Find us on Google+ 7477 Locust Lake Road, Spencer, IN 47460 | MLS 201609848 | Listing Information | Carpenter Realtors
nav_1_off
nav_4_off
nav_2_off
nav_8_off
nav_9_off
nav_7_off

7477 Locust Lake Road,

Spencer IN, 47460 (Active)
$139,900
|
|
MLS# 201609848
Skip Slideshow
Last Updated: 12/6/2016 2:10 AM
Description for 7477 Locust Lake Road Spencer, IN 47460
This is a must-see remarkable 10 acres of land, alongside a 50 x 62 barn! The square footage noted in the unfinished above grade does not include an area that is covered for implement storage and is an additional 744 square feet in size (see pictures). This unique property offers buyers the ultimate secluded, yet conveniently located property. The spacious barn has a partial loft, electric, 6 x 6 post construction, shingled roofing and metal siding. The land is classified forest and the transfer can be renewed (or not) for new buyers. This transfer offers buyers a significant tax break! The 10 acres being sold are being taken out of a larger tract so a new survey and legal description will be furnished to the new owner. The new owner can select the 10 acres to be sold and the acreage conveyed to the new owner can have all pasture or all woods or a combination of both. Great opportunity to a new owner. The buyer can construct a new home on the property or perhaps convert the barn currently on the property to a residence. The possibilities are endless. Weddings and other family events have already been conducted in the barn by the current owner. SPECIAL NOTE: the MLS system requires that a half bath must have a number in the blank space so we have entered the number 1, however, this listing does not have a bath of any kind. The MLS contractor is trying to correct this input error. ***Update: Seller is also willing to sell barn + 20 acres for $200,000.00!!***
Price
$139,900
Owen County
201609848
Active
Description
This is a must-see remarkable 10 acres of land, alongside a 50 x 62 barn! The square footage noted in the unfinished above grade does not include an area that is covered for implement storage and is an additional 744 square feet in size (see pictures). This unique property offers buyers the ultimate secluded, yet conveniently located property. The spacious barn has a partial loft, electric, 6 x 6 post construction, shingled roofing and metal siding. The land is classified forest and the transfer can be renewed (or not) for new buyers. This transfer offers buyers a significant tax break! The 10 acres being sold are being taken out of a larger tract so a new survey and legal description will be furnished to the new owner. The new owner can select the 10 acres to be sold and the acreage conveyed to the new owner can have all pasture or all woods or a combination of both. Great opportunity to a new owner. The buyer can construct a new home on the property or perhaps convert the barn currently on the property to a residence. The possibilities are endless. Weddings and other family events have already been conducted in the barn by the current owner. SPECIAL NOTE: the MLS system requires that a half bath must have a number in the blank space so we have entered the number 1, however, this listing does not have a bath of any kind. The MLS contractor is trying to correct this input error. ***Update: Seller is also willing to sell barn + 20 acres for $200,000.00!!***
Listing Information
Property Type: Land
10 Acres
No Sewer
Neighborhood
School Information
District: Cloverdale Community Schools
CLOVERDALE CLOVERDALE CLOVERDALE
Room Information
Exterior / Lot Features
IRREGULAR
Agricultural, City Road, Country Road, Gravel Road, Partial Wood
Driving Directions
From Bloomington, take IN 46 W to Spencer. Turn R on 231/67 North. Stay on Stay on highway 231 N to Locust Lake Rd.( 8.3 miles). Turn west on Locust Lake Rd. for 1.6 miles. Property is on the west side of road. Watch for sign.
Financial Considerations
60-07-07-304-110.00>
$315
Listing Price History

Spencer Real Estate

Spencer is located in Indiana. Spencer, Indiana 47460 has a population of 2,566.

The median household income in Spencer, Indiana 47460 is $32,614. The median household income for the surrounding county is $42,707 compared to the national median of $53,046. The median age of people living in Spencer 47460 is 39.8 years.

Loading nearby sales and history ...
Courtesy: Figg Real Estate Kyla Tosti, Nmsp
Information is provided exclusively for consumers' personal, noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Copyright 2016, Indiana Regional MLS (IRMLS)
Information is deemed reliable but is not guaranteed.

Ask a Question?
Send Now
Start a no spam email conversation
My Drive Time
Enter your work address to view actual drive times with traffic for this property

No    Yes

Calculate & Save Calculating ...
Calculating ...
Here is the weekday INRIX Drive Time from this property to .
Change address       View on map

When you register, you will receive ...

Weekday drive times
Plus all these great features

  • Drive Time calculations that inform you about traffic conditions from the property you are interested in to your place of work, along with driving directions.
  • Automatic Drive Time calculations for every property. Simply enter your work address to start.
  • Access to INRIX Drive Time data that is used by Garmin, Pioneer, Toyota, and many other well-known companies.
  • Other benefits from being a registered user including: saved properties, saved searches, price alerts, notes, direct access to your agent and much more!

Register or login today to take advantage of Drive Time