$54,900
NEW CONSTRUCTION

125 Walnut St Spencer, IN 47460

Estimated payment $370/month

0.38 Acre
$142,969 Price per Acre
16,727 Sq Ft Lot

Highlights

  • Pier or Dock
  • 0.38 Acre Lot
  • Home to be built
  • Access To Lake
  • Private Streets

About This Lot

Welcome home to 125 Walnut Road, where your vision for a custom home can come to life in Four Oaks! This level .384-acre lot offers an ideal build site with city utilities and fiber internet available and the flexibility of a build-to-suit opportunity— spec homes not permitted, ensuring pride of ownership throughout the neighborhood. Four Oaks is a place where neighbors become friends and everyday living feels easier. Enjoy exclusive amenities including a private dog park, peaceful lake access with a walking trail, a community clubhouse, sidewalks, and open green spaces perfect for fresh air and relaxation. Located just minutes from town conveniences and an easy drive to Bloomington, this growing community offers the perfect mix of nature, neighborhood, and nearby amenities.

Listing Agent

Rob Ranard

Home Team Properties Brokerage Phone: 844-821-6051 Listed on: 10/24/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.38 Acre Lot
  • Property fronts a county road
  • Private Streets
  • Rural Setting
  • Finished Lot(s)

HOA Fees

  • $25 Monthly HOA Fees

Home Design

  • Home to be built
  • Planned Development

Schools

  • Mccormicks Creek Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 60-10-26-300-370.133-027

Community Details

Overview

  • Four Oaks Subdivision
  • The community has rules related to covenants, conditions, and restrictions, building or community restrictions

Recreation

  • Pier or Dock
  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Residential Land
  • Legal Description: Four Oaks SD Ph 1 Lot 33 .384A
  • Parcel Number ID: 60-10-26-300-370.133-027
  • Platted: Yes
  • Location: Subdivision, Rural
  • Planned Unit Dev: Yes
  • Road Access: Private
  • Road Surface: Gravel
  • Parcel Description: Level, Planned Unit Development, 0-2.9999
  • Restrictions: Restrictions, Sidewalk Required, SqFt Restrictions, Building Restrictions, Covenants
  • Options: Sell Entirely, Will Build to Suit
  • Platted Development: Yes
  • Type Use: Residential
  • Special Features: None

Exterior Features

  • Water Features: Pier/Dock Available, Walk to Lake Access
  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: Public

Condo/Co-op/Association

  • Association Fees: 300
  • Association Fees Frequency: Annually

Schools

  • Elementary School: Mccormicks Creek

Lot Info

  • Lot Dimensions: Irregular
  • Estimated Lot Sq Ft: 16727
  • Estimated Lot Size Acres: 0.384
  • Lot Number: 33
  • Easements: Yes

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2025 10/24/25 For Sale $54,900 -- --
Source: Indiana Regional MLS

Source: Indiana Regional MLS

MLS Number: 202543236

Indiana Regional MLS