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    Spencer, IN
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    Spencer, IN Land for Sale

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    Agricultural Land with Ponds
    Updated: Jul 14
    Agricultural Land with Ponds

    01 Braysville Road, Spencer, IN 47460

    $599,900
    70.18 AC lot
    70.18 acres of agricultural and recreational land
    Two ponds located on the property
    Wooded acreage with recently appraised timber
    Located on Braysville Road in Clay Township
    Minutes from historic downtown Spencer
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    Industrial Land Near Retail Anchors
    Updated: Aug 4
    Industrial Land Near Retail Anchors

    1.54 ac 5th Avenue, Spencer, IN 47460

    $57,500
    1.54 AC lot
    1.54‑acre industrial land parcel
    Public Sewer available
    Located on 5th Avenue in Spencer, IN 47460
    Adjacent to Wendy's and O'Reilly Auto Parts
    Situated at the west end of Spencer
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    9+ Acres Residential Land
    9+ Acres Residential Land

    Coon Path Road, Spencer, IN 47460

    $90,900
    9.09 AC lot

    9+ acres of wooded land with creek in Spencer, IN.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Level Residential Build Lot
    Level Residential Build Lot

    127 Walnut St, Spencer, IN 47460

    $54,900
    0.37 AC lot

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

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    Highway-Access Commercial Land
    Highway-Access Commercial Land

    2 Lots Morgan Street, Spencer, IN 47460

    $295,000
    0.40 AC lot

    Commercial land with highway exposure and nearby access to water, sewer, natural gas, and electric service.

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    LOTS AND LAND, Spencer, IN
    LOTS AND LAND, Spencer, IN

    Rocky Hill Road, Spencer, IN 47460

    $195,000
    15.08 AC lot

    Land · 15.08 Acres

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    Residential Land in Spencer, Indiana
    Residential Land in Spencer, Indiana

    732 W Thornridge Way, Spencer, IN 47460

    Contact for pricing
    0.42 AC lot

    Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.

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    Improved Wooded Home Site
    Improved Wooded Home Site

    Lot B-21 W Morgan St, Spencer, IN 47460

    $39,900

    An improved, heavily wooded 4.44-acre lot with city water, electricity, and natural gas available on site.

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    Wooded Land with Highway Access
    Wooded Land with Highway Access

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC lot

    Open and wooded acreage supports residential, recreational, or small commercial development concepts.

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    Land, Spencer, IN
    Land, Spencer, IN

    182 Deerfield Trail, Spencer, IN 47460

    $30,000
    1.08 AC lot

    Land · 1.08 Acres

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    Vacant Land / Lots
    Vacant Land / Lots

    182 Deerfield Trail, Spencer, IN 47460

    $30,000

    Residential land & home lots

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    LOTS AND LAND, Spencer, IN
    LOTS AND LAND, Spencer, IN

    1921 Country Club Road, Spencer, IN 47460

    $95,000
    3.09 AC lot

    Land · 3.09 Acres

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    Residential Land in Amazon Shores
    Residential Land in Amazon Shores

    Estes Road, Spencer, IN 47460

    Contact for pricing
    1.17 AC lot

    Wooded building site with utilities and lake access.

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    Land
    Land

    1921 Country Club Road, Spencer, IN 47460

    $95,000

    Residential land & home lots

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    Commercial Land with BLM1 Zoning
    Commercial Land with BLM1 Zoning

    1.54 Acres Street, Spencer, IN 47460

    $57,500
    1.54 AC lot

    BLM1-zoned parcel adjacent to Wendy's and O'Reilly Auto Parts in Spencer.

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    Residential Land in Spencer, Indiana
    Residential Land in Spencer, Indiana

    Lakeside Drive, Spencer, IN 47460

    Contact for pricing
    1.35 AC lot

    Wooded 1.35-acre building lot with lake access and utilities.

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    Wooded Residential Lot
    Wooded Residential Lot

    1899 Park Hill Dr, Spencer, IN 47460

    Contact for pricing

    Wooded residential lot located in Park Hill Estates, ready for your new home.

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    Development Land with Highway Frontage
    Development Land with Highway Frontage

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC 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.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Spencer, IN, we suggest to view alternatives - similar 54 Off-Market properties to explore as potential leads.

    Off-Market Properties in Spencer, IN

    Consider similar Off-Market properties in Spencer, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    886 Franklin St
    VACANT COMMERCIAL LAND

    886 Franklin St, Spencer, IN 47460-1156

    Estimated value:
    $260,000
    3.61 AC lot
    View details
    Market St
    INDUSTRIAL - VACANT LAND

    Market St, Spencer, IN 47460

    Estimated value:
    $255,000
    0.46 AC lot
    View details
    Franklin St
    VACANT COMMERCIAL LAND

    Franklin St, Spencer, IN 47460

    Estimated value:
    $255,000
    0.37 AC lot
    View details
    319 Walnut St
    VACANT COMMERCIAL LAND

    319 Walnut St, Spencer, IN 47460-1641

    Estimated value:
    $250,000
    0.13 AC lot
    View details
    371 Walnut St
    VACANT COMMERCIAL LAND

    371 Walnut St, Spencer, IN 47460-1641

    Estimated value:
    $260,000
    0.06 AC lot
    View details
    Wood Dr
    INDUSTRIAL - VACANT LAND

    Wood Dr, Spencer, IN 47460

    Estimated value:
    $275,000
    3.48 AC lot
    View details

    Spencer, IN Land Market Trends and Statistics

    Explore 72 land for sale in Spencer, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 5,845,316 square feet of properties for sale, with an estimated market value of $2,160,400.

    Sale prices for lots in Spencer, IN start at $30,000, averaging $154,314, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 10
    Commercial land 4
    Industrial land 2
    Recreation land 2
    Agricultural land / Farmland 1

    Demographics Overview

    Population 11K
    Population Growth (5Y) +4.4%
    Median Household Income $67,688
    College Educated 29.5%

    High-Yield Neighborhoods for Investment

    Identify Spencer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    47460 $149.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.89%
    Property Tax per SF $34.39 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Owen County

    New Delisted

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