Elisha Martin, 18, of Sebastian, was indicted by a grand jury this afternoon for the first-degree murder of Logan Spencer earlier this year.
The Indian River County Sheriff’s Office said Martin murdered Spencer over a sum of money that he believed was stolen from his home.
Martin and Spencer were both enrolled at the Sebastian River High School.
Martin picked up Spencer and took him out into the Fellsmere area and murdered him “execution style.” Logan Spencer’s body would be discovered days later.
Days before the homicide, Martin planned out what he was going to do to the person who he believed stole money from his residence.
Early in the investigation, Martin was questioned by detectives after he was seen on video surveillance picking up Logan Spencer on the day he went missing.
During the interview, Martin changed his story several times. Detectives executed a search warrant at Martin’s home at the 600 block of Carnival Terrace where they found 40 grams of marijuana located next to a revolver firearm.
In February, Martin was charged with 1st Degree Murder in the Logan Spencer homicide case.