$656,000
$640,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
82.03 Acres Lot
SOLD DATE : 11/03/2025
Key Details
Sold Price $656,000
Property Type Vacant Land
Sub Type Farm
Listing Status Sold
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22071781
Sold Date 11/03/25
HOA Y/N No
Tax Year 2024
Lot Size 82.026 Acres
Acres 82.026
Property Sub-Type Farm
Property Description
This property in Owen County, Indiana presents a significant opportunity for agricultural, commercial, residential or mixed-use development. The tract is characterized by large areas of tillable land, offering productive open acreage suited for crop production or other agricultural ventures. In addition, the property features frontage along a state road, ensuring visibility and ease of access. Multiple access points further enhance the flexibility of ingress/egress and potential subdivision or phased development. Situated a short drive from the town of Spencer (the county seat of Owen County) - which provides local amenities, services and connectivity - this site combines rural land advantages with accessibility to nearby hubs. The combination of productive open ground, road frontage and access infrastructure supports a range of uses: continuing as tillable farmland, developing as an agribusiness operation (such as equipment storage, grain handling, or service facility), establishing a residential component, or positioning for commercial or light industrial use given the road visibility. Utilities and infrastructure may be extended given the state-road adjacency and access points. The terrain is primarily open and workable, which reduces site preparation cost and effort. The openness of the tract means that clearing is minimal and site layout options are broad. Road frontage offers not only access but also branding and signage opportunities for a commercial use. The multiple access points also provide flexibility in traffic flow, separating public and private entrances if desired. The geographic setting in Owen County situates the property within a rural, agricultural region of south-central Indiana that retains strong connectivity to regional markets while offering a quieter land base. The county has a history of agricultural production and natural resource-based operations.
Location
State IN
County Owen
Zoning Ag
Interior
Fireplace N
Building
Sewer Septic Needed
New Construction false
Schools
Middle Schools Owen Valley Middle School
High Schools Owen Valley Community High School
School District Spencer-Owen Community Schools
Others
Acceptable Financing Sell Entity
Listing Terms Sell Entity
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