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$20,500   Price Analysis
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E Locust Lake Dr
Spencer, IN 47460
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.84 acre lot.
Listed 2024-04-09, HOA $68
Ⓧ USDA Ineligible
due to property

near Spencer

Two wooded lots located in the Locust Lake community north of Spencer.

* Sale Pending *

Partial views of the water from across the road this property would make a tremendous building site. Owning a lot gives right to the public dock and the ability to leave a boat on that dock. Don't forget your fishing pole, Locust Lake is well stock man-made lake allowing el ectric motorized boating.

Seller has a small fishing boat and trolling motor on the lake that is negotiable. Driveway has been installed. Perk test for septic has been performed and on record to proceed with a septic. Electricity available at the road front and REMC high speed internet is available. Property has a lakeview, it is not lake front. HOA does exst, dues are paid annually in August.


Presented by Corey Mauder at
CENTURY 21 Scheetz.
Listing Agent Photo

Property MLS #202411623 from IRMLS

Water Features: Boat Docking Rights, Assoc

Lot Description: Partially Wooded, Slope, Undeveloped, 0-2.9999
Lot Size Acres: 0.84
Lot Size Square Feet: 36590

Road Access: Private
Road Frontage Type: Private
Road Surface Type: Gravel

Association: Yes
Association Fee: 820
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 68

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

Owen Valley Community High School is a public high school located approximately 0.3 miles away.
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Owen Valley Middle School is a public middle school located approximately 0.3 miles away.
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Spencer Elementary School is a public elementary school located approximately 0.9 miles away.
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La Campagne Christian Prep School is a private elementary, middle and high school located approximately 0.9 miles away.
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Annual Tax Amount: 73.2
Source Listing Status: Pending
County: Owen County
Directions: From Spencer take 231 N for 8.2 miles and turn left on Locust Lake Road. Drive .9 mile and take a slight right turn onto Locust Lake Drive. At the Y take another slight right and the property will be on your right after crossing over the damn.
Restrictions: Restrictions, Covenants
Source Property Type: LOTS AND LAND
Possible Use: Residential
Source Neighborhood: Locust Lake
Subdivision: Locust Lake
Township: Montgomery
Property Subtype: Residential Land
Source System Name: C2C

Price Changed 2024-05-14
$20,500
IRMLS
Listed 2024-04-09
$22,000
IRMLS

Electric: Available
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.