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

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    Wooded Recreation Land with Utilities
    Updated: Jul 23
    Wooded Recreation Land with Utilities

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot
    7.51‑acre wooded property with 535 ft of county road frontage
    Convenient access: about 4 miles south of Spencer and 1.5 miles west of State Highway 43
    Paved roads lead to the property for easier access
    Existing well on the property
    Electric service is already on the property
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    Wooded Residential Development Land
    Updated: Jul 23
    Wooded Residential Development Land

    702 Johnson Road, Spencer, IN 47460

    $79,900
    7.51 AC lot
    7.51‑acre heavily wooded property with approximately 535 ft of county road frontage
    Utilities and services include a well and electric service already on the property
    Paved roads provide access to the property
    Located about 4 miles south of Spencer and 1.5 miles west of State Highway 43
    Water source is listed as private; sewer is listed as septic needed
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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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    LAND - Spencer, IN
    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

    $35,000
    0.42 AC lot

    Partially cleared, wooded 0.42 acre lot in Thornridge subdivision.

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    Acreage with State Highway Frontage
    Acreage with State Highway Frontage

    1650 E State Road 46, Spencer, IN 47460

    $259,900
    14.44 AC lot

    14.44 acres with level open buildable space, wooded privacy, and multiple access points for flexible development planning.

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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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    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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    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 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.

    Gosport Land by White River
    Gosport Land by White River

    N Moon Road, Gosport, IN 47433

    $55,000
    6.54 AC lot

    6.54-acre property along the White River in Gosport, Indiana.

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    5-Acre Wooded Residential Land
    5-Acre Wooded Residential Land

    Tract 7 Hudson Hill Road, Gosport, IN 47460

    $75,000
    5.00 AC lot

    5-acre wooded parcel ready for a custom home.

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    Residential Land in Ellettsville, IN
    Residential Land in Ellettsville, IN

    6691 W Megans Way, Ellettsville, IN 47429

    $55,000
    1.00 AC lot

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

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    LAND - Ellettsville, IN
    LAND - Ellettsville, IN

    7663 W Julia Drive, Ellettsville, IN 47429

    $81,500
    0.18 AC lot

    Land · 0.18 Acres

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    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 3,093,196 square feet of properties for sale, with an estimated market value of $1,000,500.

    Sale prices for home sites in Spencer, IN start at $35,000, averaging $142,928, 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 6
    Commercial land 4
    Recreation land 3
    Agricultural land / Farmland 1
    Hunting land 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 $107.6K

    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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    Most Searched ZIP Codes in Spencer, IN

    • 47460

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