7228 Locust Lake East Drive Spencer, IN 47460

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Residential Land

$24,900

7228 Locust Lake East Drive

0.84 Acres
Property Description

Two wooded lots totaling 0.84 of an acre are located in the quiet Locust Lake community just north of Spencer. With partial views of the water from across the road, this property offers an ideal setting for a future home or weekend getaway. A driveway has already been installed, and a perk test for septic has been completed and is on record, making the property ready for development. Electricity is available at the road, and high-speed internet is offered through REMC. While the property is not lakefront, ownership includes access to the community dock and the ability to leave a boat tied up. Locust Lake is a well-stocked, man-made lake that allows electric motorboats only, perfect for peaceful fishing or relaxing time on the water. HOA dues are paid annually in August. Whether you're ready to build or simply want a tranquil escape, this 0.84-acre property is a wonderful opportunity to enjoy lake life in a natural, wooded setting.

Directions

GPS Friendly, when entering the lake community stay to the right for East Drive property is on the right after crossing the dam.

Map to 7228 Locust Lake East Drive, Spencer, IN 47460

Property
MLS # 202512366
Date Listed 2025-04-11
Status Active
Property Type Lots and Land
Property SubType Residential Land
Type Residential Land
Annual Taxes $45.91
Year Taxes Payable 2024 Payable 2025
Virtual Tour propertypanorama.com »
Days on Market 17
External Features
Construction Residential Land
Lot Size 36,590 sq ft
Acreage 0.84 Acres
Lot Dimensions 0 x 0
Fence None
Location
Area Owen County
County Owen
Subdivision Locust Lake
Township Montgomery
City Spencer
State IN
Zip 47460
Schools
School District Spencer-Owen Community Schools
Elementary Gosport
Middle School Owen Valley
High School Owen Valley
Financial
Assoc. Dues $820.00 Annually

MLS# 202512366
Listing Provided Courtesy of Corey Mauder
Century 21 Scheetz - Bloomington
Cell: 812-606-1908

Listing updated April 11, 2025 at 3:01 pm
Last checked 13 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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