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    17907 Thunder Rdg Spencerville, IN 46788

    Sponsored
    For Sale
    $99,900

    Wooded 0.71-acre lot, ideal for building.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 0.71-acre commercial lot presents a unique opportunity in the desirable Honeysuckle community, located east of Leo in De Kalb County, Indiana, and served by Leo Schools. Situated on a quiet cul-de-sac, this property offers significant privacy while enjoying convenient proximity to schools, restaurants, and Parkview Hospital. Honeysuckle is a private, rural community providing the benefit of city water and sewer services, all within a setting of larger estate lots. The lot's wooded character adds to its appeal, creating a tranquil environment for development. Building plans must adhere to community guidelines, which include minimum square footage requirements: ranch-style homes must be at least 2,000 square feet, while 1.5-story or 2-story homes must be a minimum of 2,400 square feet. A three-car garage is also mandatory. The opportunity to construct outbuildings is an added bonus. The asking price for this prime commercial land is $99,900. The property is located at 17907 Thunder Ridge, Spencerville, IN 46788. This is a rare chance to acquire a buildable lot in a sought-after location.

    Property Features for 17907 Thunder Rdg

    General Information

    Property type
    Land
    Lot Size
    30,928 SF

    HighLights

    • 0.71‑acre commercial lot in desirable Honeysuckle community, De Kalb County, IN.
    • Located on a quiet cul‑de‑sac near schools, restaurants, and Parkview Hospital.
    • City water and sewer available in this private, rural community with larger estate lots.
    • Wooded lot offering a tranquil setting; building plans must meet community guidelines (minimum sq ft & 3‑car garage).
    • $99,900 asking price; address: 17907 Thunder Ridge, Spencerville, IN 46788.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Auto Repair Shop Garden Center Pet Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Spencerville
    County
    De Kalb
    State
    Indiana
    Longitude
    -84.992807
    Latitude
    41.252377

    FAQs

    What type of property is this?
    Land - Wooded 0.71-acre lot, ideal for building.
    Where is this land located?
    The property is located at 17907 Thunder Rdg Spencerville, IN.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: 0.71-acre commercial lot in desirable Honeysuckle community, De Kalb County, IN.; Located on a quiet cul-de-sac near schools, restaurants, and Parkview Hospital.; City water and sewer available in this private, rural community with larger estate lots.
    Request Owner's contact information
    17907 Thunder Rdg Spencerville, IN 46788
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    Spencerville, IN 46788
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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
    17907 Thunder Rdg Spencerville, IN 46788
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