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00 S Cataract South

Spencer, IN 47460

ActiveListed Oct 21, 2026 · 1 day on market

Key facts

Lot
10.42 acres
Type
Land · Farm
MLS #
22132685
County
Owen
Subdivision
No Subdivision

About this home

10.42 ACRES OF ENDLESS POSSIBILITIES! Ready to turn your dreams into reality? This beautiful 10.42-acre property offers the perfect blank canvas to create your own private retreat! Whether you envision a charming log cabin, a spacious multi-generational home, or a stunning modern farmhouse, there's plenty of room to bring your vision to life. Dreaming of a little homestead? Bring your farm animals, plant an expansive garden, or add a picturesque pond to complete your country oasis. With over 10 acres to spread out, enjoy the peace, privacy, and wide-open spaces of rural living without sacrificing convenience. Ideally situated within commuting distance of Indianapolis, Spencer, and Bloomington, this property offers the perfect blend of country charm and accessibility. Bring your imagination and start building the lifestyle you've always dreamed of!

Description provided by the listing brokerage.

Exterior

Other structures
Not Applicable

Systems

Sewer
Not Applicable

Lot and HOA

Lot features
Rural - Not Subdivision
Zoning
Agricultural

Schools

Elementary school
Cloverdale Elementary School
Middle school
Cloverdale Middle School
High school
Cloverdale High School
School district
Cloverdale Community Schools

Taxes

Estimated annual tax
$246 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,233per month, estimated
Principal and interest $1,134Property tax $21Insurance $79
20% · $45,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, 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$225,000
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