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This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.

3 Beds ⋅ 2 Baths ⋅ 202603470 MLS ⋅ 1,500 SqFt. ⋅ Ronita Walcott

This ranch home offers a functional single-story layout with solid structural foundation. The property presents an opportunity for those seeking straightforward, accessible living space. This property presents a compelling investment opportunity with three bedrooms and one bathroom, situated on a private wooded lot with rolling hills views. The home offers substantial potential for value creation through strategic renovations and updates, making it ideal for investors or buyers seeking a project with strong upside potential. The private wooded setting provides natural seclusion and tranquility, while the rolling hills views add scenic beauty that enhances the property's inherent appeal. This combination of privacy and vistas creates a desirable foundation that cannot be easily replicated in more developed areas. The established lot characteristics and scenic backdrop offer lasting value that will complement future improvements. For those looking to build equity through renovation, this home provides solid bones in a naturally attractive setting, positioning it well for transformation into a standout property in the neighborhood. Schedule your tour today to see this ranch home's good bones and explore the possibilities this property and location have to offer. Seller required the property to be on the market for a full 7 days before reviewing any offers.

1120 Cedar Ln, Spencer

Listing courtesy of Ronita Walcott from Evergreen Real Estate & Auctions. Cell: 812-327-6201

Selling Office: Keith Realty & Auction Group.

$92,000

3 acre Hobby Farm waiting for your touch with fenced in pastures and a two stall barn. Older 2 bedroom single wide trailer. Water, Electric and septic on site. Bring your imagination and make it yours.

2 Beds ⋅ 2 Baths ⋅ 202621446 MLS ⋅ 896 SqFt. ⋅ Darren Gilmore

3 acre Hobby Farm waiting for your touch with fenced in pastures and a two stall barn. Older 2 bedroom single wide trailer. Water, Electric and septic on site. Bring your imagination and make it yours.

3149 Horse Farm Dr, Spencer

Listing courtesy of Darren Gilmore from CK Realty Homes. cell: 812-709-0859

Selling Office: CK Realty Homes.

$85,000

Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential utilities nearby, this parcel provides a convenient starting point for those looking to build or invest in land in the area. Enjoy the flexibility to develop the property to suit your needs while taking advantage of available infrastructure.

202606860 MLS ⋅ Trent Keith

Opportunity to own a 1.042 acre, m/l parcel of land located in Owen County, with access to natural gas, city water, and electricity, making it well-suited for a variety of potential uses. Property is located on the corner of a busy traffic area, just East of Dollar General and offers a clean slate of possibilities! The property will require installation of a septic system. With essential utilities nearby, this parcel provides a convenient starting point for those looking to build or invest in land in the area. Enjoy the flexibility to develop the property to suit your needs while taking advantage of available infrastructure.

00 Concord Rd, Spencer

Listing courtesy of Trent Keith from Keith Realty & Auction Group. Office: 812-714-8250

Selling Office: RE/MAX Acclaimed Properties.

$66,000

Escape to the peace and privacy of this beautiful 7.51-acre wooded property, conveniently located just 4 miles south of Spencer and only 1.5 miles west of State Highway 43. With approximately 535 feet of county road frontage and paved roads leading to the property, access is easy while still offering a secluded, country setting. The property is heavily wooded, providing an ideal location for a future home, weekend retreat, or recreational getaway. Existing improvements include a well and electric service already on the property, making it even easier to begin your plans. Whether you're looking to build, camp, or simply enjoy nature, this acreage offers a wonderful opportunity in a desirable location.

202629713 MLS ⋅ Chris Wesley

Escape to the peace and privacy of this beautiful 7.51-acre wooded property, conveniently located just 4 miles south of Spencer and only 1.5 miles west of State Highway 43. With approximately 535 feet of county road frontage and paved roads leading to the property, access is easy while still offering a secluded, country setting. The property is heavily wooded, providing an ideal location for a future home, weekend retreat, or recreational getaway. Existing improvements include a well and electric service already on the property, making it even easier to begin your plans. Whether you're looking to build, camp, or simply enjoy nature, this acreage offers a wonderful opportunity in a desirable location.

702 Johnson Rd, Spencer

Listing courtesy of Chris Wesley from RE/MAX Select Associates, Inc.. Offc: 812-828-5310

Selling Office: NonMember BL.

