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Wooded Land with Highway Access
For Sale
$259,900

1650 E State Road 46, Spencer, IN 47460

LOTS AND LAND, Spencer, IN

Property SizeContact for details
Lot Size14.44 Acres
Days on Market115

Property Features for 1650 E State Road 46

General Information

Property type Land
Property subtype Other
Lot features Irregular
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 East of Spencer just across the bridge on the south side of 46
Subdivision Owen County
Standard status Active
APN 60-10-22-300-070.000-027
Lot size 14.44 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description IN SW S22 T10 R3 14.19 A IN NW NW S27 T10 R3 .25 A
Tax Annual Amount 923
Legal Description IN SW S22 T10 R3 14.19 A IN NW NW S27 T10 R3 .25 A
Listing Agency: RE/MAX Select Associates, Inc.
Listed By: Chris Wesley · License #RB14024437
Added: May 1 Changed: Aug 20 Last Checked: Aug 23 at 8:06AM
MLS# 202615924

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 14.44-acre land offering combines open, level ground at the front with wooded acreage toward the rear. The layout supports residential, recreational, or small commercial development concepts, while the wooded portion offers privacy and views toward McCormick's Creek State Park and the White River.

Access is provided by two points along State Highway 46, with an additional connection from River Road. Approximately 1,200 feet of frontage extends along State Highway 46. The property also has two existing wells and two septic systems; the sellers do not guarantee the condition of these utilities.

Key Highlights

  • 14.44 acres with open, level front acreage and a wooded rear portion
  • Approximately 1,200 feet of frontage along State Highway 46
  • Two access points from State Highway 46 plus additional access from River Road

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

13
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?
Land - Open and wooded acreage supports residential, recreational, or small commercial development concepts.
Where is this land located?
The property is located at 1650 E State Road 46 Spencer, IN.
What is the asking price?
The asking price for this property is $259,900.
What are key features of this property?
This property features: 14.44 acres with open, level front acreage and a wooded rear portion; Approximately 1,200 feet of frontage along State Highway 46; Two access points from State Highway 46 plus additional access from River Road
More about this property
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