Active

$35,000

732 W Thornridge Way, Spencer, IN 47460

--beds

--baths

0.42Acres

Unimproved Land, Residential Lots

Built in ----

0.42 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Partially cleared wooded lotBeautiful and quiet neighborhood

Motivated Seller!! This partially cleared wooded lot is larger than it appears from the street! The survey is attached for reference. Possibility of building a walk-out home on this serene nearly half acre lot in upscale Thornridge subdivision! So many options with this lot's location! It is less than 30 minutes from the Indiana University campus, 3 minutes to downtown Spencer, and one hour from Indy airport! City water, city sewer, natural gas, and electric are available! A beautiful and quiet neighborhood! No HOA!! Selling as-is.

323 days

50

4

Facts & features

Property

Lot

Size: 0.42 Acres
Features: Platted Subdivision, Rural In Subdivsion, Wooded, Other
Topography: See Remarks

Details

Parcel number: 601030100380130028
Zoning: Residential
Zoning description: Other
Special conditions: As Is
Horse amenities: None

Utilities & green energy

Water: Municipal Water Near By

Community & HOA

Community

Subdivision: Thornridge

Location

Region: Spencer

Financial & listing details

Tax assessed value: $4,200
Annual tax amount: $42
Date on market: 9/10/2025
Cumulative days on market: 502 days
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/6/2026	Price change	$35,000-10.3%
Source: IRMLS #202536536 Report a problem
12/17/2025	Price change	$39,000-13.3%
Source: IRMLS #202536536 Report a problem
9/10/2025	Listed for sale	$45,000
Source: IRMLS #202536536 Report a problem
9/9/2025	Listing removed	$45,000
Source: MIBOR as distributed by MLS GRID #22027207 Report a problem
8/10/2025	Price change	$45,000+12.8%
Source: MIBOR as distributed by MLS GRID #22027207 Report a problem
3/16/2025	Listed for sale	$39,900
Source: MIBOR as distributed by MLS GRID #22027207 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$42 -14.6%	$4,200 +100%
2024	$49 -5.2%	$2,100
2023	$52 -2.9%	$2,100
2022	$53 -0.6%	$2,100
2021	$54 +154%	$2,100
2020	$21 -0.8%	$2,100 +162.5%
2019	$21 +3.6%	$800
2018	$21 +3.7%	$800
2017	$20	$800
2016	$20 -3.8%	$800
2014	$21 +0.3%	$800
2013	$21 -8.1%	$800
2012	$22 +24.2%	$800 -11.1%
2011	$18	$900
2010	$18 +50.1%	$900 +50%
2009	$12 -17.1%	$600
2007	$14 +10.9%	$600
2006	$13	$600

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 47460

Getting around

3 / 100

Car-Dependent

10 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

4/10
Spencer Elementary School
Grades: PK-6Distance: 1.5 mi
7/10
Owen Valley Middle School
Grades: 7-8Distance: 0.9 mi
4/10
Owen Valley Community High School
Grades: 9-12Distance: 0.9 mi

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.