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    Spencer, IN Residential Land & Home Lots for Sale

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    Gosport, IN Ellettsville, IN Bloomington, IN
    Land with Highway Frontage
    $259,900
    14.44 Acres

    Land with Highway Frontage

    1650 E State Road 46 Road, Spencer, IN 47460

    14.44 acres with highway frontage near downtown Spencer, Indiana.

    • 14.44‑acre property with visibility and access, minutes from downtown Spencer.
    • Approximately 1,200 feet of frontage on State Highway 46, suitable for residential, recreational, or small commercial development.
    • Level, open acreage ideal for building, with wooded area providing privacy and views of McCormick’s Creek State Park and the White River.
    • Two access points from State Highway 46 and additional access from River Road.
    • Two existing wells and two septic systems on‑site.
    Updated: May 1
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    Residential Land in Spencer, Indiana
    $35,000
    0.42 Acres

    Residential Land in Spencer, Indiana

    732 W Thornridge Way, Spencer, IN 47460

    Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.

    • 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.
    • Possibility of building a walk‑out home.
    • No HOA.
    Updated: Sep 10, 2025
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    Spencer, IN Residential Lots
    $259,900
    14.44 Acres

    Spencer, IN Residential Lots

    14.44 acres with highway frontage near downtown Spencer.

    1650 E State Road 46, Spencer, IN 47460
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    Residential Land in Amazon Shores
    Contact for pricing
    1.17 Acres

    Residential Land in Amazon Shores

    Wooded building site with utilities and lake access.

    00 Estes Road, Spencer, IN 47460
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    Residential Land in Spencer, Indiana
    Contact for pricing
    1.35 Acres

    Residential Land in Spencer, Indiana

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

    00 Lakeside Drive, Spencer, IN 47460
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Spencer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wooded Acreage in Rural Setting
    $149,900
    10.00 Acres

    Wooded Acreage in Rural Setting

    10 wooded acres near Gosport, Indiana, ideal for homesite.

    Tract 2 N UW Hwy 231, Gosport, IN 47460
    View details
    5-Acre Wooded Residential Land
    $75,000
    5.00 Acres

    5-Acre Wooded Residential Land

    5-acre wooded parcel ready for a custom home.

    Tract 6 Hudson Hill Road, Gosport, IN 47460
    View details
    Residential Land in Ellettsville, Indiana
    $65,000
    0.11 Acres

    Residential Land in Ellettsville, Indiana

    Residential land available in Ellettsville, Indiana.

    7668 W Julia Drive, Ellettsville, IN 47429
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    Residential Land in Ellettsville, IN
    $55,000
    1.00 Acre

    Residential Land in Ellettsville, IN

    One-acre residential lot with utilities available in Ellettsville, Indiana.

    6691 W Megans Way, Ellettsville, IN 47429
    View details

    Spencer, IN Residential Land & Home Lots Investment Opportunities Market Analysis

    Explore 5 residential land & home lots for sale in Spencer, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $589,300.

    Sale prices for home sites in Spencer, IN start at $17,250, averaging $117,860, and reaching up to $259,900 — 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

    Residential land & home lots 5
    Commercial land 3

    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 median listing prices of real estate assets

    Neighborhood Average Price
    47460 $111K

    Taxes & Financing

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

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