$54,900
NEW CONSTRUCTION

127 Walnut Radial Spencer, IN 47460

Estimated payment $368/month

0.37 Acre
$148,378 Price per Acre
16,117 Sq Ft Lot

Highlights

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

About This Lot

Imagine building your forever home on this beautiful, level .37 -acre lot at 127 Walnut Road in Four Oaks! With utilities and fiber internet available, you’ll have a smooth start to your custom build. And with build-to-suite opportunity and with no spec homes allowed, you’ll enjoy a neighborhood of well-crafted, intentional homes—built just for the families who live here. Life in Four Oaks is all about slowing down and enjoying your surroundings. Take advantage of private lake access with a scenic walking trail, a neighborhood dog park, a welcoming community clubhouse, sidewalks, and lush green spaces that invite you to get outdoors and connect. Just minutes from schools, local dining, shopping, and a short trip to Bloomington, this location delivers peaceful living with everyday convenience. Plant your roots, breathe a little deeper, and build a home you’ll love in Four Oaks.

Listing Agent

Rob Ranard

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

Property Details

Property Type

  • Land

Lot Details

  • 0.37 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 60-10-26-300-370.134-027

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 SD Ph 1 Lot 34 .370A
  • Parcel Number ID: 60-10-26-300-370.134-027
  • 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: City
  • Electric Company: South Central REMC
  • Gas Company: Community NatGas(Spencer)
  • Water Company: BBP
  • Electricity Type: Available
  • Fuel Type: Gas
  • Sewer Type: City

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: 16117
  • Estimated Lot Size Acres: 0.37
  • Lot Number: 34
  • 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: 202543242

Indiana Regional MLS