7380 Locust Lake W Drive Spencer, IN $ 39,900
7380 Locust Lake W Drive
$ 39,900
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7380 Locust Lake W Drive

Spencer, IN, 47460
$ 39,900
Baths0.0

Monthly Estimate*

$ 239

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Studio

Lots and Land for sale in Spencer, IN

for $39,900. The lot size is 0.56.

Lakefront Property on Locust Lake in Northern Owen County Discover a unique opportunity to own a serene .56-acre lakefront lot in the private community of Locust Lake. This peaceful retreat invites you to bring your fishing poles and explore the natural beauty surrounding you. The property features a permanent 8'x15' shed with an additional 8'x15' deck, perfect for convenient storage and relaxation. A 150' gravel lane leads you to the center of the lot, providing ample parking space. Included in the sale are a pontoon, paddle boat, and kayak rack, making it easy to enjoy the lake. While the property currently has no utilities onsite, REMC electricity and high-speed internet are available within the community. Annual HOA fees are paid in August. This property offers the ideal setting to build your dream home or to enjoy as a recreational getaway. Don't miss this chance to own a slice of tranquility on Locust Lake!

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Lots and Land Active

Price

$ 39,900

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 30

Style

Residential Lots

Lot Size

0.56

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22005894

Features
General
Sewer Not Applicable
Possession Closing
Development Status Not Applicable
Zoning Residential
HOA Fee 415
Topography Wooded
Township Montgomery
Building Design Residential Lots
Tax Year 2023
Waterfront Features Lake Front Dock
Assoc Fee Paid Per Annually
County Owen
New Construction N
Property Type Land
HOA Y
Subdivision Name Locust Lake
Other Structures Shed(s)
Status Active
Directions GPS Friendly
City Spencer
High School District Spencer-Owen Community Schools
MLS Area 6006 - Owen - Montgomery
Lot Size Square Feet 24394
Waterfront Y/N Y
Standard Status Active
Tax Lot 10
Legal Description Locust Lake Lot 10
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Exterior
Lot Size Acres 0.56
Road Surface Type Gravel
Road Frontage Type Private Road
Horse Amenities None
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* Excluded Features
List By
Century 21 Scheetz

Broker

cmauder@c21scheetz.com

Email

Affordability Calculator

$241
Per Month
99%
1%
0%
Monthly Principal & Interest
$239
Monthly Property Taxes
$3
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4046820 Elementary School
4046821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/18/2024$39,900 -11.14% Price Down
10/9/2024$44,900 Listed Price

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7380 Locust Lake W Drive, Spencer, IN, 47460 is a Lots and Land for sale at $39,900 with a lot size of 0.56. 7380 Locust Lake W Drive is a studio with 0.0 baths. The property's zip code is 47460 which is in Spencer, IN