Cheap homes for sale & real estate in Spencer, IN

Cheap Home for sale in Spencer, IN:

Looking for a little acreage that could make a good country homesite, place to have a getaway cabin or a place to get away with the camper. This just maybe what you're looking for. This tract has an area on the northeast corner with some clearing could have amazing views overlooking the valley below towards the white river. This land is primarily composed of woods and has road frontage on 2 sides of the property. The property provides good opportunities for deer, turkey, small game and morel mushroom hunting. Electric is available at the road. Good getaway tracts in this price range do not last long, call to schedule your own showing before it's gone.

Cheap Home for sale in Spencer, IN:

Discover this 51.32 acres in Owen County, Indiana, offering the perfect blend of income and recreation. With 14.91 acres of productive tillable ground currently rented to a local farmer, this property provides steady income that can also create a prime food source to draw deer from miles away. The remaining 36.4 acres of rolling timber feature natural draws and cuts that make stand placement ideal for playing the wind and thermals and outsmarting mature bucks. Secluded and private, yet less than 15 minutes from Spencer, this farm combines convenience with the ultimate hunting setup at an affordable price. This farm also has beautiful building sites that could become your dream home.

Cheap Home for sale in Spencer, IN:

Discover the potential of this 25.41-acre property located just north of Carp on US Highway 231. This beautiful parcel offers approximately 10 acres of wooded land and 15 acres of tillable ground, providing the perfect mix for recreation, farming, or a future home site. Enjoy the peace and privacy of a rural setting with convenient highway access. The wooded acreage is ideal for hunting, trails, or a quiet getaway, while the tillable ground offers income potential or space for crops and gardens. Whether you’re looking to build your dream home, establish a hobby farm, or simply enjoy the outdoors, this property offers endless possibilities.

Cheap Home for sale in Spencer, IN:

Build your dream home at 716 White Oak Road in the welcoming Four Oaks subdivision! This level . 342-acre lot is the perfect blank canvas with city utilities and fiber internet available, making it easy to start your custom build. With no spec homes allowed, you’ll enjoy a neighborhood of well-crafted, intentional homes. Builder will build to suit, creating a home that fits your lifestyle and vision. Four Oaks is thoughtfully designed for connection, comfort, and outdoor enjoyment. Neighborhood amenities include a private dog park, lake access with a scenic walking trail, a community clubhouse, sidewalks, that inspire morning walks, evening gatherings, and friendly hellos. Ideally loc