Search
Level Residential Build Lot
For Sale
$54,900

127 Walnut St, Spencer, IN 47460

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

Property SizeContact for details
Lot Size0.37 Acres
Days on Market313

Property Features for 127 Walnut St

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: HOME TEAM Properties
Listed By: Robert Ranard
Source: Exprealty
Added: Oct 27, 2025 Changed: Aug 31 Last Checked: Sep 4 at 8:07AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HOME TEAM Properties

Investment Insights

Based on property information with market context.

This for-sale residential building lot is level and offered on a build-to-suit basis. Utilities and fiber internet are available, supporting a custom home plan for the property.

The lot is located in the Four Oaks community, which offers access to a private lake with a scenic walking trail, a neighborhood dog park, a community clubhouse, sidewalks, and open green spaces.

Public remarks indicate that no spec homes are permitted, helping ensure new construction is tailored to the people who live there.

Key Highlights

  • Level .37‑acre residential lot at 127 Walnut Road in the Four Oaks community
  • Utilities and fiber internet available for a custom build
  • Build‑to‑suit lot with no spec homes permitted

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Skin Care Clinic

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

378
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 - Level residential lot offered for build-to-suit with utilities and fiber internet available.
Where is this residential land & home lot located?
The property is located at 127 Walnut St Spencer, IN.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Level .37‑acre residential lot at 127 Walnut Road in the Four Oaks community; Utilities and fiber internet available for a custom build; Build‑to‑suit lot with no spec homes permitted
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message