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$299,900 $30,100on 9/4/2024

1650 E State Hwy 46 Highway Spencer, IN  47460

  • 14.50 Acres

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Property Description for 1650 E State Hwy 46 Highway Spencer, IN 47460

Location, Location, Location! 14.19 acres of land on the East side of Spencer with 1200 ft of road frontage right on State Hwy 46. This prime development property has approximately 1.5 acres of flat level land with two access points along State Hwy 46. The balance of the property is heavily wooded with mature timber and scenic views of the foothills of McCormick's Creek State Park and the White River Valley. There is an access road leading down over the hill that circles around the back side of the property where there are several secluded building sites perfect for new homes, for rental cabins or even a campground. This property has a deeded access to River Road, where there is City Water on site and Sewer available. The property does have two wells and two old septic systems (owner cannot guarantee the condition). No part of this property is in the floodplain.

Address:1650 E State Hwy 46 Highway Spencer IN 47460
Status:Active
on site: 148 days
Price:$299,900
Bathrooms:0
Lot Size:14.50
County: Owen County
Township: Washington
School System : Spencer-Owen Community
MLS #:202426756
Property Type:Residential Land

Lot Dimensions:irregular
Directions:Property is located on the South Side of the Highway just past the entrance to McCormicks Creek State Park and before the bridge crossing the White River.

Loan Price
$1,786
Price And Interest $1,564/month
Property Tax $97/month
MTG INS $0/month
HOME INS $125/month
Price
$299,900
Down Payment %
0 %
Down Payment
$0
Property Taxes
$97/month
Home Owner Insurance
$1,500 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
09/04/24 $330,000 $299,900 -9.12%

RoomSizeLevel
Breakfast Room 1200 x null Info Not Available

Semi-Annual Property Tax:$579
Tax Year:2022
Mandatory HOA Fee:$

City:Spencer
Subdivision: None
Zip Code:47460

High School:Owen Valley
Middle School:Owen Valley
Elementary School:Mccormicks Creek

Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Company

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Listing provided courtesy of Debbie Foutch with Owen County Home Company

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 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.





Spencer Market Report

194
Avg. DOM
$174.55
Avg. $ / Sq.Ft.
$ 274,900
Med. List Price

The house prices in Spencer are indeed dropping at the moment. There has been a decrease in price of $77,215.79. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

The housing market and house prices in Spencer are going Down. The average house price is $267,445.00 and the average price per square feet is $171.71 per square feet. At the moment, the amount of homes listed is exactly 160 houses, with 36 with active status, 18 with pending status and 106 sold in Spencer .

The most popular place to buy a home in Spencer is 6010 - Owen - Washington. 6010 - Owen - Washington is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Spencer .

The average amount of property taxes you would have to pay for a home in Spencer is $1,919.00. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Spencer are staying listed for an average of 71 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Spencer was 975 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Spencer is $997,500.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Spencer is $95,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Spencer in year 1906 and the newest built house is in year 2024.

The average size of properties in Spencer is 1908.36 sq.ft. , the biggest one being 4455 sq.ft. and the smaller being 540 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.