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    278 E Clay St Spencer, IN 47460

    Sponsored
    For Sale
    $49,000

    Residential Land - Spencer, IN

    Lot size:
    0.20 Acres
    Days on Market:
    156
    Last Refresh:
    Jan 8 at 12:06 am

    Property Features for 278 E Clay St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    60-10-28-200-600.005-028
    Lot size
    0.20 Acres

    Building Details

    Architectural style
    Other

    Keith Realty & Auction Group (812) 821-7772

    Listing agent Trent Keith (812) 714-8250 License #RB16000005

    Listing date Aug 6, 2025

    MLS# 202503341 Listing URL

    Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Near Owen County Fairgrounds

    This 0.2-acre vacant lot is located across from the Owen County Fairgrounds in Spencer, Indiana. The property offers various possibilities for potential use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencer
    County
    Owen
    State
    Indiana
    Longitude
    -86.759299
    Latitude
    39.282068

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    FAQs

    What type of property is this?
    Land - Vacant land with potential, near Owen County Fairgrounds.
    Where is this land located?
    The property is located at 278 E Clay St Spencer, IN.
    What is the asking price?
    The asking price for this property is $49,000.
    What are key features of this property?
    This property features: - Empty lot offering development possibilities.; - Located across from Owen County Fairgrounds.; - Coordinates provided for precise location: [-86.75929,39.282066].
    (812) 821-8499
    Request Owner's contact information
    278 E Clay St Spencer, IN 47460
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    Spencer, IN 47460
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    278 E Clay St Spencer, IN 47460
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