Search
Residential Land in Spencer, Indiana
For Sale
$35,000

732 W Thornridge Way, Spencer, IN 47460

LAND - Spencer, IN

Property SizeContact for details
Lot Size0.42 Acres
Days on Market344

Property Features for 732 W Thornridge Way

General Information

Property type Land
Property subtype Other
Subdivision Thorn Ridge / Thornridge
Lot features Irregular, Partially Wooded, Undeveloped, 0-2.9999
Elementary school Spencer
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 GPS Friendly
Standard status Active
APN 60-10-30-100-380.130-028
Lot size 0.42 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description THORNRIDGE LOT 13 PT NE 1/4 S30 T10 R3 .42A
Tax Annual Amount 42
Legal Description THORNRIDGE LOT 13 PT NE 1/4 S30 T10 R3 .42A
Listing Agency: Keith Realty & Auction Group
Listed By: Trent Keith · License #RB16000005
Added: Sep 10, 2025 Changed: Jul 6 Last Checked: Aug 19 at 4:06PM
MLS# 202536536

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 partially cleared wooded lot is larger than it appears from the street. Located in the Thornridge subdivision, the nearly half-acre lot (0.42 acres) offers the possibility of building a walk-out home. The location provides convenient access to various destinations, being less than 30 minutes from the Indiana University campus, 3 minutes to downtown Spencer, and one hour from the Indianapolis airport. City water, city sewer, natural gas, and electric utilities are available. The neighborhood is noted as beautiful and quiet, and there is no Home Owners Association.

Key Highlights

  • Large, nearly half‑acre lot in upscale Thornridge subdivision.
  • City water, city sewer, natural gas, and electric available.
  • Convenient location: 3 minutes to downtown Spencer, less than 30 minutes to Indiana University, and one hour to Indy airport.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Storage Facility Garden Center Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

14
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 - Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.
Where is this land located?
The property is located at 732 W Thornridge Way Spencer, IN.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Large, nearly half‑acre lot in upscale Thornridge subdivision.; City water, city sewer, natural gas, and electric available.; Convenient location: 3 minutes to downtown Spencer, less than 30 minutes to Indiana University, and one hour to Indy airport.
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