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
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,554

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Lots and Land for sale in Spencer, IN

for $225,000. The lot size is 0.22.

Put your business where people can see it! Positioned at the prominent intersection of Morgan St/State Rd 46 and Short St, this approximately .22-acre commercial parcel offers excellent corner exposure and a ready-to-use infrastructure setup. Water, sewer, and electric service are already in place, eliminating some of the major groundwork typically required for a commercial site. The property is currently operating as an established food truck destination with four vendors, each equipped with its own dedicated electrical hookup. Whether continuing the existing food truck concept or bringing a different business vision to the site, the combination of location and existing improvements creates a variety of possibilities. With its high-visibility corner location and access to essential utilities, the property could accommodate a range of commercial uses, including retail, service businesses, food-related ventures, or other entrepreneurial concepts. A compact parcel with plenty of potential, this is an opportunity to put a commercial presence in a location designed to be noticed.

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Lots and Land Pending

Price

$ 225,000

Property Type

Lots and Land

Taxes

$ 705

Style

Commercial Land

Lot Size

0.22

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202628363

Features
General
Road Frontage State
Status Pending Pending
Parking Off Street
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 GIBSON PT LOT 5 BLK 1 GIBSON PT LOT 6
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628363
Agent First Name Samantha
Agent Last Name Carver
DOM 78
Tax Year 2026
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Exterior
Road Surface Asphalt
Road Access State
Lot Size Area 10434
Lot Dimensions 74x141
Waterfront Y/N No
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Interior
Fuel Type Electric
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* Excluded Features
List By
Samantha Carver

Listing Agent

Home Team Properties

Broker

scarver@homefinder.org

Email

Affordability Calculator

$1,613
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
1236904 Elementary School
1236321 Middle School
Owen Valley High School High School
Pricing History
DatePricePrice ChangeDescription
7/15/2026$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 0.22. 470 W Morgan Street has 0.0 baths. The property's zip code is 47460 which is in Spencer, IN