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$1,197,000

0 Ponderosa Road Spencer, IN 47460

  • 285.00 Acres
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Property Description
This secluded paradise is an outdoor dream. 285 ACRES of beautiful managed roads, timberland, pasture, 3-4 Acre Lake, running streams, shelter house and homesites for future building. Has 5 wells and electric. Looks and feels like a state park. Shelter house has running water, septic and power w/ large outdoor grill. 30ft picnic table made from lumber on property. Outside bathroom. Overlooks Lake and sits in the center of property. Wooded acres w mature trees for hunting stands and future timber harvest. Property recently timbered select cut and maintained every 10 years. ATV Trails and internal road system. 20 Acres of open ground. Northern Owen County near Cataract Falls. 1 Hour from Indianapolis,35 minutes to Bloomington & Terre Haute.
Address:0 Ponderosa Road Spencer IN 47460
Status:Active
on site: 13 days
Price:$1,197,000
Bathrooms:0
Lot Size:285.00
County: Owen
Township: Jennings
School System : Cloverdale Community
MLS #:21720961
Property Type:Res Lots/Land

Lot Dimensions:285Acres
Road Frontage:SeeRemarks
Road Access:EasementAcc, AccessRd
Road Surface:Gravel
Zoning:Ag
Directions:Indpls to I-70 to Cloverdale exit, South on 231 to S. Cataract Rd, Turn Right and follow to T, turn Right on Ponderosa Rd, Property Entrance is 1.5 miles on Left. NO SIGN on Property, Owner must be present.
Loan Price
$6,860
Price And Interest $6,244/month
Property Tax $117/month
MTG INS $0/month
HOME INS $499/month
Price
$1,197,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$117/month
Home Owner Insurance
$5,988 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
Semi-Annual Property Tax:$700
Tax Year:2020
Financial Disclosures:Not Applicable
Other Disclosures:Other/See Remarks
Area: 6002 - Owen - Jennings
City:Spencer
Subdivision: NO SUBDIVISION
Zip Code:47460
School System:Cloverdale Community
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
Schedule a Video Chat Tour
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Listing provided courtesy of Great Outdoors Properties, LLC.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.