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1 W Porter Ridge Road

Spencer, IN 47460

ActiveListed Sep 9, 2026 · 3 days on market

Key facts

Lot
42.11 acres
Type
Land · Farm
MLS #
22125021
County
Owen
Subdivision
No Subdivision

About this home

Rare opportunity to own some acreage that would make for a great country homesite or getaway place. 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 good road frontage off of Porter Ridge Rd. 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. A big bonus is county water, electric and fiber are already available to the main road. Another huge bonus, this tract has a 1.5+/- acre lake to enjoy relaxing around and fishing at. 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
42.11

Schools

School district
Spencer-Owen Community Schools

Taxes

Tax year
2025

Estimate your monthly payment

$1,860per month, estimated
Principal and interest $1,507Property tax $249Insurance $105
20% · $59,780
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.

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Listed at$298,900
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