$54,000

Build your dream home at 500 Red Maple Road in the welcoming Four Oaks subdivision! This .38 level lot is the perfect blank canvas with city utilities and fiber internet available, making it easy to start your custom build. With no spec homes allowed, you’ll enjoy a neighborhood of well-crafted, intentional homes. Builder will build to suit, creating a home that fits your lifestyle and vision. Four Oaks is thoughtfully designed for connection, comfort, and outdoor enjoyment. Neighborhood amenities include a private dog park, lake access with a scenic walking trail, a community clubhouse, sidewalks, that inspire morning walks, evening gatherings, and friendly hellos. Ideally located just minutes from town conveniences, schools, local restaurants, and an easy drive to Bloomington, Four Oaks offers that perfect blend of small-town charm and everyday accessibility. Come plant your roots in Four Oaks—where community, comfort, and future memories begin.

202627890 MLS ⋅ Samantha Carver

Build your dream home at 500 Red Maple Road in the welcoming Four Oaks subdivision! This .38 level lot is the perfect blank canvas with city utilities and fiber internet available, making it easy to start your custom build. With no spec homes allowed, you’ll enjoy a neighborhood of well-crafted, intentional homes. Builder will build to suit, creating a home that fits your lifestyle and vision. Four Oaks is thoughtfully designed for connection, comfort, and outdoor enjoyment. Neighborhood amenities include a private dog park, lake access with a scenic walking trail, a community clubhouse, sidewalks, that inspire morning walks, evening gatherings, and friendly hellos. Ideally located just minutes from town conveniences, schools, local restaurants, and an easy drive to Bloomington, Four Oaks offers that perfect blend of small-town charm and everyday accessibility. Come plant your roots in Four Oaks—where community, comfort, and future memories begin.

500 Red Maple Rd, Spencer

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

Selling Office: Home Team Properties.

$49,500

Create the home you've always dreamed of in the inviting Four Oaks subdivision. This level 0.328 acre lot is an ideal starting point for a custom build.

202634962 MLS ⋅ Samantha Carver

Create the home you've always dreamed of in the inviting Four Oaks subdivision. This level 0.328 acre lot is an ideal starting point for a custom build.

718 White Oak Rd, Spencer

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

Selling Office: Home Team Properties.

$49,500

Create the home you’ve always dreamed of at 124 Walnut Road in the inviting Four Oaks subdivision! This level .275-acre lot offers an ideal starting point for a custom build, complete with city utilities and fiber internet available for a smooth building process.

202634890 MLS ⋅ Samantha Carver

Create the home you’ve always dreamed of at 124 Walnut Road in the inviting Four Oaks subdivision! This level .275-acre lot offers an ideal starting point for a custom build, complete with city utilities and fiber internet available for a smooth building process.

124 Walnut Rd, Spencer

Listing courtesy of Samantha Carver from Home Team Properties. Office: 844-821-6051

Selling Office: Home Team Properties.

$42,000

5 acres waiting for you to build your dream home. Located in Eastern Owen County, about 10 minutes west of Hartstrait Road, Bloomington, this parcel of land offers serene country living with close proximity to Spencer, Ellettsville, and Bloomington.

202612811 MLS ⋅ Jill Smith

5 acres waiting for you to build your dream home. Located in Eastern Owen County, about 10 minutes west of Hartstrait Road, Bloomington, this parcel of land offers serene country living with close proximity to Spencer, Ellettsville, and Bloomington.

Tbd White Rd, Spencer

Listing courtesy of Jill Smith from Quality Realty & Development. Cell: 812-360-6880

Selling Office: Beyers Realty.

$30,500

Two and a half secluded acres in Park Hill Estates, right across from McCormick's Creek Park and just minutes from Highway 46 for an easy morning commute. This is one of the last available lots in this peaceful, private neighborhood. The property comes with a completed soil survey and septic locations already staked out, ready for your dream home. Please do not walk the property without an agent

202631660 MLS ⋅ Nicole Stanley

Two and a half secluded acres in Park Hill Estates, right across from McCormick's Creek Park and just minutes from Highway 46 for an easy morning commute. This is one of the last available lots in this peaceful, private neighborhood. The property comes with a completed soil survey and septic locations already staked out, ready for your dream home. Please do not walk the property without an agent

Park Hill Dr, Spencer

Listing courtesy of Nicole Stanley from RE/MAX Cornerstone. Office: 765-720-2755

Selling Office: RE/MAX Cornerstone.