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    Spencer, IN
    Agricultural

    Spencer, IN Agricultural Land / Farmland for Sale

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    Agricultural Land with Ponds
    Updated: Jul 14
    Agricultural Land with Ponds

    01 Braysville Road, Spencer, IN 47460

    $615,000
    70.18 AC lot
    70.18 acres of agricultural and recreational land
    Two ponds located on the property
    Wooded acreage with recently appraised timber
    Located on Braysville Road in Clay Township
    Minutes from historic downtown Spencer
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    Agricultural Land with Two Ponds
    Updated: Jul 14
    Agricultural Land with Two Ponds

    01 Braysville Rd, Spencer, IN 47460

    $615,000
    Over 70 acres of agricultural and recreational land
    Two ponds located on the property
    Wooded acreage recently appraised for timber
    Frontage on Braysville Road in Clay Township
    Recreational hunting use identified for the tract
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    Tillable Agricultural Land
    Tillable Agricultural Land

    5554 Patricksburg Rd, Spencer, IN 47460

    Contact for pricing

    Rural farmland offers open acreage for crop, livestock, or pasture use with electric and water available at the road.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Agricultural Land with Pole Barn
    Agricultural Land with Pole Barn

    9010 North Texas Ridge Road, Gosport, IN 47433

    $991,900
    5,673,690 sqft

    Versatile rural acreage with tillable fields, wooded areas, established utilities, a stocked pond, and a newer pole barn.

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    Agricultural Land with Pole Barn
    Agricultural Land with Pole Barn

    9010 N Texas Ridge Road, Gosport, IN 47433

    $991,900
    130.25 AC lot

    Tillable fields, wooded cover, water features, and established utility service support farming, recreation, and livestock uses.

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    Scenic Land in Bloomfield, Indiana
    Scenic Land in Bloomfield, Indiana

    9507 N Neill Road, Bloomfield, IN 47424

    $650,000
    100.46 AC lot

    100.46 acres of scenic land with open hayfields and woods.

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    Agricultural Land with Hayfields
    Agricultural Land with Hayfields

    9507 N Neill Road, Bloomfield, IN 47424

    $650,000

    Open hayfields and wooded areas are connected by established trails.

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    Spencer, IN Agricultural Land / Farmland Market Trends and Statistics

    Explore 3 agricultural land / farmland for sale in Spencer, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 3,057,041 square feet of properties for sale, with an estimated market value of $1,230,000.

    Sale prices for farmlands in Spencer, IN average $615,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 11K
    Population Growth (5Y) +4.4%
    Median Household Income $67,688
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47460 $615K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $34.39 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Owen County

    New Delisted

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