127 Walnut St Spencer, IN 47460
Spencer AreaEstimated payment $381/month
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
HOME TEAM Properties Brokerage Email: rranard@homefinder.org License #RB14029100 Listed on: 10/27/2025
Property Details
Property Type
- Land
Lot Details
- 16,117 Sq Ft 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
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $17,315 | $225,900 | $25,619 | $200,281 |
| 2023 | $16,816 | $202,929 | $23,014 | $179,915 |
| 2022 | $15,818 | $184,783 | $20,956 | $163,827 |
| 2021 | $15,128 | $174,028 | $19,736 | $154,292 |
| 2020 | $14,958 | $169,387 | $19,210 | $150,177 |
| 2019 | $14,750 | $165,063 | $18,720 | $146,343 |
| 2018 | $14,320 | $156,950 | $21,068 | $135,882 |
| 2017 | $14,975 | $155,341 | $19,855 | $135,486 |
| 2016 | $15,072 | $147,690 | $18,877 | $128,813 |
| 2013 | -- | $113,687 | $13,750 | $99,937 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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®
MLS Number: 22070410
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