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  • $125,000

    5554 Patricksburg Rd, Spencer, IN 47460

    --beds
    --baths
    14Acres
    Unimproved Land, Farm
    Built in ----
    14 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,204 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,204/mo

    Zestimate® history
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    What's special

    Explore the possibilities with this expansive 14-acre farm lot located in the heart of rural Owen County! Situated along Patricksburg Rd in Spencer, IN, this prime piece of agricultural land offers the perfect setting for your dream homestead, farming operation, or country getaway. The property features open, tillable acreage ideal for crops, livestock, or pasture use, with electric and water facilities readily available at the road-making development and utility setup a breeze. In addition to its agricultural potential, the lot includes a serene pond, wooded areas, and a natural spring, enhancing its charm and offering a diverse landscape for both recreation and relaxation. Whether you're looking to build your dream home, start a farm, or invest in land with great potential, this parcel offers a peaceful rural lifestyle surrounded by natural beauty and open skies. Don't miss out on this rare opportunity to own versatile farmland in a quiet, scenic setting just a short drive from Spencer and local amenities.

    Zillow last checked: 7 hours ago

    Listing updated: March 02, 2026 at 07:48am

    Listing Provided by:

    Vincent Ferguson 317-710-9294,

    Mark Dietel Realty, LLC

    Bought with:

    Vincent Ferguson

    Mark Dietel Realty, LLC

    Source: MIBOR as distributed by MLS GRID,MLS#: 22045439MLS Logo

    Facts & features

    Property

    Lot
    • Size: 14 Acres
    • Features: Rural - Not Subdivision, Mature Trees, Rural, Wooded
    • Topography: Pasture,Sloping,Wooded
    Details
    • Parcel number: 601129100100000022
    • Zoning: Agricultural
    • Zoning description: Agricultur
    • Horse amenities: None

    Utilities & green energy

    • Water: Municipal Water on Site

    Community & neighborhood

    Location
    • Region: Spencer
    • Subdivision: No Subdivision

    Other

    Other facts
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    2/27/2026Sold$125,000-3.8%
    Source: MIBOR as distributed by MLS GRID #22045439 Report a problem
    12/1/2025Pending sale$129,900
    Source: MIBOR as distributed by MLS GRID #22045439 Report a problem
    9/15/2025Price change$129,900-0.1%
    Source: IRMLS #202523310 Report a problem
    6/18/2025Listed for sale$130,000
    Source: MIBOR as distributed by MLS GRID #22045439 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$992 +3.3%$73,000 +2.4%
    2023$960 +0.9%$71,300 +10.9%
    2022$951 +5.4%$64,300 +14.6%

    Find assessor info on the county website

    Neighborhood: 47460

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.