5th Ave
Spencer, IN 47460
$57,500
$57,500
(on 1.54 acres)
Home Highlights
Listed
Less than a day ago
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.
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: 1Days on Market: <1 day on Trulia |
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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: 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

Also Listed on MIBOR as distributed by MLS GRID.
Market trends in Spencer
Last updated June 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
50
1MoM
Price History for 5th Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/04/2026 | $57,500 | Listed For Sale | MIBOR as distributed by MLS GRID #22118229 |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| 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.Assigned Schools
These are the assigned schools for 5th Ave.
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.
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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.