserves a closer look. There is a lot here. And perhaps the best part is that you get to decide what it becomes.

$4,324/mo

Est. mortgage payment based on a $650,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
202638779

Interior Features

Bedrooms
7
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.81 Acres

Other Property Details

Taxes
$5,295
Tax Frequency
Annually
Garage
Yes
Pool
Yes
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Listings courtesy of Indiana Regional MLS as distributed by MLS GRID 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Masterson & Associates Inc shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 10/10/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Data last updated 5:07 AM UTC, 10/10/2026

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