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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.

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 nd the ability to leave a boat on that dock. Don't forget your fishing pole, Locust Lake is well stock man-made lake allowing electric 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 l ake front. HOA does exist, 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: Active
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.