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    Lamar, IN 47550

    For Sale
    $260,000

    Vacant Land - Lamar, IN

    Lot size:
    40.00 Acres
    Days on Market:
    24
    Last Refresh:
    Dec 11 at 4:06 pm

    Property Features for

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    300
    APN
    74-05-35-100-009.000-004
    Parking features
    Garage
    Lot size
    40.00 Acres

    Building Details

    Architectural style
    Other

    Dixon Realty (812) 547-3814

    Listing agent Heidi Dixon (812) 547-3814

    Listing date Nov 18, 2025

    MLS# 11519925 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Picturesque Farmland in Spencer County

    Located just outside of Lamar, Indiana, this property features 40 acres of rolling farmland in Spencer County. Currently operating as a cattle farm, the land includes well-maintained pasture and gently sloping terrain. A tranquil pond enhances the property, suitable for livestock or enjoying countryside views. The property offers an exceptional opportunity for agricultural use, recreational enjoyment, or a new homesite. Beautiful building sites provide the potential to create a dream home or retreat.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Map

    City
    Lamar
    County
    Spencer
    State
    Indiana
    Longitude
    -86.931094
    Latitude
    38.039802

    FAQs

    What type of property is this?
    Farm - 40 acres of rolling farmland perfect for agriculture or recreation.
    Where is this farm located?
    The property is located at Lamar, IN.
    What is the asking price?
    The asking price for this property is $260,000.
    What are key features of this property?
    This property features: - 40 picturesque acres of rolling farmland.; - Suitable for agricultural use, recreation, or building a homesite.; - Currently operating as a cattle farm with well-maintained pasture.
    (812) 547-3814
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    Lamar, IN 47550
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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
    Lamar, IN 47550
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