$54,900

127 Walnut St Spencer, IN 47460

Estimated payment $369/month

Total Views 4,734
0.37 Acre
$148,378 Price per Acre
16,117 Sq Ft Lot

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 License #RB14029100 Listed on: 10/27/2025

Property Details

Property Type

  • Land

Lot Details

  • 0.37 Acre Lot
  • Rural Setting

HOA Fees

  • $25 Monthly HOA Fees

Schools

  • Mccormick's Creek Elementary Sch
  • Owen Valley Middle School
  • Owen Valley Community High School

Community Details

  • Association fees include clubhouse, snow removal, walking trails
  • Four Oaks Subdivision
  • Property managed by Four Oaks Property Owners Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Tax Lot 601026300370134027
  • Assessor Parcel Number 601026300370134027

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Type: Single Lot,Undeveloped
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2025
  • Lot Size Acres: 0.37
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Subdivision Name: Four Oaks
  • Transaction Type: Sale
  • Special Features: None

Exterior Features

  • Other Structures: No Building
  • Topography: Level
  • Waterfront: No
  • Road Access: County Rd
  • Water: Municipal Water on Site

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Solid Waste: No

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Snow Removal, Trail(s)
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Association YN: Yes
  • Management Company Name: Four Oaks Property Owners Association
  • H O A Disclosures: Covenants & Restrictions

Fee Information

  • Association Fee Includes: Clubhouse, Snow Removal, Walking Trails

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Lot Features: Access, Rural - Subdivision
  • Additional Parcels: No
  • Development Status: Easements, Plat Recorded
  • Horse Amenities: None
  • Lot Size Sq Ft: 16117
  • Parcel Number: 601026300370134027
  • Zoning: Residential
  • Acres: 1/4-1/2 Acre
  • Land Characteristics: Irregular Lot,Platted Subdivision,Rural In Subdivsion
  • Present Zoning: Planned Development,Single Family
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Lot: 601026300370134027
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None

MLS Schools

  • Elementary School: McCormick's Creek Elementary Sch
  • High School: Owen Valley Community High School

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
10/27/2025 10/27/25 For Sale $54,900 -- --
Source: MIBOR Broker Listing Cooperative®

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22070410

MIBOR Broker Listing Cooperative®