Skip to content

2 W Porter Ridge Road

Spencer, IN 47460

ActiveListed Dec 3, 2025 · 4 days on market

Key facts

Lot
58.16 acres
Type
Land · Farm
MLS #
22075604
County
Owen
Subdivision
No Subdivision

About this home

Here's a rare opportunity to own some beautiful acreage that would make for a great country homesite, getaway place or a hunting/recreational property. Property is in a good location out in the country. This land is located near the Owen/Greene County line and is conveniently located only 15 minutes from Spencer and less than 30 minutes from Bloomington or Bloomfield, enjoy all that country life has to offer but still only a short drive to town or work. Property has a gravel road leading back to the property. A selective timber harvest was recently done and has added some nice trails for easily getting around the property and enjoying the sounds of nature. There is a great buildable location on the property for a country home or getaway cabin. County water, electric and fiber are available at the main road and could be run back to the property. A few ponds were recently constructed that provide a scenic area to relax at, enjoy fishing and provide a water source for the wildlife. This area is home to an abundance of wildlife. This ground provides good opportunities for deer, turkey, small game and morel mushroom hunting. There are also 4 other separate split tracts being offered for sale, see maps for different tracts. Opportunities like this seldom come along.

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Zoning
58.16

Schools

Middle school
Owen Valley Middle School
High school
Owen Valley Community High School
School district
Spencer-Owen Community Schools

Taxes

Tax year
2024

Estimate your monthly payment

$2,240per month, estimated
Principal and interest $1,814Property tax $300Insurance $126
20% · $71,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax at 1.0% of price (Indiana homestead-capped at 1%), homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

Talk to a lender we trust
Talk to Roots

Want us to run the numbers with you?

Book a consultation and a Roots agent will help you pressure-test the payment, repairs, resale, and rent.

Listed at$359,900
Talk to Roots

Ready to plant roots in Indianapolis?

Book a consultation and a Roots agent will help you turn the next move into a real plan.