1.54 Acres Street Spencer, IN ^$ 57,500

1.54 Acres Street

^$ 57,500

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Recently Listed

1.54 Acres Street

Spencer, IN, 47460

^$ 57,500

Studio Baths0.0

Monthly Estimate*

^$ 363

1.54 Acres Street, Spencer, IN 47460 - Image 1

Studio

Lots and Land for sale in Spencer, IN

for $57,500. The lot size is 1.54.

Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendys and OReilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.

Lots and Land Active

Price

^$ 57,500

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 1,237

Style

Commercial Land

Lot Size

1.54

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202631610

Features

General

Road Frontage City

Status Active Active

Parking None

Subdivision None

Township Washington

Class LOTS AND LAND

Present Use Commercial

Type Commercial Land

REO No

Status Detail 0

Area Owen County

Location City

High School Owen Valley

City Spencer

School District Spencer-Owen Community Schools

Elementary School Spencer

Middle School Owen Valley

Legal Description IN W 1/2 SW S20 T10 R3 1.54A

Agent First Name Chris

Agent Last Name Wesley

DOM 1

Tax Year 2025

Restrictions None

Exterior

Road Surface Asphalt

Road Access City

Lot Size Area 67082

Lot Dimensions Irregular

Fence None

Waterfront Y/N No

Interior

Fuel Type Electric Gas Available

* Excluded Features

List By

Chris Wesley

Listing Agent

Re/Max Select Associates, Inc.

Broker

cwesley@homefinder.org

Affordability Calculator

$466

Per Month

Monthly Principal & Interest: $363
Monthly Property Taxes: $103
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Lots and land listings in Spencer, IN

Average List Price ^$142,322

Percent of Sale Price 148%

About Spencer, IN

2,332 Population

-12% Since 2002

^$40,502 Median Income

40.93 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1236904 Elementary School

1236321 Middle School

Owen Valley High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/4/2026	$57,500		Listed Price

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1.54 Acres Street, Spencer, IN, 47460 is a Lots and Land for sale at $57,500 with a lot size of 1.54. 1.54 Acres Street is a studio with 0.0 baths. The property's zip code is 47460 which is in Spencer, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 8/5/2026.

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1.54 Acres Street

Lots and Land for sale in Spencer, IN

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