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$44,500   Price Analysis
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Locust Lake Dr Lot 34
Spencer, IN 47460
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.95 acre lot.
Listed 2024-04-04, HOA $25
Ⓧ USDA Ineligible
due to property

near Spencer

If you have been wanting to build your dream home on t he lake here is your chance!

A rare buildable lot on this private peaceful lake. Locust Lake is electric motor but well stocked with fish so Bring your boat and fishing gear and your building ideas quickly as this won't lst long.

This property has a well and had previously been approved for a septic years ago. Electricity is available at the road. HOA does exist.


Presented by Amy Highfield at
RE/MAX Select Associates, Inc.


Property MLS #202411144 from IRMLS

Water Body Name: Locust Lake
Lake
Waterfront Feet: 127

Lot Description: Corner, Irregular, Lake, Partially Wooded, Slope, Waterfront, Rolling, 0-2.9999, Water View
Lot Size Acres: 0.95
Lot Size Dimensions: Irregular
Lot Size Square Feet: 41382

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

Association: Yes
Association Fee: 300
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 25

Elementary School: Spencer
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 7.4 miles away.
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Gosport Elementary School is a public elementary school located approximately 6.5 miles away.
directions icon Map directions

Owen Valley Middle School is a public middle school located approximately 7.4 miles away.
directions icon Map directions

Annual Tax Amount: 52.88
Source Listing Status: Active
County: Owen County
Directions: Take Hwy 231 S from Cloverdale or N from Spencer. Turn onto Locust Lake Rd (Across from Hudson Hill Rd). Turn Right onto Locust Lake Dr and then right onto Locust Lake Dr East. Lot is Marked with Sign off the Rd on Lake Side just North of 7289
Tax Year: 2023
Restrictions: Building Restrictions, Covenants
Source Property Type: LOTS AND LAND
Possible Use: Residential, Recreational
Source Neighborhood: Locust Lake
Property Location: Lake
Subdivision: Locust Lake
Township: Montgomery
Property Subtype: Residential Land
Lot Number: 34
Source System Name: C2C

Price Changed 2024-05-13
$44,500
IRMLS
Listed 2024-04-04
$49,900
IRMLS

Well
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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.