Spencer, IN Land for Sale

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Updated: Jul 14

Acreage with Ponds and Woods

Braysville Road, Spencer, IN 47460

$625,000

70.18 AC lot

Over 70‑acre agricultural and recreational land tract on Braysville Road in Clay Township
Two ponds on‑site, including a pond waterfront feature
Includes recently appraised woods on the property
Land layout described for building, long‑term homestead use, and recreational hunting
Minutes from historic downtown Spencer and within about 25 minutes of Bloomington

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Updated: Mar 3

Land Parcel in Spencer, Indiana

Concord Road, Spencer, IN 47460

$90,000

1.04 AC lot

1.042 acre parcel of land in Owen County
Access to natural gas, city water, and electricity
Located on a corner lot in a busy traffic area
Close proximity to Dollar General
Suitable for a variety of potential uses

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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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Vacant Wooded Land Tract

1100 Splinter Ridge Road, Spencer, IN 47460

$229,999

1,176,120 sqft 27.00 AC lot

27-acre vacant, largely wooded tract with power available, offering two potential homesites and room for a custom build.

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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

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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Acreage with State Highway Frontage

1650 E State Road 46, Spencer, IN 47460

$259,900

14.44 AC lot

14.44 acres with level open buildable space, wooded privacy, and multiple access points for flexible development planning.

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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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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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Commercial Land in Spencer, Indiana

2.861A W 46 Highway, Spencer, IN 47460

$499,900

2.86 AC lot

2.861-acre commercial land available in Spencer, Indiana.

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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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Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 11 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Recreational Farm and Hunting Land

9010 N Texas Ridge Road, Gosport, IN 47433

$991,900

130.25 AC lot

Versatile acreage with tillable hay ground, a stocked pond, and farming, equestrian, or recreational support improvements.

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Ellettsville Land For Sale

Walker Lane, Ellettsville, IN 47429

$627,500

48.61 AC lot

48.607 acres of wooded land in Monroe County.

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Gosport Land by White River

N Moon Road, Gosport, IN 47433

$55,000

6.54 AC lot

6.54-acre property along the White River in Gosport, Indiana.

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Residential Land in Ellettsville, IN

6691 W Megans Way, Ellettsville, IN 47429

$55,000

1.00 AC lot

One-acre residential lot with utilities available in Ellettsville, Indiana.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

68 Acres Tillable Land For Sale

Saint Johns, MI 48879

$499,000

68.30 AC lot

68 acres of tillable land suitable for multiple uses.

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Off-Market Properties in Spencer, IN

Consider similar Off-Market properties in Spencer, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

VACANT COMMERCIAL LAND

886 Franklin St, Spencer, IN 47460-1156

Value Estimation by Request

3.61 AC lot

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INDUSTRIAL - VACANT LAND

Market St, Spencer, IN 47460

Value Estimation by Request

0.46 AC lot

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VACANT COMMERCIAL LAND

Franklin St, Spencer, IN 47460

Value Estimation by Request

0.37 AC lot

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VACANT COMMERCIAL LAND

319 Walnut St, Spencer, IN 47460-1641

Value Estimation by Request

0.13 AC lot

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VACANT COMMERCIAL LAND

371 Walnut St, Spencer, IN 47460-1641

Value Estimation by Request

0.06 AC lot

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INDUSTRIAL - VACANT LAND

Wood Dr, Spencer, IN 47460

Value Estimation by Request

3.48 AC lot

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VACANT COMMERCIAL LAND

Market St, Spencer, IN 47460

Value Estimation by Request

0.34 AC lot

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VACANT COMMERCIAL LAND

602 Fletcher Ave, Spencer, IN 47460-1013

Value Estimation by Request

0.30 AC lot

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VACANT COMMERCIAL LAND

710 Fletcher Ave, Spencer, IN 47460-1015

Value Estimation by Request

1,946 sqft 0.98 AC lot

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VACANT COMMERCIAL LAND

600 Fletcher Ave, Spencer, IN 47460-1013

Value Estimation by Request

1,341 sqft 0.57 AC lot

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VACANT COMMERCIAL LAND

520 Fletcher Ave, Spencer, IN 47460-1011

Value Estimation by Request

0.14 AC lot

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VACANT COMMERCIAL LAND

Morgan St, Spencer, IN 47460

Value Estimation by Request

0.02 AC lot

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INDUSTRIAL - VACANT LAND

2270 Wood Dr, Spencer, IN 47460-6853

Value Estimation by Request

2.50 AC lot

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Spencer, IN Land Market Trends and Statistics

Explore 66 land for sale in Spencer, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 1,176,120 square feet of properties for sale, with an estimated market value of $229,999.

Sale prices for lots in Spencer, IN start at $229,999, averaging $229,999, and reaching up to $229,999 — 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

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	$154.5K

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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Spencer, IN Land for Sale

Braysville Road, Spencer, IN 47460

Concord Road, Spencer, IN 47460

Coon Path Road, Spencer, IN 47460

1100 Splinter Ridge Road, Spencer, IN 47460

Rocky Hill Road, Spencer, IN 47460

732 W Thornridge Way, Spencer, IN 47460

1650 E State Road 46, Spencer, IN 47460

Estes Road, Spencer, IN 47460

Lakeside Drive, Spencer, IN 47460

2.861A W 46 Highway, Spencer, IN 47460

1650 E State Road 46, Spencer, IN 47460

Opportunities in Nearby Cities

9010 N Texas Ridge Road, Gosport, IN 47433

Walker Lane, Ellettsville, IN 47429

N Moon Road, Gosport, IN 47433

6691 W Megans Way, Ellettsville, IN 47429

Potential Development Sites for Consideration

Saint Johns, MI 48879

Off-Market Properties in Spencer, IN

886 Franklin St, Spencer, IN 47460-1156

Market St, Spencer, IN 47460

Franklin St, Spencer, IN 47460

319 Walnut St, Spencer, IN 47460-1641

371 Walnut St, Spencer, IN 47460-1641

Wood Dr, Spencer, IN 47460

Market St, Spencer, IN 47460

602 Fletcher Ave, Spencer, IN 47460-1013

710 Fletcher Ave, Spencer, IN 47460-1015

600 Fletcher Ave, Spencer, IN 47460-1013

520 Fletcher Ave, Spencer, IN 47460-1011

Morgan St, Spencer, IN 47460

2270 Wood Dr, Spencer, IN 47460-6853

Spencer, IN Land Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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