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Wooded Recreation Land with Utilities
For Sale
Under Contract
$79,900

702 Johnson Road, Spencer, IN 47460

LOTS AND LAND, Spencer, IN

Property SizeContact for details
Lot Size7.51 Acres
Days on Market33

Property Features for 702 Johnson Road

General Information

Property type Land
Property subtype Other
Lot features Heavily Wooded, Irregular, Rural
Elementary school Mccormicks Creek
Middle school Owen Valley
High school Owen Valley
Elementary school district Spencer-Owen Community Schools
Middle school district Spencer-Owen Community Schools
High school district Spencer-Owen Community Schools
Directions Please use GPS
Subdivision Owen County
Standard status Active Under Contract
APN 60-17-09-203-130.000-016
Lot size 7.51 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description W 1/2 W 1/2 S9 T9 R3 7.51A
Tax Annual Amount 546
Legal Description W 1/2 W 1/2 S9 T9 R3 7.51A
Listing Agency: RE/MAX Select Associates, Inc.
Listed By: Chris Wesley · License #RB14024437
Added: Jul 23 Changed: Aug 20 Last Checked: Aug 24 at 12:06AM
MLS# 202629713

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.

Investment Insights

Based on property information with market context.

This wooded 7.51-acre property is set up for recreation or future residential use, with heavy tree coverage throughout. Existing improvements include a well and electric service on the property, which can help streamline early planning for development or weekend use.

The land features approximately 535 feet of county road frontage and is accessible via paved roads leading to the site. It is located just 4 miles south of Spencer and about 1.5 miles west of State Highway 43 in Owen County, Indiana.

With its combination of seclusion and practical access, the property offers a straightforward acreage option for buyers looking for a private, wooded setting with existing utility infrastructure.

Key Highlights

  • 7.51‑acre wooded property with 535 ft of county road frontage
  • Convenient access: about 4 miles south of Spencer and 1.5 miles west of State Highway 43
  • Paved roads lead to the property for easier access

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Building Supply Wine and Liquor Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 47460, IN

11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Heavily wooded 7.51-acre property with county road frontage and on-site well and electric service.
Where is this residential land & home lot located?
The property is located at 702 Johnson Road Spencer, IN.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: 7.51‑acre wooded property with 535 ft of county road frontage; Convenient access: about 4 miles south of Spencer and 1.5 miles west of State Highway 43; Paved roads lead to the property for easier access
More about this property
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