127 Walnut Rd

Spencer, IN 47460

$54,900
Price
16,117 / 0.37
Lot Size / Acres

Description

Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you're well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people who live there. Life at Four Oaks is about enjoying a slower pace and a stronger sense of connection. Residents...Picture your future home taking shape on this beautiful, level .37-acre lot at 127 Walnut Road in the Four Oaks community. With utilities and fiber internet available, you're well positioned for a seamless custom build. This build-to-suit opportunity - with no spec homes permitted - ensures a neighborhood filled with thoughtfully designed, well-crafted homes created specifically for the people who live there. Life at Four Oaks is about enjoying a slower pace and a stronger sense of connection. Residents have access to a private lake with a scenic walking trail, a neighborhood dog park, a welcoming community clubhouse, sidewalks, and open green spaces that encourage time outdoors. Conveniently located just minutes from schools, shopping, and local dining and a short drive to Bloomington, this setting offers the perfect balance of peaceful living and everyday convenience. Put down roots, enjoy the surroundings, and build the home you've always envisioned at Four Oaks.
  1. Listed by Robert Ranard • HOME TEAM Properties

Property Details for 127 Walnut Road

Subdivision Name
Four Oaks
Township
Washington
Waterfront
No
Zoning
Residential
LISTING UPDATED: 12/30/2025 10:50 AM

Property Details for 127 Walnut Road

StatusActive
MLS #22070410
Days on Market77
Taxes-
HOA Fees$300 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Residential Lots
Year Built-
Lot Size0.37 AC
CountyOwen County

Location

Listing Courtesy of HOME TEAM Properties
Add your commute

Building Information for 127 Walnut Road

Building Size-Lot Size0.37 AC

Payment Calculator

$293 per month

30 year fixed, 6.15% Interest

Principal and Interest

$268

Property Taxes

$0

HOA Dues

$25

The Payment Calculator is for illustrative purposes only.

Property Information for 127 Walnut Road

Summary
Location and General Information
  • City: Spencer
  • County Or Parish: Owen
  • Directions: GPS Friendly
  • Postal Code: 47460
  • Road Access: County Rd
  • Road Frontage Type: County Road
  • State Or Province: IN
  • Topography: Level
Taxes and HOA Information
  • Attic YN: Yes
  • Association Fee Frequency: Annually
  • Association Fee Includes: Clubhouse, Snow Removal, Walking Trails
  • Association Fee: $300
  • Parcel Number: 601026300370134027
  • Semi Annual Property Tax Amt: 0
  • Tax Exemption: None
  • Tax Year: 2025
  • TaxLot: 601026300370134027
School Information
  • Elementary School: McCormick's Creek Elementary Sch
  • High School: Owen Valley Community High School
  • Middle Or Junior School: Owen Valley Middle School
  • School District: Spencer-Owen Community Schools
Property
Lot Information
  • Acreage: 1/4-1/2 Acre
  • Land Characteristics: Irregular Lot,Platted Subdivision,Rural In Subdivsion
  • Lot Description: Access, Rural - Subdivision
  • Lot Size Square Feet: 16117.0
  • Lot Size Acres: 0.37
  • New Construction: False
  • Other Structures: No Building
  • Soil Type: Not Applic
Property and Assessments
  • Affected by Disclosures: No
  • Development Status: Easements, Plat Recorded
  • Divisible: No
  • DPRYN: No
  • HOA Disclosures: Covenants & Restrictions
  • Legal Subdivision: Four Oaks Sd Ph 1 Lot 34 .370A
  • Ownership Type: Mandatory Fee, Planned Unit Dev
  • Photos Count: 3
  • Present Zoning: Planned Development,Single Family
  • Property Sub Type: Residential Lots
  • Property Type: Land
  • Road Surface Type: Gravel
  • Type: Single Lot,Undeveloped
  • Transaction Type: Sale
Utilities
  • Facilities Near: None
  • Facilities On: Electric,Gas,Sewer,Water
  • Sewer: Public Sewer
  • Solid Waste: No
  • Water: Municipal Water on Site
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Association Amenities: Clubhouse, Snow Removal, Trail(s)
  • Horse Amenities: None

Property History for 127 Walnut Road

DateEvent & SourcePriceAppreciation
Oct 27, 2025

Listed (Active)

MIBORMLS #22070410

$54,900—
DateEvent & SourcePrice
10/27/2025

Listed (Active)

MIBORMLS #22070410

$54,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 127 Walnut Road

This home is within Spencer-Owen Community Schools.
Rating
School
Type
Grades
Distance
Mccormick's Creek Elementary School
Public - K to 6
Owen Valley Middle School
Public - 7 to 8
Owen Valley Community High School
Public - 9 to 12
Spencer Elementary School
Public - PK to 6
Rating
School
Distance
Mccormick's Creek Elementary School
PublicK to 6

Owen Valley Middle School
Public7 to 8

Owen Valley Community High School
Public9 to 12

Spencer Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 127 Walnut Road, Spencer, IN 47460

127 Walnut Road is a 0.37 ac of land for sale in Spencer, IN 47460. This property was listed for sale on October 27, 2025 by HOME TEAM Properties, it's currently listed at $54,900. This listing's school district is Spencer-Owen Community Schools. Nearby schools include Mccormick's Creek Elementary School, Owen Valley Middle School and Owen Valley Community High School. 127 Walnut Road is a 0-bed, 0-bath, 0.37 ac of land on a 16,117 sq. ft. / 0.37 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HOME TEAM Properties

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/11/2026 08:43 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.