$54,900

127 Walnut St Spencer, IN 47460

Estimated payment $365/month

Total Views 12,899
0.37 Acre
$148,378 Price per Acre
16,117 Sq Ft Lot

About This Lot

Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you're well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people who live there. Life at Four Oaks is about enjoying a slower pace and a stronger sense of connection. Residents have access to a private lake with a scenic walking trail, a neighborhood dog park, a welcoming community clubhouse, sidewalks, and open green spaces that encourage time outdoors. Conveniently located just minutes from schools, shopping, and local dining and a short drive to Bloomington, this setting offers the perfect balance of peaceful living and everyday convenience. Put down roots, enjoy the surroundings, and build the home you've always envisioned at 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

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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®