470 W Morgan Street Spencer, IN $ 225,000
470 W Morgan Street
$ 225,000
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470 W Morgan Street

Spencer, IN, 47460
$ 225,000
Baths0.0

Monthly Estimate*

$ 1,421

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Studio

Lots and Land for sale in Spencer, IN

for $225,000. The lot size is 0.2.

Excellent corner-lot visibility at the intersection of Morgan St/State Rd 46 and Short St, offering strong exposure for a wide range of commercial uses. This .22-acre parcel is fully improved with water, sewer, and electrical service already on site. The parcel is currently being used as a food truck lot with four vendors, each with its own dedicated electrical hookup. Beyond that, the location and infrastructure lend themselves to a variety of commercial possibilities, from retail to service-based businesses.

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Lots and Land Active

Price

$ 225,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 706

Style

Unimproved Land

Lot Size

0.2

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22114288

Features
General
Sewer Public Sewer
Possession Negotiable
Development Status Finished Lot(s)
Zoning Commercial
Topography Level
Township Washington
Property Subtype Unimproved Land
Tax Year 2025
Additional Parcels Description 601020400400302028
County Owen
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Active
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
High School District Spencer-Owen Community Schools
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 8843
Elementary School Spencer Elementary School
Current Financing Conventional
Middle/Junior High School Owen Valley Middle School
Additional Parcels Y/N Y
Virtual Tour https://youtu.be/pCWWU3SNv48
Standard Status Active
Tax Lot 5
Legal Description Gibsons Lot 5 Blk 1
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Exterior
Lot Features City Lot Corner Lot Curbs Sidewalks
Water Source Public
Lot Size Acres 0.2
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type Highway
Horse Amenities None
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* Excluded Features
List By
Home Team Properties

Broker

scarver@homefinder.org

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Affordability Calculator

$1,480
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046413 Elementary School
4046639 Middle School
Owen Valley Community High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$225,000 Listed Price

Map


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470 W Morgan Street, Spencer, IN, 47460 is a Lots and Land for sale at $225,000 with a lot size of 0.2. 470 W Morgan Street is a studio with 0.0 baths. The property's zip code is 47460 which is in Spencer, IN