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

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    Residential Land in Spencer, Indiana
    Updated: Sep 10, 2025
    Residential Land in Spencer, Indiana

    732 W Thornridge Way, Spencer, IN 47460

    Contact for pricing
    0.42 AC lot
    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.
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    LOTS AND LAND, Spencer, IN
    Updated: Jul 8
    LOTS AND LAND, Spencer, IN

    Rocky Hill Road, Spencer, IN 47460

    $162,500
    15.08 AC lot
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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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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Land
    Land

    01 Braysville Road, Spencer, IN 47460

    $549,900

    Hunting land

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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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    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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    Land
    Land

    732 W Thornridge Way, Spencer, IN 47460

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    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 13 Potential Opportunities for your consideration. Besides 9 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.

    Corner Commercial Land Lot
    Corner Commercial Land Lot

    909 W Temperance Street, Ellettsville, IN 47429

    $47,500
    0.20 AC lot

    A 0.2-acre corner lot in Ellettsville suitable for a small office or residential development.

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    LOTS AND LAND, Gosport, IN
    LOTS AND LAND, Gosport, IN

    8200 Block N County Line Road, Gosport, IN 47433

    $299,900
    5.05 AC lot

    Land · 5.05 Acres

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    Land
    Land

    Tract 6 Hudson Hill Road, Gosport, IN 47460

    $75,000

    Residential land & home lots

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    Land
    Land

    1013 S Deer Run Road, Ellettsville, IN 47429

    $59,900

    Residential land & home lots

    View details

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

    Explore 9 residential land & home lots for sale in Spencer, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 1,461,002 square feet of properties for sale, with an estimated market value of $1,002,300.

    Sale prices for home sites in Spencer, IN start at $30,000, averaging $250,575, and reaching up to $549,900 — 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 7
    Commercial land 4
    Agricultural land / Farmland 3
    Hunting land 2
    Industrial 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 $66K

    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%

    How Realmo verifies these figures

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    Popular Searches in Spencer, IN

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    Most Searched ZIP Codes in Spencer, IN

    • 47460

    Featured Spencer Real Estate Agencies

    Realmo connects you with licensed Spencer CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    West & Co Realtors
    385 E Morgan St Spencer, IN 47460
    Phone: (812) 828-0285
    Keith Realty & Auction Group
    2411 River Rd Spencer, IN
    Phone: (812) 821-7772
    Farmers National Company
    PO Box 612 Spencer, IN
    Phone: (812) 876-7612
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