Development Land with Highway
1650 E State Road 46, Spencer, IN 47460
For Sale
$259,900
Land, Spencer, IN
Property SizeContact for details
Lot Size14.44 Acres
Days on Market383
Property Features for 1650 E State Road 46
General Information
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Zoning description
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Elementary school
Middle school
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Middle school district
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Listing Agency:
RE/MAX Select Associates, Inc. · RE/MAX International
Listed By:
Christopher Wesley · License IN RB14024437
(812) 828-5310
Added: Oct 28, 2025
Changed: Oct 8
Last Checked: Nov 14 at 3:06AM
MLS# 22070858
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This 14.44-acre parcel is configured with a level, open front portion suitable for building, transitioning to wooded acreage toward the rear. The property is described as offering views of McCormick's Creek State Park and the White River. Two access points are available from State Highway 46, with additional access from River Road. Site utilities include two existing wells and two septic systems; however, the condition of these utilities is not guaranteed by the sellers.
The land is located in Spencer, Indiana, with approximately 1,200 feet of frontage along State Highway 46. The property’s setup is intended to support convenient ingress and egress, including the multiple highway access points noted above.
Given the Residential zoning, this tract may be best suited for residential development planning or recreational uses that align with the zoning framework. The mix of build-ready open land and quieter wooded areas can support projects that benefit from both access and natural privacy, while the on-site wells and septic systems provide existing infrastructure to evaluate during due diligence.
The land is located in Spencer, Indiana, with approximately 1,200 feet of frontage along State Highway 46. The property’s setup is intended to support convenient ingress and egress, including the multiple highway access points noted above.
Given the Residential zoning, this tract may be best suited for residential development planning or recreational uses that align with the zoning framework. The mix of build-ready open land and quieter wooded areas can support projects that benefit from both access and natural privacy, while the on-site wells and septic systems provide existing infrastructure to evaluate during due diligence.
Key Highlights
- 14.44‑acre property with approx. 1,200 ft of frontage along State Highway 46
- Includes two access points from State Highway 46 plus additional access from River Road
- Front portion has level, open acreage suitable for building; remainder is wooded
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Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Nearly 15 acres with 1,200 feet of State Highway 46 frontage, mixed open and wooded areas, and utility access via two wells and septic systems.
Where is this residential land & home lot 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‑acre property with approx. 1,200 ft of frontage along State Highway 46; Includes two access points from State Highway 46 plus additional access from River Road; Front portion has level, open acreage suitable for building; remainder is wooded
