Back 231 IN-46
Off Market

231 IN-46

Spencer IN 47460

1106860 sq. ft.
Land
Last sold for $215,000
Chris WesleyChris Wesley, last sold this property on 13 March 2026 after 43 days on market.

Overview

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.

Features

1106860 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Spencer over the last 12 months, the estimated median property value of 231 IN-46 is $137.5k.

Median value
$137.5k
Estimated value range
$15k - $342k
Median days on market
59
Estimated value trend
253%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Spencer. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 231 IN-46

2026
Sold
$215,000
13 Mar 2026 by Chris Wesley, of RE/MAX Select Associates, Inc.

Happy sellers in Spencer

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We have insufficient information to provide an overview of customer satisfaction for Spencer. Viewing the agent profiles, reviews and sales for Spencer can provide insights for this location.

Local market activity for land plots in Spencer

In the last 12 months, 13 land plots similar to 231 IN-46, have been sold.

This represents a 59% increase in land plots sales when compared to the previous 12 months.

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