Escape to the peace and privacy of this beautiful 7.51-acre wooded property, conveniently located just 4 miles south of Spencer and only 1.5 miles west of State Highway 43. With approximately 535 feet of county road frontage and paved roads leading to the property, access is easy while still offering a secluded, country setting. The property is heavily wooded, providing an ideal location for a future home, weekend retreat, or recreational getaway. Existing improvements include a well and electric service already on the property, making it even easier to begin your plans. Whether you're looking to build, camp, or simply enjoy nature, this acreage offers a wonderful opportunity in a desirable location.
Vacant landProperty Type
7.51 acresLot Size
$10,639Price/Acres
Listed by Christopher Wesley• RE/MAX Select Associates, Inc.
Median sale price in this area is $327,455. (310% higher than this home)
PRICE DROP
0 price drops
24% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Interior features
Wooded, mature trees
Rural setting
Exterior features
Approximately 7.51-acre residential lot
Asphalt road frontage on a county road
Electric and water available on site
Well on site
Septic needed
Mostly wooded terrain
Home design
Land parcel zoned for residential single-family use
Property type: Residential lot
Parking
Road access via county road
Construction
No structures (land only)
Utilities
Private water source
Well on site
Septic system required
Electric service available
No municipal solid waste service indicated
Sale and tax history for 702 Johnson Rd
Sale History
Tax History
Date
Event
Price
IRMLS #202629713
Aug 19, 2026
Contingent
—
Jul 23, 2026
Listed
$79,900
Escape to the peace and privacy of this beautiful 7.51-acre wooded property, conveniently located just 4 miles south of Spencer and only 1.5 miles west of State Highway 43. With approximately 535 feet of county road frontage and paved roads leading to the property, access is easy while still offering a secluded, country setting. The property is heavily wooded, providing an ideal location for a future home, weekend retreat, or recreational getaway. Existing improvements include a well and electric service already on the property, making it even easier to begin your plans. Whether you're looking to build, camp, or simply enjoy nature, this acreage offers a wonderful opportunity in a desirable location.
MIBOR as Distributed by MLS Grid #22116080
Aug 19, 2026
Pending
—
Jul 23, 2026
Listed
$79,900
Year
Property tax
Land + Additions
Assessment*
2024
$528 (−3.1%)
$27,300 + $12,000
$39,300
2023
$545 (−3.5%)
$26,900 + $11,100
$38,000
2022
$565 (−5.1%)
$26,500 + $10,300
$36,800
2021
$596 (+0.8%)
$26,300 + $7,900
$34,200
2020
$591 (+20.0%)
$26,300 + $8,100
$34,400
2019
$493 (+3.7%)
$19,500 + $7,700
$27,200
2018
$475 (+0.4%)
$17,600 + $8,500
$26,100
2017
$473
$17,900 + $8,300
$26,200
Public record
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
7.51 Acres
Year renovated
1980
Finished Sq. Ft.
1,064
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,064
Year built
1980
Style
Single Family Residential
County
Owen County
APN
601709203130000016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
Climate risks
7/10 Flood Factor
Estimated 72-80% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 17 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Spencer, IN • 47460
Average low and high temperatures (°F)
34
18
43
27
62
41
70
49
72
54
83
65
87
70
84
64
81
58
70
48
55
39
43
29
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 702 Johnson Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $110,000 and $282,500.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $110K to $283K.