$130,000

5554 Patricksburg Rd Spencer, IN 47460

Estimated payment $782/month

Total Views 9,489
14 Acres
$9,286 Price per Acre
609,840 Sq Ft Lot

About This Lot

Explore the possibilities with this expansive 14-acre farm lot located in the heart of rural Owen County! Situated along Patricksburg Rd in Spencer, IN, this prime piece of agricultural land offers the perfect setting for your dream homestead, farming operation, or country getaway. The property features open, tillable acreage ideal for crops, livestock, or pasture use, with electric and water facilities readily available at the road—making development and utility setup a breeze. Whether you're looking to build your dream home, start a farm, or invest in land with great potential, this parcel offers a peaceful rural lifestyle surrounded by natural beauty and open skies. Don’t miss out on this rare opportunity to own versatile farmland in a quiet, scenic setting—just a short drive from Spencer and local amenities. This property can be purchased as a package with lising #202523280 for a total of 34.65 acres

Listing Agent

Vince Ferguson

Mark Dietel Realty, LLC Brokerage Email: offers@markdietel.com Listed on: 06/18/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $950

Lot Details

  • 14 Acre Lot
  • Lot Dimensions are 825x740
  • Property fronts a county road
  • Property fronts an easement
  • Rural Setting
  • Finished Lot(s)
  • Subdivision Possible

Parking

  • Driveway

Schools

  • Patricksburg Elementary School
  • Owen Valley Middle School
  • Owen Valley High School

Farming

  • Agricultural

Listing and Financial Details

  • Assessor Parcel Number 60-11-29-100-100.000-022

Property Details

Property Type

Land

Est. Annual Taxes

$950

Lot Details

0

Listing Details

  • Class: LOTS AND LAND
  • Property Sub Type: Agricultural Land
  • Legal Description: Ne Ne S29 T10 R4 14A
  • Parcel Number ID: 60-11-29-100-100.000-022
  • Platted: Yes
  • Location: Rural
  • Road Access: County
  • Road Surface: Asphalt
  • Parcel Description: Partially Wooded, Slope, Pasture
  • Can Be Subdivided: Yes
  • Type Use: Agriculture
  • Year Taxes Payable: 2024
  • Special Features: None

Exterior Features

  • Road Frontage: County

Utilities

  • Water Utilities: Public
  • Electricity Type: Available

Schools

  • School District: Spencer-Owen Community Schools
  • Elementary School: Patricksburg
  • Middle School: Owen Valley
  • High School: Owen Valley
  • Elementary School: Patricksburg

Lot Info

  • Lot Dimensions: 825x740
  • Estimated Lot Sq Ft: 609840
  • Estimated Lot Size Acres: 14
  • Easements: Yes

Tax Info

  • Annual Taxes: 950

MLS Schools

  • High School: Owen Valley
  • Middle School: Owen Valley
  • School District: Spencer-Owen Community Schools

Map

Range of Values:

Collateral Analytics

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ICE

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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 $950 $73,000 $28,500 $44,500
2023 $992 $71,300 $27,100 $44,200
2022 $960 $64,300 $25,600 $38,700
2021 $951 $56,100 $24,800 $31,300
2020 $903 $54,000 $22,800 $31,200
2019 $938 $52,600 $21,200 $31,400
2018 $920 $51,200 $21,400 $29,800
2017 $901 $51,100 $22,200 $28,900
2016 $823 $46,400 $22,600 $23,800
2014 -- $45,800 $22,800 $23,000
2013 -- $43,600 $21,900 $21,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2025 06/18/25 For Sale $130,000 -- --
Source: Indiana Regional MLS

Purchase History

Date Type Sale Price Title Company
Personal Reps Deed -- First American Title
Source: Public Records

Source: Indiana Regional MLS

MLS Number: 202523310

Indiana Regional MLS

APN: 60-11-29-100-100.000-022