5th Ave, Spencer, IN 47460
FOR SALE
NEW - 5 HRS AGO
1.54 ACRES

5th Ave
Spencer, IN 47460

    $57,500

    $57,500

    (on 1.54 acres)

    Home Highlights

    Listed
    Less than a day ago

    Local Information

    • Map ViewExplore the area around 5th Ave.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    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.

    Home Details for 5th Ave

    Active Status

    MLS Status: Active

    Exterior Features

    Frontage
    Road Frontage: City Street, Frontage RoadRoad Surface Type: Asphalt
    Farm & Range
    Horse Amenities: None

    Days on Market

    Cumulative Days on Market: 1Days on Market: <1 day on Trulia

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    Not a New Construction
    Property Information
    Parcel Number: 601020300400166028

    Price & Status

    Price
    List Price: $57,500
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Location

    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

    Agent Information

    Listing Agent
    Listing ID: 22118229

    Lot Information

    Lot Area: 1.54 Acres

    Miscellaneous

    Mls Number: 22118229
    Last check for updates: about 6 hours ago
    Listing Provided by: Christopher Wesley
    RE/MAX Select Associates, Inc.
    Source: MIBOR as distributed by MLS GRID, MLS#22118229

    Market trends in Spencer

    Last updated June 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    50
    1
    MoM

    Price History for 5th Ave

    DatePriceEventSource
    08/04/2026$57,500Listed For SaleMIBOR as distributed by MLS GRID #22118229

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    Property Tax and Assessment

    Year2025
    Tax$182
    Assessment$61,600
    Home facts updated by county records

    Comparable Sales for 5th Ave

    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    0.09
    Lot/Land
    $15,000
    08/28/25
    -
    -
    0.09
    Lot/Land
    $35,000
    09/24/25
    -
    -
    0.06
    Lot/Land
    $54,000
    07/16/26
    -
    -
    1.83
    Lot/Land
    $72,600
    03/17/26
    -
    -
    1.75
    Lot/Land
    $185,150
    10/31/25
    -
    -
    1.75
    Lot/Land
    $185,150
    10/31/25
    -
    -
    2.09
    Lot/Land
    $123,500
    09/12/25
    -
    -
    2.09
    Lot/Land
    $240,000
    11/06/25
    -
    -
    3.18
    Lot/Land
    $215,000
    03/13/26
    -
    -
    3.64
    Lot/Land
    $97,500
    12/23/25
    -
    -

    Nearby homes

    Get a sense of prices in the area by checking nearby homes.
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    Assigned Schools

    These are the assigned schools for 5th Ave.
    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    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.
    • Jenny R.
      "I have lived here for 16 years. It’s a quiet, safe area to call home. More in the country and that is why there is it much trick-or-treating in my area."
    • Emily G.
      "We love the Pride festivities! The best parade in the area! Really a sight to see. Beautiful country side, as well. "
    • Jenniferdyson69
      "I haven't lived here long looking to find a place for my family near by. so far spencer is a nice place and I would love my blended family to start a life here. "
    • Dawn O.
      "I find this area to be peaceful where I can be left alone as I wish yet the community is friendly. I always see a familar face when I go somewhere. Its a small quaint town, exactly what I wanted to raise my children in. My 13 yo son is thriving in the Middle School and the Elementary has amazing programs for my 3 yo son with special needs. Although I live in the country, surrounded by trees, nature, birds,deer and racoon, I can be in town and the stores, restaurants within a 5 minute drive. My son has even ridden his bike."
    • Eldar U.
      "Only 25 minutes from Bloomington and other larger towsn, but enjoy country living with spectacular views of McCormick's Creek Park."
    • Milton M.
      "We are retired and have been here eight years. Summers are wonderful,fall is beautiful,winters are mild. The terrain is very hilly with good roads. This part of owen county is just like brown county which is fameous for it's beauty."

    LGBTQ Local Legal Protections

    Christopher Wesley, RE/MAX Select Associates, Inc.
    Based on information submitted to the MLS GRID as of 2026-08-04 13:38:20 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
    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.