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    Spencer, IN
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    Spencer, IN Residential Land & Home Lots for Sale

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    18 properties
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    9+ Acres Residential Land
    Updated: Apr 25
    9+ Acres Residential Land

    Coon Path Road, Spencer, IN 47460

    $90,900
    9.09 AC lot
    9+ Acres of Woodlands offer privacy and natural beauty
    Mill Creek Access for nature enthusiasts
    No HOA provides freedom and flexibility
    No Covenants allows for unrestricted use of the land
    Scenic Property perfect for building your dream home
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    LOTS AND LAND, Spencer, IN
    Updated: Jul 8
    LOTS AND LAND, Spencer, IN

    Rocky Hill Road, Spencer, IN 47460

    $195,000
    15.08 AC lot
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    Residential Land in Spencer, Indiana
    Residential Land in Spencer, Indiana

    732 W Thornridge Way, Spencer, IN 47460

    $35,000
    0.42 AC lot

    Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.

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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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    Wooded Recreation Land with Utilities
    Wooded Recreation Land with Utilities

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot

    Heavily wooded 7.51-acre property with county road frontage and on-site well and electric service.

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    Wooded Residential Development Land
    Wooded Residential Development Land

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot

    Heavily wooded 7.51-acre parcel with county road frontage and existing well and electric service.

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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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    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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    Residential Land in Amazon Shores
    Residential Land in Amazon Shores

    Estes Road, Spencer, IN 47460

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    1.17 AC lot

    Wooded building site with utilities and lake access.

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

    Lakeside Drive, Spencer, IN 47460

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    1.35 AC lot

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

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    Land
    Land

    00 Estes Road, Spencer, IN 47460

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    Residential land & home lots

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

    Park Hill Drive, Spencer, IN 47460

    $35,000
    2.43 AC lot

    Land · 2.43 Acres

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    Land
    Land

    00 Lakeside Drive, Spencer, IN 47460

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    Residential land & home lots

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    Land, Spencer, IN
    Land, Spencer, IN

    Park Hill Drive, Spencer, IN 47460

    $35,000
    2.43 AC lot

    Land · 2.43 Acres

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    Land
    Land

    1921 Country Club Road, Spencer, IN 47460

    $95,000

    Residential land & home lots

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    Land/Lot
    Land/Lot

    702 Johnson Rd, Spencer, IN 47460

    $79,900

    Residential land & home lots

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    Wooded Residential Lot
    Wooded Residential Lot

    1899 Park Hill Dr, Spencer, IN 47460

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

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 18 Active Listings in Spencer, IN

    Spencer, IN Residential Land & Home Lots Market Trends and Statistics

    Explore 18 residential land & home lots for sale in Spencer, IN, showcased through 18 active listings on our real estate platform. These investment opportunities span a total of 2,826,608 square feet of properties for sale, with an estimated market value of $1,175,300.

    Sale prices for home sites in Spencer, IN start at $35,000, averaging $90,407, 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

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 14
    Commercial land 5
    Recreation land 5
    Agricultural land / Farmland 3
    Hunting land 2

    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 $65.3K

    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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