Home Highlights
Lot/Land
1.54 acre lot
Local Information
-- mins to
About this House
Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy's and O'Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.
Last check for updates: about 3 hours ago
Listing Provided by: Christopher Wesley
RE/MAX Select Associates, Inc.
Source: MIBOR as distributed by MLS GRID, MLS#22118229

Also Listed on MIBOR as distributed by MLS GRID.
Home Details for 5th Ave
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MLS Status: Active |
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Frontage Road Frontage: City Street, Frontage RoadRoad Surface Type: Asphalt |
Farm & Range Horse Amenities: None |
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Cumulative Days on Market: 2Days on Market: 45 |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not a New Construction |
Property Information Parcel Number: 601020300400166028 |
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Price List Price: $57,500 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: SpencerCommunity: No Subdivision |
School Information Elementary School: Spencer Elementary SchoolJr High / Middle School: Owen Valley Middle SchoolHigh School: Owen Valley Community High SchoolHigh School District: Spencer-Owen Community Schools |
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Listing Agent Listing ID: 22118229 |
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Lot Area: 1.54 Acres |
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Mls Number: 22118229Attribution Contact: cwesley@homefinder.org |
Around this home
What Locals Say about Spencer
At least 19 Trulia users voted on each feature.
95 % Say parking is easy
92 % Say car is needed
92 % Say there's holiday spirit
85 % Say yards are well-kept
72 % Say it's quiet
64 % Say it's walkable to grocery stores
61 % Say it's walkable to restaurants
61 % Say kids play outside
59 % Say people would walk alone at night
59 % Say there are sidewalks
58 % Say there's wildlife
56 % Say neighbors are friendly
55 % Say they plan to stay for at least 5 years
54 % Say it's dog friendly
45 % Say streets are well-lit
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Spencer
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
54
4MoM
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
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0.09 | Lot/Land | $35,000 | 09/24/25 | - | - | ||
0.06 | Lot/Land | $54,000 | 07/16/26 | - | - | ||
1.75 | Lot/Land | $185,150 | 10/31/25 | - | - | ||
1.75 | Lot/Land | $185,150 | 10/31/25 | - | - | ||
2.09 | Lot/Land | $240,000 | 11/06/25 | - | - | ||
3.18 | Lot/Land | $215,000 | 03/13/26 | - | - | ||
3.81 | Lot/Land | $85,000 | 08/25/26 | - | - | ||
3.64 | Lot/Land | $97,500 | 12/23/25 | - | - | ||
3.89 | Lot/Land | $66,000 | 09/10/26 | - | - | ||
4.04 | Lot/Land | $289,900 | 10/07/25 | - | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $449,000 | 4 | 2 | 2,600 | For Sale | |
0.06 | $195,000 | - | - | - | For Sale | |
0.06 | $54,000 | - | - | - | Recently Sold | |
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.09 | - | - | - | - | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.10 | $304,700 | 3 | 2 | 1,645 | Off Market | |
0.10 | - | - | - | - | Off Market |
Price and Tax history
| Date | Event | Price |
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Aug 4, 2026 Source: MIBOR as distributed by MLS GRID #22118229 | Listed For Sale | $57,500 |
| Year | Property tax | Tax assessment |
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| 2025 | $182 | $61,600 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Christopher Wesley, RE/MAX Select Associates, Inc.

Based on information submitted to the MLS GRID as of 2026-09-19 01:07:59 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 5th Ave
- How big is 5th Ave?5th Ave in Spencer, IN is about 1.5 acres.
- What is the price per acre for 5th Ave?5th Ave in Spencer, IN is listed at $57,500, or about $35K per acre.
- What do residents say about Spencer?Residents describe Spencer, IN as easy to park in, well-kept, and quiet. Most residents say you need a car. See homes for sale in Spencer, IN.
- What are the closest schools to 5th Ave?The closest schools to 5th Ave in Spencer, IN are Owen Valley Community High School (rated 8/10), Owen Valley Middle School (rated 6/10), Spencer Elementary School (Pre-K, rated 5/10).
5th Ave, Spencer, IN 47460 is a lot/land. This property is currently available for sale and was listed by MIBOR as distributed by MLS GRID on Aug 4, 2026. The MLS # for this home is MLS# 22118229.