$124,900

5 Th Ave Spencer, IN 47460

Estimated payment $677/month

Total Views 5,659
1.54 Acres
$81,104 Price per Acre
67,082 Sq Ft Lot

About This Lot

Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy's and O'Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.

Listing Agent

Chris Wesley

RE/MAX Select Associates, Inc. Brokerage Email: cwesley@homefinder.org License #RB14024437 Listed on: 05/13/2025

RE/MAX Select Associates, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $182

Lot Details

  • 1.54 Acre Lot

Schools

  • Spencer Elementary School
  • Owen Valley Middle School
  • Owen Valley Community High School

Listing and Financial Details

  • Tax Lot 60-10-20-300-400.166-028
  • Assessor Parcel Number 601020300400166028

Property Details

Property Type

Land

Est. Annual Taxes

$182

Lot Details

0

Listing Details

  • Type: Sngl Detach
  • Property Sub Type: Commercial Land
  • Property Type: Land
  • New Construction: No
  • Tax Year: 2024
  • Lot Size Acres: 1.54
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • MBR_AttributionContact: cwesley@homefinder.org
  • Attribution Contact: cwesley@homefinder.org
  • Special Features: None

Exterior Features

  • List Price: 124900
  • Other Structures: Not Applicable
  • Topography: Not Applic
  • Road Access: Frontage Road
  • Water: Municipal Water Near By

Utilities

  • Sewer: Municipal Sewer Near
  • Solid Waste: No

Schools

  • Middle Or Junior School: Owen Valley Middle School

Lot Info

  • Additional Parcels: No
  • Development Status: Finished Lot(s)
  • Horse Amenities: None
  • Lot Size Sq Ft: 67082
  • Parcel Number: 601020300400166028
  • Zoning: BLM
  • Acres: 1-3 Acres
  • Land Characteristics: City
  • Present Zoning: Commercial
  • Price Acre: 81104
  • Soil Type: Not Applic
  • Divisible: No

Tax Info

  • Tax Annual Amount: 182
  • Tax Lot: 60-10-20-300-400.166-028
  • Semi Annual Property Tax Amt: 91

MLS Schools

  • Elementary School: Spencer Elementary School
  • High School: Owen Valley Community High School

Map

Range of Values:

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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

Tax History

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 $182 $8,300 $8,300 $0
2023 $194 $8,300 $8,300 $0
2022 $205 $8,300 $8,300 $0
2021 $211 $8,300 $8,300 $0
2020 $212 $8,300 $8,300 $0
2019 $219 $8,300 $8,300 $0
2018 $221 $8,300 $8,300 $0
2017 $234 $9,100 $9,100 $0
2016 $226 $9,100 $9,100 $0
2014 $234 $9,100 $9,100 $0
2013 -- $9,100 $9,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 For Sale $124,900 -- --
Source: MIBOR Broker Listing Cooperative®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $9,600 --
Source: Public Records

Source: MIBOR Broker Listing Cooperative®

MLS Number: 22038617

MIBOR Broker Listing Cooperative®

APN: 60-10-20-300-400.166-028