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    Spencer, IN
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    Spencer, IN Land for Sale

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    28 properties
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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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    Industrial Land Near Retail Anchors
    Updated: Aug 4
    Industrial Land Near Retail Anchors

    1.54 ac 5th Avenue, Spencer, IN 47460

    $57,500
    1.54 AC lot
    1.54‑acre industrial land parcel
    Public Sewer available
    Located on 5th Avenue in Spencer, IN 47460
    Adjacent to Wendy's and O'Reilly Auto Parts
    Situated at the west end of Spencer
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    Land Parcel in Spencer, Indiana
    Land Parcel in Spencer, Indiana

    Concord Road, Spencer, IN 47460

    $90,000
    1.04 AC lot

    1.042 acre parcel with utilities in Spencer, Indiana.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Corner-Lot Commercial Land with Utilities
    Corner-Lot Commercial Land with Utilities

    470 W Morgan St, Spencer, IN 47460

    $225,000

    Fully improved corner parcel with water, sewer, and electrical service on site.

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    9+ Acres Residential Land
    9+ Acres Residential Land

    Coon Path Road, Spencer, IN 47460

    $90,900
    9.09 AC lot

    9+ acres of wooded land with creek in Spencer, IN.

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    LOTS AND LAND, Spencer, IN
    LOTS AND LAND, Spencer, IN

    Rocky Hill Road, Spencer, IN 47460

    $195,000
    15.08 AC lot

    Land · 15.08 Acres

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    Residential Land in Spencer, Indiana
    Residential Land in Spencer, Indiana

    732 W Thornridge Way, Spencer, IN 47460

    $35,000
    0.42 AC lot

    Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.

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    Agricultural Land with Two Ponds
    Agricultural Land with Two Ponds

    01 Braysville Rd, Spencer, IN 47460

    $615,000

    Agricultural acreage with wooded areas, two ponds, and established recreational hunting use.

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    Wooded Land with Highway Access
    Wooded Land with Highway Access

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC lot

    Open and wooded acreage supports residential, recreational, or small commercial development concepts.

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    Wooded Recreation Land with Utilities
    Wooded Recreation Land with Utilities

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot

    Heavily wooded 7.51-acre property with county road frontage and on-site well and electric service.

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    Commercial Land with Road Frontage
    Commercial Land with Road Frontage

    886 West Franklin Street, Spencer, IN 47460

    $800,000
    157,077 sqft

    Commercial land with direct roadway exposure and signalized access near an established pharmacy.

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    Wooded Residential Development Land
    Wooded Residential Development Land

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot

    Heavily wooded 7.51-acre parcel with county road frontage and existing well and electric service.

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    LOTS AND LAND, Spencer, IN
    LOTS AND LAND, Spencer, IN

    1921 Country Club Road, Spencer, IN 47460

    $95,000
    3.09 AC lot

    Land · 3.09 Acres

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    Level Residential Build Lot
    Level Residential Build Lot

    127 Walnut St, Spencer, IN 47460

    $54,900
    0.37 AC lot

    Level residential lot offered for build-to-suit with utilities and fiber internet available.

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    Residential Land in Amazon Shores
    Residential Land in Amazon Shores

    Estes Road, Spencer, IN 47460

    Contact for pricing
    1.17 AC lot

    Wooded building site with utilities and lake access.

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    Commercial Land with BLM1 Zoning
    Commercial Land with BLM1 Zoning

    1.54 Acres Street, Spencer, IN 47460

    $57,500
    1.54 AC lot

    BLM1-zoned parcel adjacent to Wendy's and O'Reilly Auto Parts in Spencer.

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    Improved Wooded Home Site
    Improved Wooded Home Site

    Lot B-21 W Morgan St, Spencer, IN 47460

    $39,900

    An improved, heavily wooded 4.44-acre lot with city water, electricity, and natural gas available on site.

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    Residential Land in Spencer, Indiana
    Residential Land in Spencer, Indiana

    Lakeside Drive, Spencer, IN 47460

    Contact for pricing
    1.35 AC lot

    Wooded 1.35-acre building lot with lake access and utilities.

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    Land
    Land

    00 Estes Road, Spencer, IN 47460

    Contact for pricing

    Residential land & home lots

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    Development Land with Highway Frontage
    Development Land with Highway Frontage

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC lot

    Nearly 15 acres with 1,200 feet of State Highway 46 frontage, mixed open and wooded areas, and utility access via two wells and septic systems.

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    Land
    Land

    00 Lakeside Drive, Spencer, IN 47460

    Contact for pricing

    Residential land & home lots

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    LOTS AND LAND, Spencer, IN
    LOTS AND LAND, Spencer, IN

    Park Hill Drive, Spencer, IN 47460

    $35,000
    2.43 AC lot

    Land · 2.43 Acres

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    Land
    Land

    1921 Country Club Road, Spencer, IN 47460

    $95,000

    Residential land & home lots

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    Land, Spencer, IN
    Land, Spencer, IN

    Park Hill Drive, Spencer, IN 47460

    $35,000
    2.43 AC lot

    Land · 2.43 Acres

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    Spencer, IN Land Market Trends and Statistics

    Explore 72 land for sale in Spencer, IN, showcased through 28 active listings on our real estate platform. These investment opportunities span a total of 6,849,287 square feet of properties for sale, with an estimated market value of $3,895,200.

    Sale prices for lots in Spencer, IN start at $35,000, averaging $185,485, and reaching up to $800,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 14
    Commercial land 6
    Recreation land 5
    Agricultural land / Farmland 3
    Hunting land 2

    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 $149.8K

    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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