Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy's and O'Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.
Active
$57,500
5th Ave, Spencer, IN 47460
--beds
--baths
1.54Acres
Unimproved Land
Built in ----
1.54 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 53 days
- 64
- 1
Zillow last checked:
Listing updated:
Listed by:
Christopher Wesley cwesley@homefinder.org,
RE/MAX Select Associates, Inc.
Source: MIBOR as distributed by MLS GRID,MLS#: 22118229
Facts & features
Property
Lot
- Size: 1.54 Acres
- Features: City
Details
- Parcel number: 601020300400166028
- Zoning: BLM
- Zoning description: Commercial
- Horse amenities: None
Utilities & green energy
- Water: Municipal Water Near By
Community & HOA
Community
- Subdivision: No Subdivision
Location
- Region: Spencer
Financial & listing details
- Tax assessed value: $61,600
- Annual tax amount: $1,238
- Date on market: 8/4/2026
- Cumulative days on market: 12 days
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2026 | Listed for sale | $57,500 |
Source:  MIBOR as distributed by MLS GRID #22118229 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $182 -6.5% | $61,600 +642.2% |
| 2024 | $194 -5.2% | $8,300 |
| 2023 | $205 -2.9% | $8,300 |
| 2022 | $211 -0.6% | $8,300 |
| 2021 | $212 -3.2% | $8,300 |
| 2020 | $219 -0.8% | $8,300 |
| 2019 | $221 -5.5% | $8,300 |
| 2018 | $234 +3.7% | $8,300 -8.8% |
| 2017 | $226 | $9,100 |
| 2016 | $226 -3.8% | $9,100 |
| 2014 | $235 +0.3% | $9,100 |
| 2013 | $234 -8.1% | $9,100 |
| 2012 | $254 -9.8% | $9,100 -35.5% |
| 2011 | $282 +0% | $14,100 |
| 2010 | $282 -0.7% | $14,100 -0.7% |
| 2009 | $284 -13.5% | $14,200 +4.4% |
| 2007 | $328 +13.5% | $13,600 +2.3% |
| 2006 | $289 | $13,300 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 47460
Nearby schools
Schools provided by the listing agent
- Elementary: Spencer Elementary School
- Middle: Owen Valley Middle School
- High: Owen Valley Community High School
Source: MIBOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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